Personal Loans

Personal Loan
rates

Share loans: Annual Percentage Rate (APR) is based on share rate at time of loan funding and length of loan. Rate could be as low as 2.5%. Contact the Credit Union for a personalized quote.

Share Certificate loans: Annual Percentage Rate (APR) is based on share certificate rate at time of loan funding and length of loan. Rate could be as low as 2.5%. Contact the Credit Union for a personalized quote.

Since Melrose Credit Union has an open New York State charter there are no geographic or group affiliation field of membership restrictions. So, regardless of where you live or how you earn a living, you may qualify for membership. There is a $1.00 one time membership fee and a minimum opening deposit of $25.00. Individuals must provide:

  • Valid Photo ID
    (Driver’s License, Non-Driver ID, Passport)
  • Proof of Address (Utility Bill)
  • Social Security Number