News and Info

RMECU's Summer Holiday Loan is back! Borrow up to $1,000 based on your total monthly direct deposit into your RMECU account. Contact the Credit Union to find our more and apply.

Here's how to qualify:

• No child support liens

• Cannot have courtesy pay

• Be a RMECU member for a minimum of 90 days

• No prior losses to the Credit Union

• Cannot have an open or active bankruptcy

• All RMECU accounts and loans must be positive and in good standing at time of application

* One time, non-refundable $35 pre-paid finance charge is due with application. Loan term will not exceed 6 months. Loan amount not to exceed 50% of applicant’s total average monthly direct deposits to applicant’s RMECU account in the 60 days prior to application date. Direct deposit income is defined as employment income, retirement income, SSA or SSI income. Rep Payee deposits are excluded as income for this type of loan. No skip payments for “extra” pay periods. Credit Bureau will be accessed, however, approval/denial will not be based solely on credit bureau.