Lending & Product FAQ

How do payments work?
Pay by check, or set up auto payments!
What terms are available?
We lease from 24-60 months
Is money down required?
In most cases, IMCU does not require money down.
How much is needed to get started?
Only your first payment is required to get started!
Who can lease with IMCU?
Any IMCU member can lease with credit approval licensing and registering the vehicle in Indiana.
What is the benefit of leasing?
Typically, the payment is lower than a payment on a similar loan term

Investment Services
What is the Indiana Members Investment Services Program?
The Indiana Members Investment Services Program is a full-service investment program located at Indiana Members Credit Union and offered through LPL Financial.
How can Investment Services Help?
  • We can help with rollover services or pension plans if you've lost a job, changed jobs or recently retired. You may have up to four options (and may engage in a combination of these options): leave the money where it is, roll it over to your employments new plan, roll it into an Individual Retirement Account (IRA), or cash it out. There may be differences in features, costs, services withdrawal options and other important aspects between your employers sponsored retirement account and an IRA.
  • We can create a retirement income plan to approach your future years with confidence.
Can the Indiana Members Investment Services Program Help Me with Retirement Planning?

Yes! Indiana Members Investment Services has access to a wide variety of  investment products to help you work towards the retirement lifestyle you're seeking. We believe everyone has a unique vision of their retirement years and we can help you manage your money to support that vision.

How do I get started with Investment Services?
To set up a no-cost, no-obligation appointment, contact an LPL Financial Advisor today at Indiana Members Investment Services 317- 610-3945 or contact your local branch. Be sure to bring any documentation that will help the Financial Advisor understand your situation better, such as: tax forms, account statements, benefit information and a picture ID. If married, it is best that both you and your spouse attend.

Auto Advisor
What is the Auto Advisor program?
A dealer network that agrees to help our preapproved members get the best price on a vehicle without the haggling.
How do I use auto advisor?
First, visit a local IMCU branch or IMCU.COM, and fill out an application. After pre-approval, branch staff will give you a certificate to take to the Auto Advisor dealership.
What vehicle brands are a part of this program?
Most brands, new and used, are represented.
How do I pick up my new vehicle?
Once you decide on a vehicle, the dealer will get the purchase order to the branch. When you sign the loan documents, a check for the dealer will be provided to you. The dealer will then go through the complete delivery for you at the dealership.

IMCU has a car lot?
When a vehicle is turned in at the end of its lease with IMCU, we have it fully inspected and detailed, and make it available for a great used car deal to our members. The list of cars is always on our site at IMCU.COM, or you can call 317.791.9398 to check on availability.
Where is the car lot located?
The car lot is located just north of our Southside Branch at 5047 Madison Ave., Indianapolis In
Do you take trades?
No, we are unable to take trade in vehicles.

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Indiana Members Credit Union and Indiana Members Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Indiana Members Investment Services, and may also be employees of Indiana Members Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Indiana Members Credit Union or Indiana Members Investment Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value

Your Credit Union (Indiana Members Credit Union) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay Indiana Members Credit Union for these referrals. This creates an incentive for Indiana Members Credit Union to make these referrals, resulting in a conflict of interest. Indiana Members Credit Union is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.