Fixed Rate Home Improvement Loans
If you are in need of money to work on your home, and don't want or qualify for our HELOC product, we offer fixed rate home improvement loans.
- The maximum term is 10 years.
- The loan is secured by a second mortgage on your home.
- There are minimal closing costs, which can often be paid for with proceeds from the loan
- In most cases, interest paid on a home improvement loan is tax-deductible*.
Our Members make the difference.
Member Since 1982
"I decided to become a founder and a member of Genesee Co-op Federal Credit Union because I wanted to help create, support and benefit from a cooperative alternative to mainstream financial institutions. It's important to me to know that my money supports a non-profit, community-based, socially-responsible saving and lending institution. Now more than ever, we need alternatives to the mega-banks that have made such a mess of our economy. I'm proud to have been a part of an institution that has helped thousands of people enter the world of credit, improve their financial standing and be treated with dignity. It's great to have witnessed the credit union’s evolution from a small group of food co-op members into an institution that serves a member-ownership that's diverse in age, race, ethnicity and socio-economic circumstance."