Student Loans

"This credit union far exceeds all others.  I would rank SMFCU as the Number 1 business in all of Saginaw."

Sue from Saginaw

"Brooke and Ann were very professional, prompt and efficient.  Your people are the reason I still do my banking through SMFCU even though I live in Northern Michigan!"

Barbra from Gaylord

When you finance your new or used vehicle with Saginaw Medical Federal Credit Union, you can count on lower payments and benefits that won’t put your pocketbook in overdrive!

Auto Loan Rates
Effective Date: Sunday, February 1st, 2015
New or Used Annual Percentage Rate (APR)
as low as
TermPayment per $1,000
2012 & Newer
Fixed Rate 2.40% up to 66 months $16.19
Fixed Rate 2.90% up to 72 months $15.15
Fixed Rate 3.40% up to 84 months $13.41
2011 & Older
Fixed Rate 2.90% up to 66 months $16.42
Fixed Rate 3.40% up to 72 months $15.38
Fixed Rate 3.90% up to 84 months $13.63

Just financed your new vehicle with another financial institution? You still have a chance to save hundreds of dollars in interest charges by refinancing with us. Saginaw Medical Federal Credit Union is here to help save you money!

Consider the benefits of an auto loan with us:

Dealer Direct Financing

When you purchase a new or used vehicle from a participating dealership, you can now finance it through SMFCU and complete your transaction on the spot!  All of the paperwork is completed at the dealership.  So now enjoy the same great rates without an additional trip to SMFCU.  Click here for a list of participating dealers.

Personal Loans

For all of your personal borrowing needs, Saginaw Medical is ready with the ideal financing program for your specific financial situation. Our personal loans offer quick approval and competitive rates, not to mention easy repayment terms.

Boat & RV Loans

How many times have you thought about taking that special family vacation or seeing our country by road? How about cruisin' down the coast with your hair flying in the wind? If the purchase of a recreational vehicle is in your future, let us help you get started on your trip! We finance Boats, Trailers, RVs and Motorcycles.

Repayment of your loan is easy and automatic with convenient payroll deduction. You can apply online, call us (989) 791-7070 ext. 3501 or stop by a location nearest you.

Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act