All of our branches will be CLOSED Monday, January 18th in observance of Martin Luther King Jr. Day. We will reopen during normal business hours on Tuesday, January 19th. As always, you will be able to access your accounts via Online, Mobile or Telephone Banking and at any of our nearly 85,000 fee-free ATMs.
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Please note: Our Bill Pay Service has been restored for iOS mobile app users with version 14.03. Please update our Greater Alliance FCU iOS app in the app store. If you have any questions, please call 201-599-5500. We apologize for the inconvenience.

Home Equity Rates

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  • Home Equity Rates
Product APR Maximum Loan Type Terms (Months)
Home Equity Fixed 5 year term 3.99% $250,000.00 Fixed 60
Home Equity Fixed 10 year term 4.24% $250,000.00 Fixed 120
Home Equity Fixed 15 year term 4.49% $250,000.00 Fixed 180
Home Equity Fixed 20 year term 4.99% $250,000.00 Fixed 240
Home Equity Line 2.99%* $250,000.00 Variable 240
*APR –  2.99% Annual Percentage Rate.  The prime rate is based on the highest prime rate published in the Wall Street Journal. On July 31, 2020 prime rate was 3.25%. The current APR for a Home Equity Line of Credit using the prime rate minus 0.26% margin is 2.99%. The APR will never exceed 9.99%. If applicable, your payments will change on the first day of the month. At no time during the life of your loan will your interest rate go below 2.99% nor will it go any higher than 9.99%. Your annual rate change per year cannot exceed 2.00%.  Loan Rates and current offer are subject to individual qualifying factors and may change at any time without notice, your rate may be higher.

Rates

*APR –  2.99% Annual Percentage Rate.  The prime rate is based on the highest prime rate published in the Wall Street Journal. On July 31, 2020 prime rate was 3.25%. The current APR for a Home Equity Line of Credit using the prime rate minus 0.26% margin is 2.99%. The APR will never exceed 9.99%. If applicable, your payments will change on the first day of the month. At no time during the life of your loan will your interest rate go below 2.99% nor will it go any higher than 9.99%.