GAP Insurance

The credit union has joined forces with Allied Solutions, to offer you Guaranteed Asset Protection. Through a partnership with an insurance carrier who is rated A+ by leading insurance analyst A.M. Best, Allied Solutions, brings peace of mind and financial security to credit union members nationwide.

What is GAP? It is the difference between the principle balance on your auto loan or payoff amount and the actual cash value of your vehicle.

New car

Many members do not realize the car they just purchased starts to depreciate the moment they drive it off the lot. They assume if their vehicle is stolen or damaged beyond repair, their insurance coverage will pay the remaining balance owed to the lender.

However, you may be surprised to learn that in the event of a total loss, the settlement amount received from your insurance company is the actual cash or market value of your vehicle. In many cases, this amount is less than what you owe the lender and you are held responsible for the difference.

Our GAP program also reimburses you for your insurance deductible if you are in an accident that doesn’t total your vehicle. By just purchasing GAP on one auto, this feature covers all automobiles registered, titled and insured under your name. **Deductible up to $1,000.00** GAP is available for a nominal cost and may be purchased within 30 days of vehicle purchase date. Ask your credit union representative for details.

 

 

EHL_logo_white NCUA_logo_white

We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.

NCUA_white

Your savings federally insured to at least $250,000, and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
Sharon L., President NMLS# 456126 Jenifer N., VP NMLS# 807505 Bakers FCU Routing No: 304087567

What Does Baker's Federal Credit Union Do with your personal Information?

View Baker's FCU Privacy Policy

Baker's Federal Credit UnionBaker's Federal Credit Union 11117 John Galt Blvd # B Omaha, NE 68137 Open 8:30-5:00 M-F Closed Sat-Sun

Call the Credit Union 402-339-6755

Notice to Customers: Federal law requires that customers for certain transactions be identified by Name, address, government-Issued identification and other relevant information. Therefore, customers may be asked to provide information and identification to comply with the law.

© Copyright 2015 Baker’s Federal Credit Union, All Rights Reserved :: Omaha, Nebraska website Powered by Heartland Hosting, LLC