Gender Affirming Procedures Loan Products

Starting Small

Entry level borrowers may qualify for an unsecured loan of $500. This product can be used for a variety of smaller expenses, related to transition or otherwise, while building your credit score.

Terms

  • 6 month repayment term
  • Annual Percentage Rate 18%
  • $75 security deposit held until the loan is paid off
  • $30 application fee
  • Late Fee: $10

Requirements

  • Must be a credit union member
  • Minimum monthly net income of $1000
  • Must be in good standing
  • Loan can be borrowed a maximum of (2) a year with full repayment of existing loan
  • Payroll Direct Deposit is Required

Build and Save

This loan is for members who are interested in building savings along with their credit score as they repay their loan. Borrow $500, $750, or $1,000 and build towards the future!

Terms

  • 6, 9, or 12 month repayment term
  • Annual Percentage Rate 18%
  • $75 security deposit held until the loan is paid off
  • $30 application fee
  • Late Fee: $10
  • By agreeing to this loan, you are opting-in to make a monthly savings deposit of $25-$40 (depending on loan amount) and secured for the length of the loan
    *A $15 penalty applies for early withdrawal of funds during the program

Requirements

  • Must be a credit union member
  • Minimum monthly net income of $1000 – $1500 (dependent on amount borrowed)
  • Must be in good standing
  • Loan can be borrowed a maximum of (2) a year with full repayment of existing loan
  • Payroll Direct Deposit is Required

Signature Access

Those that qualify may receive a personal loan, which may be used for a variety of purposes, from Gender Affirming Procedures to those larger expenses in life.

Terms

    • Must be a credit union member
    • Term dependent on loan amount and APR
    • APR dependent on credit score (maximum 18%)
    • Amount of security deposit dependent on amount of loan
    • $30 application fee
    • Late Fee: $10
    • Ask about our discounts!

Requirements

      • Must be a credit union member
      • No bankruptcy in the last 3 years
      • Must be in good standing
      • Credit committee considers your credit history, credit score, and debt-to-income ratio
      • No unpaid judgments or collections

To Apply: Fill out and submit the loan application by mail, fax, in person, or using the online loan application. The credit committee will review your submitted application and contact you within five business days. Download Application or Apply Online

Benefactor Secured

If you do not need a loan for yourself, but would like to support a community member, you may ask about sponsoring another for a secured loan! The Annual Percentage Rate for these is under 10%, providing an even more accessible financing option for those in need!

To Apply for any of the Gender Affirming Procedures Loan products:       Set up an appointment by calling (773) 769-5800.

Take Your First Steps!

Becoming a Member is Simple:
Stop by the credit union (1011 W. Lawrence Ave) and open a Share Savings Account. All that is necessary is a copy of your current ID, proof of address, a $15 deposit, plus a $5 one time entrance fee.