Open-End Variable Rate Signature

Our variable-rate1 open-end signature loan provides unlimited subsequent advances from this credit line, up to the credit limit. There is no set maturity date or repayment term. Advances may be made via Connect GKCU, ASK GKCU, or by stopping by our local branch office.

  • Unlimited subsequent advances, up to the credit limit
  • Can serve as overdraft transfer service for your GKCU checking account
  • Minimum periodic payment is determined based on the amount borrowed
  • Maximum loan amount is the lesser $10,000 per individual / $15,000 joint
  • Lending is limited to residents of North Carolina only
1 The variable interest rate is subject to change after loan consummation. Future interest rate changes will be determined based on the 26-week U.S. Treasury Bill.