Loan Accounts

Grand Trunk (BC) Employees Federal Credit Union offers a loan that will fit your needs and/or wants! Because our main goal is to take care of all of your financial needs, we will do everything we can to get you the best deal! Our full list of current rates can be found on the Loan Rates page. Check out our list of loan options below, then stop in or call today to apply!

New/Used Autos

Grand Trunk (BC)EFCU works hard to ensure you are getting the best deal when it comes to purchasing a new vehicle.

  • Comparative shopping is a must! We can beat most deals!
    • Have your dealer fax your sales agreement to (269) 965-6558 to see how we can make your deal better!
    • Call LJ or Lindsey (269) 965-6558 or (800) 524-2402 to get started on your application today!
  • We  will calculate what your payments will look like, including with our Credit Disability and/or Credit Life Insurance options.
  • Credit Disability and Credit Life Insurance are great options for helping your payments get made if you are sick or injured and under doctors care for 14 days retro back to the last day worked!

Signature Loan

We offer signature loans to qualifying members. Fill out an application to see if you qualify for a signature loan. If approved you may have up to $7500.00 available to borrow. Payments and interest rates vary with the length of the loan.

Shares Tied

If you wish to tie your shares to a loan you can borrow up to your share balance. Interest is at the PRIME rate with no margin. Your shares will be tied (not available for your use) until your loan is paid in full. However your SHARES are still in your account drawing dividends!

Revolving Credit

When you qualify for our Revolving Credit loan you can have funds available (after approval and set up) for:

  • Family vacation
  • Weddings
  • Unexpected home/auto repairs
  • Fun fishing trips
  • Anything you want! (within your credit limit!)
  • 14% APR

Give us a call (269) 965-1381 to get started on the application process!


Line-of-Credit (Overdraft Protection)

We offer a line of credit to qualifying members to protect your Sharedraft account. Fill out an application to see if you qualify! After approval you’ll have $500.00 available for those little emergencies. Minimum monthly payments $25.00. APR 15%


YOUR credit union offers a Visa Platinum Credit Card great for international travel, hotel and car rentals, online shopping, emergency back-up, and more!

  • No annual fees
  • 30 day grace period on all purchases
  • 13.9% APR

Stop into the credit union to fill out an application today! Applications available in the lobby.


Looking for a house? WE (your Credit Union) can help…because we have a mortgage company that believes in you and will treat you like a “credit union” person. You know, that special way only a credit union can do!!

Member First Mortgage

  • They pay interest on escrow!
  • They service the loan for life – -guaranteed!
  • Other mortgage companies can sell your loan up to 40 different mortgage companies, that’s not member service!
  • They offer construction/permanent loans , with only one closing!
  • Funded by your credit union for up to 15 years.

Mortgage for:

  • Home purchases
  • New construction (modular too!)
  • Refinancing

PLEASE call Member First Mortgage or visit their website—-really cool!!

Toll free =1-866-898-1818
Fax =616-538-5415

Remember….MEMBER FIRST MORTGAGE…a real Credit Union Mortgage company.

Home Equity

Our home equity loans are set up as a Home Equity Line of Credit loan – you can continue to add funds onto the loan as it pays down — for up to 5 years (this is called a 5-year draw). At the end of the 5 years it changes to a closed-end loan with a 10 year payback.

We can use up to 80% of the value of your home less any existing mortgage balance.

Our home equity loans are figured at the Prime Interest Rate with no margin, and variable interest rate (the ceiling is 15% and the floor is 6%) adjusted quarterly.(January, April, July and October).

Give us a call and we can mail you a home equity package or stop in and pick one up. We can only do Michigan home equities..

Give us a call with any questions that you may have regarding any of our loans.

Mobile Homes

To purchase a mobile home the Credit Union will need a sales agreement from a Dealer or if from an individual we may request a visual inspection and copy of the title.

A down payment of 10% for new or newer mobile homes (up to 6 years old) (20% for used mobile homes over 6 years old may be required). We will also need “PARK” approval for occupancy before loan can be disbursed. Sorry it can not be used on private property.

If you have found your perfect home Call your loan department at 965-1381 today.