Members First Credit Union
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Loan Rates

It's better to get a loan at Members First Credit Union.  We truly care about your financing needs and hope to make a positive difference for you with same day approvals, loan rate discounts and a variety of insurance products. Call 855.835.MFCU for personalized financing 24 hours a day, 7 days a week.

+ Secured Loans (Vehicle & Recreational)
+ Unsecured Loans
+ Share Pledge Loans
+ Certificate Pledge Loans
+ VISA Credit Cards
+ First Mortgages
+ Fixed Rate Second Mortgages
+ Second Mortgages
+ Home Equity Lines of Credit
+ Land Loans
+ Overdraft Line of Credit


Rates and terms are subject to change at any time, as determined by the Board of Directors.

Secured Loans (Vehicle & Recreational Loans)
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00
Up to 48 Months 2.94% $22.12
Up to 60 Months 2.94% $17.95
Up to 72 Months 3.49% $15.42
Up to 84 Months 4.94% $14.11
Up to 96 Months 5.94% $13.12
Up to 108 Months 6.94% $12.49
We realize that many people have colorful credit. We can provide a solution for you. Talk to us about a payment that will fit your needs with a term thats right for you.


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Unsecured Loans/ Other Personal Property
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00
Up to 60 Months 8.54% $20.74


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Share Pledge Loans
Effective Date: Saturday, August 23rd, 2014
TermsAPRPayment per $1,000.00
Up to 60 Months 4.00% $18.42
May also be written as a balloon note.


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Certificate Pledge Loans
Effective Date: Saturday, August 23rd, 2014
TermsAPR
Not to exceed CD maturity date CD Rate +2%, minimum 4.00%


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VISAŽ Credit Cards
Effective Date: Saturday, August 23rd, 2014
CardTermsAPR as low as*
VISAŽ Platinum up to $20,000 ; open-end line of credit 9.59%
VISAŽ Platinum Rewards up to $20,000 ; open-end line of credit 10.90%
VISAŽ Share Secured up to $10,000 ; open-end line of credit 7.75%

See which VISA® Credit Card is right for you!



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First Mortgages
Effective Date: Friday, August 22, 2014
TermsAPR as low as*
30 Year 4.401%
20 Year 4.161%
15 Year 3.546%
10 Year 3.316%
RD Available Upon Request


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Fixed Rate Second Mortgage Special
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00
8 year term, 8-year amortization, 80% LTV or less 4.99% $12.66
15 year term, 15-year amortization, 80% LTV or less 5.99% $8.44
Loan amounts between $5,000 to $50,000


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Second Mortgage/Home Equity Loans
TermsAPR as low as*Payment per $1,000.00
Rates change daily. Please contact us at 855.835.MFCU ext. 1750 so we can provide you with current information. Final rate is determined by Loan Applicants Credit Score and relationship with Members First Credit Union.


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Home Equity Lines of Credit
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00

Based on the Prime rate, adjusted quarterly. Loan amounts $5,000.00 to $100,000.00. LTV up to 90%.

3.25% $15.00
Maximum APR 18.00%.


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Land Loans
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00
2-year balloon 7.74% $9.41


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Overdraft Line of Credit
Effective Date: Saturday, August 23rd, 2014
TermsAPR as low as*Payment per $1,000.00
Up to $2,000; open-end line of credit 15.00% $45.00


*APR = Annual Percentage Rate.  Final rate is determined by loan applicant's credit score and relationship with the credit union.  Rates featured are listed "as low as" and subject to credit approval.  All rates are subject to change.

Members First Credit Union | P.O. Box 2165 | Midland, MI 48641
Phone 855-835-MFCU (6328) | mail@mfcu.net
Equal Housing Lender
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act