Loans



KGC Federal Credit Union offers members loan specials throughout the year. Members may borrow up to $1,000 for 12 months at just 8.5% APR as part of these loan specials:

Tax Special: March – April
Vacation Special: June and July

Back-to-School Special: August and September
Christmas Special: November and December

See our Current Loan Rates below for rate and disclosure information on these services.

Our loan programs include:

  • New Vehicle/Motorcycle Loans
  • Used Vehicle/Motorcycle Loans
  • Signature Loans
  • Share Secured Loans
  • Recreational Vehicle Loans
  • ATV/Snowmobile Loans
  • Boat
  • Visa Credit Cards

 

To apply for a loan, simply stop in the office for an application.  You may also call or email a request for an application to be mailed to you.  Automatic payment is available with any of our loan services.

 

New & Used Vehicles, Motorcycles, and Recreation Vehicles (campers, boats, ATVs)

DescriptionTermAPR*
New untitled / less than 20,000 milesup to 84 months**as low as 2.25%
up to 60 monthsas low as 2.00%
up to 48 monthsas low as 1.75%
up to 36 monthsas low as 1.75%
Used 2015 -2017up to 72 monthsas low as 3.25%
up to 60 monthsas low as 2.25%
up to 48 monthsas low as 1.75%
Used 2009 - 2014up to 60 monthsas low as 5.25%
up to 48 monthsas low as 4.75%
up to 36 monthsas low as 4.50%

Recreational Vehicles: New up to 60 mo. as low as 2.49%, up to 84 mo. as low as 2.75%. Used-up to 60 mo. as low as 3.49%. up to 84 mo. as low as 3.75%
**Must borrow over $30,000.00 to qualify for 84 month term. Members with Risk Score of 700 or above may qualify to borrow up to $55,000.00 on a New Vehicle Secured Loan.
We finance only 80% of the sticker or retail value for those members whose Risk Score is 599 and below.We finance up to 100% of the sticker price  on new vehicles and up to 100% of the  NADA Average Retail Value on used vehicles.

 


 

Share Secured Loans

TypeTermAPRMonthly payment per $1,000 borrowed
100% secured60 months4.00% APR$18.42
50%60 months8.00%$20.28

 


 

Signature (Personal) Loans

All rates and terms are determined by your Fair Issac Risk Score and Debt Ratio

TermAPR
up to 60 monthsas low as 8.50%
up to 48 monthsas low as 8.00%
up to 36 monthsas low as 7.50%
up to 24 monthsas low as 7.25%
up to 12 monthsas low as 7.00%

*APR = Annual Percentage Rate