In 1953, seven Oklahoma Department of Public Safety (DPS) employees recognized the benefits a credit union would provide their coworkers. These founding members were intent on providing affordable financial services for the varied needs of the uniformed Highway Patrol and civilian DPS employees. The founding members pooled their personal resources and applied for a credit union charter. In September 1953, the National Credit Union Administration granted a charter to DPS Federal Credit Union and our credit union began to serve its members.
In September 1957, the credit union's field of membership was expanded to include the Oklahoma State Bureau of Investigation. The charter was again revised in 1998, 1999, 2005 and 2008 to include the Oklahoma Bureau of Narcotics and Dangerous Drugs, the Alcoholic Beverage Law Enforcement Commission, the Council on Law Enforcement Education and Training, the Office of the State Fire Marshal, the Department of Environmental Quality, and the Office of the Attorney General and their families.
Our credit union was founded as a "not for profit" institution to provide exemplary financial service to our members at the lowest possible cost. Our credit union remains dedicated to this philosophy to this day. Our seven unpaid volunteer Board members represent an equitable cross section of uniformed and civilian employees from the various law enforcement agencies served by our credit union.
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