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Personal Loan
Life Comes at You Fast. An MCU Personal Loan Can Help.
An MCU Personal Loan is a hassle-free way of consolidating debt or lessening the impact of a larger expense. If a personal loan is right for you, apply online now—it’s easy, and the application only takes a few minutes.
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.
When the Unexpected Happens, MCU is Here to Help.
Whether you need to take care of medical expenses, vehicle repairs, or a bill you didn’t see coming, the MCU Personal Loan gives you access to the cash you need, when you need it most.
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.
A Personal Loan You Can Count On
Life gets expensive—and that can get stressful, fast. That’s why MCU allows you to borrow the cash you need without putting up your home or vehicle as collateral.
Flexible Term Lengths
With terms up to 72 months (based on the amount borrowed), choose the term length that best suits you and your family’s needs.
$50,000 Borrow Limit
Members who qualify for an MCU personal loan may borrow anywhere from $1,000 to $50,000, depending on terms and approval.
All-Purpose Funding
Paying off debt, family expenses, consolidating bills, covering medical expenses—the funds from a personal loan can be used to pay for almost any type of expense. And, if you have no credit or poor credit, you can use a Credit Builder loan to establish, build or improve your credit.
Automatic Transfer
Never worry about missing a payment on a loan. Set up automatic transfer to conveniently ensure payments are always made on time.
Competitive Rates & Payments
With low rates and affordable payment options, we make it easy for you to repay your loan over time—without the added financial burden of high interest rates.
Looking for More Loan Options?
Not seeing what you're looking for? Check out our other lending options.
Share Secured Loans
If you have money on deposit in your MCU Share Account, a Share Secured Loan allows you to borrow against those funds at a low rate over a term of up to 84 months.
Share Certificate Secured Loans
If you have money in an MCU Share Certificate, a Share Certificate Secured Loan allows you to borrow against those funds over a term of up to 60 months, based on the maturity date of the certificate.
No Matter Where You Are in Life, We’re Right There with You.
At MCU, we believe that a credit union should be a lifelong source of financial education and support—from planning for college to saving for retirement and everything in between.
That’s why we have specialized recommendations for products and services designed to help you meet your goals (both short-term and down the road), based on your changing needs and priorities.
Banking That’s Always by Your Side
Manage your loan the easy way with the NYMCU Mobile and Online banking apps. Our easy-to-navigate platform gives you the tools you need to make banking smarter, not harder.
Lending Products Built for the Heroes of NYC
Whether you’re ready to purchase your dream home or have a job-related expense—we’re here to help. MCU offers the lending services you need to achieve your goals.
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.
Make the Most of Your MCU Membership.
Membership in our community is about more than just banking. As an MCU member, you can access valuable information and resources to help you plan and reach your financial goals.
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All about Private Mortgage Insurance (PMI)
What to Consider Financially As A First-Time Homebuyer
Mortgages 101: Getting Started on The Path to Homeownership
Ready to Join the MCU Community?
Gain access to the products and services that help our members create a foundation for an excellent financial future—such as competitive rates, reliable banking, and educational resources to stay in control of your finances.
