Danvers Municipal Employee Federal Credit Union
OUR SERVICES
SAVINGS ACCOUNT
To open a savings account, you will need the following:
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Drivers Licenses or a form of identification
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A minimum of $5.00 in the form of cash or check
HOME IMPROVEMENT LOANS
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The Max Amount is $10,000.00
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11.99% Up to 60 months for qualified members.
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Some restrictions apply, and offers are subject to change.
MASS SAVE LOANS
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0% Interest
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Up to 84 months for qualified members.
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Visit Mass Save website
All rates as of 1/1/2025 and are subject to change
All rates as of 1/1/2025 and are subject to change
All rates as of 1/1/2025 and are subject to change
PERSONAL LOANS
VEHICLE LOANS
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Individual $2,500.00 ~ $5,000.00 with a qualified co-signer
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12 Months or less 12.00%
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13 Months or more 13%
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5.75% for new - up to 72 months
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6.25% 2018-2023 used - up to 60 months
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7.49% Older Models - up to 60 months
LEASE BUYOUT LOANS
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100% financing and no down payment
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6.25% 2018-2023 used - up to 60 months
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7.49% Older Models - up to 60 months
All rates as of 1/1/2025 and are subject to change
All rates as of 1/1/2025 and are subject to change
All rates as of 1/1/2025 and are subject to change
REFINANCING AUTO LOANS
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100% financing and no down payment
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5.25% for new - up to 72 months
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6.25% 2018-2023 used - up to 60 months
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7.49% Older Models - up to 60 months
All rates as of 1/1/2025 and are subject to change
RECREATIONAL LOANS
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7.99% New – up to 72 months
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8.49% 2017-2022 used – up to 60 months
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8.99% Older Models – up to 60 months