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Personal Loans and Personal Lines of Credit

Gesa offers Personal Loans and Personal Lines of Credit for a variety of purposes. A Personal Loan is an unsecured signature loan and can be useful when you need a set amount of funds for a specific purpose. A Personal Line of Credit offers flexibility, allowing you to draw/repay funds up to a defined limit, giving you assurance that temporary cash flow problems won’t hinder your long-term goals.

Personal Loan and Personal Line of Credit Rates

Loan Type	APR^* (as low as)	Financing (up to)	Max. Term (months)

Personal Loan	10.75%	$15,000.00	24
Personal Loan	11.25%	$15,000.00	36
Personal Loan	11.75%	$15,000.00	48
Personal Loan	12.25%	$15,000.00	60
Personal Line of Credit	9.00%	$15,000.00	Open End

^* APR = Annual Percentage Rate. Rates, terms, and fees are subject to change.

Notes and Fees

Personal Loan rates includes a .25% discount for automatic transfer from a checking or savings account.

Personal Line of Credit required fees include an annual fee of $35. Possible fees include an overdraft protection fee of $25 per transfer. Minimum payment is $50. Contact Gesa for full program details.

Payment Examples:

Personal Loan
Fixed rate; terms to 24 months. $46.49 a month based on a 2 year, $1,000 loan at 10.75% APR.
Fixed rate; terms to 36 months. $32.86 a month based on a 3 year, $1,000 loan at 11.25% APR.
Fixed rate; terms to 48 months. $26.21 a month based on a 4 year, $1,000 loan at 11.75% APR.
Fixed rate; terms to 60 months. $22.37 a month based on a 5 year, $1,000 loan at 12.25% APR.

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Citizenship Loans

Credit unions were established on the premise of “People Helping People.” It is in that vein that Gesa offers Citizenship Loans. Many people are moving into the States, establishing residences, starting families, finding work and wanting to become American Citizens, but can’t afford the fees associated with this transition.

Borrow up to $1,000
Terms up to 12 months

Requirements:

Credit union membership
Applicant must live within 100 miles of a Gesa Credit Union Member Service Center
Must have a valid “Work Purpose Only” social security card

Collateral is not required and no credit is needed to receive financing. You can even build credit! Once the loan is opened, a $680 check will be made payable to the Department of Homeland Security to cover the citizenship application fee.

When applying online: Select personal loan as the product and citizenship loan as the loan purpose. You can also apply at any local Member Service Center, by phone, or mail.

Citizenship Loan Rates

APR^*	Loan Amount	Max. Term (months)

15.00%	$1,000.00	12

^* APR = Annual Percentage Rate. Rates, terms, and fees are subject to change.

Notes and Fees

Payment Examples:

Fixed rate; terms to 12 months. $90.26 a month based on a 12 month, $1,000 loan at 15.00% APR.

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Debt Consolidation

If you're spending more time paying bills than enjoying life, it's time to consider a debt consolidation loan. Along with the peace of mind of one low monthly payment, you may also benefit from:

Convenient automatic payments
Tax benefits¹
Extra cash for summer vacations

Gesa offers a variety of loans to consolidate your debt.

Home Equity Fixed

No appraisal fee on Fixed Home Equity Loans of $50,000 or more
Low rates
Borrow up to 90% of your home's appraised value
One time loan advance

Home Equity Line of Credit

Low rates
Borrow up to 90% of your home's appraised value
No credit report fee
No loan origination fee

Refinance Your Vehicle or Loan on Your Own Title

Use the equity in your car
Quick loan processing
Competitive rates

Notes and Fees

¹Not all loans qualify. Be sure to consult your tax professional for details.

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FastCash

Sometimes you need to borrow funds unexpectedly, which is why Gesa offers a non-traditional FastCash Plus loan option. The application and approval process is quick and easy, usually taking less than a minute! And once approved, funds are immediately available for use in your Gesa checking account.

FastCash Plus

Loan Amounts from $500.00 - $4,000.00
Repayment term is based on the amount borrowed, up to 36 months
12 months of Gesa membership required

Apply today by logging into Xpress Online!

FastCash Plus Rates

Loan	Fixed APR^*	Maximum Amount	Term	Details

FastCash Plus	36.00%	$4,000.00	Varies	No credit check

^* APR = Annual Percentage Rate. Rates, terms, and fees are subject to change.

FastCash Plus Repayment Schedule

Loan Amount	Term	Payment
$500 - $700	6 months	$90 - $130
$701 - $999	9 months	$90 - $130
$1,000 - $1,500	12 months	$100 - $150
$1,501 - $2,000	15 months	$125 - $167
$2,001 - $2,500	18 months	$145 - $182
$2,501 - $3,000	24 months	$148 - $178
$3,001 - $4,000	36 months	$138 - $185

Share or Certificate Secured Loans

Share or Certificate Secured Loans give you the convenience of borrowing at a low rate, without even having your credit evaluated. Loans are secured by your share savings or certificate share account, and not based on your credit score.

Rates are set at a low fixed amount above the current share rate or your certificate rate
Borrow up to 100% of your account/certificate balance and pay the loan off at any time
Protect your assets with loan protection products

Share-Secured Loan Rates

Loan Type	APY^*	Max. Term (months)

Certificate Accounts	3.00% over applicable account rate	12
Regular Share	Share rate plus 3.00%	36
Regular Share	Share rate plus 4.00%	37 – 60

^* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change.

Notes and Fees

Minimum Payment amount of $50.

Payment Examples:

Regular Share
Fixed rate; terms to 36 months. $29.08 a month based on a 3 year, $1,000 loan at 3.00% APR.
Fixed rate; terms to 60 months. $18.42 a month based on a 5 year, $1,000 loan at 4.00% APR.

Certificate
Fixed rate; terms to 12 months. $84.69 a month based on a 1 year, $1,000 loan at 3.00% APR

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