Greater Alliance has proudly partnered with New Jersey Center for Teaching and Learning.
We offer amazing benefits to teachers including our Summer Escrow Savings Account which helps teachers and administrative school staff save for the summer.
Flexible, Fast and Fixed Personal Loans
In order to apply for a loan, you must be a Greater Alliance FCU member. All borrowers must have or open a share (savings account) and are required to maintain a minimum balance of $100 in their personal savings account after their first six months of becoming a member.
A full credit check will be required for all borrowers. Borrow any amount you need, up to $30,000, for up to 48 months. Click here for current rates. We offer longer terms, and there’s no collateral required.
Apply quickly and easily using our online personal loan application.
If you already have a personal loan from another financial institution, refinance with Greater Alliance and get 1% cash back up to $1,000 of the loan’s value – plus our great low and flexbile terms.
Apply, Sign and Recieve your Loan Electronically with DocuSign
Greater Alliance offers convenient and secure electronic loan processing with DocuSign.
Summer Skip Loan Program
Skip your personal loan payment during the summer months with our summer skip loan program. Please ask about it during your loan approval process.
Summer Escrow Savings Account
The Summer Escrow plan was established to provide teachers and administrative school staff with a value-added program that allows them to contribute monies for use during the summer months while away from school. This program has now been opened up to any employee who gets paid through direct deposit and works only 10 months of the year.
- Earns interest up to a maximum of $15,000
- Contributions can be made through Online Banking transfers and not to exceed $1,500 per pay period
- Keep track of your progress through online banking/alerts
- All the contributions to the account will be transferred to your savings account on July 1st of each year
- The Annual Percentage Yield for our Summer Escrow program is 0.75% APY will be good for the entire contribution period and will be subject to change annually