To apply for an auto loan, you will need the following information:
Once approve, to finalize your auto loan, you will need to do the following:
Members and non-members can apply for a loan online using our secured loan application. You can also call the credit union during our business hours as well as visit us at our branch located at 1615 Pontiac Ave, Cranston RI.
No. You do not have to be a CME CU member to apply for a loan. Once your loan is approved, you will need to join the credit union before we can disperse the funds for your loan.
The application process takes just a few minutes and depending on how quickly the required documentation is provided we can fund your loan in just a few days. We will call or send a secured email if additional information or further review is needed on your application.
Once all documentation is provide to finalize your loan, you can visit our branch to receive your check OR we can send it by FedEx to your home of record.
Your monthly payment is determined by a number of factors that make up your purchase or refinance loan. These include manufacturer's rebate, the trade-in value of your old vehicle less any balance owed and yourt down payment, just to list a few.
Once the amount of your loan is determined the interest rate and the term of the loan will be used to estimate your monthly payment. To estimate your monthly payment, try our Monthly Payment Calculator.
Daily Card limits for cash and purchases are separate limits. The standard limits are $515.00 daily on cash and $1,500.00 daily on purchases (provided funds are in account). Members can request a temporary or permanent increase to these limits by contacting CME CU.
No. To borrow, receive a debit card or overdraft protection, you need to be 18 years of age or older.
Our branches are open Monday, Tuesday & Wednesday from 9:00am to 4:00pm and Thurday & Friday form 9:00am to 5:00pm. Branch hours may vary during holidays.
A Certificate of Deposit (CD) is a savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. When you open a CD, your money is on deposit for a specific time period. For agreeing to keep it on deposit for a specified time period, you earn more than you would in a regular savings account. If you cash it in before its maturity date, you pay a penalty.
Here is a link to our rates today's. You can also open your certificate today.
To add or remove a joint owner you can email us the request at cranstonmecu.org, call us at at (401) 463-3010 or visit our office office. We will them provide you a change of joint owner form to complete and provide us to make the change.