Get up to $350^* to do more New York

^*APR=Annual Percentage Rate.

Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Not all applicants will qualify for the lowest advertised APR. Your actual APR may differ and will be based on creditworthiness, loan amount, loan term, auto model year, and applicable underwriting criteria. Rates and terms are subject to change without notice. Lien placed on vehicle. Certain restrictions apply.

¹Displayed estimated payment (per $1,000) amounts and payment example assume excellent borrower history with FICO score of 760+, a maximum LTV of 125% of MSRP or JD Power Retail Value, and maximum loan amount of $100,000. Displayed monthly payment amounts are precision-rounded for disclosure purposes. Repayment metrics are derived from actual amortized math factors over the maximum loan term, and rounded payment totals may vary slightly across alternative interest rate columns.

Payment Example: A $20,000.00 loan with a 0-month term at 4.99% APR will have 0 payments of $0.00 and a final payment of $0.00. This example is for illustrative purposes; actual rates, terms, and payments will vary based on your individual credit profile.

^**A 0.25% percentage-point direct deposit rate discount is available only at the time of application and when a Qualifying Direct Deposit^† is set up on an Everyday Hero Checking account. Qualifying Direct Deposit must be established within 60 days of loan funding. If qualifying direct deposit is not established within 60 days, or if qualifying direct deposit is subsequently discontinued during the term of the loan, the interest rate and APR will increase by 0.25 percentage points, in accordance with the terms of the loan agreement.

^†A “Qualifying Direct Deposit” is a recurring electronic Direct Deposit of income from payroll, pension or government benefit payments (such as Social Security), made by your employer, payroll or benefits payor, or government agency via an Automated Clearing House (ACH) transfer. Each deposit must be identifiable as a direct deposit transaction through a valid ACH trace number. Teller deposits, debit card and ATM deposits or transfers, peer-to-peer transfers or payments including through Zelle®, Venmo®, Cash App, Apple Cash, Google Pay or similar service(s), Online and Mobile Banking transfers or deposits, transfers from another MCU account, or other in-person, ATM, or electronic transfer, such as wire transfer or one-time ACH deposits do not qualify as Qualifying Direct Deposits. MCU reserves the right to verify the source of all deposits and disqualify any that do not meet the defined criteria.

Minimum loan amounts:

• $10,000 up to 60 months
• $20,000 up to 72 months
• $30,000 up to 84 months

MCU will only finance vehicles purchased from franchise car dealers or the following independent dealers: TRUECar® Certified Dealers, Carvana®, CarMax® or Hertz Car Sales®.

Loans are available to all Municipal Credit Union members. Membership is open to anyone who lives, works, worships, or attends school in New York City (NYC), and family members or household members of existing MCU members. A primary share account is required to establish membership. Primary share accounts are the Hero Savings Account, the Smart Apple, and the Youth Savings Account. Membership eligibility is subject to verification. Certain restrictions may apply.

^*APR=Annual Percentage Rate.

The APR is the cost of credit over the term of the loan expressed as an annual rate.

Advertised Annual Percentage Rates (APRs) assume excellent borrower credit history. Not all applicants will qualify for the lowest advertised APR. All offers of credit are subject to standard credit approval requirements; Actual APR is based on creditworthiness, FICO score profiles, debt-to-income (DTI) metrics, underlying collateral evaluation, and applicable underwriting criteria. Rates and terms are subject to change without notice. Certain restrictions apply.

All loan terms are subject to credit approval and applicable loan program requirements. Applicants may be offered credit at higher rates and with different terms during the underwriting process, based on a full evaluation of their credit profile and other relevant factors. Certain loan programs may not be available to all applicants.

¹Payment Example, Rate, and Payment Assumptions. The Interest Rate, APR, and Estimated Monthly Payment assume the mortgage is a conforming loan. The property is an existing single-family home used as the borrower's primary residence in Queens County, New York, with a Loan to Value (LTV) ratio of 80% or less on a purchase mortgage, and assumes the highest credit rating. The Estimated Monthly Payment reflects principal and interest only and does not include property taxes or homeowners insurance (actual payments will be higher). Each payment amount will apply over the term of the loan.

Conforming mortgage loan limits for 1-4 family homes are $832,750, $1,066,250, $1,288,800, and $1,601,750, respectively. Mortgage loan amounts that exceed the conforming limits are considered jumbo mortgages or high balance mortgages if applicable.

The rates displayed are subject to change without notice. Additional factors that may not have been considered may affect your final rate. This is not a commitment to make a loan, nor is it a guarantee that you will receive these rates or points if you are approved for the loan. Loans above 80% LTV may require private mortgage insurance. Rates and points can be locked in only after your completed loan application is received.

Loans are available to all Municipal Credit Union members. Membership is open to anyone who lives, works, worships, or attends school in New York City (NYC), and family members or household members of existing MCU members. A primary share account is required to establish membership. Primary share accounts are the Hero Savings Account, the Smart Apple, and the Youth Savings Account. Membership eligibility is subject to verification. Certain restrictions may apply.

^*APY=Annual Percentage Yield.

Rate, Maturity, and Deposits:

Dividend rates and APYs are fixed for the initial term based on the Rate Schedule. The minimum deposit to open a standard Share Certificate is $5,000 . Additional deposits are generally prohibited except for the 18-Month Deposit Plus Share Certificate and 18-Month Secured Visa Share Certificate. New Money promotional rules require funds not currently on deposit with MCU or transferred within seven (7) days.

Dividends, Penalties, and Renewal:

Dividends compound and credit monthly using the Daily Balance Method. Early withdrawal penalties apply (90 days of dividends for 6/9-month terms; 180 days of dividends for 12, 24, and 36-month terms). Accounts automatically renew at maturity unless changed, backed by a ten (10) day grace period.

^**12 Months – $5K New Money: You may be eligible for a 0.50% increase on the current Dividend Rate on the 12 Months Share Certificate account if you meet certain eligibility requirements. To be eligible, you must open a 12 Month Share Certificate account or renew an existing 12 Month Share Certificate account in-person at one of our branches, through our Digital Banking platform, or through our mail-in renewal process. You must also deposit a minimum of $5,000 of New Money^† into the Share Certificate account at the time of opening or renewing. Any funds that you want to deposit in addition to the $5,000 of New Money may come from accounts you currently have with us and those additional funds will earn the stated APY. The account will automatically renew into the 12 Month Share Certificate and will be subject to the Dividend Rate, APY, and other terms and conditions of the 12 Month Share Certificate in effect at the time of renewal unless the account is closed prior to maturity or during the ten (10) day renewal grace period or the eligibility requirements of the 12 Months – $5K New Money at satisfied during the ten (10) day renewal grace period. An early withdrawal penalty will apply if the account is closed prior to maturity.

^†“New Money” is defined as funds that are not on deposit in any MCU account at the time the account with the New Money requirement is opened. The New Money requirement may be satisfied by: (1) making a deposit of New Money directly into an account bearing a New Money requirement; or (2) making a deposit of New Money into a savings or checking account and transferring the New Money into the account bearing the New Money requirement within seven (7) days of the date of deposit. Funds transferred into an account bearing a New Money requirement from any MCU account after seven (7) days from the date of deposit will not be eligible to satisfy the New Money requirement.

Membership is open to anyone who lives, works, worships, or attends school in New York City (NYC), and family members or household members of existing MCU members. A primary share account is required to establish membership. Primary share accounts are the Hero Savings Account, the Smart Apple, and the Youth Savings Account. Membership eligibility is subject to verification. Certain restrictions may apply.

View Truth-in-Lending Rates and Fees Schedule

^*APR=Annual Percentage Rate.

Advertised introductory percentage rates assume excellent borrower credit history. APRs and promotional calculations are based on assumed minimum credit lines of $100,000 unless otherwise noted. Rates and terms are subject to change without notice. All offers of credit are subject to standard credit approval requirements; applicants may be offered lines at higher rates or different terms depending on approved creditworthiness, FICO score profiles, debt-to-income (DTI) metrics, and underlying collateral evaluation.

¹STANDARD PROMOTION

Borrowers with credit scores of 620 – 719 1st or 2nd lien position may receive an introductory 6.25% fixed APR for the first 12 months with a maximum 80% Combined Loan-to-Value (CLTV). An immediate draw of $25,000 will be required at closing.

²2nd LIEN SPECIAL PROMOTION

Borrowers with credit scores of 720 and above 2nd lien position may receive an introductory 5.99% fixed APR for the first 12 months with a minimum loan amount of $100,000 and a maximum of 75% Combined Loan-to-Value (CLTV), with a required initial draw depending on the approved loan amount. The initial draws are as follows:

1. Loan amount of $100,000 requires a minimum draw of $25,000.
2. Loan amount between $100,000.01 - $250,000 requires a minimum draw of $50,000.
3. Loan amount between $250,000.01 - $500,000 requires a minimum draw of $100,000.

Minimum draw at closing required.

³1st LIEN SPECIAL PROMOTION

Borrowers with credit scores of 720 and above 1st lien position may receive an introductory 5.49% fixed APR for the first 12 months with a minimum loan amount of $100,000 and a maximum of 75% Combined Loan-to-Value (CLTV), with a required initial draw depending on the approved loan amount. The initial draws are as follows:

1. Loan amount of $100,000 requires a minimum draw of $25,000.
2. Loan amount between $100,000.01 - $250,000 requires a minimum draw of $50,000.
3. Loan amount between $250,000.01 - $500,000 requires a minimum draw of $100,000.

Minimum draw at closing required. Municipal Credit Union cannot pay your mortgage recording fees or mortgage transfer taxes for this specific 1st Lien special promotion.

ALL PROMOTIONAL RATES

The introductory promotional APR is discounted, is not based on the index and margin used for later adjustments, and is fixed for the initial one-year (twelve-month) period. Municipal Credit Union Home Equity Lines of Credit feature a draw period of up to 10 years with interest-only payment options. Following the conclusion of the 10-year draw period, the outstanding balance enters a 20-year repayment lifecycle requiring fully amortized principal and interest installments.

After the initial 12-month fixed introductory period expires, your standard APR converts to a variable rate calculated by combining The Wall Street Journal Prime Rate index with your qualified margin tier. The annual percentage rate may vary and is equal to the highest Prime Rate published in the Wall Street Journal on or before the last day of the preceding monthly billing period plus a margin between 0% and 4% based on creditworthiness. Following conversion, a HELOC line carries an absolute lifetime floor minimum APR of 3.00%, and the maximum lifetime variable APR that may be imposed is capped at 6.00% above your initial interest rate at closing up to a maximum ceiling of 18.00%.

The Prime Rate is 7.00%.

Covered closing costs will be paid on behalf of the borrower by MCU at account initiation, provided that at closing you take a minimum initial advance of $25,000 and keep your line of credit open for at least 36 months (three years). If the HELOC account is voluntarily closed and satisfied within the first 36 months, you will be required to reimburse MCU for certain fees paid to third parties. Paid closing costs subject to this 36-month recapture provision include the initial property valuation source fee, title property report, municipal lien search, credit report fee, and flood zone tracking certification. These third-party fees generally range between $135.00 and $10,500.00 depending on the line volume, localized property values, and real estate types.

For qualifying standard promotions, borrowers retain the custom option to have the mandatory local mortgage recording fees and state mortgage transfer taxes paid directly by MCU at closing in exchange for an additional 0.500% rate premium added directly to their introductory promotional rate and subsequent fully indexed variable rate for the lifetime term of the line. These tax and recording expenses remain subject to the 36-month early satisfaction repayment recapture provision.

HELOCs are secured by a junior or senior mortgage on your primary residence. Primary residential properties must consist of eligible single-family or multi-family homes; co-ops, condominiums, and non-owner-occupied investment properties are not accepted. Valid property hazard insurance is strictly required at all times. Supplemental flood insurance coverage will be mandated if the property is determined to sit within a designated Special Flood Hazard Area (SFHA). Combined Loan-to-Value (CLTV) thresholds apply.

Loans are available to all Municipal Credit Union members. Membership is open to anyone who lives, works, worships, or attends school in New York City (NYC), and family members or household members of existing MCU members. A primary share account is required to establish membership. Primary share accounts are the Hero Savings Account, the Smart Apple, and the Youth Savings Account. Membership eligibility is subject to verification. Certain restrictions may apply.