Holiday Loan, A Little Help for the Holidays
Make room for what matters.
The holidays are about more than gifts. They're about gathering around the table, traveling to see family, sharing traditions, and making memories with the people who matter most.
Whether you're planning a holiday visit, preparing a special meal, shopping for thoughtful gifts, or managing other seasonal expenses, Members Credit Union is here to help you explore your options.
🎁 Holiday Loan at a Glance
Borrow up to: $2,500
Annual Percentage Rate (APR): 10.99%
Repayment term: 12 months
Who can apply: New and existing members who meet MCU's membership eligibility, underwriting, and credit approval requirements.
Your approved loan amount will depend on your verified income, existing debts, and MCU's debt-to-income (DTI) requirements. You may qualify for less than the $2,500 maximum.
What could your payments look like?
For example, a $2,500 Holiday Loan at 10.99% APR for 12 months has 11 monthly payments of $220.94 and a final payment of approximately $220.97.
This example assumes no additional fees and that the first payment is due one month after funding. Actual payment dates may affect the final payment.
Before applying, consider whether the monthly payment fits comfortably within your budget alongside your other financial commitments.
Already Have an MCU Holiday Loan?
You may still be able to explore a new Holiday Loan, subject to approval. However, your existing Holiday Loan must be paid off through the new loan, and the total new loan amount—including the existing loan payoff—cannot exceed $2,500.
Here's an example:
If you are approved for a new loan of $2,000 and your existing Holiday Loan payoff is $800, you would receive $1,200 after the existing loan is paid in full. The amount available to you will depend on your approved loan amount and the payoff required.
How to Apply for an MCU Holiday Loan
Getting started is simple.
Explore your options. Review the rate, repayment term, and example payment to decide whether the loan fits your budget.
Contact Members Credit Union. Call 203-622-6050 or visit our Stamford branch to learn about membership eligibility and the application process.
Submit your application online or in person at our credit union. MCU will review your verified income, existing debts, and other applicable underwriting requirements.
Review your approved terms. If approved, review the final loan amount, repayment schedule, and terms before accepting the loan.
Whether you're an established member, a working professional, a young adult building financial independence, a retiree planning a family visit, or a household balancing multiple seasonal priorities, our team is here to answer your questions.
Ready to explore your options? Contact us at 203-622-6050 by phone or text, visit memberscu.coop, or stop by:
Members Credit Union
612 Bedford Street
Stamford, CT 06901
Members Credit Union — Where Dreams Prosper.
*APR=Annual Percentage Rate. Membership eligibility and credit approval required. Approved amounts are based on MCU underwriting, including income verification and debt-to-income qualification. Existing Holiday Loans must be paid off through the new loan, and the total new loan, including the existing loan payoff, cannot exceed $2,500. Repayment example: $2,500 at 10.99% APR for 12 months: 11 monthly payments of $220.94 and a final payment of approximately $220.97. Assumes no additional fees and the first payment is one month after funding. Actual payment dates may affect the final payment. Terms and conditions apply. Offer expires December 31, 2026. See the credit union for details. Equal Opportunity Lender. Federally insured by NCUA.