We love to help people in our community achieve the dream of homeownership.

If you're thinking about buying a home or already have a mortgage, there's a good chance you could be saving a TON OF MONEY. At MembersAlliance, our members flat out SAVE MORE. 

Did you know MembersAlliance members saved an estimated Two! Point! Two! Million! Dollars last year alone by choosing to bank at MembersAlliance versus the other guys?!

With an average savings of $815 a year on 15 year mortgages, $664 a year on thirty year mortgages, and $554 less in closing costs than the other guys, why would you go anywhere else?1 Do you hate money? Of course not!!! You work hard for what you have, and we're working hard for you to maximize your savings.

Banking with MembersAlliance amounts to real savings…real money in your pocket…where it belongs.

See how much you could save with your mortgage at MembersAlliance!


At MembersAlliance our mortgages offer:

  • Low, competitive rates
  • Payment and terms to fit within your budget
  • Pre-approval for better buying power
  • No pre-payment penalty
  • TruStage Home & Auto Insurance Program available
  • Access additional detailed information via WebDirect online banking:
    • Current mortgage loan status (balance, interest rate, last payment, next payment, and more)
    • Previous years tax & interest information (1098 & 1099-int)
    • Escrow information & disbursements
    • 12 months of loan account history
  • Expert personal service at every step
  • Local decision-making

Take a look at our Mortgage Application Checklist (PDF) to expedite your application! And download our Mortgage Electronic Access Authorization Form (PDF) to manage your mortgage online.

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 

Need to make your mortgage payment?

You have a variety of options available to you for making your payment. Review and determine the best way to make your payment.

Fixed-Rate Loans

A conventional home loan generally takes the form of a fixed-rate mortgage, with principal and interest payments that remain the same throughout the life of the loan. Fixed rate loans can often require as little as a 5 to 10% down payment; however, when a down payment of less than 20% is made, Private Mortgage Insurance (PMI) is required to insure the loan. MembersAlliance Credit Union offers the traditional 10, 15, 20 & 30 year fixed terms, and the YourTerm 8-30 year fixed rate terms, where you choose the term that’s right for you!

Adjustable Rate Mortgage (ARM)

These loan programs typically offer a lower interest rate than fixed-rate loans, with low rates that remain fixed for only a set period of time (typically three, five or seven years). After this period, the interest rate is "adjusted" annually based on the current economic conditions.

FHA

FHA loans are created by the Federal Housing Administration. They are a great option for borrowers that need flexible credit guidelines or lower down payment requirements. FHA loans are available as a 15, 20, 25, or 30 year fixed rate term and a 5/1 year term Adjustable Rate Mortgage (ARM). FHA loans require a 3.5% down payment and will allow credit scores as low as 620.

You can build your custom home to your exact specifications with a construction loan from MembersAlliance. We offer great competitive rates, experienced personnel, and local decisions and service for the life of your loan. Talk to one of our loan experts today!

  • Competitive rates
  • Flexible terms and affordable payments
  • Local decision-making
  • Service from MembersAlliance for the life of the loan
  • Interest-only payments during construction
  • Can roll into permanent mortgage at end of construction

Refinance your existing mortgage loan to MembersAlliance and save! Our competitive rates can lower your monthly payments to give you more room in your monthly budget or you can pull cash out to utilize the equity in your home for whatever you need! Ask about refinancing today!

  • Save money with our competitive rates
  • Lower your monthly payments
  • Utilize the equity in your home
  • Local decision-making 

YourTerm Mortgage

This mortgage product allows you to refinance your current loan in order to lower your interest rate and monthly payment, without extending your term. Pick your term — 8 to 30 years — with a fixed interest rate.

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Mortgage Calculator

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Mortgage Affordability Calculator

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Early Mortgage Payoff Calculator

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Learn & Earn is an educational incentive program geared to equip our members with personal finance lessons.

This program offers a wide variety of courses that offer fun and interactive learning. Along with the learning is reward earning. From loan discounts to amazon e-gift cards, there is something for everyone.

Check out our current rewards and courses below.

Home buying 101 ($200 off mortgage closing costs)

Thinking of buying a house, but have a million questions about mortgages? Look no further! This course will help you look at what mortgage options fit you and your budget, plus it helps you learn about the mortgage application process.

How do I get my reward?

In order to get your reward, you:

  • Must have an account at MembersAlliance
  • Submit mortgage application at MembersAlliance
  • Complete all material in this section

Once the course is completed a certificate will be emailed to you and the closing cost discount will be valid for 180 days past completion.

Get Started

Rewards disclaimer: Members must be in good standing, and are eligible to receive each available incentive one time per member only. Members must meet each tutorial’s requirements to receive the corresponding incentive. Incentive eligibility and payout is subject to review and approval by MembersAlliance Credit Union. Loan discounts and closing costs available on approved loans. Loans subject to credit approval. Some restrictions may apply. MembersAlliance employees are not eligible. Individual incentives may be rejected if MembersAlliance determines the individual does not qualify for redemption or attempts to subvert the intended nature of the program for personal gain.

1Annual Savings information taken from 2021 CUNA Economics and Statistics Membership Benefits Report.

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.

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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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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.