All Members Will Be REQUIRED to Wear FACIAL COVERINGS for any In-Branch Appointment. New Expanded Drive-Thru Hours: Mon - Thur: 9 AM to 6 PM; Fri: 8 AM to 6 PM; Sat: 9 AM to 1 PM. Our Paterson Branch will remain CLOSED. We encourage all our members to use REMOTE SERVICES during this time - STAY HOME - STAY SAFE - SAVE LIVES!
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Our Paramus Branch Drive-Thru lanes are now OPEN for business. We have performed a DEEP CLEAN for the entire branch along with the Drive-Thru Lanes and will continue to practice all the sanitary guidelines to keep our employees and members safe. Thank you for your patience and membership and trusting Greater Alliance to help see you through these unprecedented times.

Loan Rates

APR* Maximum Loan Type Terms (Months)
Personal Loan 10.24% $30,000.00 Fixed up to 48
Personal Loan 9.24% $25,000.00 Fixed up to 48
Personal Loan 8.24% $20,000.00 Fixed up to 48
New Auto 2.99% $50,000.00 Fixed up to 60
New Auto 4.99% $50,000.00 Fixed 61 to 84
Used Auto 3.24% $50,000.00 Fixed up to 60
Used Auto 4.99% $50,000.00 Fixed 61-84
New First Time Auto Buyer 10.24% $20,000.00 Fixed up to 60
New First Time Auto Buyer 12.24% $20,000.00 Fixed 61 to 84
Used First Time Auto Buyer 10.49% $20,000.00 Fixed up to 60
Used First Time Auto Buyer 12.24% $20,000.00 Fixed 61 - 84
Enterprise Auto 2.74%** $50,000.00 Fixed up to 60
New Boat, RV and Motorcycle 2.99% $50,000.00 Fixed 60
New Business Auto 3.99% $49,999.00 **** Fixed 36
New Business Auto 4.99% $49,999.00 **** Fixed 48
New Business Auto 5.99% $49,999.00 **** Fixed 60
Used Business Auto 5.99% $49,999.00 **** Fixed 36
Used Business Auto 6.99% $49,999.00 **** Fixed 48
Used Business Auto 7.99% $49,999.00 **** Fixed 60
Overdraft Business Line of Credit 16.12% $5000.00 Fixed
Share Secure loans 3% above saving rate Fixed 48
Share Certificate secure loans 1.50% above CD Rate NA Fixed must match Certificate term
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
Home Equity line promotion 2.99%**** $250,000.00 Variable 240
*APR= Annual Percentage Rate.
** APR=Annual Percentage Rate. 0.50% off current rate. This is a buy down rate. The amount of the buy down will not affect the price of the vehicle. This rate offer is valid for all terms up to 60 months. Current rate will vary based on credit worthiness & terms. Financing for qualified Greater Alliance Federal Credit Union members. Offer valid only on Enterprise Car Sales vehicles purchased 05/01/2020–5/31/20. No cash advances. Offer cannot be combined. Not valid on previous purchases. 2: Kelley Blue Book Trade-In Values used by Enterprise are obtained from © 2019 Kelley Blue Book Co.’s website KBB.com. Kelley Blue Book Trade-In Value is based on accurate condition rating & mileage of vehicle. Accurately appraising the condition of the vehicle is an important aspect of determining its Kelley Blue Book Trade-In Value. Kelley Blue Book valuation adjustments for vehicle mileage disproportionate to the age of the vehicle may be capped by Enterprise Car Sales at 20% of the vehicle’s base value. If a Kelley Blue Book Trade-In value is not available for customer’s vehicle Enterprise will provide a fair & competitive value for customer’s vehicle. Customer is responsible to any extent vehicle pay-off exceeds Enterprise offer. Customer must provide required proof of ownership/registration and all other necessary paperwork to transfer title. Restrictions apply. See a Sales Consultant for details. Offer void where prohibited. Used vehicles were previously part of the Enterprise rental fleet &/or an affiliated company’s lease fleet or purchased by Enterprise from sources including auto auctions, customer trade-ins or from other sources, with a possible previous use including rental, lease, transportation network company or other use. Enterprise auto loan rates for qualified individuals.

***.26% below prime

*****APR – Annual Percentage Rate. This promotion is available for a limited time and may be withdrawn at any time. The promotional Annual Percentage Rate (APR) will not change until the first day of the 13th month after the day of the loan closing. After the introductory period, the loan will become a variable rate loan and the interest rate and payment may change. The prime rate is based on the highest prime rate published in the Wall Street Journal. On March 16th, 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 floor rate at the end of the initial 12 month period will be 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% after the one year introductory rate, nor will it go any higher than 9.99%. Your annual rate change per year cannot exceed 2.00%. You can select a term of 20 years with a “draw period” of 7 years. Other restrictions may apply. Some Non-NJ Properties may have State Tax related closing costs. If the loan is paid off within two years, the borrower agrees to reimburse the Credit Union for closing costs initially waived in the amount of $750, and that the member authorizes the Credit Union to withdraw the money from their Credit Union account. Loan Rates and current offer are subject to individual qualifying factors and may change at any time without notice, your rate may be higher. Minimum line amount of $25,000. Maximum line amount of $250,000. Loan amount is up to 80% of your home’s value less any other liens. This promotion applies only to new lines of credit and is not available to refinance existing loans with GAFCU. Promotion available for single family, owner-occupied, primary residence only; excludes investment property, second and vacation homes, condos, co-ops and single or double wide manufactured homes. Property insurance is required. Applicants must successfully meet our Home Equity Line credit standards. Not all members will qualify for this promotional offer. Alternative rates and terms are available. Some Non-NJ Properties may have State Tax related closing costs. **Consult your tax advisor regarding your ability to deduct Home Equity Loan interest. Credit union membership required to apply for any of our products and services.

****Business Auto loans are available for greater than $50,000.00

Rates shown above are for qualified borrowers and as of 03/24/2020 Rates are subject to change without notice. Not all borrowers will qualify. Actual rate may vary based on credit worthiness.