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Products & Services >> Loans

Secure Online Loan Application | Loan Calculator

New and Used Auto Loans

  • Up to 95% financing to purchase a vehicle.
  • Up to 80% financing on vehicle you already own.
  • No prepayment penalty.
  • Optional Credit Life and Disability Insurance available.
  • Same day turnaround available.
  • Click here to view our rates.
  • If you would like to view/print an application package, please click here.

Unsecured Loans

  • Special rates for vacation, holiday, computer and education loans.
  • No prepayment penalty.
  • Optional Credit Life and Disability Insurance available.
  • Same day turnaround available.
  • Click here to view our rates.
  • If you would like to view/print an application package, please click here.

MasterCard

  • No annual fee.
  • Low interest rate.
  • Cash advances are same low rate as purchases.
  • Personal service.
  • If you would like to view/print an application package, please click here.

MORTGAGES

  • First and Second Mortgage Terms from 15 - 30 years
  • Competitive Rates
  • Loans up to 80% of the appraised value of your home.
  • Second Mortgage loans may be for any purpose (such as; college, vacation, loan consolidation, etc.)
  • Optional Credit Life and Disability Insurance available, on second morgages. 
  • Click here to view our rates.
  • If you would like an application package, please contact the Credit Union at (413) 787-9259 or email us at WEMELCO.

Home Equity LOC

  • Low variable rate of prime less 1/2%.
  • No legal fees or closing costs.
  • Convenient loan checks.
  • No prepayment penalties.
  • Click here to view our rates.
  • If you would like an application package, please contact the Credit Union at (413) 787-9259 or email us at WEMELCO.

Share/Stock Loans

Share/Certificate Secured

  • Up to 100% value of shares/certificate pledged.
  • Up to 10 years payback.
  • No prepayment penalty.
  • Optional Credit Life and Disability Insurance available.
  • Click here for our rates.
  • If you would like to view/print an application package, please click here.

Stock Secured

  • Up to 70% value of stock pledged.
  • Up to 10 years payback.
  • No prepayment penalty.
  • Optional Credit Life and Disability Insurance available.
  • Click here for our rates.
  • If you would like to view/print an application package, please click here.

Credit Life and Disability Insurance

At the time of the loan, financed Credit Life and/or Disability Insurance is available on all fixed rate loans. The affordable premiums are added into the loan balance. This service is provided to offer the borrower peace of mind knowing their family is protected.

  • The disability insurance makes loan payments when a disablility occurs that prevents an insured member from doing their day-to-day activities.
  • Age and amount restrictions apply.


Wemelco Credit Union
300 Cadwell Drive, Suite 2
Springfield, MA 01104-1732
413-787-9278