Loans

Serving employees and retirees of Maumee City Schools

Loans Your credit union is your first stop in financing. Check today's rates. Motor Vehicle Loans New Cars and Trucks Used Cars and Trucks Motorcycles Boats Recreational Vehicles ATVs Secured Loans Loans are available for virtually any purchase. A secured loan leverages your personal assets – such as your car or savings – as collateral to determine the rate of your loan. Unsecured Loans (See Note 1) Unsecured loans are limited to the lesser of 10% of your annual income or $5,000. Unsecured loans provide greater borrowing flexibility than secured loans, but require a higher interest rate. Home Improvement Loans (See Notes 1 & 2) Need (or want) to add features or repair your home? We offer special interest rates for home improvements. Tuition Loans (See Notes 1 & 3) Education is important to you and it is important to us. We offer special interest rates to help you pay for tuition for college, professional development, and other training opportunities. 1. 20% of annual income (10% Credit Tier II) up to a maximum of $10,000 ($5,000 Credit Tier II) 2. Must have contract or receipt for materials) 3. Must have bills from College or Private School Why Finance With Us? We help analyze dealer prices and rates and match most interest rates offered. Share your goals and target deals with us. We can assist in analyzing and coordinating the deal. We can provide automobile trade values and offer financing alternatives. We can set up your loan payment to be automatically paid by payroll deduction every pay date. Get a jump start on your vehicle search by having your loan pre-approved. Establish credit for family members by co-signing a loan in their name. Automatic Payroll Deduction Automatic payroll deduction is available to help you grow your savings with each paycheck. Use the Credit Union to establish and control automatic payroll deductions from your semi-monthly payroll. Pay yourself first by using automatic payroll deductions out of your semi-monthly payroll. You can set the amount and then change it as your needs require. Great resource for unanticipated needs and the money as accessible Monday through Friday. Set up sub accounts for specific needs. Credit union loans are automatically set up to be paid semi-monthly through payroll deduction. Contact us to set up your automatic payroll deduction.

Accessibility:

Maumee Educators Federal Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 419-720-3150. All products and services available on this website are available at the Maumee Educators Federal Credit Union office.