Skip to content

Personal Loans

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
Personal Loan
Personal Loan 48-Month Fixed
as low as
10.49
%
APR

Debt consolidation – Lower your interest rates, streamline your payments, and make progress in paying off your debt.

Home renovations – From a new pool to a kitchen upgrade, transform your home with home improvements.

Major Purchases – Big-ticket items or life events, like weddings and moving costs and more.

Travel and Vacations – Need a vacation or planning a trip of a lifetime? We can help get you there.

Unexpected expenses – Life doesn’t always go as planned. Make managing car repairs or medical expenses easier.

Seasonal Bills – Surprised with a higher tax bill? Worried about school-related expenses? Gift buying adding up? We can help.


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

It only takes a few minutes to complete our online application.

We’ll review your information to determine your eligibility and loan terms.

Receive your money quickly as a bank-issued check or ACH deposit.

Explore Loan Resources

Closing costs typically are about 3-5% of your new home’s purchase price. This amount may vary, however, based on your home’s location, cost and other factors.  Lenders are required to provide a Loan Estimate, which includes information about closing costs, within three days after you apply for a loan. Remember—this is just an estimate. Welcome… Read More »Introducing our new look and refreshed website
Closing costs typically are about 3-5% of your new home’s purchase price. This amount may vary, however, based on your home’s location, cost and other factors.  Lenders are required to provide a Loan Estimate, which includes information about closing costs, within three days after you apply for a loan. Remember—this is just an estimate. Just… Read More »Estimating Your Closing Costs
An individual signing an auto loan application.
If you’re in the market for a new set of wheels, you’ll likely need to get an auto loan. This loan will significantly impact your monthly budget for at least a few years, so it’s important to make an informed decision when it comes to choosing your auto loan. Here’s how to select an auto… Read More »How To Set Yourself Up For Auto Loan Success
quote mark

Awesome customer service! Very accommodating and friendly. Obtaining the car loan through TEG was easy. I plan to use their services for my next car loan and possibly a mortgage loan in the near future.

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.

Explore Our Products

Take back your time and money with this low-cost debt alternative that combines your monthly payments into one convenient bill.

Gain access to a cash line you can draw from whenever you want, taking only what you need and repaying as you go.

*Rates effective as of 4/1/2024. APR = Annual Percentage Rate. Advertised rate is “as low as” and includes a .25% rate discount for automatic payments for automatic payments for the life of the loan. Rate is based on credit rating, loan amount, and the term. Your rate 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 subject to change. All loans are subject to approval. For example, a 5-year term, 10.49% APR fixed rate loan for $10,000 would result in 60 monthly payments of $214.93.

**Personal Loan 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.

You are now leaving TEG Federal Credit Union

Modal called incorrectly.