Unlock the Potential of Your Home Equity!

Are you ready to tap into the value of your home? Look no further than our Home Equity Line of Credit (HELOC) Special!
At METRO, we’re dedicated to helping you achieve your financial goals with ease and affordability.

For a limited time only, take advantage of our incredible offer:

🏡 Rate Reduction: Enjoy a 1.00% reduction in interest rate for the entire duration of your loan!

 

💰 Processing Fees Slashed: Processing fees reduced to just $199 (non-refundable)!

With our HELOC special, you can access the equity in your home to finance home improvements, consolidate debt, cover unexpected expenses, and more. Plus, with our competitive rates and flexible term, you’ll have the peace of mind knowing you’re getting the best deal possible.

LOAN AMOUNT: Borrow up to $250,000 TERM & RATE: 20-YEAR Term with 1.00% APR* Rate Reduction! MAXIMUM LOAN TO VALUE: up to 80% based on qualification UNDERWRITING FEES: FEES REDUCED! $199 APR=Annual Percentage Rate Application Fee is non-refundable and is due after the initial pre-approval Home Equity Loans Application – Fillable Loan Calculator

Don’t miss out on this opportunity to make your dreams a reality! Contact us today at 847-670-0456 to learn more, or apply online.  Take the first step towards financial empowerment with METRO!

*Terms and conditions apply. Offer valid for a limited time only. Rate reduction of 1.00% applies to the life of the loan. Processing fees reduced to $199, which is non-refundable. Subject to credit approval. 

Book your loan now and take advantage of this great offer!  Your reduced rate is only available through June 30, 2024.  

Act NOW – Apply Online!  Please contact Gabby or Ryan in METRO’s Loan Department at 847-670-0456, ext. 2, with any questions.

Please click here to view FIXED Home Equity Rates.

ADDITIONAL TERMS:
*Up to 80% Loan-to-Value financing based on qualification. Processing fee is non-refundable and due after initial loan preapproval. You can avoid the annual Home Equity Line-of-Credit fee by maintaining a loan balance or performing an advance at least once per year.  Loan applications are subject to METRO’s lending guidelines. The final rate is based on credit score and mortgage position.  The Home Equity Line-of-Credit annual percentage rate is based on Prime Rates plus an added margin. The rate is subject to change January 1st and July 1st each year. The prime rate is currently 8.50% as published in the Wall Street Journal as of July 27, 2023. Minimum monthly payment is $100.  Property values are based on the lesser of the current appraised value or a Freddie Mac Home Value Explorer (HVE®) with a condition report. Independent appraisals not accepted. Consult your tax advisor regarding tax-deductible interest.  Offer valid through June 30, 2024.  Rates subject to change. Savings account is required for credit union membership.

Get METRO’s Best Rate and Best Add-on Products

so you can focus on the fun this spring!

Get your loan pre-approval and start shopping, or refinance your existing vehicle loan from another institution and reduce your rate.  Don’t miss out on this special – APPLY TODAY!

Rates as low as 4.99% APR* 

Great rates with flexible terms and financing.

Start saving now!  METRO has flexible loan terms and financing up to 125% based on qualification.  Rates are based on loan term, credit score, amount financed, and special rate discounts applied.  We have lots of ways to save!
Loan Rates

Protect your loan and purchase.

METRO auto loans have benefits!

You can now add on our low-cost GAP Plus insurance, Mechanical Break Down Insurance, and Credit Insurance to protect your loan and vehicle.  Our GAP Plus includes deductible assistance for insurance claims and a replacement credit for totaled vehicles.  Loan protection products.

Contact the Loan Department at 847-670-0456, ext. 2, for additional questions including rate quotes, payment calculations, and protection product brochures.

Additional Information:

• 85% financing included
• Rates are available on new or used vehicles for purchase and refinance
• Not available to refinance existing METRO loans
• Terms may vary by vehicle year
• Up to 125% financing and longer terms available for a higher rate

Download our Fillable Loan Application – Return to METRO – loanservices@mcu.org or Fax to 847-670-0401

Additional Terms and Conditions:

*Rates and offers are current as of 04/01/2024 and are subject to change. Final rate for all collateral loans is based on credit score, amount financed, year of vehicle, and term. Term will vary by year of vehicle and amount financed. Rates quoted assume excellent borrower credit history and may be higher depending on individual credit rating.

New Auto Loans: Loan rate applicable to New Vehicles only. New Vehicles are where you are the original owner and the UNTITLED vehicle is model year 2023 or newer with less than 3,000 miles. Up to 125% financing is available with added premium. Vehicle weight and mileage restrictions apply.

Used Auto Loans: Maximum used car loan will be determined by Metro using a JD Power value. Financing is available up to the JD Power valuation, not to exceed 125%. Vehicle weight and mileage restrictions apply.

Vehicle Title Loans: Maximum loan amount up to 85% loan to value based on JD Power valuation.

Payment Example: Approximate monthly payment on a $25,000 loan at 5.69%APR (includes rate discount) for 60 months is $479.70. Total finance charge: $3,781.94. Total loan cost: $28,781.94.

Rate Discounts: A .50% rate discount will be applied to Auto Loan rates with a down payment of 15% or more. The rates above include the rate discount.

APR = Annual Percentage Rate. Your actual APR will be determined at the time of loan approval and will be based on your down payment, vehicle year, term, and credit information.

A New and Improved Digital Banking Experience is Here!

METRO is happy to announce exciting improvements to our online banking login experience and mobile app that will make managing your finances easier and more convenient than ever before.  At METRO we are committed to providing you with the best possible banking experience and these enhancements are designed to do just that!

What’s New in Our Online Banking:

Streamlined Access: We have simplified the login process to ensure that you can access your accounts quickly while maintaining the highest level of security.  With our updated login page, you’ll spend less time logging in and more time managing your finances.

Enhanced Security: Your financial security is our top priority.  Our improved login system includes advanced security features to safeguard your personal and financial information, giving you peace of mind every time you log in.

User-Friendly Interface: We have redesigned the interface to be more intuitive and user-friendly.  Whether you’re a tech-savvy user or new to online banking, you’ll find our login system easy to navigate. 

The Online Banking user interface has automatically updated as of 10/17/2023.  You do not need to re-enroll on the updated login page.  Please continue using your existing Login ID and Security Code to access your account.  If you have any trouble logging in, please call us at 847-670-0456 for assistance.

It’s Here: Branded Mobile App

What’s New in Our Mobile App:

METRO is getting its very own Branded Mobile App!! Currently, all members are utilizing the TouchBanking mobile application, which is a stock app for many credit unions.  METRO has decided to personalize its mobile app and make your user experience even better!

Branded Mobile App: METRO now has its own branded mobile app available for download in the app stores!

When the app is available in the mobile app stores, you will need to download the New METRO App and log in using the same Login ID and Security Code.  

What’s You’ll See:

New Modern Look & Login Screen	Simple Navigation	Overall Improved Look & Feel

If you haven’t logged in recently, you’ll be prompted to upgrade to the “new version” when you launch your TouchBanking mobile app.

* Click on the “Update Now” button to be directed to your App Store.

* Download the METRO Branded App and sign in using your existing Logon ID and Security Code.  (You will NOT need a mobile app code.)

* Once signed in to the updated app, you can delete the TouchBanking application.

Have additional questions?  Contact a Member Services Representative at 847-670-0456, ext 1, or contact us online.

Find Our Mobile App Here:

Get the most out of your money with a METRO Share Certificate. Open your Certificate today, because this special is for a limited time only!

Our current Share Certificate specials are below:

10-Month Share Certificate at 4.75% APY – NEW MONEY
4.65%APR – Minimum $25,000 Deposit.

Special valid as of 04/09/2024 for new money deposited into the credit union.  Rates are subject to change, but the rate will remain in effect for the term of the certificate once issued.  Funds earn dividends from the first business day of deposit through the day of withdrawal. Dividends are paid monthly on the last day of the month.  Dividend penalties apply for early withdrawals.  Account withdrawals, penalties, or fees may reduce earnings and the stated APY.  Upon maturity, the certificate will renew to a 12-month term at the current listed rate.  The account will be automatically renewed at the like term at the close of business on the Maturity Date unless the funds are withdrawn within the 7-day period after the maturity date.

10-Month Share Certificate at 4.33% APY
4.25%APR – Minimum $25,000 Deposit.

Special valid as of 04/09/2024.  Rates are subject to change, but the rate will remain in effect for the term of the certificate once issued.  Funds earn dividends from the first business day of deposit through the day of withdrawal. Dividends are paid monthly on the last day of the month.  Dividend penalties apply for early withdrawals.  Account withdrawals, penalties, or fees may reduce earnings and the stated APY.  Upon maturity, the certificate will renew to a 12-month term at the current listed rate.  The account will be automatically renewed at the like term at the close of business on the Maturity Date unless the funds are withdrawn within the 7-day period after the maturity date.

15-Month Share Certificate at 5.00% APY – NEW MONEY
4.89%APR – Minimum $25,000 Deposit.

Special valid as of 03/20/2024 for new money deposited into the credit union.  Rates are subject to change, but the rate will remain in effect for the term of the certificate once issued.  Funds earn dividends from the first business day of deposit through the day of withdrawal. Dividends are paid monthly on the last day of the month.  Dividend penalties apply for early withdrawals.  Account withdrawals, penalties, or fees may reduce earnings and the stated APY.  Upon maturity, the certificate will renew to a 12-month term at the current listed rate.  The account will be automatically renewed at the like term at the close of business on the Maturity Date unless the funds are withdrawn within the 7-day period after the maturity date.

15-Month Share Certificate at 4.59% APY
4.50%APR – Minimum $25,000 Deposit.

Special valid as of 04/09/2024.  Rates are subject to change, but the rate will remain in effect for the term of the certificate once issued.  Funds earn dividends from the first business day of deposit through the day of withdrawal. Dividends are paid monthly on the last day of the month.  Dividend penalties apply for early withdrawals.  Account withdrawals, penalties, or fees may reduce earnings and the stated APY.  Upon maturity, the certificate will renew to a 12-month term at the current listed rate.  The account will be automatically renewed at the like term at the close of business on the Maturity Date unless the funds are withdrawn within the 7-day period after the maturity date.

24-Month IRA Share Certificate Special
4.00%APY – Minimum $25,000 Deposit.
4.35%APY – NEW MONEY, Minimum $25,000 Deposit

Special valid as of 04/09/2024.  Rates are subject to change, but the rate will remain in effect for the term of the certificate once issued.  Funds earn dividends from the first business day of deposit through the day of withdrawal. Dividends are paid monthly on the last day of the month.  Dividend penalties apply for early withdrawals.  Account withdrawals, penalties, or fees may reduce earnings and the stated APY.  Upon maturity, the certificate will renew to a 24-month term at the current listed rate.  The account will be automatically renewed at the like term at the close of business on the Maturity Date unless the funds are withdrawn within the 7-day period after the maturity date.

Thank you for visiting METRO

Join today for access to low rates, lots of products, and exceptional service!

When you open a savings account at METRO, with as little as $10, you become a member-OWNER.  We understand different member needs and expectations and we strive to exceed them.  This includes consistently delivering services in a professional and caring manner, worthy of our member-OWNERS.

Once a member, you have access to ALL of METRO’s products and services! 

This includes:

• Lifetime membership (once a member, always a member!)
• Membership for your immediate family
• Low loan rates
• Competitive dividend rates on savings products
• 24/7 online and mobile account access
• Checking, Savings, and Club accounts
• IRA, ROTH IRA and Share Certificates
• CO-OP Shared Branching
• Send or request money with Zelle (available with Online Bill Pay)
• and MUCH MORE!

Here’s how to join….

What do I need to open an account?

All you need is your ID!  We will also have you sign a Membership Account Application.  In compliance with the USA Patriot Act, METRO has established a member verification procedure.  In order to safeguard your accounts, we will ask that you provide us with a photo ID and signature which will be stored with your account information.

Who can join?

METRO is a community credit union serving portions of Cook, DuPage, Lake and McHenry Counties.  You are also eligible to join us if the following applies to you:

• You are employed by one of our Sponsoring Employer Groups
• You live in the boundaries of our community charter
• You are an immediate family or household member of an existing METRO Federal Credit Union Member,
• You work within the boundaries of our community charter
• You volunteer within the boundaries of our community charter
• You worship or attend school within the boundaries of our community charter
• You have a business within the community charter and/or regularly conduct business in the local community

A few reasons to choose a credit union…

Just in case you’re not convinced yet.

We’re Not-for-profit! Credit unions do not issue stock or pay dividends to outside stockholders.  Earnings are returned to METRO members	Ownership Each credit union Member has ownership.  Every customer is both a member and an owner.	Social Purpose:  People helping people! Credit unions exist to help people, not make a profit!
Special Offers & Discounts Take advantage of member-exclusive offers and discounts that save you money on park tickets, insurance, car buying and more!	Great Products & Great Rates Have access to member benefits that include quarterly loan specials, free services, and competitive rates.	Low Fees & Charges One of the benefits of being a not-for-profit organization is that we get to keep our fees and charges low!

Just a reminder…

New Account Membership can be completed with an application in the lobby, through the drive-thru, email, fax, or by DocuSign. You may contact us at 847-670-0456, ext. 1, to make an appointment to secure your time slot with one of our staff.

New Loan Applications can be completed by applying online, completing an application in the lobby, through the drive-thru, email, fax, or by DocuSign.

If you have any questions in regards to a new account or new loan, please give the office a call Monday & Tuesday 8-5pm, Wednesday 9-5pm Thursday & Friday 8-5pm, or Saturday 8-1pm at 847-670-0456 to speak to one of our friendly employees.

As a reminder, Your Money Is Safe and Insured by the NCUA.  Your deposits are federally insured up to at least $250,000 by the National Credit Union Administration (NCUA).

Stay up to date with our COVID-19 response here.