Financing: WMCU wants our members to achieve their financial goals! We provide lending products designed to fulfill the needs and desires of our membership. All of our loans have favorable repayment terms, low rates (often the lowest in the market) and payroll deduction/direct deposit options to simplify repayment!
- Vehicle-secured loans: We finance new and used vehicle purchases as well as refinances from other lenders. WMCU can also use the "equity" in your vehicle to help achieve other goals such as paying off high-interest rate credit cards or financing home improvement projects. We also help our members get the best deal on new and used vehicle purchases. Call us today to ask about preapproval!
- Signature loans: These are unsecured loans (your signature is the collateral for the loan). Signature loans are quick and require very little paperwork or processing time, in most instances. Our signature loan rates compare favorably to credit cards and they have the benefits of a fixed repayment term so you will know when the loan is finished. Eliminate the credit card balances that never seem to decrease! Taxes, vacations, holidays, electronics and other needs are all popular signature loan requests.
- Share/Certificate-secured loans: By using money in your account as collateral for a loan, you can enjoy several benefits! Minimal paperwork required for the loan. Members do not have to worry about securing liens to collateral or carrying extra insurance coverage. The funds are in your account but pledged for loan security. We only hold the amount required to cover the current loan balance. As you repay, funds become available for you to use as you wish. Finally, since there is minimal risk to the credit union, interest rates are super-low on share and certificate-secured loans and terms are very flexible!