NEWS & INFORMATION
City Hall building is closed again to the public.
You can reach the Credit Union at (978) 970-4088 during the following hours.
CHECKS BY MAIL ONLY
Business Hours 12/15/20 | |
Monday | 8:30 AM to 2:00 PM |
Tuesday | 8:30 AM to 4:00 PM |
Wednesday | 8:30 AM to 2:00 PM |
Thursday | 8:30 AM to 4:00 PM |
Friday | CLOSED |
Closed Weekends & Holidays |
Vacation Loans
It’s vacation season! Now is the time to take out a low rate vacation loan. We have vacation loans as low as 9.00% APR*
*APR = Annual Percentage Rate
Download a Loan Application

Save The Date – Thursday, March 25, 2021
CREDIT UNION HOLDS ANNUAL MEETING/ELECTIONS FOR BOARD OF DIRECTORS
Elections for the Lowell Municipal Employees Federal Credit Union Board of directors will take place:
Thursday, March 25, 2021
VIA ZOOM
(if interested in attending, please call the office for instructions)
Four positions on the board are available. The incumbents are:
T.J. COOPER
GEORGE PILATO
GLENN RIVARD
MATTHEW SANDELLI
All members that are interested in running for a position must fill out a nomination form at the credit union. Please submit all nomination papers in care of:
ED ZAPATKA
CHAIRMAN OF THE SUPERVISORY COMMITTEE
By Tues. March 9, 2021
* * *
Nomination papers will be available in the credit union office beginning
February 25, 202
Loan Rates
Tier | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
---|---|---|---|---|---|
1 | 1 Year | 650-850 | 42.00% | $6,000.00 | 2.50% APR* |
2 | 1 Year | 600-699 | 38.00% | $4,000.00 | 2.75% APR* |
3† | 1 Year | 500-599 | 32.00% | $2,000.00 | 3.00% APR* |
Tier | Type | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
---|---|---|---|---|---|---|
1 | Unsecured | 4 Years | 700-850 | 42.00% | $15,000.00 | 10.00% APR* |
2 | Unsecured | 4 Years | 600-699 | 38.00% | $10,000.00 | 11.00% APR* |
3† | Unsecured | 4 Years | 500-599 | 32.00% | $5,000.00 | 12.00% APR* |
Tier | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
---|---|---|---|---|---|
1 | 1 Year | 700-850 | 42.00% | $2,500.00 | 9.00% APR* |
2 | 1 Year | 600-699 | 38.00% | $2,000.00 | 10.00% APR* |
3† | 1 Year | 500-599 | 32.00% | $1,500.00 | 11.00% APR* |