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^*APR = Annual Percentage Rate.

APR as low as includes a 0.25 percentage-point rate discount for borrowers who establish and maintain qualifying direct deposit to an MCU Checking account. Without qualifying direct deposit, the APR will be 0.25 percentage points higher. Not all applicants will qualify for the lowest advertised APR. Actual APR is based on creditworthiness, loan amount, loan term, and applicable underwriting criteria.

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.

All loans are subject to credit approval, MCU membership eligibility, and applicable program requirements. Rates, terms, and conditions are subject to change without notice. Other restrictions may apply.

¹Direct Deposit Discount: Available when Direct Deposit is elected at application and established to an MCU checking account within 60 days of loan opening. No minimum Direct Deposit amount is required. If Direct Deposit is not established within 60 days, the discount will be removed, and the applicable interest rate will increase by 0.25 percentage points. Other eligibility requirements and restrictions may apply.

²Personal Line of Credit Terms and Conditions

Personal Line of Credit (PLOC) Terms and Conditions: The Annual Percentage Rate (APR) for the Personal Line of Credit (PLOC) is an open-end variable rate determined by the Prime Rate plus a margin. The APR will fluctuate with the Prime Rate (the index) as published in the Wall Street Journal. As of October 1, 2026, the variable unsecured personal line of credit APR provided by Municipal Credit Union (MCU) is as low as 12.00% to 17.50%, with the margin varying based on credit score. Account approval is subject to credit assessment. Lowest rates are reserved for the most creditworthy borrowers.

The Prime Rate is 7.00%.

A 0.25% direct deposit discount is available only at the time of application. If you remove direct deposit, the discount is removed.

To apply for a Personal Line of Credit, you will be required to authorize MCU to conduct a credit check, which will appear as a hard inquiry and may impact your credit score. The line of credit may be reduced or further extensions limited under certain circumstances.

Approval requires new or existing MCU membership.

The Personal Line of Credit will be linked as an overdraft protection line for any MCU checking account. The overdraft items may not be paid, and an NSF fee may be assessed if the Personal Line of Credit lacks sufficient available credit to pay the overdraft item, and the transaction may be declined. There is no annual fee or per-transaction fee for overdraft protection, and the standard APR will apply to any advances used to cover paid overdraft items.

The Personal Line of Credit Agreement and Disclosure outline the terms and conditions, while the Truth-In-Savings Rates and Fee Schedule specify the applicable billing amounts for your MCU deposit accounts. You can obtain a copy of the disclosure by visiting a branch, online at the Forms and Disclosures page, or calling 1-844-MCU-NYNY (1-844-628-6969).

MCU reserves the right to modify or discontinue products and benefits based on market conditions and borrower eligibility.