Greater Piedmont Credit Union

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Greater Piedmont Credit Union
10827 Pineville Road
Suite - 1
Bradford Downs
Pineville, N. C., 28134
(704) 554-7201
FAX: (704) 554-9147

First Mortgage Loans
Loans to purchase a Home are available to members of GPCU through
"Member Mortgage Connection" Please call 1 (866) 903-4518
for information on current rates and how to apply for a mortgage loan

Home Equity Line & Second Mortgage Loans
Based of value of home & balance of current mortgage. The rate (APR) and term for each of these types of loans varies and also depends on Credit History & Debt Ratio guidelines.

Home Equity LOC Rate: (WJP + 3.00%) As Of 7/1/09 Current Rate: 6.25%APR

Second Mortgage: 7.25%APR to 7.95%APR (Lower Rate with GPCU having first lien on home)

HISTORY of Greater Piedmont Credit Union

GPCU was established in July, 1977 as DCHC Federal Credit Union to serve the employees of Durham County Hospital Corporation.

In Aug, 1985 we changed our name to Greater Piedmont Federal Credit Union and began SEG (Select Employee Group) expansion to
serve the employees of other employers.

In Sept., 1987 Butner FCI FCU merged with GPCU.

In 1989 we built a building for your credit union's main office. With the move into the new building in July, 1989 we established a
full service branch at Durham Regional Hospital.

In April, 1997 we converted to a credit union Chartered by the State of NC. Now Greater Piedmont Credit Union.

In March, 1999 Southern Piedmont Credit Union merged with GPCU and we established a full service branch in Charlotte, NC.

SAFETY & SOUNDNESS
Greater Piedmont Credit Union primarily engage in consumer loans and residential real estate lending to our members.
Credit union performance is at a historically high level. GPCU works to maintain a high capital ratio level to be able to meet the changing
needs of the membership. The equity ratio of the federal insurance fund, the National Credit Union Share Insurance Fund (NCUSIF), has
operated above 1.25% for 11 consecutive years.

REGULATION & SUPERVISION
Greater Piedmont Credit Union was chartered under North Carolina State Law in 1997. After having operated as a Federally Chartered credit union since 1977. As a State Charter we are regulated by the North Carolina Credit Union Division, an agency under the North Carolina Department of Commerce.

NCUA administers the federal insurance fund,NCUSIF, which covers all federal credit unions, and most state chartered credit unions.
No taxpayer money is used for regulating and overseeing federal credit unions, as all activities of NCUA and the NCUSIF are funded by
credit unions. Your funds on deposit with Your credit union are insured by the NCUSIF

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