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Archive for month: May, 2017

Spring into ME/CU for an Auto Loan

Finance with ME/CU and get rates as low as 1.99%*

Apply Now for this limited time offer and get rates as low as 1.99%APR* For 60 Months.

Disclaimer: *Annual Percentage Rate (APR) offered on approved credit for terms up to 60 months. APR listed is fixed rate. Term, credit score, vehicle age and type may cause changes in rate. Not all members will qualify.  New money; direct loans only.  May not be combined with any other offers.  Estimated monthly payment is $613.52 for $35,000 financed over 60 months and an APR of 1.99% (does not include payment protection). Offer subject to change without notice, other terms and conditions may apply.

Home Equity Line of Credit From $5, 000 – $50,000

Let your home equity work for you!

We know you’ve worked hard for your home. Now it’s time to have your home work for you. Whether you need money send your children to college, take your dream vacation, or renovate your house, we can help with a Home Equity Line of Credit. Me/CU offers a FIXED RATE as low as 4.5%*. You can be approved for a line of credit from $5,000 to $50,000 depending on the equity in your home.

At Me/CU we offer personal service for our members and low rates.

Disclaimer: Rates as low as 4.50% fixed APR. APR=Annual Percentage Rate. The rate is fixed for the term of the loan. Offer begins April 1, 2017, and may end at any time without notice. Offer and rate are subject to approval and are subject to change without notice. Offer rate is valid for all loans approved prior to MECU closing the Offer. The rate is based on an evaluation of the applicant’s credit and credit score at the time of application as well as the Credit Union’s general underwriting guidelines. The rate shown is based on a maximum combined Loan to Value (LTV) of 80%. The LOC has a draw period of 5 years and a payment of 1% of the outstanding balance and a repayment period of 10 years. During the repayment period of ten (10) years, assuming a $5,000 balance at 4.50% APR your payment would be $51.82. Loans with an LTV up to 90% will have a 5.00% APR and loans with an LTV up to 95% will have a 5.50% APR. The rate established at consummation is the maximum rate for this Offer. Interest may be tax deductible (consult your tax advisor). No Origination fee. Other fees and costs may apply such as title insurance, appraisal fees, homeowner’s or flood insurance premiums etc., and the borrower is responsible for real estate taxes and insurance on the property. Total closing costs generally range from $300 to $500, but could be more. Offer is a consumer Home Equity Line of Credit (HELOC) and Right of Rescission may apply. HELOCs with loan balances at the maturity of the draw period would have a balloon payment due. Excludes rental/investment property and home purchases. No minimum advance to qualify. Eligible Offers require a minimum approval of least $5,000 in new money and have a maximum borrowing amount of $50,000. Other home loan products, rates and terms are available. Other restrictions or conditions may apply. Promotion may be cancelled any time. NMLS#519899

Skip your July or November Payment*!

ME/CU would like to say THANKS and make things a little easier for YOU.

Take a vacation, repair your home, or have an amazing Holiday. Download the Skip Payment Form or ask any Me/CU representative for it. Fill it out, send it back or return it to any of our locations.

* To participate simply complete the Skip Payment Form and return it to Me/CU by mail or in person no later than June 23, 2017 for July and no later than October 27, 2017 for November. We will defer your loan payment for one month. To qualify for the skip a payment extension the loan must have never been delinquent and all types of member accounts must be in good standing. Single pay mortgage loans and credit cards are not included in this offer. You must have made six months’ worth of payments to be eligible. All extension applications are subject to approval. There is a $30 processing fee for each loan.