Loan Payment Options
We know you’re busy, so we offer 4 convenient ways to make your loan payments easier on you.
Online Loan Payments (from other financial):
We have partnered with Allied Payment to provide Portal Pay to securely process online payments to your EIFCU loan. This service is offered specifically to accommodate members who need to make a loan payment from another financial institution.
Use your Routing and Account Number at your other financial institution to make a payment.
You must enter your Member Number - (dash) Loan Number (example 12345-67).
Complete required fields and select “Bank Account” under “Payment Information Type”.
No fee will be charged using this method.
Use your Debit Card from another financial institution to make a payment.
You must enter your Member Number - (dash) Loan Number (example 12345-67).
Complete required fields and select “Debit Card” under “Payment Information Type”.
A $4.00 convenience fee will be charged for using your debit card to make a loan payment online. This is a non-refundable fee.
For both payment methods:
Please retain a copy of the supplied receipt page or email as proof your transaction has been approved.
This method of payment is not intended for paying your loan balance in full or for making payments larger than $2,500.
Payments submitted before 5:00 PM CST will be posted in 2 business days.
Payments by credit cards are not allowed and payments to your EIFCU credit card are not available through this method of payment.
For your ease and security, this system does not save your member or loan information and must be entered each time you make a loan payment. Multiple loan payments may not be combined into one transaction; each loan must be identified individually through your member number - loan number.
Transfer from My EIFCU Account
You may establish a scheduled recurring or one time transfer from your EIFCU account to your EIFCU loan.
You can also schedule transfers yourself by logging in to your Online Banking to set up your automatic payment. Click on the transfers tab, then click scheduled transfers button.
Or you can call us and we can set this up for you.
There is no fee for this service.
In Person
You can always come into the branch and make your payment in person, drop into the drop-box available or use one of our drive thru lanes offered at each branch.
You can use the payment coupons to make payments. Coupons are available upon for request, please contact the credit union to request coupons.
You may mail in a check or money order, attached with your payment coupon (available upon request) to:
Eastern Indiana Federal Credit Union
801 S. Memorial Drive
New Castle, IN 47362