Loan Rates


loans we offer:

  • Auto (New and Used) Loans
  • Recreational Vehicle (New and Used) Loans
  • Student Loans
  • Debt Consolidation Loans
  • Line of Credit
  • Signature Loans
  • Mortgage Loans (All types)
  • Home Equity Loans
  • Business Loans

** These stated rates on consumer loans are with an active checking account. Without an active checking add .50% to the APR*. Active checking means direct deposit to MCECU.

Loan Type Term APR* (Fixed) Payment Per
$1,000 Borrowed
2014 & Newer Loans
Secured Loans
Vehicle and RV
24 months 1.89% $42.49
36 months 2.14% $28.70
48 months 2.39% $21.87
60 months 2.64% $17.81
72 months 3.14% $15.26
84 months 4.39% $13.85
2010 - 2013
Secured Loans
Vehicle and RV
24 months 2.89% $42.93
36 months 3.14% $29.14
48 months 3.39% $22.31
60 months 3.64% $18.25
72 months 4.14% $15.71
84 months 5.64% $14.44
2006 - 2009
Secured Loans
Vehicle and RV
24 months 4.14% $43.49
36 months 4.39% $29.70
48 months 4.64% $22.87
60 months 4.89% $18.82
72 months 5.39% $16.29
2005 and Older
Secured Loans
Vehicle and RV
12 months 6.39% $86.25
24 months 6.64% $44.61
36 months 6.89% $30.83
48 months 7.14% $24.01
60 months 7.64% $20.01
Unsecured Loans 12 months 7.39% $86.71
24 months 7.64% $45.06
36 months 7.89% $31.29
48 months 8.14% $24.48
60 months 8.89% $20.71
Line of Credit 8.99% $50.00
Share Secured Up to 60 months 1.99% + rate on acct
 

Mortgage Rates


Mortgage Loan Type Term APR* (Fixed) Payment Per
$1,000 Borrowed
1st Mortgage Home Loan
5 Year Balloon (70% LTV)
5 years
Up to 30 year amortization
2.99% $4.22
1st Mortgage Home Loan
5 Year Balloon (80% LTV)
5 years
Up to 30 year amortization
3.49% $4.49
1st Mortgage Home Loan
10 Year Fixed Rate (70% LTV)
10 years 3.24% $9.77
1st Mortgage Home Loan
10 Year Fixed Rate (80% LTV)
10 years 3.74% $10.00
1st Mortgage Home Loan
15 Year Fixed Rate (70% LTV)
15 years 3.99% $7.40
1st Mortgage Home Loan
15 Year Fixed Rate (80% LTV)
15 years 4.49% $7.65
 

*Other loans and rates are available, contact the credit union for more information. **Rates as low as: Your actual rate and term is determined by your credit score.  Members should call the credit union at 715 261-7680 to verify rates.


Loan Calculators

Click the links below for Consumer Loan, Mortgage and Home Equity LOC Calculators!