Loan Services

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Have you ever thought of what your family would do if you had a financial emergency? Have you thought about buying a new car or a car for those first time drivers in your life? Washing machine ever stop working when it was needed the most? We are here to help. TCP Credit union offers a variety of loans that can help in any of the situations above. Here at TCP, we look at you as a whole person (character, ability to repay, income, and credit worthiness) instead of just your credit score. We understand that everyone needs to borrow money at some point in their life and we are here to help.

Whenever you need to borrow money, for whatever reason it may be, you can always count on TCP to help in any way we can.

Loan Types

New and Used Auto

If you are looking for a new or used vehicle, check with us to see what we can do for you. We offer low rates starting at 4.25%. We will work with you during your vehicle search to help determine the value of the auto and what your payments will be. If you have an idea of the maximum amount that you want to spend for your new or used auto, we can do a pre-qualification for you. To apply for a new or used auto loan please call us at (336) 969-6518 or stop by our local office. When you call or come in please be prepared by having the most current pay stub.

*New vehicle is defined as current, prior, or upcoming year model with less than 10,000 miles.

Guaranteed Asset Protection (GAP)

If a vehicle is totaled or stolen, the primary insurance policy will usually cover only the depreciated value of the vehicle.  Likely, the insurance settlement will not cover the vehicle’s entire loan payoff – creating what can be a significant deficiency balance or “gap” – and the borrower is responsible for paying the difference.  Low used car values, extended loan terms, small down payments, and frequent trade-ups can drive a borrower further upside down.  Guaranteed asset protection (GAP) is a Loan/Lease Balance Deficiency Waiver designed to eliminate the borrower’s unpaid net balance in the event that the vehicle is stolen or damaged beyond repair.  GAP relieves the borrower of the responsibility for the deficiency balance not covered by the primary insurance policy, subject to certain exclusions.  Ask your credit union how to protect your loan with GAP today.
If GAP insurance is bought for a vehicle at TCP, you will also be enrolled for Auto Deductible Reimbursement. Auto Deductible Reimbursement (ADR) will pay up to $500 per loss when a claim is filed for any vehicle the member owns and also insures.

Personal Loans

When you need money fast for any situation you may have for instance paying for medical expenses, consolidate debt, vacation, or personal use.  A personal loan might be the best way for you to go. Our personal loans have interest rates starting at 8% interest and can go up to as much as $7,500.00 per member.

New and Used Motorcycle Loans

Have you had a recent craving for adventure? Let us help you fulfill that craving with wind in your hair. Let us help you get on that motorcycle you have been longing for. We have low motorcycle interest rates as low as 8% interest. What is stopping you now?

New and Used RV Loans

Have you ever thought about seeing all 50 states or just sightseeing with your family? An RV is a great way to have the freedom to see the places you have always wanted to without the big expense of hotels. We offer new and used RV loans as low as 8% interest.

Share Secured Loans

Have money put away that you are just not ready to spend yet? TCP offers share secured loans where you can borrow up to the amount in your account and pay a lower interest rate than standard personal loans. No credit review or income verification is required. Secured loans is a great way to establish first time credit or rebuild credit.

90 day loans

Need money fast but only need it for a short amount of time? Are you waiting on a tax refund but you need the money now? A 90 day loan is a short term loan of 3 months in which you do not have to make monthly payments. When the 90 days are over you are required to pay the balance in full.

Loan Check List



TCP Credit Union is committed to prompt and courteous lending services to our membership. This checklist includes information you generally need to supply in order to apply for a loan. Please be advised this checklist does not constitute an application and additional documentation may be requested at the time of loan application.


□Gross Monthly Income (Current Pay-stub)

□Employer(s) for the past 5 years (including date of hire)

□Job Title(s) for the past 5 years

□Residence Status (Own or Rent)

□Housing Payment

□Number of Dependent(s)

□Alimony / Child Support Obligations


Auto loans only

□Bill of Sale

□Vehicle Identification Number (VIN)

□Auto mileage

□Proof of Insurance




*Additional documentation that may be requested at the time of application:

  • Income Verification – recent pay-stubs, signed personal tax returns and/or award letters
  • Insurance Information – Declaration page / Agent’s name and phone number
  • Payoff – If request is a refinance transaction


This list is not all inclusive and you may be required to provide supplemental information during the application process.


Loan process could take up to 24/48 hours to complete.


Thank you for choosing TCP Credit Union for your lending needs!


TCP Credit Union is pleased to partner with Lender Select Mortgage Company. By partnering with Lender Select, we are now able to offer a wide variety of mortgage products to our members.

Please contact TCP Credit Union for more information or Click Here to start the application process for your next mortgage.

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