​* Must have active payroll deduction or direct deposit with the credit union.
* Payments for this loan must be paid through payroll deduction or direct deposit.
* Must be repaid in 12 months at a rate of 18. 00%
* Non-refundable application fee $10.00
* A complete loan application is required
* Must not be in an active or pending case.
* Member must be discharged from bankruptcy! year
* No credit evaluation or extension will be granted
* Member may borrow up to a maximum amount $1,200.00
* Minimum of 6 months of continuous employment through payroll
* Must be a member for 3 months
* Net Monthly Income under $1,000.00 may receive up to $500. 00
* Open a Christmas Club account and save the required amount. No early withdrawals allowed - unless loan is paid in full
* Grant MMEFCU Loan Special cannot apply before December 1st
* Member can only have two Non-Credit Evaluation Loan