Effective date: March 29, 2017
|New Vehicle||as low as *2.20%APR|
|Used Vehicle||as low as *3.25%APR|
|(2010 - 2014)|
|Recreational Vehicle||Please call for rates and terms|
|($10,000.00 limit)||as low as *7.00%APR|
|as low as *8.00%APR|
|as low as *9.00%APR|
|Open End||Please call for rates and terms|
|Holiday Loan Special||12 Months||as low as *5.99% APR|
|Mortgages (Owner occupied)|
$10,000.00 Minimum $450,000.00 Maximum
|First Fixed||10 Years||3.75% APR|
|15 Years||4.50% APR|
|First Variable||up to 30 years - APR determined by the Prime Rate as published in the WSJ plus 1% (ref: WSJ)
Adjustable every quarter 2% annual cap
|HELOC||Rate is based upon borrowing up to 80% of the equity of the home.
APR is based on the Prime Rate and as published by the Wall Street Journal.
The term is 20 years with an 8 year draw and a 12 year repayment of principal and interest.
The APR is not to exceed 15%.
* Rate is based upon an evaluation of applicant credit and underwriting standards.
APR = Annual Percentage Rate
All credit union loan products, rates, terms and conditions are subject to change without notice.
Life's constant changes demand that you have financial flexibility, and there's no easier way to get it than here at your personal loan company – Merritt Federal Credit Union.
Save money with today's best personal loan rate, lower your payments to ease the strain on your monthly budget, simplify your life, handle emergencies with ease and gain flexibility with loans you can use for any expense – from vacations, to education, to special purchasesGet Started
Membership eligibility is open to SNET, AT&T, Lucent and NyNex employees and their families in Fairfield County. We encourage all of our members to take advantage of the many services that we make available to them.
Not a member yet? Credit Union membership has its privileges. Here's how you can benefit from using Merritt Federal Employees Federal Credit Union.Get Started
Our members expect more convenience, personalization, accessibility and ease of use via web, mobile, social and in-person. At Merritt FCU, we have expanded our fraud prevention resources to meet evolving member expectations.
Today's trends require a new approach that anticipates, recognizes and services everyone's individual needs. Technology does not prevent human mistakes. You also need a consumer education solution that will help you make less mistakes. As your trusted advisor, we'll expand your understanding of how to stay safe from fraud.Get Good Advice & Safety Tips