Your home could fund your next project. Turn that hard-earned equity into cash you can use.

  • Convert the equity in your home into cash you can use
  • Competitive rates for several short-term or one-time needs:
    • Education expenses
    • Major life events
    • Home remodel projects
    • Debt consolidation
    • And much more
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work uniquely for you
  • The interest paid might be tax deductible1
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish

Take a look at our Home Equity Application Checklist (PDF) to expedite your application!

Nationwide Mortgage Licensing System "NMLS"

The Secure and Fair Enforcement for Mortgage Licensing "SAFE Act" requires the registration of a mortgage loan originator "MLO" on the "NMLS" federal registry.

MLO's" registered through MembersAlliance Credit Union NMLS # 486795 are:

  • Kasey Arney, NMLS # 2102601
  • Gianna Apel, NMLS # 1983509
  • Chris Phillips NMLS # 1571793
  • Jeremy Tall, NMLS # 696133
  • Denise Wimmer, NMLS #1603762 

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Need to make your loan payment?

You have a variety of options available to you for making your payment. Review and determine what best fits your needs.

1Consult a tax advisor.

Buy vs. Lease CalculatorDisclaimer

This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.

1. Vehicle Info
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CD CalculatorDisclaimer

A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.

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  • Total interest earned $0
  • Annual Percentage Yield (APY)0.000%
Savings Goal CalculatorDisclaimer

Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.

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Simple Loan CalculatorDisclaimer

This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.

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  • Total interest paid $0

Autos, Trucks and Motorcycles

New Auto, Trucks, Vans, Motorcycles (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
24 Months 2.50% $42.76
25-36 Months 2.50% $41.09 - $28.86
37-54 Months 2.50% $28.11 - $19.60
55-66 Months 2.50% $19.26 - $16.24
67-78 Months 2.50% $16.01 - $13.91
79-84 Months 3.00% $13.97 - $13.22
85-96 Months / $40,000 Min. 3.25% $13.19 - $11.85

Used Auto, Trucks, Vans, Motorcycles (2021-2015)

Term Rate Pmt/$1,000
24 Months 2.50% $42.76
25-36 Months 2.50% $41.09 - $28.86
37-54 Months 2.50% $28.11 - $19.60
55-66 Months 2.50% $19.26 - $16.24
67-78 Months 2.50% $16.01 - $13.91
79-84 Months 3.25% $14.08 - $13.33
85-96 Months / $40,000 Min. N/A N/A

Used Auto, Trucks, Vans, Motorcycles (2014 and older)

Term Rate Pmt/$1,000
24 Months 3.75% $43.32
25-36 Months 4.00% $41.76 - $29.53
37-48 Months 4.25% $28.89 - $20.38
48-60 Months / $20,000 Min. 4.75% $20.27 - $17.25

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Computer and Other Durable Goods

Term Rate Pmt/$1,000
24 Months 7.00% $44.79
36 Months 8.00% $31.35
48 Months 9.00% $24.90

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Home Equity - Fixed Rate - Up to 80% Loan to Value

Term Rate Pmt/$1,000
24 Months 4.000% $43.43
36 Months 4.250% $29.64
48 Months 4.250% $22.70
60 Months 4.250% $18.54
72 Months 4.500% $15.88
84 Months 4.500% $13.91
96 Months 4.500% $12.43
108 Months 4.750% $11.41
120 Months 4.750% $10.49
180 Months 5.000% $7.92

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed. Rates may vary based on credit evaluation. Rates subject to change without notice. Closing costs may vary if out of the Rockford area, an appraisal is required, or a release of mortgage is recorded.

Home Equity Line of Credit - Adjustable Rate - Up to 80% Loan to Value

Rate discounted at 4.625% for the first year. Adjusts to Wall Street Journal Prime Rate annually, which is currently at 4.750% Maximum APR = 18% Annual Fee = $10.00

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed. Rates may vary based on credit evaluation. Rates subject to change without notice. Closing costs may vary if out of the Rockford area, an appraisal is required, or a release of mortgage is recorded.

IRA/CD Rates

Type/Term Minimum Opening Deposit Rate APY Penalty for Early Withdrawal
Base IRA (Primary, Education, Roth) $500 0.050% 0.050% N/A
3 Month CD* $500 0.080% 0.080% 90 Days
6 Month CD** $500 0.150% 0.150% 90 Days
12 Month CD $500 0.250% 0.250% 180 Days
18 Month CD $500 0.300% 0.300% 180 Days
24 Month CD $500 0.350% 0.351% 180 Days
30 Month CD $500 0.400% 0.401% 180 Days
36 Month CD $500 0.450% 0.451% 180 Days
48 Month CD $500 0.500% 0.501% 365 Days
60 Month CD $500 0.600% 0.602% 365 Days

Minimum Deposit = $500.00. A penalty will or may be imposed for early withdrawals. *3 month CD not eligible for IRAs.** 6 month CD not eligible for Roth and Education IRAs.

Mobile Home

Mobile Home Loans Are Temporarily Unavailable Rate
120 Months (New) N/A
180 Months (New) N/A
120 Months (Used) N/A
180 Months (Used) N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed.

Money Market Accounts

Balance Rate APY
$2,500 - $9,999.99 0.050% 0.050%
$10,000 - $24,999.99 0.080% 0.080%
$25,000 - $99,999.99 0.130% 0.130%
$100,000+ 0.170% 0.170%

Off Road RVs, Snowmobiles and Jet Skis

New Snowmobile, Off-Road RV, Jet Ski (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
24 Months 5.50% $44.11
36 Months 6.00% $30.43
48 Months 6.50% $23.73
60 Months 7.00% $19.82

Used Snowmobile, Off-Road RV, Jet Ski (2021-2013)

Term Rate Pmt/$1,000
24 Months 6.00% $44.33
36 Months 6.50% $30.65
48 Months 7.00% $23.96
60 Months N/A N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Personal Loans (Unsecured)

Loan Type/Term Rate Pmt/$1,000
Unsecured - Signature Loan 6 Months 5.00% $169.13
Unsecured - Signature Loan 12 Months 5.50% $85.85
Unsecured - Signature Loan 18 Months 6.50% $58.47
Unsecured - Signature Loan 24 Months 7.50% $45.01
Unsecured - Signature Loan 36 Months 8.50% $31.58
Unsecured - Signature Loan 48 Months 9.00% $24.90
Unsecured - Signature Loan 60 Months 9.50% $21.02
Unsecured - Line of Credit 10.90% 3% of Limit

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit). Not available on Unsecured Line of Credit Loans.

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Primary Mortgage

Conventional Mortgages - 5% Down

Term Points Rate Pmt/$10,000 APR
15 Year Fixed Rate 0.000 4.750% $77.78 5.016%
15 Year Fixed Rate  1.000 4.375% $75.86 4.535%
20 Year Fixed Rate  0.000 4.990% $66.00 5.261%
20 Year Fixed Rate 1.000 4.750% $66.62 5.027%
30 Year Fixed Rate  0.000 5.375% $56.00 5.786%
30 Year Fixed Rate  1.000 5.125% $54.45 5.529%
5/1 Year ARM 0.000 N/A N/A N/A
7/1  Year ARM 0.000 N/A N/A N/A
Construction 0.000 N/A N/A N/A


FHA Mortgages - 3.5% Down

Term Points Rate Pmt/$10,000 APR
15 Year 0.000 5.125% $79.73 6.211%
20 Year 0.000 5.125% $66.69 6.149%
25 Year 0.000 5.125% $59.19 6.138%
30 Year 0.000 5.000% $53.68 6.012%
5/1 Year ARM 0.000 N/A N/A N/A

Monthly Payment Installment samples shown under rates  are based on every $10,000 borrrowed. Mortgage Loan Rates & APR are based on $175,000 loan. Rates are subject to change daily.  Please contact the credit union for current rates at 815-226-2260.       

Recreational Vehicles (Boats, Motor Homes, 5th Wheels, Travel Trailers, Campers)

New Recreational Vehicles (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
25-36 Months 3.50% $41.53 - $29.30
37-54 Months 3.50% $28.55 - $20.04
55-66 Months 3.75% $19.82 - $16.79
67-78 Months 3.75% $16.57 - $14.47
79-90 Months 4.00% $14.42 - $12.88
91-126 Months / $40,000 Min. 4.50% $12.99 - $9.88
127-180 Months / $60,000 Min. 4.75% $10.04 - $7.78
181-246 Months / $80,000 Min. 5.00 $7.88 - $6.51

Used Recreational Vehicles (2021-2015)

Term Rate Pmt/$1,000
25-36 Months 3.75% $41.64 - $29.41
37-54 Months 3.75% $28.66 - $20.16
55-66 Months 4.00% $19.93 - $16.91
67-78 Months 4.25% $16.80 - $14.70
79-90 Months 4.50% $14.65 - $13.12
91-126 Months / $40,000 Min. 4.75% $13.11 - $10.10
127-180 Months / $60,000 Min. 5.00% $10.16 - $7.91
181-246 Months / $80,000 Min. N/A N/A

Used Recreational Vehicles (2014 and older)

Term Rate Pmt/$1,000
25-36 Months 4.25% $41.87 - $29.64
37-54 Months 4.50% $29.00 - $20.50
55-66 Months 4.75% $20.27 - $17.35
67-78 Months 5.00% $17.14 - $15.05
79-90 Months >5.25% $15.00 - $13.47
91-126 Months / $40,000 Min. 6.00% $13.87 - $10.72
127-180 Months / $60,000 Min. N/A N/A
181-246 Months / $80,000 Min. N/A N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range. Additional terms available.

Savings/Checking Rates

Accounts Rate APY Minimum Opening Deposit
Savings Account/Business Savings Account 0.050% 0.050% $25
Youth Accounts 0.050% 0.050% $25
Free Basic Checking 0.00% 0.00% No Minimum Deposit Required
MyCashback Checking N/A N/A No Minimum Deposit Required
HSA Checking 0.00% 0.00% No Minimum Deposit Required
Business Checking 0.00% 0.00% No Minimum Deposit Required
Christmas Club 0.050% 0.050% No Minimum Deposit Required
Vacation Club 0.050% 0.050% No Minimum Deposit Required

Share (CD) Secured

Loan Type/Term Rate
Savings Secured - CD Account 2.00% Over CD Rate

Student Loans

Credit Score Rate Index (Prime Rate) Margin Rate
=>820 4.750% -0.250% 4.500%
760-819 4.750% 1.500% 6.250%
700-759 4.750% 2.750% 7.500%
680-699 4.750% 3.750% 8.500%
660-679 4.750% 5.750% 10.500%

Adjustable quarterly based on the Prime Rate. Floor Rate: 3.00%, Ceiling Rate: 18.00%

Visa Credit Card

Card Type APR for Purchases, Cash Advances and Balance Transfers
Visa Platinum Rewards Card 8.90% to 17.90%

APR is based on your creditworthiness at the time of account opening.