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For the safety and security of our members and MCU team, please note that the hours of operation for the South Bronx Branch ATM lobby located at 560 Courtlandt Avenue Bronx, NY have recently been updated.

For the most current hours and to locate a nearby Branch/ATM, please visit our Branch/ATM locator tool.



Your Go-To Partners for Reliable Auto Refinancing

Don’t let expensive auto loans limit your financial progress. Find an affordable and easy-to-manage auto loan solution with our refinancing options.

Put More Power in Your Pocket with Our Refinancing Options.

Together, we can simplify your current auto loan payments and save you money. Enjoy fee-free refinancing: no application fees and no prepayment penalties. Saving has never been easier!


Know Before You Buy: Refinancing with MCU

Get the info you need to make a decision about refinancing your auto loan with MCU today.


No Hidden Fees or Penalties

We’re here to help you save your hard-earned money—not take it. Members enjoy waived application fees and never have to worry about prepayment penalties.


Refinance Non-MCU Loans

We refinance loans from other financial institutions, for vehicles with less than 100,000 miles.


Registration and Ownership Required

We can only refinance loans if they belong to you. Got a friend or loved one with an auto loan that needs refinancing? It’s easy to become a member today!


Personal-Use Vehicles Only

Refinancing options are only available to drivers who use their car primarily for personal use and not for commercial use including taxi, Uber, Lyft, etc.

Your Refinancing Application Checklist

Ready to simplify and save?

Here’s What You Need to Apply:

  • Car registration to verify the VIN
  • Insurance card
  • Loan amount from your current finance company (sometimes called a 10-Day Payoff Letter)
  • NY Certificate of Title to verify title number (NY state only)

Banking That’s Always by Your Side

Looking to refinance your vehicle? If you have the NYMCU Mobile and Online banking apps, you’re already on the right track! We make it easy to apply for refinancing or any other type of loan online, as well as set up Automatic Transfers and Bill Pay to help ensure your payments are always made on time.

Download the Mobile Banking App

Looking for a Different Type of Loan?

We offer our members a wide array of lending products with competitive rates and terms.

No Matter Where You Are in Life, We’re Right There with You.

At MCU, we believe that a credit union should be a lifelong source of financial education and support—from planning for college to saving for retirement and everything in between.

That’s why we have specialized recommendations for products and services designed to help you meet your goals (both short-term and down the road), based on your changing needs and priorities.

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Resources and Tools for Financial Planning

Membership in our community is about more than just banking. As an MCU member, you can access valuable information and resources to help you plan and reach your financial goals.

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What to Consider Financially As A First-Time Homebuyer

So, you’re ready to buy your first home. Congratulations! For many people, taking this step is one of the biggest financial moves they will make in their entire lives. Because of ...

Mortgages 101: Getting Started on The Path to Homeownership

When you embark on the search for a new home, you may think you know the steps to take: Read the listings, visit some open houses, sign on with a Realtor, make an offer. In fact, ...

Got Questions? We’ve Got Answers.

What is a prepayment fee?

A prepayment fee is a fee for paying off your loan early. We waive repayment fees for our members when they choose to refinance with us.

How does auto refinancing work?

Refinancing your car means replacing your current auto loan with a new one. Refinancing your auto loan can drive down your monthly payment cost and help you avoid prepayment penalties.

Will refinancing transfer ownership of my car to someone else?

No! Registered owners will retain ownership of the vehicle even if they decide to refinance.

Driving Community Success for Our Members

No matter where you are in life or what goals you’re working toward, MCU is ready to assist you with educational resources, reliable banking products, and personalized service designed to help you create an exceptional financial future.

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