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Saginaw Medical Federal Credit Union Go to main content

Loan Specials

Summer Skip-A-Pay

Members are able to skip their qualifying May, June or July loan payment. 

  • There is a $35 processing fee for each skipped loan
  • Qualifying loans to be skipped must be current to consider2

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2First mortgages, second mortgages, home equity loans, credit cards, lines of credits, commercial or business loans, TDR/workout loans, or any loans that have not had at least three monthly payments applies are not eligible for this offer. Members can have one skip a pay plan in any six month period, but no more than two in a twelve month period. 


Vacation Loan Special

Take the vacation of your dreams for only $45! Enjoy a vacation for less than $45 a paycheck!!  6.99%APR for up to 12 months! Our application process is quick and easy - you'll be ready for vacation by the end of the day!

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APR = Annual Percentage Rate. Interest rate and term are based on creditworthiness and loan guidelines. 12 monthly payments of $86.52 per $1,000 borrowed based on best rate or 24 biweekly payments of $44.77 per $1,000 borrowed based on best rate.

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