Loans

Credit unions first became popular by providing the members with affordable, convenient places to borrow, and Chicago Municipal Employees Credit Union continues that tradition by offering our members a wide variety of loans, including:

  • New and used vehicle loans for cars, trucks, vans and SUVs
  • Loans for motorcycles, boats, RVs and personal watercraft
  • All Purpose Personal Loan
  • Line of credit loans
  • Share secured loans
  • Home equity loans
  • Home mortgage loans
  • Student loans
  • Skip-A-Payment
  • Strecth Pay loans

Credit Life Insurance and Credit Disability Insurance are available to eligible members on most loans (except home equity and mortgage loans) at special low group rates. This coverage insures the balance of your loan and makes the payments in case of disability or death. The cost is only a few cents per day, and the premium amount can be included in your loan payment.