Q&A with Local Las Vegas Credit Union: InTouch CU

Las Vegas Banking Rates conducted an interview with local Las Vegas credit union, InTouch CU, to find out more about their services:

Las Vegas Banking Rates: Tell us about your most popular deposit product, what are the requirements for opening this type of account?

InTouch CU: Free checking is the most popular deposit account that InTouch Credit Union offers. With low-cost check options, free debit card, free home banking, free ATM withdrawals (transaction limits apply) to name just a few of the perks, it’s easy to see why it is our most popular account. And all you need is an initial $100 deposit.

Las Vegas Banking Rates: Do you offer free mortgage or auto loan quotes? If so, what are the steps for a consumer would take to obtain a no obligation quote?

InTouch CU: Loan calculations can be done on our website without obligation. For mortgage loans, consumers may use our online quote app or contact us directly (800-337-3328, Option 3). Both options are free and you won’t be put on a mailing list.

Las Vegas Banking Rates: What are typical turnaround times for a mortgage loan and auto application to be processed and funded?

InTouch CU: For the convenience of members, InTouch Credit Union provides online loan applications which use “auto-scoring” to speed up the loan approval process. This allows many car loans to be approved in less than 30 minutes and mortgages in less than a day.

Applicants should not be concerned that they might be auto-declined without further consideration. ITCU takes a second look at these loans to ensure there wasn’t an error or an otherwise acceptable reason (with further explanation) for the denial.

InTouch tries very hard to give every opportunity for a loan to be approved. Funding for auto loans is generally done the same day it is approved; mortgage loans are usually funded within 11 days for most states, 16 in Texas.