Credit Unions began with a simple concept: Members pool their savings and lend to each other. Credit Union founders had a motto: "Not for profit, not for charity, but for service."
The Federal Credit Union was signed into law in 1934 and remains the guiding set of rules for federal credit unions today.
The field of membership - place of work, worship or residence - determine who may join.
Another feature of credit unions is their volunteer leadership. Our Credit Union Board of Directors are qualified, unpaid volunteers the members elect. They work for the membership's best interest, not for the interest of a few stockholders.
All Board Members/Officers as well as the personnel of Pocono Medical Center Federal Credit Union are adequately Bonded by the CUNA mutual Insurance Group.
As previously stated, all board members as well as the staff and credit committee are bonded and bound by a sworn oath of secrecy to keep all members' information confidential.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154