The credit union offers a variety of loan options for your lending needs.
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 $10,000 and this protection doesn't cost you a thing.
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.
Helping Hand Loan
An unexpected expense or an emergency arises and you don’t have the savings or funds to cover it. What do you do? Let Greater Texas and Aggieland Credit Union lend you a Helping Hand. Our Helping Hand Loan is there when you need it most. Previously known as our Merry Money Loan, the Helping Hand Loan is offered year-round.
Helping Hand Loan:
- A loan for unexpected expenses
- Low, fixed rate
- 10 month repayment
- Minimum loan amount of $700
- Maximum loan amount of $2,500
- No waiting period for funding
- Members may receive one Helping Hand Loan in a rolling 12 month period
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 (512) 458-2558.