Banner Image

Loans

M-C has a variety of loan options and lines of credit to fit your needs. Everything from your first car to your first mortgage. Explore all the options and give us a call or apply online!

  • Home Loans

      Home Loans

      M-C offers mortgage loans to purchase, build or refinance. Explore the options of a home loan with low closing costs today.

      Apply »

      First Mortgage Loans - Principal ResidenceAPR*
      Terms - FixedMax. 80% Loan to Value
       
      10 YearConsult a Loan Officer Today for a custom mortgage that will work for you
      15 Year
      20 Year
      30 Year
       
      5/1 ARM - 30 Year Maximum4.50%
      Home Equity Loan - Principal ResidenceAPR*
      Terms - FixedMax. 90% Loan to Value
      0-36 months2.29%
      37-60 months2.69%
      61-84 months3.59%
      85-120 months3.99%
      121-180 months4.49%
      181-240 months5.99%
      Additional advances available for Home Equity Loans and LOC
      81-85% LTVadd .25%
      86-90% LTVadd .50%

      Questions about a home loan? Contact Us

      As a credit union member, home insurance could be more affordable! Find out how

      *APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
  • Auto Loans

      Auto Loans

      Buying the right vehicle is important and so is choosing the right auto loan to go along with it. M-C offers auto loans on new and used vehicles with competitive rates. Make your purchase at one of our direct dealers and drive away with your vehicle that day! Ask about the benefits of refinancing you existing vehicle loan from another financial institution.

      A few easy ways to apply

      • Online
      • Loan by phone 1-866-265-4255
      • At our participating Credit Union Indirect Dealerships
      • At any of our branch locations


      Vehicle Information |  NADA

      Questions about an auto loan? Contact Us

      Apply

      Vehicle Loan Rates^TermAPR*
      On the Spot Financing is AvailableRates as low as
      New Vehicles & Demos1.99%
      Used Vehicles2.59%
       
      Recreational Vehicles/MotorcyclesNew5.50%
       Used5.75%
      Boats0-60 months11.50%

      As a credit union member, auto insurance could be more affordable! Find out how

      *APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
  • Home Equity Line of Credit

      Home Equity Line of Credit

      Use the equity in your home for home improvements, consolidation of debt, or vacation.
      The uses are endless.

      The interest may even be tax deductible; contact your tax advisor.

      Apply »

      Home Equity Line of Credit (HELOC)APR*
      Terms 
      3/1 ARM (WSJ Prime +1.25%)4.50%
      5/1 ARM (WSJ Prime +1.50%)4.75%

      Questions about a Home Equity Line of Credit? Contact Us

      *APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
  • Personal Signature Loans

      Personal Signature Loans

      See how easy it can be you get the items you need. You can purchase appliances, furniture, pay taxes, or consolidate small debts. There is no collateral required for this loan. Automatic payment rate discounts are available on the signature loans, (not available on line of credit) Rates, loan limits and terms are based on your credit score.

      Apply »

      Personal & Secured Loans^ Term APR*
        Rates as low as
      Signature Loan 7.99%
      Line of Credit 11.00%
       
      Computer Loan 0-60 months
      Share Secured  
      Share Certificate (CD) Secured 2% over Certificate Rate or share secured rate whichever is higher

      Questions about a signature loan? Contact Us

      *APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
  • Student Loans

      Student Loans

       

      With college costs growing fast, it’s time to borrow smarter. M-C Federal Credit Union has partnered with Sallie Mae to bring you financing option when scholarships, federal loans, financial aid don’t cover all your expenses.

      The Smart Option Student Loan offers these benefits:

      • A choice of competitive rates for undergraduate students
        •   Low, variable interest rates from 2.25% APR to 9.37% APR. We also offer fixed interest rates from 5.74% APR to 11.85% APR.1
      • Rewards for paying on time2
        • Get a Smart Reward® in your Upromise® account of 2% of your scheduled monthly in-school payments that are made on time while in school with the Interest and Fixed Repayment Options.
      • Lower your interest rate
        •  Receive a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit.
      • Get the money you need
        • Borrow up to 100% of your school-certified education costs (minimum $1,000).
      • Choose the repayment option thats best for you1
        • Deferred Repayment, Fixed Repayment, or Interest Repayment.

      APPLYING ONLINE IS EASY–IT ONLY TAKES ABOUT 15 MINUTES TO APPLY AND GET A CREDIT RESULT.

       

       

  • Business Loans

      Business Loans

      We understand the needs of the small business owner and are committed to making the financing process as simple for you as possible. Contact a loan officer for application details.

      M-C offers an online tool you may use to help you grow in your business.

      View the Business Center

      Apply »

      Questions about a Business loan? Contact Us

      *APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
  • Home Equity Loan Special

      Home Equity Loan Special


      Your Dreams are a Home Equity Away

      • Rate as low as 2.19%
      • No hidden charges
      • Quick Decisions
      • Personal Service
      • Automatic Transfers
      • Use the loan for anything
      • *Fee waiver for limited time  (see terms and conditions below)

      3 easy ways to apply

      Questions?  Call 800-834-0082 or contact us by email

      Three Main Reasons Home Equity Loan can work for you

      1. Invest home equity funds in your kids

      • Using home equity loans for education is another popular choice, with the skyrocketing costs of post-secondary education and higher incomes that don’t qualify for special grants and government-backed loans.
      • Home equity loans used to pay for education are investments of sorts too. An educated son or daughter is more likely to be financially independent sooner and building his or her own wealth rather than draining yours.
      • Unfortunately, college for your kids comes just about that time when you are nearing retirement and may consider home equity loans to offset your reduced income. Don’t over look special educational loans, tax writeoffs and scholarships to meet your children’s educational needs.

      2. Putting your home equity money back

      • Almost as common as debt consolidations are home equity loans used for home improvements. With carefully planned and professionally completed work, homeowners effectively put home equity loans back into the home by adding more square footage, by bringing the home up to current building codes and by upgrading to contemporary home design and features.
      • Problems here stem not so much from using home equity loans for home improvements, but the decisions you make about the improvements.
      • The best improvements from home equity loans increase the fair market value of your house. Remodeled rooms, notably kitchens and bathrooms, add the most value. Additions are fine too as long as you don’t over improve. Additions should blend in both with your home’s existing style and the design of the homes in your neighborhood. Interior painting, carpeting and the like probably won’t add much value, but those cosmetic touches will improve the salability of your home

      3. Debt consolidation

      • Eliminating higher-rate debt, such as that on multiple credit cards. Home equity loans can pay them all off leaving you with one monthly bill that’s likely smaller than the others combined.
      • It’s also a good chance the interest rate will be half what you were paying on just one credit card. The rate on home equity loans is cheaper because, unlike credit cards, the debt is secured by your home.
      • Additional debt-cost savings are available because with the consolidation you’ll likely pay off your debt sooner. Along the way you’ll get to deduct the interest, up to the legal limits allowed for home equity loans.

       

      Apply Home Equity

      ** APR- annual percentage rate. APR is subject to change without notice.  Minimum amount is $7,500 borrowed at 2.19% APR.     New money only – refinance is not qualified.  *Fees waived include:  Property search, flood search, and recording fee.  Fee waive excludes appraisal fee.   Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice.  Nothing herein is or should be interpreted as an offer or commitment to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Property insurance is required.   Membership eligibility is required – see field of membership on www.mcfcu.org click join us.   All Bloomsburg and Berwick residents are eligible for membership.  An optional automatic payment from your M-C FCU deposit account is available upon request

       

  • Summer Vacation Promo

      Summer Vacation Promo

      Come aboard a signature loan!

      Get away for a weekend with a loan from MCFCU! *Choose someone to join you for a night out in NYC on the Hudson bay with our free DINNER CRUISE tickets! Apply for a vacation loan to qualify for your chance of a luxurious night out.

      NYC dinner cruise

      • 3 hour cruise
      • New York Harbor dining
      • Breath taking skyline views
      • Vibrant Entertainment
      • Access to sky deck lounge
      • Guaranteed window seat
      • Table for two

      Plus

      –Flexible terms to fit your borrowing needs.

      –Convenient bi-weekly or monthly payment options.

      –Plus you can have your payments automatically deducted from you primary deposit account.

      3 easy ways to apply

      Apply »

      Select the Signature loan option

       
       
       
       
      Our Credit Card also give you great flexibility and worry free vacation benefits:
        • $1,000,000 Free Travel Accident Insurance charge plane, train, tickets to your M-C credit card and you, your spouse and eligible dependent children are automatically covered for $1,000,000 in common carrier travel accident insurance.*
        • Auto Rental Collison Damage Waiver (No more paying extra dollar for collision coverage) Offer you coverage, at no additional cost, for damage due to collision or theft of most rental cars.   Simply charge the covered rental to your card and decline the CDW/LDW offered by the rental agency such as Budget, Alimo, Enterprise or others.*
        • Baggage Delay Insurance Reimburses you for replacing essential personal or business items in your baggage, if the baggage you have checked on to a common carrier is delayed in transit and your tickets were purchased using an eligible MasterCard card

       Plus Other Great Benefits

       

      Learn more…

      Apply

      ->Choose Platinum Mastercard

       

      *APR- annual percentage rate is fixed rate with a maximum term of 5 YEARS or 60 months.  APR is subject to change.  Membership eligibility required.  Minimum amount financed must be $5,000.  Sample terms: Loan amount $5,000, Rate: 7.99% APR,  Term: 60 months, estimated monthly payment: $101.40.  Rates are determined by individual credit and your rate may vary from example.  An optional automatic payment deduction from your M-C FCU deposit account is available upon request.   Existing M-C FCU loans are not eligible to this promotion. No Purchase Necessary.  Sweepstakes period: Sweepstakes begins April 7th, 2014 and ends July 7th, 2014. Winner will be chosen in random drawing on July 12th, 2014. Eligibility: Open only to U.S residents.  Void where prohibited. To qualify for the sweepstakes, all entrants must be eligible for membership at M-C Federal Credit Union and be at least 18 years of age. By entering this sweepstakes, entrants accept and agree to be bound by these Official Rules and the decision of M-C Federal Credit Union. One (1) entry per individual only. To enter: You will automatically be entered for a chance in the sweepstakes giveaway upon application and approval for a new signature loan with M-C Federal Credit Union. You may apply for a signature loan in one of the following three easy ways: online application via mcfcu.org, loan by phone via (866) 265-4255, or your nearest branch location. Each sweepstakes entry has an equal chance of winning; odds of winning are based upon the number of entries.  You may also enter by sending in a 5 x 7 index card to M-C Federal Credit Union, c/o Marketing Department to 230 Walnut St. Danville, PA 17821. Include your name, mailing address and telephone number. Our marketing representative will proceed to call you and set up an appointment for an application. Mail in entries must be received by June 7th, 2014. Proof of mailing does not constitute proof of delivery. M-C Federal Credit Union is not responsible for lost, late, incomplete, or illegible entries submitted by mail. Only one entry per person, regardless of method of entry. Additional entries will be eliminated. Prize:  New York City dinner cruise for TWO (2). Winner will be able to choose who joins them for their free dinner cruise.  Retail value (ARV) $335.73. Value of prize is locked in at the beginning of the promotion and is not subject to change.  Prize will be accessible on the scheduled date of the dinner cruise, August 16th, 2014. If winner has prior plans on this particular date, there is the capability to reschedule the dinner cruise. Travel and lodging is not included.  General Conditions:  M-C Federal Credit Union and each of its employees, board, members and representatives are not responsible for any claims, liability, injury, or other damages of entrants and/or winners arising from, or in conjunction with acceptance, receipt, possession, or use/misuse of prize. Employees, relatives, and board members of the credit union are not eligible. Consult your tax advisor about potential tax benefits.  Entrant waives the right to claim any damages whatsoever including, but not limited to punitive, consequential, direct or indirect damages. Use of sweepstakes information: M-C Federal Credit Union reserves the right to use any information related to the sweepstakes, including information obtained  through the sweepstakes for marketing and promotional purposes, unless prohibited by law,  By entering, winner authorizes use of photo or likeness, and their name, to be used by M-C Federal Credit Union for promotional purposes.  Winner: Need not be present to win.  Winner will be notified by phone.  M-C Credit Union officials, employees, and their immediate family are ineligible to win.

 Important Message from

In the past 60 years

We have stood by our values and built upon them. Now we are focusing on the next 60 years and what this credit union can bring to our members and community. We want YOU our member owner to be informed about what does the dual charter change means to you. Please see a video message from

President & CEO Jim Barbarich on Our Plan for the next 60 years