Access to this site is restricted to authorized Credit Union members only. Any unauthorized access shall be prosecuted to the fullest extent of the law.
We’re Here For You
LOWELL MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
DO YOU NEED A VACATION LOAN??
ARE YOU A MEMBER OF THE CREDIT UNION??
The LMEFCU will be accepting applications for
“VACATION LOANS”
Loans are approved and interest is determined based on credit scores reported by EQUIFAX.
Approval also depends on the amount of monthly debt.
Maximum Loan Amount (Base on Credit Score): $3,000.00
CREDIT SCORE: PMT PERIOD: INTEREST RATE: MAX. AMT.:
650 OR MORE 52 WEEKS 9% $3,000.00
600-649 52 WEEKS 10% $2,500.00
*500-599 52 WEEKS 11% $2,000.00
(*REQUIRES A CO-BORROWER WITH A SCORE OF 650 OR HIGHER)
The present credit union policy allows for only 2 unsecured loans at any point in time.
Credit union hours 8:30am – 4:00pm M-TH, FRI-8:30-12:00
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.
The Smart Option Student Loan
With college costs growing fast, it’s time to borrow smarter. The Smart Option Student Loan® offers three repayment options and competitive interest rates to help you pay for college expenses not covered by scholarships and federal loans.
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. 