Chat Now
a group of three young males are sitting and talking around a table in professional attirea group of three young males are sitting and talking around a table in professional attire

Consumer Loan Rates

Consumer Loan Rates

As of February 18, 2020
Approximate Term Rates as low as
12 - 36 months1 2.84% APR
37 - 60 months 3.99% APR
61 - 72 months 4.25% APR
Approximate Term Rates as low as
12 - 36 months2 3.14% APR
37 - 60 months 4.09% APR
61 - 72 months 4.35% APR
Approximate Term Rates as low as
12 - 36 months3 4.35% APR
37 - 72 months 5.50% APR
73 - 84 months 6.29% APR
Approximate Term Rates as low as
85 - 120 months 7.39% APR
Approximate Term Rates as low as
12 - 36 months4
4.25% APR
37 - 72 months
5.50% APR
73 - 84 months
6.29% APR
Products Loan Discounts
GAP (Guaranteed Asset Protection) (info)* - .10
Extended Warranty (info)*
- .10
Multi-Shield Protection (info)*
- .10
Active Qualifying Debit Card* - .10
Debt Protection (info)*
  • All Cause Life
  • All Cause Disability
  • Involuntary Unemployment & Family Medical Leave of Absence
 
- .05
- .05
- .10
Loan Type Approximate Term Rates Start At
Line of Credit (Variable) N/A 8.49%
Unsecured / Signature Up to 30 months 5.99%
Unsecured / Signature 31 - 60 months 7.50%
Type Term Rates Start At
Share Secured (Variable) Up to 120 months Regular Share plus 3.00%
CD Secured (Fixed) Term of CD CD rate plus 2.5%
Loan Type Approximate Term Rates Start At
Home Equity5 60 months - 240 months 4.000% APR
Home Improvement6 60 months - 240 months 4.000% APR
 
Payment Example: 5.500% - 180 months – $8.17 per thousand. Please contact a Mortgage Loan Officer at 281.754.1103 to discuss terms and conditions.
Credit Cards7 Interest Rates
0% introductory rate on purchases for first 6 months and on balance transfers for the first 12 months – valid for new card holders only.
After Introductory rate expires, rates between 8.25% - 18.00% APR
Mortgage Loans
Home Mortgage loans are available on residential primary residences and second/vacation properties and Investment properties located in Texas. Manufactured homes not allowed. Rates are issued daily. Please Contact a Mortgage Loan Officer at 281.754.1103.

Disclosures

APR = Annual Percentage Rate. Rates are subject to change without notice. Each application is evaluated on an individual basis. Loan advances are granted based upon the applicant(s) credit history, ability to repay, purpose, stability and collateral.  Loan advances are not granted based upon method of repayment.  On variable rate loans, the Annual Percentage Rate (APR) for new advances and existing balances is based on an index which is the highest Prime Rate as published in the Money Rates section of The Wall Street Journal on the 15th day of the month for the preceding three months and is subject to change monthly. The index figure is posted in the lobby of each credit union office. Qualifying debit card includes all active debit cards with an MCCU Checking Account. Debit cards must be within expiration period.
*Guaranteed Auto Protection (GAP), Warranty Protection, Multi-Shield Protection, Active Qualifying Debit Card each qualifies for a .10% rate discount. Debt Protection (.05% All Cause Life; .05% All Cause Disability; .10% Involuntary Unemployment & Family Medical Leave of Absence).
(1) Annual Percentage Rate of 2.84% is for an approximate term of 12-36 months. Payment example: 12 monthly payments of $84.63 per $1,000 borrowed at 2.84%. Discounts have been applied to the rate of 2.84%. We offer other terms up to 84 months.
(2) Annual Percentage Rate of 3.14% is for an approximate term of 12-36 months. Payment example: 12 monthly payments of $84.76 per $1,000 borrowed at 3.14%. Discounts have been applied to the rate of 3.14%. We offer other terms up to 84 months.
(3) Annual Percentage Rate of 4.35% is for an approximate term of 12-36 months. Payment example: 12 monthly payments of $85.31 per $1,000 borrowed at 4.35%. Discounts have been applied to the rate of 4.35%. We offer other terms up to 120 months.
(4) Annual Percentage Rate of 4.25% is for an approximate term for 12-36 months. Payment example: 12 monthly payments of $85.26 per $1,000 borrowed at 4.25%. Discounts have been applied to the rate of 4.25%.  We offer other terms up to 84 months.
(5) Loan amounts $5,000 - $350,000. Maximum term is 20 years. No origination charges for loan amounts less than $100,000 unless an appraisal or property survey is needed. The maximum term for loan amounts $25,000 and under is 180 months. Over $25,000, the maximum term is 240 months. Available for first or second lien position only. Third lien position not allowed. Available on residential primary residences, second/vacation properties, and investment properties located in Texas. Maximum combined loan to value of 80%.
(6) Loan amounts $5,000 - $350,000. Maximum term is 20 years. No origination charges for loan amounts less than $100,000 unless an appraisal or property survey is needed. The maximum term for loan amounts $25,000 and under is 180 months. Over $25,000, the maximum term is 240 months. Available for first or second lien position only. Third lien position not allowed. Available on residential primary residences, second/vacation properties, and investment properties located in Texas. Maximum combined loan to value of 95%.
(7) A balance transfer could take up to six weeks to appear on your new card, depending on your previous card issuer. Check your accounts to track progress, and make sure you continue to make at least the minimum payment on the card you transferred the balance from on time to avoid late fees. 3% Balance Transfer Fee.