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Loan Guidelines

• Attach a current paystub for each borrower with completed application
• Loan applications take 1-3 days to process once received by the credit union
• Please call (763) 267-6300 for the status of your application
• Once approved, a loan appointment must be scheduled with a loan officer
• $30 loan processing fee at the time of closing

​​​​​​To Apply

• Print Loan Application
• Submit the completed application, along with a current paystub for each borrower
• Debt Consolidation: please attach a list of what you owe including the name of each creditor, balance, monthly payment, and interest rate as well as your most recent statements

Loan Requirements

• Credit Union membership required
• One year seniority with current employer for secured loans with collateral
  • Full coverage insurance is required on the collateral pledged on your secured loan, listing Teamsters Credit Union as Loss Payee
• Two years seniority with current employer for personal loans