Request a Deferral today
If you are struggling to make your mortgage payment during this difficult time, MCU is here to help. We are offering a variety of different opportunities to existing eligible* members with a current Mortgage product with MCU including:
No mortgage payments for 90 days
- Waiving late payment fees and any online payment fees for 90 days
For more information, please contact a member of the MCU Team Monday through Friday from 9am to 6pm at 212-669-6686.
NYMCU Online/Mobile Banking:
As the Coronavirus (COVID-19) situation continues to evolve to include states of emergency being declared and restrictions placed on the number of people allowed to gather in public places, we strongly recommend that you use MCU’s digital tools and ATMs for self-service banking and 24/7 account access.
Through NYMCU’s Online Banking and the Mobile App
you can make payments, view balances and transactions,
find an ATM,
deposit checks using Mobile Deposit and more.
Via our Mobile Deposit feature within MCU’s Mobile Banking app, you will now be able to deposit $3,000 per Business Day and $10,000.00 per rolling thirty (30) day period.
Municipal Credit Union is here to help you and your family through this difficult time. Thank you for being a valued member of Municipal Credit Union.
*Emergency credit solutions are subject to evaluation on a case by case basis and individual member creditworthiness. For Members with an existing loan, the member must be current with their loan payments and in good standing. Membership required. Federally Insured by the NCUA. Equal Housing Opportunity.
**APR = Annual Percentage Rate. With approved credit and requires direct deposit or automatic payroll deduction as the method of repayment. The APR for personal loans will increase by .50% after consummation if automatic payroll deduction or direct deposit is cancelled. For example, if you hoose a 60 month personal loan, your payments will consist of 60 monthly payments of $18.85 on each $1,000 borrowed at 4.95% APR. The total cost estimate of a $10,000 loan at 4.95% APR repaid over 60 months is $1,309. The APR of 4.95% is available for loan amounts up to $15,000 – higher rates apply for loan amounts over $15,000. Rates may be higher based on your creditworthiness. Repayment terms range from 12 months to 72 months. APRs range from 4.95% to 12.95%. Late payment fee of $25.00. Certain restrictions apply. Rates and terms are subject to change without notice. Membership is required.
***Interest will accrue from the inception date of the loan. This offer does not apply to auto loans currently financed with Municipal Credit Union. Offer applies to new, used or refinanced vehicles from another financial institution.
Federally Insured by NCUA.