Line of Credit
Never worry about an accidental "bounced check" again. Apply for a Line of Credit to protect your share draft account from little mistakes that may happen every now and then. Qualified members can borrow up to $49,999 and this protection doesn't cost you a thing. Download a Line of Credit Application for an individual or call us to apply today.
Competitive rates make these special, unsecured loans perfect for qualified members planning a vacation getaway, special event or big purchase. You can borrow up to $49,999 and the loan can be used for any reason.
Recreational Vehicle Loans
The types of loans are great for the purchase of boats, RVs, motorcycles, jet skis, ATVs, or horse trailers.
Due to recent compliance regulations, GTFCU is unable to finance Park Model RV’s/Homes/House Boats.
Unimproved Property Loan
This loan allows you to borrow for the purchase of land that has received no development, construction, or site preparation. The minimum loan amount is $10,000. The maximum loan amount is based on 80% of the value determined by a certified appraisal. The maximum loan term is 15 years with low closing costs. Land loan application
Home Improvement Loan
This loan allows you to borrow to make improvements to your primary residence. The minimum loan amount is $10,000. The maximum loan amount is 90% of Value (Present balance, other liens, plus new Maximum term of 15 years improvements can not exceed 90% of the value of the home) ** NO WORK MAY COMMENCE PRIOR TO LOAN FUNDING ** Improvement Loan provisions.
This loan is available to eligible members who can use their stock investments as loan collateral. Members can receive up to 50% of the value of the stock for a loan.
Share Certificate Loan
This type of loans uses your Share Savings Account or a Term Share Certificate of Deposit Account as loan collateral. Loans secured by a Share Certificate (CD loans) with a term of 36 months or longer will require a monthly payment. Eligibility is determined by the account balance. Members can receive up to 90% of the value of their savings or term share certificate.
Emergency loans are limited to certain situations such as a death in the immediate family, unforeseen auto repairs, medical expenses that affect your livelihood, or catastrophic disasters. An emergency loan is a one-time payment loan and is approved only once in a twelve month period.
For more information on these various loans please contact our Loan Department.