Yes, after the later of the loan application or the giving of a constitutionally specified notice, lenders and borrowers must wait 12 days before loan papers can be signed, and there is an additional three-day right of rescission period before funds can be disbursed. This cooling off period allows borrowers time to review all aspects of the equity loan.
Annual Audit Notice As part of the Texans Credit Union annual audit, our auditor, Doeren Mayhew, will be mailing account confirmation letters to a sample group of our membership in December. These letters will ask you to verify September 2025 month end balances on your accounts. Separate letters will be mailed for deposit accounts and loan accounts. All responses should be mailed directly to the auditing firm using the prepaid postage envelopes provided in the mailing.
Loan Applications Due to system downtime, loan application processing is slightly delayed. We appreciate your patience.
