5420 Peachtree Ind. Blvd.
Norcross, GA 30071

Tel: +770-246-4362

Rates

Deposit Accounts

Share Accounts

SAVINGS 1.75% APR 1.76% APY
$50 Minimum $75,000 Maximum (Maximum deposit per quarter is $5,000)

*An additional 2.00% was paid at 2015 year end

 

Loan Accounts

Unsecured Loans (Signature, Vacation and Afford Life)
Rates and terms are effective October 1, 2015.  The maximum rate for any loan is 18.00%.  Vacation loans are available year round.  Afford Life loans were designed for parts purchases, but can be used for any purpose to help members Afford Life.  Genuine Parts Credit Union: “HELPING PEOPLE AFFORD LIFE”.  MEMBERS CAN HAVE UP TO ONE OF EACH TYPE OF UNSECURED LOAN AT THE SAME TIME IF THEY QUALIFY.

Signature (up to $500) 18% APR Up to 12 months
Signature ($501 to $1,000) Base Rate 9.90% APR** Up to 24 months
Signature ($1,001 to $1,500) Base Rate 9.90% APR** Up to 36 months
Vacation ($1,000 to $3,000) Base Rate 9.90% APR** Up to 12 months
Afford Life ($501 to $1,200) Base Rate 9.90% APR** Up to 12 months
Afford Life ($1,201 to $2,400) Base Rate 9.90% APR** Up to 24 months
Afford Life ($2,401 to $3,600) Base Rate 9.90% APR** Up to 36 months
(Signature loans only can be renewed once they are paid down to the half-way point through payroll deduction only and only if the term of the original loan was twelve months or longer . 082415)
Vehicle Loans (Vehicles From A Dealership)

New Vehicles Base Rate 1.75% APR* Up to 48 months
New Vehicles Base Rate 2.00% APR* Up to 60 months
New Vehicles (minimum loan $25,000) Base Rate 2.25% APR* Up to 72 months
Used Vehicles (ten years old or newer) Base Rate 2.50% APR* Up to 48 months***
Used Vehicles (four years old or newer) Base Rate 2.75% APR* Up to 60 months
Motorcycles (and RV’s that have a title) Base Rate 7.80% APR* Up to 48 months
 *** The maximum term for a 2008 and 2009 is 36 months.
 *** The maximum term for a 2006 and 2007 is 24 months.

 

Fees And Disclosures

Deposit Account Fees

Excessive Withdrawal Fee $3.00
Return Check Fee $25.00
Loan Account Fees

Application Fee $10.00
Vehicle Title Fee $18.00
Monthly Service Charges

Direct Deposit Checking Free
Regular Checking $5.00
Second Chance Checking – $10.00 $10.00
Account Fees

NSF – Per Item $25.00
Overdraft Protection Transfer Fee $5.00
Returned Item Fee $25.00
ATM Transaction Fee – First three Free
ATM Transaction Fee – After three – per transaction $1.00
Replacement Debit Card $10.00
Debit Card PIN Reorder $5.00
Stop Payment – per item $25.00
Statement History or Reproduction of Statement – per page $1.00
Balancing of Account By GPCU Personnel – for first hour $10.00
Balancing of Account By GPCU Personnel – for each additional hour $5.00
Creditor Letters $10.00

* Credit Score is used to determine rates.

**Credit Score is used to determine rates and loan amount for unsecured loans.

The Credit Score ranges we use follows:
680 & above Base Rate
650 to 679 Base Rate plus 2.00%
620 to 649 Base Rate plus 4.00%
580 to 619 Base Rate plus 8.00%
540 to 579 Base Rate plus 11.00%   A SCORE OF AT LEAST 540 IS REQUIRED FOR UNSECURED LOANS
500 to 539 Base Rate plus 15.50%   A SCORE OF AT LEAST 500 IS REQUIRED FOR SECURED LOANS

We obtain credit reports for our applicants from Equifax.

All loans are subject to credit approval. Some restrictions may apply.