Debt Protection

Nobody likes to think about it, but we all know it's true

Stuff happens. Death, disability, unemployment and other unforeseeable events are simply a part of life that we all try to be prepared for. 

That's why we offer MEMBERS CHOICE™ Borrower Security*. You don't have to enroll, but it's here if you want to. MEMBERS CHOICE™ Borrower Security will make your loan payments for you if illness or injury leaves you unable to work. The coverage is good for a full year, or $12,000. MEMBERS CHOICEBorrower Security also pays off your outstanding loan balance - up to $50,000 - in the event of your death. And some packages include three months or $1,500 of protection against involuntary unemployment.

The program is optional, of course, and it can cover your consumer loans, credit cards and home equity loans. To sign up, give your loan representative a call.

Frequently Asked Questions

*This is a summary of the Borrower Security program. Enrollment in the plan is optional. MEMBERS CHOICE™ Borrower Security is a debt cancellation product available through Spokane Federal Credit Union. Please contact your credit union loan representative or refer to the member agreement for additional information on benefit maximums, eligibility and limitations.