Graduation Loans


It’s been years of hard work and dedication, and we’ve been honored to support you financially as your credit union. When you started as an undergrad and opened a student account, you were just beginning your financial and educational journey. Now that you've graduated, we want to let you know we’ll still be there every step of the way. As an alumni of the University of Michigan, you can use your UMCU account for the rest of your life – no matter where you live. Enjoy all the products and services you know and trust.

•    Keep access to the nationwide network of 30,000+ CO-OP ATMS. No matter where you go, we’re only an ATM away.
•    Continue to check your balances, make transfers, and more with the Online Banking portal and mobile app
•    Retain the products and services you trust – and be the first to know when new opportunities arrive!

We want to celebrate your achievements by extending two special loan offers to mark this momentous occasion.
 

Graduation Loan

Start a new financial chapter with:

  • 0.50% Off An Auto Loan
    • Must be a new loan to UMCU*          
    • No restrictions on vehicle's year, make, or model             
    • Same interest rate on new or used vehicles
    • Convenient application process
    • Flexible repayment terms
 
  • My Choice Personal Loan – Just 8.00% APR**
    • Borrow up to $50,000
    • Fixed-rate loan with predictable monthly payments for easy budgeting
    • No collateral required
    • Up to 60-month term
    • Use money how you see fit: trips, debt consolidation, and more!

Apply Today for the Graduation Loan

Apply Online

Use the UMCU convenient online application.      

Online Banking or Mobile App

You may inquire by submitting a secure message through online banking or our UMCU mobile app and use Graduation Promo in your subject.
 

By Phone

Contact one of our team members and they would be happy to assist you with your savings goals. Give us a call.
   

In Person

Stop in at one of our branch locations and get in-person attention to help answer any questions and to open your certificate of deposit.
   

Insured by the National Credit Union Administration (NCUA).
 
*Actual rate based on creditworthiness. Special rates valid for one year from date of graduation from an accredited university. Subject to credit
approval. Additional limitations, terms and conditions apply, and are subject to change without notice. May not be combined with other promotions or discounts
**APR = Annual Percentage Rate