There have been recent instances of fraudsters impersonating our fraud services department in an attempt to gain access to sensitive account information for the purpose of accessing members’ accounts. When doing so, the fraudster’s call may display the credit union’s phone number. Do not give out your account information including account history, email, phone number(s) without positively knowing who you are speaking to. When in doubt, HANG UP, and DIAL the Credit Union directly at 912-236-4400.
Routing Number: 261271694
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Credit Unions and Loan Interest Rates

Sep 13, 2019

Talk with a credit union associate about our loan interest rates.

If you are trying to obtain a credit card or loan from a credit union, interest rates are definitely a key factor in your decision.

You should know that the National CUA Board determines the rate of interest federal credit unions may charge on credit cards and other types of loan accounts.

The most that credit unions may charge is an 18% Annual Percentage Rate (APR).

Additionally, credit unions often offer higher savings rates and lower loan rates. This may mean that your savings may grow faster while your loan costs less. Credit unions also tend to require lower deposit balances while charging lower fees than other financial institutions.

One exception is for loans made under NCUA’s Short-Term Loan Program offered by federal credit unions. With this type of loan, credit unions may charge an APR of up to 28%. NCUA designed this program to allow federal credit unions greater flexibility in providing loan options for credit union members.

According to, federal credit unions may offer Short-Term Small Loans with an interest rate up to 28% under the following conditions:

  • Principal Amount: $200-$1,000
  • Term: One to six months
  • Application Fee: $0-$20 (based on actual costs)
  • Eligibility: Member for at least one month
  • Amortization: Fully amortized (no balloon payments)
  • Rollovers: Prohibited

For more information about credit unions and loan interest rates, call us or visit one of our branches to speak with an associate. You may also visit our website for additional details.

Speak with a Georgia Heritage Federal Credit Union associate to learn more about opening a checking account, opening a savings account, or loan interest rates.

Become a Member of GHFCU

Anyone who lives, works, worships, or attends school in Chatham, Effingham, or Bryan counties in Georgia and their immediate family members may gain membership to the Credit Union.

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