Rates subject to change at any time.
Signature Personal Loan
Let your credit worthiness be your collateral with a signature loan. Terms up to 48 months give you options for a payment structure that fits your needs. Get the money you need to consolidate debt, pay for school or home improvement expenses, or finance that dream vacation.
At MCU you have control of your loan, you can pay monthly, bi-weekly, or even weekly and there is no penalty for early pay off. Plus, you’re getting one of the lowest interest rates in town!
| Signature Loans | ||||||
|---|---|---|---|---|---|---|
| 24 Months | Monthly Payment per $1,000 Borrowed | 36 Months | Monthly Payment per $1,000 Borrowed | 48 Months | Monthly Payment per $1,000 Borrowed |
|
| Credit Score | ||||||
| A+ 750+ Up to $10,000 | 9.99% | $46.14 | 10.24% | $32.38 | 10.49% | $25.60 |
| A 749-700 Up to $10,000 | 10.24% | $46.26 | 10.49% | $32.50 | 10.74% | $25.72 |
| B 699-660 Up to $10,000 | 10.49% | $46.37 | 10.74% | $32.62 | 10.99% | $25.84 |
| C 659-630 Up to $7,500 | 10.74% | $46.94 | 10.99% | $32.73 | 11.24% | $25.96 |
| D 629-600 Up to $5,000 | 10.99% | $46.60 | 11.24% | $32.85 | 11.49% | $26.08 |
| E 599-0 Up to $2,500 | 11.24% | $46.72 | 11.49% | $32.97 | 11.74% | $26.21 |
PAL Overdraft Protection
Leave your savings in your savings account. Let our PAL Overdraft Protection offer you checking without the worry. With our PAL Overdraft Protection, can have peace of mind knowing that your checking account is backed up. Whether it’s an unplanned purchase or a forgotten bill, PAL ensures that your transactions go through smoothly.
Key Benefits:
- Automatic Coverage: Avoid the hassle of declined transactions and costly fees with automatic overdraft protection.
- Flexible Repayment: Convenient and easy-to-manage repayment options that fit your budget.
- Low Rates: Enjoy competitive rates and transparent terms, so you know exactly what to expect.
- No Hidden Fees: Simple, straightforward protection with no surprises.
How It Works:
- Apply Online for a PAL: When approved, we’ll automatically link your PAL to your checking account.
- Automatic Transfer: If your checking balance falls short, funds are automatically transferred to cover the difference.
- Enjoy Peace of Mind: Keep spending confidently, knowing your account is protected.
Example: If you overdraft your account by $500. You will pay only 22¢ in interest each day until you make a payment. That’s just $1.54 per week (7 days). You can pay the full amount with your next paycheck or set up automatic minimum payments.
Get Started Today: Protect your finances with PAL Overdraft Protection. Enroll now and experience the convenience and security that our members trust.
According to Wisconsin law, for line of credit loans, you must be presented with the complete Wisconsin Credit Union Loan Application Form and Addendum. If you prefer to complete and sign this fillable form you can do so here. Otherwise please click the button above to complete the mini application.
Kwik Cash
Sometimes you need some extra cash. Kwik Cash provides a pre-approved revolving line of credit that is ready when you need it. Avoid overspending on high interest credit cards or using payday loans with a Kwik Cash loan.
No annual fee and no per transaction fee.- Credit lines up to $10,000 are available based on your credit score.
- Pay nothing until you draw money from the account.
- As you pay off the balance on lines of credit, the money becomes available for you to use again. Use what you need, then pay back with a small monthly payment, and use the funds again as needed
- A $50 minimum transfer amount.
According to Wisconsin law, for line of credit loans, you must be presented with the complete Wisconsin Credit Union Loan Application Form and Addendum. If you prefer to complete and sign this fillable form you can do so here. Otherwise please click the button above to complete the mini application.
Savings Secure Loan
This loan is ideal for the member attempting to build a credit history. Loans are granted based upon funds already in your MCU savings account or certificate. Loan rates are 3% above the savings rate you are currently receiving. On time payback allows you to build a good credit rating.
| Personal Loans | Terms | Limits | Rates as low as (Vary on credit score) | ||
|---|---|---|---|---|---|
| Savings Secured | Up to 60 months | 1 | 3.00% + Savings Rate | ||
| Certificate Secured | Up to length of CD | 1 | 3.00% + CD Rate | ||
| Lines of Credit (Kwik Cash)^ | Revolving | 2500 | 13.9% No Annual Fee | ||
| Overdraft Credit (PAL)^ | Revolving | 2500 | 15.9% No Annual Fee |
| Signature Loans | ||||||
|---|---|---|---|---|---|---|
| Credit Score | 750+ | 749-700 | 699-660 | 659-630 | 629-600 | 599-0 |
| A+ | A | B | C | D | E | |
| Maximum $$ Available | up to $10,000 | up to $10,000 | up to $10,000 | up to $7,500 | up to $5,000 | up to $2,500 |
| 24 Months | 9.99% | 10.24% | 10.49% | 10.74% | 10.99% | 11.24% |
| 36 Months | 10.24% | 10.49% | 10.74% | 10.99% | 11.24% | 11.49% |
| 48 Months | 10.49% | 10.74% | 10.99% | 11.24% | 11.49% | 11.74% |
^APR is annual percentage rate. Rates subject to change. Account must be in good standing with MCU. One (1) year of membership required. No 30-day delinquency or negative shares with MCU in the past 12 months. Must verify employment with current paystub at application. Maximum term limit is 12 months. $500 minimum loan and $1500 maximum loan required. Automated recurring payments required. Not valid for refinancing existing MCU loans. Offer good 11/1/2023 – 12/31/2023. Not valid with other promotions.
1APR is annual percentage rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions.
2 APR is annual percentage rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. Finance charges begin to accrue from the date of posting. Existing lines of credit can be disbursed without delay.
4 $5,000 maximum loan amount. Refinancing a current MCU loan requires $1,000 of new money. Other rates and terms available. Offer good 1/1/2022 – 2/28/2022.
