Apply for a Credit Builder Loan

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Building good credit is key to financial empowerment. But if you can’t get access to credit, where do you start? That's why GLCU is proud to offer a Credit Builder loan that gives you a no-cost opportunity to build or repair your credit profile.

Get Started on Your Path to Financial Empowerment

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Apply quickly and easily
You can start an application in branch, by phone, or anytime via digital banking.


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Simple and seamless
Once approved, your loan proceeds of $1,000 will be placed in your name on hold here at GLCU until you pay off the loan.


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Make payments, build credit
Your monthly payments toward the loan will help you build or reestablish credit. Upon the completion of your last payment, the $1,000 secured in your savings account will be released the next business day, and the loan will be closed.


We've Got You Covered

  • All loans are for $1,000 for 12 months
  • You pay no interest and no fees
  • Credit pull required
  • Payments will be reported to build positive history


Requirements and APR

  • One Credit Builder Loan is permitted at a time
  • No application fee
  • 0.00% APR**
  • Must be eligible for GLCU membership
  • Age 18+




Your Local Banking Partner for Over 85 Years

We’ve been helping members achieve their goals since 1938. As a GLCU member, you’re banking for a greater good
and supporting the financial empowerment of your community.



What Our Members Say

“I have always received great service over the years. I’ll never regret switching from Chase to Great Lakes. It’s more personal in every way for all the services that I have needed. I also feel more secure here.”

-James H.

"GLCU provides me with everything I need. Customer service is excellent and staff knows their job. No waiting. Help right away when I come in."

-Deborah L.

"We have been members since the 1960's and have had nothing but great service."

-Billy W.

*If the loan is 29 days past due, the funds on hold will be used to pay off the remaining balance and the loan will be closed. Any funds remaining will be available in your Share Savings account.
 **APR=Annual Percentage Rate of 0.00%