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How to Make a Loan Payment

How to Make a Loan Payment

Fast, Convenient Payment Options for Every Member

 
We offer several easy ways to make your loan payment. Whether you're transferring funds from a Telco Triad account, using a debit card or transferring from another financial institution, choose the option that works best for you.

Quick Comparison

Payment Method Fee Direct to Loan? Setup Required
Transfer from Telco Triad Checking or Savings
 No
✅ Yes
 No
Rapid Transfer (Debit Card) Yes
❌ No 
 No
External Transfer No
✅ Yes
 Yes

 1. Transfer from a Telco Triad Account

If you have a Telco Triad checking or savings account, you can transfer the fund directly to your loan through our digital banking. 

✅ No fee
✅ Direct payment to your loan
✅ Quick and easy

 2. Pay with a Debit Card (Rapid Transfers)

Use our Rapid Transfers option to move funds from your debit card to your Telco Triad account.

Please note: Rapid Transfers includes a processing fee and requires a two-step process. Funds must first be deposited into your savings or checking account before being transferred to your loan. Funds cannot go directly to your loan. 

  • Fees:
    • Pull-from-card transfers (moving money from an external debit card into your Telco Triad account): 0.75% fee with a $0.50 minimum per transfer

 3. Transfer from Another Financial Institution

Connect an external account to transfer funds from another bank or credit union.
  1. Log in to Telco Triad's digital banking. 
  2. Go to Settings > Accounts > External Transfers.
  3. Enter your account information and select Submit.
  4. We will then send two small deposits to the account information provided. These may take 2-3 business days to appear in your external account.
    1. Once those deposits are made, log back into online banking and provide the amounts. This is done at the same place you started the process: Settings > Accounts > External Transfers.
  5. Once verified, you can transfer funds to and from your external account.
Need Help?

Watch our Transfers Tutorial to learn how to move funds between accounts and set up external transfers.

🎥 Watch the Video:
https://youtu.be/sT5bZAFW6XA?si=F1yoqnHgbgzV9s3R

📞 Call us: 712-252-4368
🏦 Visit us: During regular business hours - find a branch near you

Making your loan payment is simple. Choose the option that works best for you.