Credit Union Loans

Achieve your goals with Money Federal Credit Union loans. When you’re looking for the best loans near me – look at us, Money FCU. What loan are you looking for? Don’t let your dreams wait. Loans help people every day to build the life they want. With Money Federal Credit Union loans, your dreams are within reach. Realize your best life with Money FCU loans.

credit union loans - what do I need

Benefits of getting loans near me from Money FCU.

There are many benefits to working with a local federal credit union loan officer. Read, the Advantages of Working with a Local Syracuse Credit Union Vs. a Bank. Let’s talk about some specific advantages that come with getting credit union loans from Money FCU.

One advantage we offer members is to skip a loan payment in a hardship crisis, or just when you need a little extra cash. Many people experience times of financial troubles from time to time, and we understand that. Secondly, our car loans offer optional gap coverage. Gap coverage is insurance for a stolen or destroyed vehicle. Gap coverage satisfies the difference between the insurance company settlement and the amount owed on the loan. Finally, Money FCU offers Credit Life and Disability Insurance. When applying for a loan with Money FCU, you’ll have the option to add insurance to cover loan payments when you cannot make them. Life insurance on a loan ensures your loved ones don’t take on your debt after you pass. If it’s a joint loan or there’s a co-borrower, life insurance actually covers both parties.

credit union loans - what do I need

What do I need to apply for credit union loans?

Applying for credit union loans is relatively simple and takes approximately 10 to 15 minutes. You must be at least 18 years old to qualify.

For new members, you will be asked to provide a valid photo ID (driver’s license, passport, or military ID) and proof of income (paystub, benefits statement, etc.) If you’re self-employed, we ask that you provide last year’s tax return. You will also need to provide proof of residence if your ID does not have your current address (utility bill, bank statement, etc.) If you’re applying with a consigner, please be sure to have this information available for both parties.

credit union loans - how do I apply

How do I apply for credit union loans?

The application process is simple. You can apply online at any time. Complete the loan application indicating what type of loan you’re looking for and the loan amount you’re looking to borrow. Then, select the length of the loan and provide the necessary documents listed above. Existing members can apply within online banking or our mobile app.

That’s it. The loan application then goes into processing. Typically, we have most loans approved and the funds available within 1 business day once we receive all the necessary documents. Mortgages and home equities have a longer processing time.

credit union loans - approval time

How long does it take for loan approval?

Typically the loan process and approval are completed within one business day to 72 hours. You may come into the downtown Syracuse branch or apply online. To ensure the quickest possible turnaround time, please be sure to provide all the necessary paperwork to your lender when submitting your loan application. Having that information ready in advance helps to avoid unnecessary delays.

Loan Calculator

Personal Loan vs. Secured Loan

Personal Loan

A personal loan usually has lower maximum loan amounts. Loan amounts through Money FCU allow the borrower a household maximum of $15,000 for personal loans. The total amount you can borrow is based on your credit score.

Secured Loan

Secured loans allow you to borrow more money for greater amounts of time because your collateral insures the funds. Secured loans have something backing the loan (like a car or house), which means that you put up assets as collateral against the loan.

The Credit Union is where I got my start and has always taken good care of me despite moving 10 different times.

Bruce – Tallahassee, FL
credit union testimonial Kelli

You guys are always so friendly when I call, I love calling all of you because you’re always so upbeat and nice!

Kelli – DeWitt, NY

I started banking with you in 2000, almost 19 years ago. Best bank ever, I moved to CA and you made banking easy when doing electronic banking wasn’t really popular yet.

Jesse – Syracuse, NY

Everything, anything you guys do with me is done 200%. I KNOW that you’ve got my back.  Thank you for this, and for everything you help me with. I truly appreciate it.

Marian – Mahopac, NY

I commend your staff; they are always very pleasant and willing to assist my needs.  Customer Service is very important to me and the credit union definitely shines in this area.

Kathy – Clay, NY

This is by far the best credit union, you guys are so good, you’re always on top of everything and you make me feel like my account is safe.

Regina – Phoenix, NY

I do not say it often enough, but you have great staff!  Nothing is ever a problem, they are terrific!  Amy just helped me out big time and Debbie is always my #1 at the credit union.

Jeff – Wake Forest, NC

I just wanted you to know that it is so nice to get a real person when I call in instead of an automated machine.  I really appreciate it.

Anne – Pittsboro, NC

I just LOVE all of you there. People ask me why I use a credit union in Syracuse and I tell them you can’t beat the customer service!

Denise – Monroe, NY

Thank you for watching for fraudulent activity so diligently.  Not only do you notify me when there is suspicious activity, but you are quick to help recover the money.

Sandy – Liverpool, NY

I’ve been in Charlotte for 7 seven years and I will not change banks because of this type of customer service.

Elliot – Charlotte, NC
credit union testimonial Catherine

Thank you MFCU for all the work you do and for really treating your customers like family.

Catherine – Baltimore, MD
credit union testimonial Michelle

I have to say it again – our credit union is absolutely the best! Hands down, no one else even comes close to the exceptional customer service and knowledge that you receive at Money FCU.

Michelle – Syracuse, NY
credit union testimonial Cindy

I told the car dealer I am sure that I want use Money for financing. The difference is only $7.00 per month. You have the very best customer service of any financial institution that I have worked with. Your customer service is worth every penny of the $7 per month and then some!

Cindy – Tully, NY
credit union testimonial Diane

Each representative takes a special interest in any request made, with coordinating efforts by everyone. At a time when I was in transition, MFCU gave attention to what I needed to continue with them, now over 40 years.

Diane – Wilton, CT
credit union testimonial Michael

I have been a member since 1987 and would NEVER, NEVER, EVER leave Money FCU under ANY circumstances!!

Michael – Clifton Park, NY
credit union testimonial Lisa

I wanted to let you know how much I love having Money instead of Chase! You guys have all been amazing since I have opened my account and I am so happy that I switched!!

Lisa – Syracuse, NY
credit union testimonial Henry

I just love Debbie. She’s my hero!

Henry – Gastonia, NC
credit union testomonial Tony

As we are wrapping details around our third vehicle loan inside of a year or so, I just want to say thank you again. Your customer service is off the charts, and you are a pleasure to deal with.

Anthony – Phoenix, NY
credit union testimonial Pat

Thank you to all of you! You girls are so wonderful! I love my credit union.

Pat – Syracuse, NY
credit union testimonial Lisa too

I thought I would take this opportunity to share with you what phenomenal employees you have. We couldn’t be happier to be blessed enough to have found MONEY FCU, and all that this bank encompasses.

Lisa – Baldwinsville, NY
credit union testimonial Angela

I moved everything out of M & T Bank to you because of the service I receive. I just love you guys!

Angela – Manlius, NY
credit union testimonial Robin

MONEY Federal Credit Union is people – a great group of people – who leave no doubt that while they are helping me, I am the most important thing going on that day.

Robin – Chappaqua, NY
credit union testimonial Jason

I am not sure who is working their magic, but without it my wife and I wouldn’t be able to purchase this house we fell in love with in a neighborhood we fell in love with. I truly appreciate everything Money Federal Credit Union does for my family!

Jason – Baldwinsville, NY

YOU ROCK!!

Kerry – Ossining, NY
credit union testimonial Erik

I have been a member since around 1992 or so and, even though I no longer work at Mutual of New York I have had nothing but excellent service from EVERYONE and I will never stray.

Erik – East Syracuse, NY

When you walk in the door you are always welcomed with a smile and happy greetings. Nothing is ever hard to do. When I need a loan it’s done and ready for me and I don’t even have to do anything! Just come in and sign!

Deb – Liverpool, NY
credit union testimonial Vera

You guys are the greatest. So professional and up to date with technology!

Vera – Warners, NY
credit union testimonial Danielle

I have been banking with MFCU since I was 17 years old. I left NY and banked with other companies but I came back to MFCU. I am so happy that I did!! Your staff has always been so helpful. I just figured you would want to know that your staff is great and they deserve an extra day off :)

Danielle – East Syracuse, NY
credit union testimonial Eileen

You guys haven’t changed a bit since I opened my account in 1987! You are all still so nice to deal with and I’m glad the changing times hasn’t hardened you into being unappreciative of your members. I now live in NJ and you are the best Credit Union I have ever had the pleasure of doing business with!

Eileen – North Arlington, NJ

I remember when I joined the CU in 1980 and you were located in a closet upstairs, and you would write the number of members and the percentage rate on a chalk board on the wall.

Joanne – Syracuse, NY

I just wanted to let you know that your staff has been so helpful since the move out of the building. The staff is always quick and kind. You said that a Credit Union is much like a Bank…I would say that the Credit Union is much better than a bank. I appreciate you guys!!

Michele – Baldwinsville, NY
credit union testimonial Lisa 3

I just wanted to let you know how awesome you are! I tell anyone who’ll listen about the GREAT customer service I get from the MONEY FCU. With commercial banks becoming less and less friendly and helpful and more and more costly, you guys are the best thing around!

Lisa – East Syracuse, NY
credit union testimonials John

I just went through one of the most painless processes getting a home improvement loan. I couldn’t believe how quick and smoothly everything went. I was quite impressed at the level of service. A special thank you also goes out to Debbie for her efficiency and for being so easy to work with!

John – Camillus, NY

I love you guys, one call and it’s done. Love, love, love you all.

Kathy – Fair Lawn, NJ

I just went through the process of taking out a car loan. If it weren’t for Melissa, I wouldn’t have been able to get things done. I wasn’t sure about what to do for so many things, but Melissa did! She was always there for me, quick, soooooo much help. Lucky for me I was smart enough to join your credit union years ago.

Katie – Syracuse, NY
credit union testimonials Meg

I am so grateful to have such kind and helpful people to work with on my banking needs.

Meg – Webster, NY
credit union testimonial Tom

When our office moved I decided to keep my account with you because I don’t mind the 10 minute drive downtown to deal with you guys because you’re always so helpful and friendly.

Tom – Syracuse, NY

I’m ready to apply for a loan!

Great, let’s get you started! Apply for a Money FCU Loan today. Want to learn more about any of our services before you apply? Call (315) 671-4000 or chat with our friendly agents. We are ready to answer any of your banking questions.

Let’s Get Started