Rates

Savings

  Minimum Deposit to Open Account Minimum Average Daily Balance to Earn Dividends Dividend Rate Annual Percentage Yield
Savings (Share) $20 $100 0.25% 0.25%
Youth Savings $20 $20 0.25% 0.25%
Christmas Club (may be opened November 1 - March 31)* $10 $10 0.20% 0.20%

Note: Dividends are compounded and credited quarterly on the last business day of March, June, September and December. Dividends are paid from current earnings available after transfers to reserves and only after the Board of Directors of the Credit Union formally declares the dividend rate at the end of the quarter. A penalty will or may be imposed for early withdrawal. APY is accurate as of the last dividend declaration date. Rates may change after the account is opened. Rates are accurate as of Tuesday, September 12, 2017.


*Christmas Club Account - Interest paid through October 31, balance transferred to checking or savings account on November 1. In the event of early withdrawal, account will be closed and all accrued interest will be lost.

What to Expect

To open a savings account you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Minimum deposit to open account – represents your ownership or “share” of GECU
  • Learn more

Your deposits are insured by National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.

Quick Answers

Money Market

Certificates of Deposit

Regular CD

Product Minimum Deposit & Average Daily Balance Interest Rate Monthly / APY* Annual / Maturity APY*
3 Months $2,500 0.50% N/A 0.50%
6 Months $2,500 0.70% N/A 0.70%
18 Months $1,000 1.40% 1.41% 1.41%
24 Months $1,000 1.40% 1.41% 1.40%
30 Months $1,000 1.65% 1.66% 1.66%
36 Months $1,000 1.65% 1.66% 1.65%
48 Months $1,000 1.65% 1.66% 1.65%
60 Months $1,000 1.85% 1.86% 1.85%
12 Months $100,000 CD* $100,000 1.20% N/A 1.20%
(Fixed-Rate)
12 Months $50 0.90% 0.90% 0.90%
12 Months Jumbo $50,000 1.00% 1.00% 1.00%
Bump-Up CD (Variable-Rate)
12 Months - Celebrating 85 Years $85 0.85% 0.85% N/A
12 Months Jumbo $50,000 1.05% 1.06% N/A
18 Months $5,000 1.35% 1.36% N/A
18 Months Jumbo $50,000 1.45% 1.46% N/A
60 Months  $2,500  2.10% 2.12% N/A
60 Months Jumbo  $50,000  2.20% 2.22% N/A
SmartStep (Variable-Rate)
24 Months $2,500 1.25% 1.26% N/A
24 Months Jumbo $50,000 1.35% 1.36% N/A

Senior Privilege CD

Senior Privilege Certificates may be purchased at 0.15% above current rate (rate will automatically increase on existing qualified CDs at next renewal following tax-select owner's 60th birthday). Ask about our Jumbo Certificates of Deposit for $50,000 and above.

Product Minimum Deposit & Average Daily Balance Interest Rate Monthly / APY* Annual / Maturity APY*
3 Months $2,500 0.65% N/A 0.65%
6 Months $2,500 0.85% N/A 0.85%
18 Months $1,000 1.55% 1.56% 1.56%
24 Months $1,000 1.55% 1.56% 1.55%
30 Months $1,000 1.80% 1.81% 1.81%
36 Months $1,000 1.80% 1.81% 1.80%
48 Months $1,000 1.80% 1.81% 1.80%
60 Months $1,000 2.00% 2.02% 2.00%
Fixed Rate 12 Month CDs
12 Months $50 1.05% 1.06% 1.05%
12 Months Jumbo $50,000 1.15% 1.16% 1.15%
SmartStep CD (Variable-Rate)
24 Months $2,500 1.40% 1.41% N/A
24 Months Jumbo $50,000 1.50% 1.51% N/A

The interest rate and Annual Percentage Yield (APY)* on the fixed-rate CDs are fixed until the maturity date of the certificate. The interest rate and APY on a variable-rate CD may be changed once, at your request, during each 24-month term.

Smart Step Certificates offer an option to increase the interest rate during each term.  This option may be used to increase the rate to the current rate in effect  for this same type of certificate on the day the request is made in writing.  24 Month Term: one option to increase the interest rate during each 24 month term. 

Bump Up Certificates offer an option to increase the interest rate once during each term.  This option may be used to increase the rate to the current rate in effect for this same type of certificate on the day the request is made in writing.  Unlimited funds may be deposited at any time during the term of the CD.  Bump Up CD is promotional and subject to change, cancellation, or renewal as a standard 12, 18 or 60 month CD, as applicable, with prior notification from the Credit Union.

Accounts will be cancelled if the balance drops below the minimum amount required for the term of the account and an early withdrawal penalty may apply.  Early withdrawal penalties for account terms of 3 and 6 months is 30 days of interest (whether earned or not); 12 months is 90 days of interest (whether earned or not); 18 and 24 months is 150 days of interest (whether earned or not); 30, 36, and 48 months is 240 days of interest (whether earned or not); and 60 months is 300 days of interest (whether earned or not). Rates are accurate as of Tuesday, September 12, 2017.

 

What to Expect

To open a certificate of deposit you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Minimum deposit to open certificate of deposit
  • Learn more

Your deposits are insured by National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.

Quick Answers

Individual Retirement Account

Share IRA

  Minimum Deposit to Open Account Minimum Average Daily Balance to Earn Dividends Dividend Rate Annual Percentage Yield
IRA (Share Type) $20 $20 0.35% 0.35%

CD IRA

Product Minimum Deposit & Average Daily Balance Interest Rate Monthly / APY* Annual / Maturity APY*
Fixed-Rate
3 Months $2,500 0.60% N/A 0.60%
6 Months $2,500 0.80% N/A 0.80%
18 Months $1,000 1.50% 1.51% 1.51%
24 Months $1,000 1.50% 1.51% 1.50%
30 Months $1,000 1.75% 1.76% 1.76%
36 Months $1,000 1.75% 1.76% 1.75%
48 Months $1,000 1.75% 1.76% 1.75%
60 Months $1,000 1.95% 1.97% 1.95%
Fixed-Rate 12 Month CDs
12 Month $50 1.00% 1.00% 1.00%
12 Month Jumbo $50,000 1.10% 1.11% 1.10%
SmartStep (Variable-Rate)
24 Months $2,500 1.35% 1.36% N/A
24 Months Jumbo $50,000 1.45% 1.46% N/A
Bump Up CDs
18 Months $5,000 1.45% 1.46% N/A
18 Months Jumbo $50,000 1.55% 1.56% N/A
60 Months $2,500 2.20% 2.22%  N/A
60 Months Jumbo $50,000 2.30% 2.32% N/A 

Senior Privilege CD IRA

Product Minimum Deposit & Average Daily Balance Interest Rate Monthly / APY* Annual / Maturity APY*
3 Months $2,500 0.75% N/A 0.75%
6 Months $2,500 0.95% N/A 0.95%
18 Months $1,000 1.65% 1.66% 1.66%
24 Months $1,000 1.65% 1.66% 1.65%
30 Months $1,000 1.90% 1.92% 1.91%
36 Months $1,000 1.90% 1.92% 1.90%
48 Months $1,000 1.90% 1.92% 1.90%
60 Months $1,000 2.10% 2.12% 2.10%
Fixed Rate 12 Month CDs
12 Months $50 1.15% 1.16% 1.15%
12 Month Jumbo $50,000 1.25% 1.26% 1.25%
SmartStep (Variable-Rate)
24 Months $2,500 1.50% 1.51% N/A
24 Months Jumbo $50,000 1.60% 1.61% N/A

Rates are accurate as of Tuesday, September 12, 2017.

*APY - Annual Percentage Yield

A penalty will or may be imposed for early withdrawal.

Fees could reduce the earnings on the account.


** Early Withdrawal Penalty - Accounts will be cancelled if the balance drops below the minimum amount required for the term of the account and an early withdrawal penalty may apply.  Early  withdrawal penalties for account terms of 3 and 6 months is 30 days of interest (whether earned or not); 12 months is 90 days of interest (whether earned or not); 18 and 24 months is 150 days of interest (whether earned or not); 30, 36, and 48 months is 240 days of interest (whether earned or not); and 60 months is 300 days of interest (whether earned or not).

Smart Step Certificates offer an option to increase the interest rate during each term. This option may be used to increase the rate to the current rate in effect for this same type of certificate on the day the request is made in writing. 24 Month Term: one option to increase the interest rate during each 24 month term.

What to Expect

To open an Individual Retirement Account you will need::

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Minimum deposit to open certificate of deposit
  • Learn more

Your deposits are insured by National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.

Quick Answers

  • Will I be able to transfer or roll-over funds from my IRA at another financial institution without a tax penalty
    You may transfer or roll-over funds from any IRA at another financial institution of your qualified employer sponsored retirement plan without a tax penalty.
  • What are the IRA contribution limits for 2016?
    • The maximum contribution you can make to a Traditional or Roth IRA for 2016 is unchanged from 2015. If you are eligible, you can contribute an amount equal to your taxable income, up to $5,500.
    • If you’re age 50 or older by the end of the year, you can contribute an amount equal to your taxable compensation up to $6,000. This is commonly referred to as the “catch-up” provision allowing older workers to contribute a higher amount as they get closer to retirement age.
    Source: http://www.irs.gov

    VISIT IRS
    *You will be linking to another website not owned or operated by GECU. GECU is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by GECU of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from GECU.

    PROCEED

  • Where can I open an IRA at GECU?
    You can open your IRA at the Special Services Department in GECU’s Operations Center at 1225 Airway Blvd, Monday – Friday 9:00 am to 5:00pm, Saturday from 9:00 am to 12 pm.
  • How much do I need to save to reach my retirement goal?

    VISIT GREENPATH
    *You will be linking to another website not owned or operated by GECU. GECU is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by GECU of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from GECU.

    PROCEED

Checking

  Minimum Deposit to Open Account Minimum Average Daily Balance to Earn Dividends Interest Rate Annual Percentage Yield
Standard Checking $20 $2,500 0.10% 0.10%
Senior Privilege Checking $20 $2,500 0.10% 0.10%
Money Market $2,500 $2,500 0.30% 0.30%
    $5,000 0.35% 0.35%
    $10,000 0.45% 0.45%
    $25,000 0.55% 0.55%
    $50,000 0.65% 0.65%
    $100,000 0.75% 0.75%
    $250,000 0.85% 0.85%
    $500,000 1.00% 1.00%
Second Chance Checking  $15  N/A  N/A  N/A

Note: Interest on Checking accounts is compounded and credited monthly on the last business day of your statement cycle. Rates are accurate as of Tuesday, September 12, 2017.

Fees could reduce earnings on the account.

What to Expect

To open an checking account you will need::

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Minimum deposit to open certificate of deposit
  • Learn more

Your deposits are insured by National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.

Quick Answers

Credit Card Apply Now

 

Product Comments APR* for Purchases and Balance Transfers APR* for Cash Advances
Credit Card** GECU Empowerment Credit Card 8.90% - 17.90% 2% above your APR for Purchases, not to exceed 17.90%
  (variable rate) (variable rate)
Credit Card** GECU Rewards Credit Card 11.74% - 17.74% 2% above your APR for Purchases, not to exceed 17.90%
(variable rate) (variable rate)

*Annual Percentage Rate (APR).
No balance transfer fee.
**Credit Cards are revolving accounts. Subject to credit qualification and approval.  Other conditions apply.  The range of the disclosed APRs will vary with the market based on the prime rate and may have changed.  See the variable rate and fees disclosures included in the GECU credit card application at your GECU branch or online at gecu.com.  Membership-eligibility requirements apply.

LOAN TERM SUBJECT TO CREDIT APPROVAL.

All loan offers are subject to membership and credit qualifications. Rates are based on several factors including loan type, amount of loan, repayment terms and credit rating so your rate may differ. Other terms may apply. Various terms available. Loans subject to approval.

What to Expect

To apply for a credit card you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
    • Proof of income upon approval
    • Last 6 paystubs
  • If self-employed, 2 years of tax returns
  • Reference information: name, relationship, address and phone number
  • Amount of credit requested
  • Learn more

Quick Answers

Business Deposits

Business Share

  Minimum Deposit to Open Account Minimum Average Daily Balance to Earn Dividends Dividends Rate Annual Percentage Yield
Business Savings (Share) $20 $100 0.25% 0.25%

Note: Dividends are compounded and credited quarterly on the last business day of March, June, September and December. Dividends are paid from current earnings available after transfers to reserves and only after the Board of Directors of the Credit Union formally declares the dividend rate at the end of the quarter. Fees could reduce earnings on the account. A penalty will or may be imposed for early withdrawal. Annual Percentage Yield (APY*) is accurate as of the last dividend declaration date. Rates may change after the account is opened. Rates are accurate as of Tuesday, September 12, 2017.

Business Checking

  Minimum Deposit to Open Account Minimum Average Daily Balance to Earn Interest Interest Rate Annual Percentage Yield
GECU Fifty Free Business Checking $0 N/A N/A N/A
GECU Business Advantage $0 N/A N/A N/A
GECU Interest Plus $0 $5,000 0.10% 0.10%

Note: Interest on Checking accounts is compounded and credited monthly on the last business day of your statement cycle. Rates are accurate as of Tuesday, September 12, 2017.

Fees could reduce earnings on the account.

Business CD

Product Minimum Deposit & Average Daily Balance Interest Rate Monthly / APY* Annual / Maturity APY*
3 Months $2,500 0.50% N/A 0.50%
6 Months $2,500 0.70% N/A 0.70%
18 Months $1,000 1.40% 1.41% 1.41%
24 Months $1,000 1.40% 1.41% 1.40%
30 Months $1,000 1.65% 1.66% 1.66%
36 Months $1,000 1.65% 1.66% 1.65%
48 Months $1,000 1.65% 1.66% 1.65%
60 Months $1,000 1.85% 1.86% 1.85%
12 Months $100,000 1.20% N/A 1.20%
(Fixed-Rate)
12 Months $50 0.90% 0.90% 0.90%
12 Month Jumbo $50,000 1.00% 1.00% 1.00%
SmartStep (Variable-Rate)
24 Months $2,500 1.25% 1.26% N/A
24 Months Jumbo $50,000 1.35% 1.36% N/A

A penalty will or may be imposed for early withdrawal. Early Withdrawal Penalty - Accounts will be cancelled if the balance drops below the minimum amount required for the term of the account and an early withdrawal penalty may apply.  Early  withdrawal penalties for account terms of 3 and 6 months is 30 days of interest (whether earned or not); 12 months is 90 days of interest (whether earned or not); 18 and 24 months is 150 days of interest (whether earned or not); 30, 36, and 48 months is 240 days of interest (whether earned or not); and 60 months is 300 days of interest (whether earned or not).


*APY - Annual Percentage Yield.

Smart Step Certificates offer an option to increase the interest rate during each term. This option may be used to increase the rate to the current rate in effect for this same type of certificate on the day the request is made in writing. 24 Month Term: one option to increase the interest rate during each 24 month term.

What to Expect

To open a business deposit account you will need::

  • Business tax returns for previous 3 years
  • Personal tax returns for previous 3 years
  • Learn more

Your deposits are insured by National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.

Quick Answers

Auto Loans1 Apply Now

 

Model/Year Annual Percentage Rate (APR) Approximate Term (Months)
2018 - 2017 3.08% - 16.00% 0 - 48
2018 - 2017 3.08% - 16.25% 49 - 60
2018 - 2017 3.08% - 16.50% 61 - 66
2018 - 2017 3.25% - 17.00% 67 - 72*
2018 - 2017 3.50% - 12.50% 73 - 78**
2018 - 2017 3.75% - 12.75% 79 - 84***
2016 3.08% - 16.50% 66
2016 3.25% - 17.00% 72*
2016 3.50% - 12.50% 73 - 78**
2016 3.75% - 12.75% 79 - 84***
2015 3.50% - 17.90% 66
2015 3.75% - 17.90% 72*
2015 4.00% - 13.25% 73 - 78**
2014 3.75% - 17.90% 66
2014 4.00% - 17.90% 72*
2013 4.00% - 17.90% 66
2013 4.25% - 17.90% 72*
2012 4.50% - 17.90% 66
2011 & older 4.75% - 17.90% 60

*Minimum of $15,000 MSRP2 required for term of 67-72 months.

**Minimum of $25,000 MSRP2 required for term of 73-78 months.

***Minimum of $30,000 MSRP2 required for term of 79-84 months.


2 MSRP - Manufacturer's suggested retail price
Terms of Repayment Example:
1 48 monthly payments of $23.26 per $1,000 borrowed at 5.50%

LOAN TERM SUBJECT TO CREDIT APPROVAL.

All loan offers are subject to membership and credit qualifications. Rates are based on several factors including loan type, amount of loan, repayment terms and credit rating so your rate may differ. Other terms may apply. Various terms available. Loans subject to approval.
 

What to Expect

To apply for an auto loan you will need:

  • Current valid ID (state issued driver's license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
  • Proof of income upon approval
    • Last 6 paystubs
    • If self-employed, 2 years of tax returns
  • Reference information: name, relationship, address and phone number
  • Amount of loan requested
  • Learn more

Quick Answers

  • Is it necessary to be a member to apply for a GECU loan?*
    You may apply for a GECU loan if you are a member and at least 18 rel="noopener noreferrer" years of age.
    Apply 

    *Subject to approval. Other conditions may apply.

  • What types of loans does GECU offer?
    We offer a variety of loans* with flexible terms and low competitive rates, including buying a home, purchasing a car or taking that once-in-a-lifetime family vacation. We can even help you refinance** rel="noopener noreferrer" or improve the home rel="noopener noreferrer" you already own.* Apply 

    * Subject to approval. Other conditions may apply. **Limitations and other conditions apply to existing GECU mortgage loans.

  • Does GECU offer credit cards?
    GECU's Platinum MasterCard® and Family MasterCard® is one of the best and most affordable credit cards around.* For a credit card with lower competitive rates, a 25-day grace period on purchases rel="noopener noreferrer" and no annual fee, GECU’s rel="noopener noreferrer" MasterCard® rel="noopener noreferrer" is the one for you. Apply 

    *Subject to approval. Other conditions may apply.

  • What will I need to apply for a GECU loan?*
    To apply for all GECU personal loans you’ll need the following information:
    • Current valid ID
    • Current Address
    • Current Employer, address and employment verification
      • If less than 5 years with current employer, provide information for last 5 years
    • Proof of income upon approval
    • If self-employed, 2 years of tax returns
    • References
      • Name of relative not living with you
      • Relationship
      • Address
      • Phone Number

      *Loans subject to approval. Other conditions may apply.

RV, Boat, Motorcycle Apply Now

 

Product Comments APR* Approximate Term (Months)
Motor Home2
Travel Trailer 5th Wheel
New and Used
*MSRP of $20,000 up to 72 months;
**MSRP of $35,000 up to 84 months for 2007 and 2008 vehicles
***Subject to year model and value
7.25% - 16.50% 1 - 66
7.75% - 17.00% 67 - 72 *
8.25% - 17.50% ** 73 - 84 **
8.75% - 17.90% 85 - 120 ***
Camper3
Pop-Up Trailer
Boat, Motor and Boat Trailer
New and Used 9.25% - 17.50% 1 - 23
9.75% - 17.90% 24 - 47
10.25% - 17.90% 48 - 60
Motorcycle2 Titled
New and Used
*MSRP greater than or equal to $18,000 up to 72 months; **MSRP greater than or equal to $35,000 up to 84 months
7.25% - 16.50% 1 - 66
7.75% - 17.00% 67 - 72 *
8.25% - 17.50% ** 73 - 84 ***
8.75% - 17.90% 85 - 120 ****

*Annual Percentage Rate
248 monthly payments of $24.33 per $1,000 borrowed at 7.80%
348 monthly payments of $25.76 per $1,000 borrowed at 10.80%
MSRP - Manufacturer's suggested retail price

LOAN TERM SUBJECT TO CREDIT APPROVAL. All loan offers are subject to membership and credit qualifications. Rates are based on several factors including loan type, amount of loan, repayment terms and credit rating so your rate may differ. Other terms may apply. Various terms available. Loans subject to approval.

What to Expect

To apply for a recreational vehicle loan you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
  • Proof of income upon approval
    • Last 6 paystubs
    • If self-employed, 2 years of tax returns
  • Reference information: name, relationship, address and phone number
  • Amount of loan requested
  • Learn more

Quick Answers

  • Is it necessary to be a member to apply for a GECU loan?*
    You may apply for a GECU loan if you are a member and at least 18 years of age.
    Apply

    *Subject to approval. Other conditions may apply.

  • What types of loans does GECU offer?
    We offer a variety of loans* with flexible terms and low competitive rates, including buying a home, purchasing a car or taking that once-in-a-lifetime family vacation. We can even help you refinance** or improve the home you already own.* Apply

    * Subject to approval. Other conditions may apply. **Does not apply to existing GECU mortgage loans.

  • Does GECU offer credit cards?
    GECU's Platinum MasterCard® and Family MasterCard® is one of the best and most affordable credit cards around.* For a credit card with lower competitive rates, a 25-day grace period on purchases and no annual fee, GECU’s MasterCard is the one for you. Apply 

    *Subject to approval. Other conditions may apply.

  • What will I need to apply for a GECU loan?*
    To apply for all GECU personal loans you’ll need the following information:
    • Current valid ID
    • Current Address
    • Current Employer, address and employment verification
      • If less than 5 years with current employer, provide information for last 5 years
    • Proof of income upon approval
    • If self-employed, 2 years of tax returns
    • References
      • Name of relative not living with you
      • Relationship
      • Address
      • Phone Number
    • *Loans subject to approval. Other conditions may apply.

Personal Loan Apply Now

 

Product Comments APR* Approximate Term (Months)
Fully Secured By Shares Variable Up to 120 (monthly pay)
Fully Secured By CD Variable Up to 120 (monthly pay)
Personal Signature** Personal Loan 10.15% - 17.90% 1 - 24
    11.15% - 17.90% 25 - 60
Personal Signature** Partially Secured 10.15% - 17.90% 1 - 24
  11.15% - 17.90% 25 - 60
Household Good*** Purchase and Payoff Only 9.25% - 17.50% 1 - 23
    9.75% - 17.90% 24 - 47
    10.25% - 17.90% 48 - 60
GECU Fast CashTM**** 27.90% 6

*Annual Percentage Rate

Terms of Repayment Example:
**48 monthly payments of $25.93 per $1,000 borrowed at 11.15%. The maximum personal loan APR is 17.90%. No additional fees. Payment calculation does not include optional products such as payment protection. Personal loans not offered for terms less than 60 days.

***48 monthly payments of $25.75 per $1,000 borrowed at 10.80%. The maximum personal loan APR is 17.90%. No additional fees. Payment calculation does not include optional products such as payment protection. Personal loans not offered for terms less than 60 days.

****Timely payments over the six-month term may be used to help build your credit score. For a $1,000 loan for a term of six months with a 27.9% APR, the monthly payment will be $180.48. The maximum APR is 27.9%. No additional fees. Payment calculation does not include optional products such as payment protection. Fast Cash loans not offered for terms less than 60 days. Other conditions apply. This institution is an equal opportunity provider.

LOAN TERM SUBJECT TO CREDIT APPROVAL.

All loan offers are subject to membership and credit qualifications. Rates are based on several factors including loan type, amount of loan, repayment terms and credit rating so your rate may differ. Other terms may apply. Various terms available. Loans subject to approval.

What to Expect

To apply for a personal loan you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
  • Proof of income upon approval
    • Last 6 paystubs
    • If self-employed, 2 years of tax returns
  • Reference information: name, relationship, address and phone number
  • Amount of credit requested
  • Learn more

Quick Answers

  • Is it necessary to be a member to apply for a GECU loan?*
    You may apply for a GECU loan if you are a member and at least 18 years of age.
    Apply

    *Subject to approval. Other conditions may apply.

  • What types of loans does GECU offer?
    We offer a variety of loans* with flexible terms and low competitive rates, including buying a home, purchasing a car or taking that once-in-a-lifetime family vacation. We can even help you refinance** or improve the home you already own.* Apply (link to loan applications)

    * Subject to approval. Other conditions may apply. **Does not apply to existing GECU mortgage loans.

  • Does GECU offer credit cards?
    GECU's Platinum MasterCard® and Family MasterCard® is one of the best and most affordable credit cards around.* For a credit card with lower competitive rates, a 25-day grace period on purchases and no annual fee, GECU’s MasterCard is the one for you. Apply (link to application)

    *Subject to approval. Other conditions may apply.

  • What will I need to apply for a GECU loan?*
    To apply for all GECU personal loans you’ll need the following information:
    • Current valid ID
    • Current Address
    • Current Employer, address and employment verification
      • If less than 5 years with current employer, provide information for last 5 years
    • Proof of income upon approval
    • If self-employed, 2 years of tax returns
    • References
      • Name of relative not living with you
      • Relationship
      • Address
      • Phone Number

      *Loans subject to approval. Other conditions may apply.

Home Purchase Apply Now

 

Product Description Points Origination Fee Interest Rate Annual Percentage Rate Payment per $1,000 Payments Closing Costs
15 yr Conv - GECU (Purchase)

15 yr Conv - GECU

0.000 1.000% 3.250% 3.778% $7.03 Show Payments and Rates $3,062.17
20 yr Conv - GECU (Purchase)

20 yr Conv - GECU

0.000 1.000% 3.625% 4.039% $5.86 Show Payments and Rates $3,062.17
30 yr Conv - GECU (Purchase)

30 yr Conv - GECU

0.000 1.000% 4.000% 4.303% $4.77 Show Payments and Rates $3,062.17

The actual Annual Percentage Rate (APR) shown in the "Current Rates" section are approximated. The actual APR may differ according to the loan amount, property, and borrower characteristics.


Rates and terms are based on an evaluation of each member’s credit history, occupancy, and loan amount so your rate may differ. The above payment examples do not include Taxes and Insurance, therefore actual payment obligation may be greater.

What to Expect

To apply for a Conventional/FHA mortgage purchase loan you will need...

  • Complete month of pay stubs and/or source of income documents
    • Example: Social Security, pension and/or other benefit award letters
  • Complete tax returns for the last two years (current year extension if applicable)
    • Include W-2 forms
  • Current form of identification
    • Example: State issued driver’s license or ID card, resident alien card, military ID
  • Copy of Social Security card
  • Bank statements, most recent statements covering a 2-month period
  • Verification of vested interest in retirement funds
  • Signed copy of Earnest Money Contract/receipt for earnest money deposit and confirmation that check has cleared
  • VA Purchase Only: Form DD214 (Member Copy 4) or continuous Active Duty Statement on official military letterhead by your Commanding Officer
  • Learn more

Quick Answers

Home Refinance Apply Now

 

Product Description Points Origination Fee Interest Rate Annual Percentage Rate Payment per $1,000 Payments Closing Costs
15 yr Conv - GECU (Refinance)

15 yr Conv - GECU

0.000 1.000% 3.250% 3.778% $7.03 Show Payments and Rates $3,062.17
20 yr Conv - GECU (Refinance)

20 yr Conv - GECU

0.000 1.000% 3.625% 4.039% $5.86 Show Payments and Rates $3,062.17
30 yr Conv - GECU (Refinance)

30 yr Conv - GECU

0.000 1.000% 4.000% 4.303% $4.77 Show Payments and Rates $3,062.17

The actual Annual Percentage Rate (APR) shown in the "Current Rates" section are approximated. The actual APR may differ according to the loan amount, property, and borrower characteristics.

Rates and terms are based on an evaluation of each member’s credit history, occupancy, and loan amount so your rate may differ. The above payment examples do not include Taxes and Insurance, therefore actual payment obligation may be greater.

What to Expect

To apply for a home refinance loan you will need...

  • Complete month of pay stubs and/or source of income documents
    • Example: Social Security, pension and/or other benefit award letters
  • Complete tax returns for the last two years (current year extension if applicable)
    • Include W-2 forms
  • Current form of identification
    • Example: State issued driver’s license or ID card, resident alien card, military ID
  • Copy of Social Security card
  • Bank statements, most recent statements covering a 2-month period
  • Verification of vested interest in retirement funds
  • Existing Homeowners Insurance
  • Existing Mortgage Balance and/or Statement
  • Survey (if applicable)

Additional documents may be requested if applicable

  • Proof of child support for past 12 months, if such income is provided by applicant
  • Divorce decree(s)
  • Learn more

Quick Answers

Home Equity Apply Now

 

Product Comments Interest Rate APR* Approximate Term
Home Equity First Lien Loans 4.250% - 9.250% 5.743% - 10.816% Up to 60 months
    4.750% - 9.625% 5.539% - 10.491% 61 to 120 months
    5.000% - 9.625% 5.555% - 10.261% 121 to 180 months
    5.375% - 9.750% 5.818% - 10.278% 181 to 240 months
    6.000% - 10.375% 6.342% - 10.821% 241 to 360 months**
 
 
  Second Lien Loans 5.375% - 10.875% 6.884% - 12.466% Up to 60 months
    5.500% - 11.000% 6.300% - 11.890% 61 to 120 months
    5.625% - 11.125% 6.190% - 11.790% 121 to 180 months
    6.125% - 11.625% 6.582% - 12.196% 181 to 240 months

*Annual Percentage Rate


**Terms between 241-360 are for First Lien Primary Residence Home Equity Loans only.
Payment Example: 360 monthly payments of $7.43 per $1,000 borrowed at 8.125%.
Rates and terms are based on an evaluation of each member's credit history, occupancy, and loan amount so your rate may differ. The above payment example does not include Taxes and Insurance, therefore actual payment obligation may be greater. Second Lien loans do not require taxes and insurance.

What to Expect

To apply for a home equity loan you will need...

  • Complete month of pay stubs and/or source of income documents
    • Example: Social Security, pension and/or other benefit award letters
  • Complete tax returns for the last two years (current year extension if applicable)
    • Include W-2 forms
  • Current form of identification
    • Example: State issued driver’s license or ID card, resident alien card, military ID
  • Copy of Social Security card
  • Bank statements, most recent statements covering a 2-month period
  • Verification of vested interest in retirement funds
  • Existing Homeowners Insurance
  • Existing Mortgage Balance and/or Statement
  • Survey (if applicable)

Additional documents may be requested if applicable

  • Proof of child support for past 12 months, if such income is provided by applicant
  • Divorce decree(s)
  • Learn more

Quick Answers

Home Improvement (less than or equal to $18,000) Apply Now

 

Product Comments APR* Approximate Term (Months)
Home Improvement**
 
Less than or equal to $18,000 10.15% - 17.90% Up to 24 ***
  11.15% - 17.90% 25 to 60 ****
       
Can be for small home improvements for qualified borrowers. Primary Residence Only.
11.65% - 17.90% 61 to 84 *****
12.15% - 17.90% 85 to 96 ******

Rates and terms are based on an evaluation of each member's credit history, occupancy, and loan amount so your rate may differ. The above payment example does not include Taxes and Insurance, therefore actual payment obligation may be greater. Second Lien loans do not require taxes and insurance.
*Annual Percentage Rate
**48 monthly payments of $26.05 per $1,000 borrowed at 11.40%
***Loan balance up to $2,500
****Loan balance up to $5,000
*****Loan balance up to $10,000
******Loan balance up to $18,000

What to Expect

To apply for an home improvement loan less than or equal to $18,000 you will need:

  • Current valid ID (state issued driver's license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
  • Proof of income upon approval
    • Last 6 paystubs
    • If self-employed, 2 years of tax returns
  • Reference information: name, relationship, address and phone number
  • Loan must be for your primary residence
  • Provide description and written estimate of improvements
  • Learn more

Quick Answers

Line of Credit Apply Now

 

Product Comments APR*
Line of Credit** Checking Ready Credit 16%

*Annual Percentage Rate
**Line of Credits are revolving accounts

LOAN TERM SUBJECT TO CREDIT APPROVAL.

All loan offers are subject to membership and credit qualifications. Rates are based on several factors including loan type, amount of loan, repayment terms and credit rating so your rate may differ. Other terms may apply. Various terms available. Loans subject to approval.

What to Expect

To apply for a line of credit you will need:

  • Current valid ID (state issued driver’s license or ID card, resident alien card, military ID)
  • Current Address
  • Current Employer, address and employment verification for last 5 years
  • Proof of income upon approval
  • Reference information: name, relationship, address and phone number
  • Amount of credit requested
  • Learn more

Quick Answers

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