Paying Your Loan from Home is Easy with Online Loan Pay
Online Loan Pay is an easy way to make your MCU Loan Payment using a debit card or bank account from another financial institution, especially if you don't have time to visit a branch to make a payment. See how Online Loan Pay compares to our other loan payment solutions that you can use from home and decide which loan payment method is right for you.
Online Loan PayGo to Online Loan Pay |
Payment by PhoneCall 1-800-951-8000 |
MEMCU Online and MobileSign In or Enroll |
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How much does it cost to make a payment |
As low as $0 One time payment is $4. If you use Auto Pay to schedule recurring payments it is FREE! |
$7 The cost is $7 to make this type pf payment by phone. |
Always Free! FREE! It is free to transfer funds from one of your MCU accounts to make a payment to your loan. |
Available 24/7 |
Yes This service is available 24/7. |
No Available during our normal business hours, Monday through Friday, 8 AM to 5 PM, except on holidays. |
Yes This service is available 24/7. |
Allows you to make a payment by transferring funds from your MCU Account(s) |
No | No | Yes |
Allows you to use a Debit Card or Bank Account from another financial institution |
Yes | Yes | No |
Allows you to use a Debit Card or Bank Account from another financial institution |
Yes We accept Visa, Mastercard, and Discover |
Yes We accept Visa, Mastercard, and Discover |
No |
Allows you to schedule recurring payments |
Yes, and its free. | No | Yes, and its free. |
Get started |
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Frequently Asked Questions
The types of loans that can be paid include MCU auto loan, MCU home improvement loan, MCU debt consolidation loan, and MCU line of credit loan or personal loans. The loans must be loans held at MCU.
You can make your monthly MCU loan payment with a debit card, credit card or account from an external financial institution using Online Loan Pay. If you want to make your payment using your MCU account, you can do so for free within our online banking service.
Payments can be scheduled one time or you can set up recurring payments when you set up AutoPay.
We accept Visa, Mastercard, and Discover.
- Select the loan account that you want to pay and then click "Set Up AutoPay."
- On the Edit Scheduled Payment screen, select an account from the Pay From Account drop-down menu or Add Another Payment Method.
- Verify the payment amount and select the frequency of payments.
- Select the start date, end date, and check the "Process Before Box" if you want the transactions that fall on weekends or holidays to be processed on the closest business day before the normal payment date. Then click next.
- Review and verify the payment schedule, review the disclaimer and check the box to agree.