About Us

Ingersoll-Rand Federal Credit Union

We are proud to partner with Credit Union Student Choice in offering our members a valuable student lending solution! Not currently a member of the credit union? Don't put your dream on hold. Apply now, but note that you will need to become a credit union member—another choice that will pay you back for a lifetime—before we can fund your loan.

 

What is a credit union?

Credit unions are not-for-profit organizations that exist to serve their members rather than maximize corporate profits. Like banks, credit unions provide a variety of financial services, but as member-owned cooperatives, they focus on providing a safe place to save and borrow at reasonable rates while returning income to their members in the form of dividends.

 

Why choose a credit union?

Credit unions operate to serve their members and communities. One way they do that is by promoting thrift and offering competitive rates with a focus on the best interest of the borrower - in this case students. When you choose your credit union to pay for college, you'll benefit from great rates, low fees, convenient repayment terms, and most importantly, a life-long relationships with a lender you can trust.

 

Who is eligible for credit union membership?

YOU! And it's easy to join Ingersoll-Rand Federal Credit Union! Just visit the Ingersoll-Rand Federal Credit Union website to learn more about our credit union membership and to open your account.

Not familiar with credit unions? Credit unions are not-for-profit financial cooperatives. We offer many of the same products and services as banks - including savings and checking accounts, loans, ATMs and online banking - but there are also key differences that can save you money. Credit unions are owned and controlled by our members, not profit-driven shareholders. That means the average credit union can offer better rates and lower fees than many other financial institutions!

 

Who is Credit Union Student Choice?

A group of leading credit unions saw a need in the marketplace for a better private student loan - one that was actually in the student’s best interest and honored the credit union philosophy of putting members first. That common ground gave rise to Credit Union Student Choice – a company that serves credit unions so they can offer fair-value student lending solutions and straight-forward advice to students and members. By working together, credit unions across the country are providing students and families with:

  • Straightforward terms
  • Lower rates
  • No origination fees
  • Flexible repayment options