1. How do I apply for a loan?
First time borrowers need to complete an "Open-End Credit Plan Agreement" and a Loan Application. Both can be obtained through your on-site representative, or call the credit union and we will be happy to mail one to you. Subsequent loan requests require an update form that can be faxed, or in some instances we can take the information over the phone.

2. How long do I have to be a member before I can apply for a loan?
You may apply for a loan as soon as you become a member. There are no membership time requirements for loan qualifying.

3. How do I add/remove a joint owner to/from my account?
To add a joint owner you will need to complete a new signature card, which you and the joint owner(s) sign where indicated. To remove a joint owner, a new account is opened and a membership card is completed listing the new member and joint owner(s).

4. How do I change my payroll deduction?
For members at co-ops your loan officer can help you change your deduction amounts. Members who have deductions through the ACH (Automated Clearing House) system, your employer can help you. If you would just like to rearrange how your payroll is being distributed visit a cu branch.

5.  Direct Deposit Questions

  1. Why should I use Direct Deposit?

• Safe – Your paycheck is protected against loss or theft.
• Worry-free – You can be assured that your check is deposited, even when you're away from home.
• Saves time – You no longer have to make special trips to the credit union or stand in line on payday.
• Convenient – No more waiting for the mailman. Your deposits will be made for you automatically, allowing you to set your own timetable for getting cash.

  2. How do I apply?

• Our Member Service Representatives have all the necessary forms. If you wish, they will be happy to fill them in for you. All you have to do is tell them how you want your money distributed and sign your name. GEMC Federal Credit Union will take care of everything else.

  3. How will I be able to keep track of my money?

• Your check stub from your paycheck is your permanent record. Or with PowerLineSM Teller or Web Account Access you can check your balance at any time.

• This service is free to all participating GEMC Federal Credit Union members.