Loan Protection Programs

At Premier Federal Credit Union, our members are our most important asset. Therefore, we provide you with services and information that will help you protect you in the event of any unexpected circumstance.


The Credit Union offers GAP Plus coverage to all of its members who have a new or used car financed with Premier FCU. This insurance will pay the difference between the primary auto insurance carrier's settlement and the Protected Balance. The Protected Balance is the payoff amount that is directly related to the purchase of the vehicle or the amount borrowed that is secured by the vehicle (subject to coverage limits).

 $375 for the term of the loan.

 Provides member with $1,000 toward the purchase of another vehicle if they finance with Premier FCU.

 Available on all vehicle loans regardless of the year, make or model.*

* Guaranteed Asset Protection(GAP) is made available to you by Frost Financial Services. Not available for salvage vehicles.


Credit Life/Credit Disability Insurance

The Credit Union offers credit life and disability insurance which protects members and their families in the event of death or disability.

 Single Credit Disability Cost: $0.250/$100 of monthly loan balance

 Joint Credit Disability Cost: $0.415/$100 of monthly loan balance

 Single Credit Life Cost: $0.068/$100 of monthly loan balance

 Joint Credit Life Cost: $0.115/$100 of monthly loan balance

For more information, please contact us at 336-370-1286, or visit


Extended Warranty

Most major repairs occur after the manufacturer's warranty expires. Premier FCU offers coverage through Route 66 Extended Warranty, so you can feel better about unexpected repairs or maintenance down the road.

Route 66 is the most comprehensive extended warranty coverage for all makes and models of automobiles. Purchasing Extended Warranty for your new vehicle provides you with "Peace of Mind", because even the most reliable vehicle can develop a mechanical problem.

Benefits of Extended Warranty:

Zero deductible

Nationwide coverage

Lockout service

Flat tire service

24/7/365 Emergency road side assistance

30-day Money Back Guarantee

Total Loss Refund – If the automobile is declared a total loss by the insurance company due to collision or act of God, Route 66 will refund the entire original premium of service agreement.

Motorsports and On and off road powersport vehicles are eligible

The cost of this coverage may be included with your Premier FCU vehicle loan.

For more information on Extended Warranty coverage, contact us today at 336-370-1286 or stop by your local Premier Branch.

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