Financial News - Loans and Savings


Where is the best place to save money?

In a SHARE ACCOUNT at your Federal Credit Union!


Applying for a MtLCU Visa Card   Application for Loan
 Building for the Future  Credit Union Assets
 Current Loan Rates  Current Savings Account Rates
 Loans Just a Signature Away Receipts for Payments

Notice Of Privacy Practices For Credit Union Members


revised 02/01/10

 

 

 


 

SHARE ACCOUNT

 

With so many places to stash your cash, certificates, stocks and bonds it's easy to over look the building block of all investments; your share account at the credit union. Your share account is the place to accumulate fund for other investments and to help keep money readily available for any bumps that pop up of the road of life. So when the roof leaks, the air conditioner seizes and the car stocks out all in the same month isn't it nice to know you've got it covered with money on hand for repairs or down payment?

 

Using payroll deduction and direct deposit can make saving easy and painless, because as the saying goes, "if you don't see it, you won't miss it." The sooner you sign on for one of these services, the faster your money will grow and the more prepared you' be for whatever the future may hold.

 


 

Applying for a MtLCU Visa Card 

 

Enjoy a low, fixed 8.9% APR plus a host of other great benefits.  When you think about it, a credit card isn't just something to make purchases with. It's way to enjoy greater financial freedom. 

 

Our Visa is specially designed to offer you all the conveniences you welcome in your life. It saves you welcome valuable time. It makes your life less complicated. It saves your money.

 

Best of all, it comes from the Mt. Lebanon Federal Credit Union - people you really know and trust.

 

Applying is easy and quick and with a great low rate and exceptional benefits, it makes sense to pick up a Mt. Lebanon Federal Credit Union Visa card. So why not take a moment and pick up an application at your local credit union office. 

 

When it comes to making your life easier and more rewarding, no other credit card is more impressive. 

 


 

 

Current Loan Rates   

 

All Rates Subject To Change 

  • New Autos....4.25%

  • New Car Loans [6 year term or longer]....4.75%

  • Used Autos....5.15%

  • Used Autos [6 years or older].... 5.650%

  • Home Equity (Credit Line)....4.50%

  • Personal Loan.... 9.00%

  • Share Loan.... 4.25%

  • Motorcycle and Boat.... 6.40%

  • Visa Card, no annual fee... 8.90% 

[1/4% discount on the above loan rates if you save $50.00 per month payroll savings deposit, except Home Equity Loans ]

 

Loans

Share Drafts [checking]

Home Mortgage fixed rate up to 6 years [call for current rates]

 

USA Today offers a variety of financial calculators to assist you in planning your financial needs. Use a Loan Calculator to help you determine the loan financing amount and payment options that are best for you.  The Loan Calculator is found on the USA Today's home page; you must return to the MtLCU homepage to continue with a loan application from MtLCU.
 

All Rates Subject to Change

 

         

Box Score Credit Union Assets 

  • Loans =             2,981,329

  • Other Assets =  5,540,230

  • Total Assets =   8,521,561

      Number of members 604

 

 


 

Building for the Future - Share Account

With so many places to stash your cash, certificates, stocks and bonds it's easy to over look the building block of all investments; your share account at the credit union. Your share account is the place to accumulate fund for other investments and to help keep money readily available for any bumps that pop up of the road of life. So when the roof leaks, the air conditioner seizes and the car stocks out all in the same month isn't it nice to know you've got it covered with money on hand for repairs or down payment?

 

Using payroll deduction and direct deposit can make saving easy and painless, because as the saying goes, "if you don't see it, you won't miss it." The sooner you sign on for one of these services, the faster your money will grow and the more prepared you' be for whatever the future may hold.

 

 


Receipts for Payments

 

Please note that effective July 1, 2000, receipts will no longer be mailed out due to the increase in postage and handling. Statements will continue to be sent out every three months. If you should need a statement, pleas contact the office and one will be mailed out.

 


 

Current Savings Accounts 

 

ALL Rates Subject to Change

  

0.000% apye 0.000% amounts under $99.99  
.80% apye .81% amounts under $4,999.99  
1.00% apye 1.01% amounts under $9,999.99  
1.45% apye 1.46% amounts under $19.999.99  
2.05% apye 2.06% amounts over $19.999.99  

 

Christmas Clubs - Pay out in November

 

 

Your savings at the Credit Union are insured to $250,000.

 

 


 

Loans Just a Signature Away

 

There are times when you need money for a special purchase but do not want to use your credit card. Some examples would be furniture, appliances, or a vacation. IN many instances, it makes more sense to get signature or personal loan form your Credit Union. Like the name implies, you signature secures the loan. Essentially, you promise to pay back the loon rather than secure it with material goods such as vehicle, house or other pieces of property. 

 

A signature loan allows you to budget a certain amount every month to repay the loan, while not throwing the purchase into the mix with other incidentals on your credit card. Not to mention, if you use your credit card for emergencies, you won't need to worry that you will go over your limit and be declined when you need your credit card the most. Uses for signature loans are just about anything you can imagine, but might include a new computer, vehicle repair, or helping a relative in need. The approval of the persona loan is based on the same factors of any other loan; your credit rating, income, and amount of any other outstanding debts. Come by the Credit Union for more information.

 


Make Life Easier with Payroll Deductions

Still making your car, home, and loan payments the ”old-fashioned” way by sending them through the mail? Make it easier on yourself through payroll deduction. Your credit union can set up a plan where by your loans and mortgages are automatically deducted form your paycheck. Loan payments are itemized on your pay stub so you can see where the money goes and how much. With payroll deduction there will be no more writing checks, lost or misplaced monthly statements, and best of all, accidental late payments to deal with. Stop by or email or call your credit union to sign up. [Payroll Deductions]

 


revised 02/01/10