We’re Here For You
LOWELL MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
DO YOU NEED A SPRING AHEAD LOAN??
ARE YOU A MEMBER OF THE CREDIT UNION??
The LMEFCU will be accepting applications for
“SPRING AHEAD LOANS”
AVAILABLE, APRIL 1, 2024 – JUNE 30, 2024.
Loans are approved and interest is based on credit reported by EQUIFAX.
Maximum Loan Amount (Base on Credit Score): $2,500.00
CREDIT SCORE: PMT PERIOD: INTEREST RATE: MAX. AMT.:
650 OR MORE 26 WEEKS 6% $2,500.00
600-649 26 WEEKS 7% $2.000.00
*500-599 26 WEEKS 8% $1,500.00
(* Requires co-signer with score of 650 or higher)
Existing SPRING AHEAD Loans: Balance must be paid before new loan proceeds are dispersed.
The present credit union policy allows for only 2 unsecured loans at any point in time.
NOT A CREDIT UNION MEMBER?? No Problem! If you are an employee of the City of Lowell or the Town of Dracut, you are eligible. Become a member today, we’re located in Lowell City Hall Room 11 our hours are Mon, Wed, Thu 8:30am until 4:00pm Tues. 8:30am until 8:00pm Friday CLOSED
NEWS & INFORMATION
City Hall building is open to the public.
You can reach the Credit Union at
(978) 970-4088 during the following hours.
Business hours of the credit union as of August 1, 2022
AUTO LOANS
NEW VEHICLES
USED VEHICLES
*APR = Annual Percentage Rate, APY = Annual Percentage Yield. Individuals with credit scores of 350-499 are not eligible for consideration.
Tier 3 Co-borrower with at least a 650 or higher credit score and credit committee approval. Per/$1,000 is estimate only and based on maximum loan terms.