Loans

Not a Motion member/owner yet? No problem. Click here for instructions on how to join us. If you already are a member/owner, please proceed.

Motion Federal Credit Union Loans

My sincere gratitude for expediting the acquisition of the vehicle for us. Most of all, I am truly grateful that through Motion’s help I am able to gradually create positive change in my financial life. Motion FCU was an instrumental in many ways in improving my credit history which empowers me financially. I know that Motion will continue to be my ally as I continue to reach my goals. Motion FCU does not only “move dreams forward,” it also inspires people to dream in the first place knowing that they have Motion as a great resource to support them. Motion FCU is highly recommended to the community!
Rosalina T.

When your financial life demands flexibility, Motion may be able to help. Whether you’re buying a home, car, refinancing, have an emergency need for money or want to consolidate debt let Motion help. We offer:

Please complete the Personal Loan Application when applying for a Share Secured Loan, Vacation Loan, Holiday Loan, Back-to-School Loan, Debt Consolidation Loan, Black Friday Loan, or Education Loan.

Apply online or by calling 908.862.6966. We are your credit union, waiting to help you.

NMLS # 928258

Equal Opportunity Lender. We Do Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

*Conditions apply. APR=Annual Percentage Rate

Motion Federal Credit Union Traditional Loans

Motion Federal Credit Union traditional loans are great options for borrowing money at great rates and terms.

Here are some of our loans:

Equal Opportunity Lender. We Do Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

*Conditions apply.

Not a Motion member/owner yet? No problem. Click here for instructions on how to join us. If you already are a member/owner, please proceed.

When applying for the following loans please complete the Personal Loan application; Share Secured Loan, Vacation Loan, Holiday Loan, Back-to-School Loan, Debt Consolidation Loan, Black Friday Loan, or Education Loan.

Attention: You must be a Motion Federal Credit Union member before you can apply for a loan. Not yet a member? Click here.

Customized Loans in Motion

Motion’s Customized loans (including Debt Consolidation Loans) are a great option for borrowing money to meet whatever your personal financial needs may be. Unlike typical bank loans, Motion offers customized loans for special projects and unusual needs. Motion’s rates are competitive and terms are flexible. These custumized loans can be used for just about any purpose. Wherever life is leading you we have a loan to meet your needs.

Call our loan representatives today! 908.862.6966.

Restock Your Cash

Apply Online >>>>> Close Online

Pick Your Payment – Use our Cash!

$30.51 >>>>>>>>>>>> $1,000
$61.03 >>>>>>>>>>>> $2,000
$91.54 >>>>>>>>>>>> $3,000

3 year terms – Fixed 6.2% APR

Other restrictions may apply –call or visit for more loan details
APR = Annual Percentage Rate

Credit card bills piled up? Motion may be able to help!

Motion’s Credit Card Cruncher Loans in Motion

As low as 8.60% APR*

Borrow up to $20,000
Terms up to 48 months

Break free from your credit card debt and high interest!

Apply 24/7 online or by calling 908.862.6966 and listen to the prompts.

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.
Rates subject to change at any time. Other restrictions & details may apply.
Product Years Rate APR1 Terms
CREDIT CRUNCHER (Debt Consolidation) Up to 4 8.60% Max $20,000

VEHICLE LOAN RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.
Rates subject to change at any time. Other restrictions & details may apply.

2 Auto Price CANNOT exceed NADA Value. Auto Loans NOW INCLUDE tax, registration, or other fees.

3 Used Cars maximum term is 6 years. Other restrictions may apply.

4 Rates include 0.25% reduction for automatic payments made from your Motion account.
Product Years Payroll Deduct APR1 Coupon Book APR1 Terms2
New Auto Up to 2 1.65% 100% Purchase Price
New Auto Up to 3 1.75% 100% Purchase Price
New Auto Up to 4 1.85% 100% Purchase Price
New Auto Up to 5 2.05% 100% Purchase Price
New Auto Up to 6 2.55% 100% Purchase Price
New Auto Up to 7 3.35% 100% Purchase Price
Used Auto Up to 2 1.95% 100% Purchase Price
Used Auto Up to 3 2.05% 100% Purchase Price
Used Auto Up to 4 2.25% 100% Purchase Price
Used Auto Up to 5 2.45% 100% Purchase Price
Used Auto Up to 6 3.45% 100% Purchase Price
Boat / RV / Airplane Up to 20 As low as 4.45% Flexible terms

Rates subject to change at any time.

PERSONAL LOAN RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.Rates subject to change at any time. Other restrictions & details may apply.

2 Rates include 0.25% reduction for automatic payments made from your Motion account.
Product Years Payroll Deduction APR1 Coupon Book APR1 Terms
Personal Loan Up to 2 6.45% Max $20,000
Personal Loan Up to 3 7.65% Max $20,000
Personal Loan Up to 4 8.45% Max $20,000
Personal Loan Up to 5 9.15% Max $20,000

Rates subject to change at any time.

OTHER LOAN RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.
Rates subject to change at any time. Other restrictions & details may apply.
Product Years Rate APR1 Terms
CREDIT CRUNCHER (Debt Consolidation) Up to 4 8.60% Max $20,000

Rates subject to change at any time.

SHARE / STOCK SECURED RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.
Rates subject to change at any time. Other restrictions & details may apply.

2 Rates include 0.25% reduction for automatic payments made from your Motion account.
Product Years Payroll Deduct APR1 Coupon Book APR1 Terms
Share Secured Up to 2 1.55% 100% Savings
Share Secured Up to 3 2.25% 100% Savings
Share Secured Up to 4 2.55% 100% Savings
Share Secured Up to 5 3.25% 100% Savings
Share Secured Up to 6 N/A 100% Savings
Share Secured Up to 7 N/A 100% Savings
Stock Secured 5.25%

Rates subject to change at any time.

EDUCATION LOAN RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.
Rates subject to change at any time. Other restrictions & details may apply.
Maximum Amount Rate (APR1) Type Repayment Term Notes
$20,000 Prime + 1/2% 1 Year Variable 5 Years Payable to school only

Rates subject to change at any time.

SAVINGS PRODUCTS RATES

1 APY = Annual Percentage Yield
Product Dividend Rate APY1
REGULAR SHARE (Savings) 0.010% 0.0100%
SHARE DRAFT (Checking) 0.005% 0.0050%
CLUB MOTION (Holiday, Vacation, ME) 0.050% 0.0500%
IRA 0.150% 0.1501%
MONEY MARKET (Tier II; $2,501 – $50,000) 0.100% 0.1000%
MONEY MARKET (Tier III; $50,000+) 0.150% 0.1501%
3-5 MONTH SHARE CERTIFICATE 0.07% 0.0700%
6-11 MONTH SHARE CERTIFICATE 0.10% 0.1001%
12-17 MONTH SHARE CERTIFICATE 0.15% 0.1501%
18-23 MONTH SHARE CERTIFICATE 0.20% 0.2002%
24-35 MONTH SHARE CERTIFICATE 0.30% 0.3004%
36-47 MONTH SHARE CERTIFICATE 0.40% 0.4007%
48-59 MONTH SHARE CERTIFICATE 0.50% 0.5011%
60 MONTH SHARE CERTIFICATE 0.60% 0.6017%
IRA 6-11 MONTH SHARE CERTIFICATE 0.25% 0.2503%
IRA 12-17 MONTH SHARE CERTIFICATE 0.35% 0.3506%
IRA 18-23 MONTH SHARE CERTIFICATE 0.45% 0.4509%
IRA 24-35 MONTH SHARE CERTIFICATE 0.55% 0.5514%
IRA 36-47 MONTH SHARE CERTIFICATE 0.65% 0.6519%
IRA 48-59 MONTH SHARE CERTIFICATE 0.75% 0.7526%
IRA 60 MONTH SHARE CERTIFICATE 0.85% 0.8533%

Rates subject to change at any time.

CREDIT CARD RATES

1 Rates are determined by your personal credit history and payment method, so your rate may differ.
APR = Annual Percentage Rate.Rates subject to change at any time. Other restrictions & details may apply.
Product Payroll Deduct APR1 Coupon Book APR1 Terms
POWER VISA® -Low Rate Visit “Cards” page for rates. Visit “Cards” page for rates. Max $25,000
POWER VISA® with Rewards Visit “Cards” page for rates. Visit “Cards” page for rates. Max $25,000

  • 908.862.MYMO (6966)
  • All content © 2021 by Motion Federal Credit Union