Buying a Car? MCU is the Safe Harbor for your Auto Loan

If you are looking to upgrade your automobile, but are concerned about the availability of financing, rest easy. Just as it has been doing for nearly a century, Municipal Credit Union (MCU) has the funds to make loans to qualifying members so they can improve their lives, and family cars. An auto loan at MCU also offers attractive features including generous terms, no money down, quick decisions, and low, market leading rates.
Truly a safe harbor of financial strength and growth, Municipal Credit Union is one of the oldest and largest credit unions in the country. It serves over 310,000 members and has assets of $1.4 billion. The credit union is successful because of its sound investment policies and excellent member service. MCU does not engage in sub-prime lending activities or investments and is well capitalized. In fact, as of September 30, 2008, Municipal Credit Union’s net worth ratio was an excellent 12.13 percent which is considerably above the seven percent considered the industry standard for financial soundness.
In addition to excellent auto loan rates and terms, the credit union offers its members the convenience and personal service of the MCU AutoNet dealer network. This is a group of over 200 area auto dealers representing virtually every make of domestic and imported car, and provides the credit union’s members with preferred, one-stop auto shopping and MCU financing. MCU AutoNet dealers are independent NYS licensed dealers and not direct affiliates or subsidiaries of MCU.
You must be a member to take advantage of the many benefits offered by Municipal Credit Union. For more information, to apply for membership and a loan, visit www.nymcu.org or call 1-800-LOAN-MCU. The MCU website offers a list of AutoNet dealers and lots of other helpful information.
Municipal Credit Union, offers its full range of financial services to New York City employees, New York State and Federal employees who work in the five boroughs, education and health care employees. Founded in 1916 with 19 members with $570 in combined shares, today MCU has 310,000 members and assets exceeding $1.4 billion. MCU has helped New York’s civil servants, healthcare workers and other qualified members invest in their families every day for over nine consecutive decades. MCU is an equal opportunity lender. For more information about the Municipal Credit Union call 1-800-LOAN-MCU or visit www.nymcu.org.