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
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.
On June 24th of 2017, MECU will have a Shred Day so you and your family members can shred documents safely. This is open to members and non-members alike. Come on over to our south location and enjoy this free service. Our south branch is located at 8812 S. Walker Ave., Oklahoma City, OK 73139. Call us at (405) 813-5550 for details.
Download our flyer >
Our 83rd Annual Meeting will be held on April 27th, 2017 at 6:00 p.m. This event will be located at Credit Union House, 631 East Hill Street.
Please join us for our business meeting and refreshments. Seating is limited.
On February 27th, 2017 the Me/CU branch on Council will change it’s hours of operation to the following:
- Monday – Friday: 10:00 am – 4:00 pm
- Saturday: Closed
- Sunday: Closed
Now available. Free ATM machines inside select OnCue Locations. These convenient ATMs at convenient locations let you access your MECU account with no charges. See the flyer below for details.
Dear Me/CU Member,
The recent tragic events that unfolded in Dallas and Baton Rouge have shocked and saddened us all. As our country works to heal, I want to remind you of Me/CU’s dedication to our law enforcement officers.
Municipal Employees Credit Union was founded in 1934 to serve the financial needs of Oklahoma City’s police, fire and city employees. Even though our membership has expanded, our commitment to our members has not wavered. During these difficult times, we stand strong with our law enforcement officers as they risk their lives every day to protect our citizens. We thank them for all that they do, and we are proud to serve them!
President and CEO