View Message

Alert
We are currently experiencing intermittent issues with Zelle outbound payment services within Digital Banking. Our team is actively working to resolve the issue as quickly as possible.

We appreciate your patience and understanding as we work to restore full service and enhance your digital banking experience.

Thank you for being a valued member.

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!

put-more-power-in-your-pocket_image-isolated
get-rewarded-for-growing-nest-money_dots

Know Before You Buy: Refinancing with MCU

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

checkmark-icon-1

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.

checkmark-icon-1

Refinance Non-MCU Loans

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

checkmark-icon-1

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!

checkmark-icon-1

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)
application-checklist-background_dots-left
application-checklist-background_dots-right
APPLIC_3

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
MCU-homepage-mobile-mockup-V3

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.

top top
bottom

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.

taxscams

Avoid Tax Scams

Protect Your Finances This Season Tax season is not just a busy time for filers—it’s also prime time for scammers looking to steal personal and financial ...

The Smart Borrower’s Guide

Securing a personal loan in New York City can be a game-changer for tackling unexpected expenses, consolidating debt, or funding major purchases. But how do you ensure you get the best rate? ...

Personal Loans vs. Credit Cards

When it comes to borrowing money, two of the most common options are personal loans and credit cards. Each has its advantages and drawbacks, and the right choice depends on your financial needs ...
FAQs

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.

final-cta-green-visual-asset_left
final-cta-visual-asset_right
final-cta-visual-asset-paint-stroke
You are now leaving the Municipal Credit Union website and entering a website hosted by another party. A link to this site is being made available for convenience and informational purposes only. Any products or services accessed through this link are not being provided by Municipal Credit Union and are solely the responsibility of the vendor or merchant hosting this other website. Please be advised that the vendor or merchant hosting this other website may have a privacy and information security policy that is different than that of Municipal Credit Union. Municipal Credit Union disclaims any responsibility for the content of the third-party website you are about to access.