UMECU provides a number of different types of loans for it's members.
MEMBERS OR FAMILY MEMBERS MAY APPLY FOR ALL LOANS AVAILABLE AFTER 12 MONTHS OF MEMBERSHIP. A written loan application must be completed on all loans before the loan request will be considered or approved.
Payday Alternative Loans
Payday alternative loans are loans secured by your future earnings. Members can borrow up to $1000. Payments on the loan can be automatically deducted from your paycheck for up to 13 pay periods or six months for non-payroll deducted members depending on loan amount. Click here for more information on payday loans.
Share Secured Loans
100% of loan is secured by members shares. The advantage of this type of loan is that it is a lower interest rate than and unsecured loan and there is no need for a credit report. Click here for this simple loan application.
THE APPLICATIONS BELOW CAN BE FILLED OUT VIA PDF AND EMAILED BACK TO US FOR YOUR CONVENIENCE.
Important Note: Loan applications must be signed in person in our office. Please do not sign loan applications prior to bringing them into our office. All applicants named on the loan application must sign the application in front of one of our loan officers.
Unsecured Loans
Loan amounts vary from $1,000 to $7,500 based on years of employment or membership. Interest rates are determined by applicants' current credit score. See Loan Interest rate chart below for more information on unsecured loans. Click here to fill out a loan application.
Vehicle Loans
We offer members loans on new and used cars, motorcycles, boats, RV and other vehicles. Interest rates are determined by applicants' current credit score. You can fill out the Loan Application and email it to us at umecu@umecunion.com
Click here to fill out a loan application.
Please click here if you would like instructions on how to fill out the loan application and email it to us.
__________________________________________________________________
Loan Interest Rates
Current interest rates for all loans. Click here for current interest rate chart.
NOTE: INTEREST RATES ARE THE SAME, TIME OF MEMBERSHIP CHANGED AND EMPLOYMENT IS NOT CONSIDERED, MUST BE A MEMBER.
MEMBERS OR FAMILY MEMBERS MAY APPLY FOR ALL LOANS AVAILABLE AFTER 12 MONTHS OF MEMBERSHIP. A written loan application must be completed on all loans before the loan request will be considered or approved.
Payday Alternative Loans
Payday alternative loans are loans secured by your future earnings. Members can borrow up to $1000. Payments on the loan can be automatically deducted from your paycheck for up to 13 pay periods or six months for non-payroll deducted members depending on loan amount. Click here for more information on payday loans.
Share Secured Loans
100% of loan is secured by members shares. The advantage of this type of loan is that it is a lower interest rate than and unsecured loan and there is no need for a credit report. Click here for this simple loan application.
THE APPLICATIONS BELOW CAN BE FILLED OUT VIA PDF AND EMAILED BACK TO US FOR YOUR CONVENIENCE.
Important Note: Loan applications must be signed in person in our office. Please do not sign loan applications prior to bringing them into our office. All applicants named on the loan application must sign the application in front of one of our loan officers.
Unsecured Loans
Loan amounts vary from $1,000 to $7,500 based on years of employment or membership. Interest rates are determined by applicants' current credit score. See Loan Interest rate chart below for more information on unsecured loans. Click here to fill out a loan application.
Vehicle Loans
We offer members loans on new and used cars, motorcycles, boats, RV and other vehicles. Interest rates are determined by applicants' current credit score. You can fill out the Loan Application and email it to us at umecu@umecunion.com
Click here to fill out a loan application.
Please click here if you would like instructions on how to fill out the loan application and email it to us.
__________________________________________________________________
Loan Interest Rates
Current interest rates for all loans. Click here for current interest rate chart.
NOTE: INTEREST RATES ARE THE SAME, TIME OF MEMBERSHIP CHANGED AND EMPLOYMENT IS NOT CONSIDERED, MUST BE A MEMBER.