We Make Financing Easy and Personal
Whether you have an urgent need, a big project, or are treating yourself to something special, your local credit union can make it possible. TEGFCU has a way to help lend a hand with various expenses with a loan that fits. When you take out a Personal Loan, you’ll receive your money in one lump sum and enjoy the convenience of a fixed monthly payment at a low rate. Personal Loans are also unsecured, requiring no collateral upfront.
TEGFCU Personal Loan Features & Benefits:
- Competitive Rates
- Loan amounts $500 – $30,000+
- Flexible Terms – Up to 60 Months
- No application or hidden fees
- No prepayment penalties
- No collateral required
- Fast approval process
APR
Personal Loans Offer Flexibility
Get the money you need when you need it!
Many Personal Loans are small loans that can help you finance many purchases or expenses, allowing you a degree of financial flexibility. A Personal Loan can be a great option for:
How much can you borrow?
TEGFCU is one of the few local lenders that offers loans over $30,000. However, the exact amount borrowers can qualify for depends on overall creditworthiness. Apply today or speak to a loan officer to learn more.
| Term | Amount | APR as low as |
|---|---|---|
| Up To 48 Months | Up to $30,000 | 9.99% |
| 49 to 60 Months | Up to $30,000 | 10.74% |
| Up to 48 Months | Above $30,000 | 11.24% |
| 49 to 60 Months | Above $30,000 | 11.74% |
Rates effective as of 12/20/2024. APR = Annual Percentage Rate. Advertised rate is lowest offered and includes a .25% rate discount for automatic payments for the life of the loan. APR is based on creditworthiness, loan amount and term. Your rate and term may vary. Terms from 3 to 60 months. Borrowers may request shorter terms. An additional .50% will be added to APR for each $5000 incremental increase for $35,000 and over, up to the credit union maximum of 18% APR. Rates are subject to change. All loans are subject to approval. For example, a 48-month loan with a 9.99% APR fixed rate loan for $1,000.00 would result in 48 monthly payments of $25.20.
Personal Loan Calculator
Use this calculator to estimate your monthly payment and total cost for a personal loan. Enter the loan amount, interest rate, and repayment term to see how much your monthly payments will be and how much interest you’ll pay over the life of the loan.
3-Step Online Application
Get a 0.25% Interest Rate Discount
In addition to a great rate, save even more on your Unsecured Personal Loan and Vehicle Loan when you set up automatic payments. Get a 0.25% interest rate discount on your loan when your loan payment is routinely deducted from your checking or savings account.*
Explore Loan Resources
Thank you to Jamie and Ajee for having patience in helping me with my first car loan! Everything went smooth and I learned a lot along the way.
Join TEGFCU
At TEGFCU, your best interests have always been our focus. As a better alternative to banks, our mission is simple, to help you get to a better place financially.
Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY. A $5 minimum deposit opens the door to all the benefits of being a valued TEGFCU member.
When we come together, everyone grows.
Explore Our Products
Debt Consolidation Loan
Take back your time and money with this low-cost debt alternative that combines your monthly payments into one convenient bill.
Personal Line of Credit
Gain access to a cash line you can draw from whenever you want, taking only what you need and repaying as you go.
