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.

Loan Rates

Secured Loans (Vehicle & Recreational Loans)
Effective Date: Thursday, December 18th, 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.

Recreational Vehicles
Effective Date: Thursday, December 18th, 2014
TermsAPR as low as*Payment per $1,000.00
Up to 60 Months (longer terms are available) 3.74% $18.31
Motor Homes, Travel Trailers, Campers, Snowmobiles, Boats, Motorcycles, Personal watercraft, 4-Wheelers (may be written as a ballon note with a minimum of $10,000)

Share Pledge Loans
Effective Date: Thursday, December 18th, 2014
TermsAPRPayment per $1,000.00
Up to 60 Months 4.00% $18.42
May also be written as a balloon note.

Certificate Pledge Loans
Effective Date: Thursday, December 18th, 2014
TermsAPR
Not to exceed CD maturity date CD Rate +2%, minimum 4.00%

Unsecured Loans/ Other Personal Property
Effective Date: Thursday, December 18th, 2014
TermsAPR as low as*Payment per $1,000.00
Up to 60 Months 8.54% $20.74

VISAź Credit Cards
Effective Date: Thursday, December 18th, 2014
CardTermsAPR as low as*
VISAź Platinum up to $20,000 ; open-end line of credit 9.59%
VISAź Platinum Rewards up to $20,000 ; open-end line of credit 10.90%
VISAź Share Secured up to $10,000 ; open-end line of credit 7.75%

First Mortgages
Effective Date: Monday, December 15, 2014
TermsAPR as low as*Payment per $10,000.00
30 Year 4.026% $47.76
20 Year 3.911% $59.96
15 Year 3.421% $70.89
10 Year 3.316% $97.73
Rural Development Available Upon Request  
Payments do not include taxes and insurance. Actual payments will be higher.

Fixed Rate Second Mortgage Special
Effective Date: Thursday, December 18th, 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

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.

Home Equity Lines of Credit
Effective Date: Thursday, December 18th, 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. Loan-to-value up to 90%.

3.25% $15.00
Maximum APR 18.00%.
Rates are variable and subject to change.

Land Loans
Effective Date: Thursday, December 18th, 2014
TermsAPR as low as*Payment per $1,000.00
2-year balloon 7.74% $9.41

Overdraft Line of Credit
Effective Date: Thursday, December 18th, 2014
TermsAPR as low as*Payment per $1,000.00
Up to $2,000; open-end line of credit 15.00% $45.00

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

*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.

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Members First Credit Union | P.O. Box 2165 | Midland, MI 48641
Phone 855-835-MFCU (6328) | mail@mfcu.net

Federally insured by NCUA.
We do business in accordance with the Fair Housing Law.