Fund Your Future

If you’re a current member or eligible for membership, TEG can help you establish a credit history. We’ll get you started the right way with advice on what you can afford and how to establish good credit.

First Time Borrower Loans

Loan Specifications

  • Minimum amount: $500
  • Maximum amount: $1,000
  • .25% discount for automatic transfer method of payment

We also offer First Time Borrower Vehicle Loans.

If you need a loan but have a difficult credit history, our Fresh Start Loan might be a better fit for you.


  • Must have a consistent source of income for at least 6 months
  • No credit history on the credit report
  • Debt-to-income ratio (DTI) of 35% or less, including housing expense
  • Proof of income required
  • References required

A cosigner is not required, and you can use a First Time Borrower Loan for almost any purpose.