Loan & MasterCard Rates
At Greensboro Municipal our goal is to help as many members as possible with their loan needs. Our rates are based on credit factors including your current credit report and credit history. Members with good credit histories will receive a good rate, some of the best available.
MEMBER LOAN RATES (Rates subject to change)
| Loan Type |
Loan Term |
APR* |
New & Used Cars, Trucks, Vans & Motorcycles
(up to 100% financing) |
up to 36 months |
as low as 2.50% |
New & Used Cars, Trucks, Vans & Motorcycles
(up to 100% financing) |
37 to 48 months |
as low as 2.75% |
New & Used Cars, Trucks, Vans & Motorcycles
(up to 100% financing) |
49 to 60 months |
as low as 3.00% |
New & Used Cars, Trucks, Vans & Motorcycles
(up to 100% financing) |
61 to 72 months |
as low as 3.25% |
New & Used Cars, Trucks, Vans & Motorcycles
(up to 100% financing) |
73 to 84 months |
as low as 4.00% |
| Loan Type |
Loan Term |
APR* |
New & Used Boats and RVs
(up to 100% financing) |
up to 48 months |
as low as 6.25% |
New & Used Boats and RVs
(>$10,000) |
49 to 72 months |
as low as 6.75% |
New & Used Boats and RVs
(>$20,000) |
73 to 120 months |
as low as 7.25% |
Home Equity Line of Credit
(up to 100% Equity Loans Available)
Variable Rate (Floor of 4.00%) |
4.00% |
| Share/Certificate Secured - up to 72 months |
4.00%
|
| Single Payment Share/Certificate up to 12-months |
4.00%
|
| MasterCard |
11.90%
|
| MasterCard Rate with GMFCU Club Checking |
10.90%
|
| Line of Credit/Overdraft/Personal Loans |
as low as 9.75%
|
*APR - Annual Percentage Rate
**All rates subject to change. All rates are adjustable unless otherwise noted and may change at the discretion of the Board of Directors. Rates are based on your credit history and current credit report. Loan term may be based on the amount financed, age of collateral and your credit. All loans are subject to credit approval.
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