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:
- Auto Loans
- Boat / Aircraft / RV Loans
- First Mortgage Loans
- Refinancing Loans
- Home Equity Loans
- Lines of Credit
- Personal Loans
- Share Secured / Stock Loans
- Holiday Loans
- Vacation Loans
- Education Loans
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 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:
- Auto Loans
- Boat / Aircraft / RV Loans
- Personal Loans
- Share Secured / Stock Loans
- Holiday Loans
- Vacation Loans
- Education 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. |
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| 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. 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. |
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| Product | Years | Payroll Deduct APR1 | Coupon Book APR1 | Terms2 |
|---|---|---|---|---|
| New Auto | Up to 2 | 1.95% | 100% Purchase Price | |
| New Auto | Up to 3 | 2.35% | 100% Purchase Price | |
| New Auto | Up to 4 | 2.75% | 100% Purchase Price | |
| New Auto | Up to 5 | 3.25% | 100% Purchase Price | |
| New Auto | Up to 6 | 4.25% | 100% Purchase Price | |
| New Auto | Up to 7 | 4.95% | 100% Purchase Price | |
| Used Auto | Up to 2 | 1.95% | 100% Purchase Price | |
| Used Auto | Up to 3 | 2.55% | 100% Purchase Price | |
| Used Auto | Up to 4 | 2.95% | 100% Purchase Price | |
| Used Auto | Up to 5 | 3.45% | 100% Purchase Price | |
| Used Auto | Up to 63 | 4.95% | 100% Purchase Price | |
| Boat / RV / Airplane | Up to 20 | As low as 5.25% | Flexible terms | |
| Motorcycle | Up to 7 | As low as 5.25% | 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. |
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| Product | Years | Payroll Deduction APR1 | Coupon Book APR1 | Terms |
|---|---|---|---|---|
| Personal Loan | Up to 2 | 6.45% | Max $20,000 | |
| Personal Loan | Up to 3 | 7.45% | 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. |
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| 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. |
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| Product | Years | Payroll Deduct APR1 | Coupon Book APR1 | Terms |
|---|---|---|---|---|
| Share Secured | Up to 2 | 1.85% | 100% Savings | |
| Share Secured | Up to 3 | 2.35% | 100% Savings | |
| Share Secured | Up to 4 | 3.25% | 100% Savings | |
| Share Secured | Up to 5 | 4.25% | 100% Savings | |
| Share Secured | Up to 6 | N/A | 100% Savings | |
| Share Secured | Up to 7 | N/A | 100% Savings | |
| Stock Secured | 4 | 4.75% | 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. |
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| 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 |
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| 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 | 0.50% | 0.5011% |
| 36-47 MONTH SHARE CERTIFICATE | 0.60% | 0.6016% |
| 48-59 MONTH SHARE CERTIFICATE | 0.80% | 0.8031% |
| 60 MONTH SHARE CERTIFICATE | 1.05% | 1.0551% |
| IRA 6-11 MONTH SHARE CERTIFICATE | 0.12% | 0.1201% |
| IRA 12-17 MONTH SHARE CERTIFICATE | 0.25% | 0.2502% |
| IRA 18-23 MONTH SHARE CERTIFICATE | 0.30% | 0.3400% |
| 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 | 0.85% | 0.8533% |
| IRA 60 MONTH SHARE CERTIFICATE | 1.15% | 1.1561% |
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. |
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| Product | Payroll Deduct APR1 | Coupon Book APR1 | Terms |
|---|---|---|---|
| Platinum VISA® | Visit the “Cards” page for rates. | Visit the “Cards” page for rates. | Max $25,000 |
| Platinum VISA® with Rewards | Visit the “Cards” page for rates. | Visit the “Cards” page for rates. | Max $25,000 |
