Loan Services

Unsecured Loans
McKenzie Valley Federal Credit Union provides unsecured loans for its members. An unsecured loan does not require collateral. Our members usually use this type of loan to pay their bills, consolidate other debts, renovate their homes, or deal with other personal expenses. When checking for your qualification, we look into your credit history alongside other personal details such as income, age, citizenship. In case you have a financial emergency and a credit score that will not work to your advantage, consider referring to services that offer online loans with no credit check. If you are still in college, make sure you have exhausted all opportunities for student loan federal programs before applying for a private loan.

Our Advantages
We value our members and have set up competitive terms and conditions for unsecured loans, in line with the federal regulations:

  • Flexible terms of up to 5 years*
  • Fixed monthly payments
  • Interest rates as low as 10.75%
  • APR capped at 18%*
  • Available loan protection plan
  • Flexible payment methods

*depending on each specific loan request and the borrower`s qualification

We consider every application from a customer-first angle and without any bias. Rest assured, we will go out of our way to find the loan that best suits you. To apply for a loan or ask additional questions, contact us or access our online services.

Auto Loans
McKenzie Valley Federal Credit Union offers auto loan rates much lower than a bank plus we provide repayment terms to meet your needs. We also offer a range of added features to make your loan process just right for you, including:

  • Up to 90% financing available**
  • Refinancing options
  • No application fees
  • No prepayment penalties
  • Automatic payment transfer from your checking or savings account
  • Payment protection plans—as much as 40% off dealer costs

Other Loans
Your credit union offers great, low rates and flexible financing for your:

  • Boat Loans
  • RV & Motor Home Loans
  • Jet Ski or Other Watercraft Loans
  • ATV & Motorcycle (touring bikes only)
  • Personal Loans
  • Overdraft Protection/Line of Credit
  • Debt Consolidation

Convenient Payments
We have several convenient payment options for your loan payments at the credit union:

  • Make your payments in person or by mail
  • Authorize an automatic transfer from a checking or savings account
  • Opt for payroll deduction—your employer forwards the authorized funds to the credit union directly, and the deducted amount will show on your pay stub

Protection Plans
Mckenzie Valley Federal Credit Union offers a range of special products that give you affordable ways to protect your loans. The premiums for these services can be included in your loan, and you could save as much as 40%  (compared to other lenders) with:

  • Credit Life & Disability
  • Mechanical Breakdown Insurance (MBI)
  • Guaranteed Auto Protection (GAP)

Whether you are buying your first home, refinancing your existing home, or moving into a better one, we offer a variety of mortgage options, including great rates, flexible terms on variable amounts, and refinance choices through our partnership with Pacific Cascade Mortgage, LLC.
Our mortgage loan officer will listen to your needs and recommend a plan that’s right for you.

Loan Rates – Effective February 10, 2023
Loan TypeAPR*
New AutoAs Low As 4.99%
Used AutoAs Low As 5.69%
New RVAs Low As 6.24%
Used RVAs Low As 7.24%
New Boat/ATV/MCAs Low As 6.24%
Used Boat/ATV/MCAs Low As 7.24%
PersonalAs Low As 10.75%
Line of Credit