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PERSONAL LOANS
Freedom, Flexibility and Rates as Low as 7.99%*
*APR - Annual Percentage Rate. Members who currently have or will establish direct deposit to their MCU checking account will receive an additional .25% discount. If your direct deposit is not established within 60 days of this loan, the Annual Percentage Rate will increase during the term of this transaction. If you discontinue direct deposit, your interest rate will increase by .25% and you will be required to make additional payments of the same amount until what you owe has been repaid. For example, if your loan was for $15,000 for 60 months at 6.25% and the rate increased to 6.50% after 24 months due to discontinuance of direct deposit, you would have to make 1 additional payment.
The APR of 7.99% is available for loan term of 36 months up to $50,000 – higher rates apply for loan terms over 36 months. Rates may be higher based on your creditworthiness. Repayment terms range from 12 months to 72 months. APRs range from 7.99% to 17.99%. Late payment fee of $25.00. Certain restrictions apply. Rates and terms are subject to change without notice. Membership is required.
Today's Rates
Personal Loan
$1,000-$50,000
36 Months
7.99 %
APR1
Personal Loan
$5,000-$50,000
60 Months
8.49 %
APR1
Personal Loan
$25,000-$50,000
72 Months
10.49 %
APR1APY = Annual Percentage Yield (OPEN TO READ MORE)
1Minimum Opening Deposit is $0.01, funded by MCU.
These are variable rate accounts and the rate may change after the account is opened.
Fees and other conditions could reduce earnings.
The disclosed Dividend Rates and Annual Percentage Yields are accurate as of the last dividend declaration date.
Personal Loans to Cover All of Life’s Curveballs
With low rates and member-friendly repayment options, MCU makes it easy for you to handle your finances on your terms with a personal loan. And, borrowed funds can be used for any purpose—from consolidating bills to paying for a wedding.
Convenient Payment Options
Easily make loan payments with Automatic Transfer.
Top-Notch Member Support
Our team of Lending Sales Specialists is there to help do the heavy lifting, answer pressing questions, and guide you in the right direction.
Low Interest Rates
We want you to feel confident that you’re getting the best deal possible. Qualified members may borrow up to $50,000 at competitive rates.
Consolidate Your Debt Before It Gets Out of Control.
Tired of working hard to make hefty loan and credit payments each month that just seem to be going toward interest? A personal loan through MCU allows you to pay off your high-interest debts and switch to a single monthly loan payment instead.
2 Easy Steps From Application to Approval
Apply Online Today (you may have to upload your most recent paystub, and potential credit card statements for bill consolidations).
If Pre-Approved, visit your nearest branch to follow up and finalize or call 1-844-628-6969 (Option 2).
Lending Products Built for the Heroes of NYC
Home Loans
Do you have your eye on the home of your dreams? We believe every hero deserves a place to call their own—and we can’t wait to help you. Learn more about the different mortgage options we offer our valued members.
Auto Loans & Services
Get access to reliable products that help you buy, refinance, or insure your car. Explore our affordable loan and service options so you can focus on what really matters: grocery runs, daycare pickups, or a new commute.
Get Peace of Mind with Debt Protection.
In partnership with TruStage, Debt Protection could be used to cancel your personal, or auto loan balance or payments up to the contract maximums should you experience a covered life event.
Eligibility requirements are simple. Protected events include involuntary unemployment (certain restrictions may apply), disability, or loss of life.
