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

When your financial life demands flexibility, Motion may be able to help. Whether you’re buying a home, car, 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 24/7 online or by calling 908.862.6966 option 1, then option 1. 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, option 1.


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.

Product Years Payroll Deduct APR1 Coupon Book APR1 Terms2
New Auto Up to 2 1.45% 1.70% 100% Purchase Price
New Auto Up to 3 1.65% 2.20% 100% Purchase Price
New Auto Up to 4 1.95% 2.70% 100% Purchase Price
New Auto Up to 5 2.25% 2.70% 100% Purchase Price
New Auto Up to 6 2.95% 3.70% 100% Purchase Price
New Auto Up to 7 3.75% 4.20% 100% Purchase Price
Used Auto Up to 2 1.45% 1.70% 100% Purchase Price
Used Auto Up to 3 1.95% 2.70% 100% Purchase Price
Used Auto Up to 4 2.45% 3.20% 100% Purchase Price
Used Auto Up to 5 2.95% 4.20% 100% Purchase Price
Used Auto Up to 63 4.45% 5.20% 100% Purchase Price
Boat / RV / Airplane Up to 20 As low as 4.75% Flexible terms
Motorcycle Up to 7 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.

Product Years Payroll Deduction APR1 Coupon Book APR1 Terms
Personal Loan Up to 2 5.95% 6.45% Max $20,000
Personal Loan Up to 3 6.95% 7.45% Max $20,000
Personal Loan Up to 4 7.95% 8.45% Max $20,000
Personal Loan Up to 5 8.95% 9.45% 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.

Product Years Payroll Deduct APR1 Coupon Book APR1 Terms
Share Secured Up to 2 1.45% 1.95% 100% Savings
Share Secured Up to 3 1.95% 2.45% 100% Savings
Share Secured Up to 4 2.95% 3.45% 100% Savings
Share Secured Up to 5 3.95% 4.45% 100% Savings
Share Secured Up to 6 N/A N/A 100% Savings
Share Secured Up to 7 N/A N/A 100% Savings
Stock Secured 4 4.45% 4.95% 50% Stock Value

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) 0.02% 0.0200%
SHARE DRAFT (Checking) 0.01% 0.0100%
CLUB MOTION (Holiday, Vacation, ME) 0.07% 0.0700%
IRA 0.10% 0.1001%
MONEY MARKET (Tier II; $2,501 – $50,000) 0.10% 0.1001%
MONEY MARKET (Tier III; $50,001+) 0.15% 0.1501%
3-5 MONTH SHARE CERTIFICATE 0.04% 0.0400%
6-11 MONTH SHARE CERTIFICATE 0.06% 0.0600%
12-17 MONTH SHARE CERTIFICATE 0.08% 0.0800%
18-23 MONTH SHARE CERTIFICATE 0.10% 0.1001%
24-35 MONTH SHARE CERTIFICATE 0.30% 0.3004%
36-47 MONTH SHARE CERTIFICATE 0.35% 0.3505%
48-59 MONTH SHARE CERTIFICATE 0.50% 0.5011%
60 MONTH SHARE CERTIFICATE 0.75% 0.7526%
IRA 6-11 MONTH SHARE CERTIFICATE 0.12% 0.1201%
IRA 12-17 MONTH SHARE CERTIFICATE 0.15% 0.1501%
IRA 18-23 MONTH SHARE CERTIFICATE 0.20% 0.2002%
IRA 24-35 MONTH SHARE CERTIFICATE 0.30% 0.3004%
IRA 36-47 MONTH SHARE CERTIFICATE 0.35% 0.3506%
IRA 48-59 MONTH SHARE CERTIFICATE 0.45% 0.4509%
IRA 60 MONTH SHARE CERTIFICATE 0.65% 0.6519%

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
Platinum VISA® 8.45% 8.45% Max $25,000
Platinum VISA® with Rewards 10.95% 10.95% Max $25,000