MSUFCU requires full coverage insurance on any vehicle type that is being used as collateral for a loan. This coverage must protect against loss by fire, theft, or collision, as well as comprehensive coverage. Section five of the Security Agreement located in the Multi-Featured Loan Agreement and Security Agreement explains this requirement.
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MSU Federal Credit Union
savings are Federally insured to at least $250,000 by the NCUA
and backed by the full faith and credit of the United States Government.
APR = Annual Percentage Rate. APY = Annual Percentage Yield.
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