School Bus Loans

Icon of School Bus for School Bus Loans

Making field trips possible since 1946.

We rely on certified bus drivers to get our children to school, and they can rely on us for a school bus loan. At Tangipahoa Parish Teachers’ Credit Union, we provide school bus loans to our qualified members that need it. We support our parish schools as well as the students who need transportation.

If you are a certified bus driver and a TPTCU member, contact us today to find out more about our school bus loan rates.

New & Used School Bus Loans

A down payment may be required. 100% financing + tax, title, and license may be financed depending upon your past credit performance. Loan amount is subject to bus value. Loan term is subject to age of bus and may be subject to appraisal. Must have an open Share Account to qualify.

AGE OF BUS
TERMS
RATES
New Bus
84 months
*as low as 5.99% APR
1-3 Years
72 months
*as low as 7.40% APR
4-10 Years
60 months
*as low as 7.90% APR

*APR = Annual Percentage Rates.

*Rates are determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.

Example: Amount financed $15,000 for 60 months at 7.90% is $303.47, finance charge is $3,207.77 total payment is $18,207.77. (Figures are estimates only)

Effective October 1, 2013, if you are more than 10 days late in making a payment, you will be charged a $10.00 late fee.

Disclaimer
The rates and APYs are effective immediately and may change at any time at the discretion of the Board of Directors.

DOWNLOAD OUR LOAN APPLICATION

Interested in Becoming a Member?

Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical to the health and stability of ordinary citizens. At TPTCU we offer memberships to full-time, permanent employees of Tangipahoa Parish School System or SLU.

Are you a direct relative of a current TPTCU member?
You may qualify to become a member too! Contact our offices to learn more.

There are 4 requirements for opening a share account:

  • Driver’s license or passport (Birth certificate for minors only)
  • Social Security Card
  • Proof of full-time employment with Tangipahoa Parish School System or SLU or your relationship status
  • $26.00(cash/check)-No Debit cards
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