Maine Highlands FCU

About Maine Highlands FCU Android App

To enjoy all of the features of our new Digital Banking platform, download the latest version of our Mobile App. Enrollment is required and is available via the mobile app. Don’t forget to enable biometric authentication to make sign-in even easier.

Our current members may be eligible to apply for loans with Maine Highlands Federal Credit Union. Please review the following to understand our lending information, and make sure to check mhfcu.com/loan-rates for the latest rate information.
Our personal loans have a minimum repayment period of 1 month and a maximum repayment period of 60 months. The maximum Annual Percentage Rate (APR) for a personal loan is 16%. Our minimum offered loan amount is $50 and our maximum offered loan amount is $10,000 per member.
Not all applicants will qualify for the most favorable rates or the highest possible loan amounts. Approval and actual loan terms depend on credit union membership history and credit risk evaluations (including responsible credit history, debt-to-income information, and availability of collateral). Highly qualified applicants may be offered higher loan amounts and/or lower APRs. Personal loans may not be used for college or post-college education expenses, business or commercial purposes, buying crypto or other speculative investments, gambling, or illegal purposes. Active-duty military, their spouses or dependents covered by the Military Lending Act may not pledge a vehicle as collateral.
Please review our loan cost example below:
Consider a loan where the borrower receives $10,000 at an APR of 12.99% over 60 months.The borrower would repay $227.61 every month.The total amount paid for the loan would be $13,655.95.
Actual loan terms may vary and depend on the prospective borrower’s credit profile, debts, income, membership history, etc.
Some of our loan options are intended for consolidating existing debts into a single loan. When consolidating existing debts or refinancing an existing loan, total finance charges and money owed over the period of the new loan may be more than the existing debt due to longer terms or higher interest rates.