Our Products

MCCPCU Products

Savings
Loans
CDs
Mortgages

Wire Instructions

Wire Money to Your MCCPCU Account

The instructions below are used to give to the financial institution you are wiring money from to have them send money to your Mower County Catholic Parishes Credit Union Account:

Credit: Alloya Corporate Federal Credit Union
 ABA: 271987635 
City, State, Zip: Naperville, IL 60563

Further Credit: Accentra Credit Union

Account#: 291973292

City, State, Zip: Austin, MN 55912

Final Credit: Mower County Catholic Parishes Credit Union

Account#: 161265-20

Address: 307 5th St NW Austin, MN 55912

Direct Deposit Instructions

Depository Name: Accentra Credit Union
Branch: Austin
City: Austin
State: MN
Zip Code: 55912
Phone: (507) 433-1829
Routing Number: 291973292
Type of Account: Checking
Account Number: 8101612656

Loan Rates

Merit-Based Lending Program was implemented on July 1, 2006. Rates are based on Beacon Scores for both Secured and Unsecured Loans.

Share-Secured Loans are financed at 4% over the current share rate, and CD-Secured Loans are financed at 2% over the current CD rate.

Maximum individual loan, which can be made with and without security:

Unsecured Loans $10,000.00
Secured Loans $60,000.00 without board approval

Maximum loan limit set (including direct and indirect liability) as a maker (borrower) and co-maker combined are the same as the above limits.

Secured Loans Interest Rate

  
    Score
Month
Month
Month
Month
Month
Month
  

    A+
74%
00%
25%
50%
74%
74%
  

    A
74%
00%
25%
50%
74%
74%
  

    B
74%
00%
25%
50%
74%
74%
  

    C
95%
20%
45%
70%
95%
    
  

    D
95%
20%
95%
70%
95%
    
  

    E
95%
20%
45%
70%
95%
    
  

Score	12 Month	24 Month	36 Month	48 Month	60 Month	72 Month
A+	4.74%	5.00%	5.25%	5.50%	6.74%	7.74%
A	4.74%	5.00%	5.25%	5.50%	6.74%	7.74%
B	5.74%	6.00%	6.25%	6.50%	7.74%	8.74%
C	8.95%	9.20%	9.45%	9.70%	9.95%
D	11.95%	12.20%	11.95%	12.70%	12.95%
E	14.95%	15.20%	15.45%	15.70%	15.95%

Unsecured Loans Interest Rate

  
    Score
Month
Month
Month
Month
  

    A+
75%
00%
25%
50%
  

    A
25%
50%
75%
00%
  

    B
75%
00%
25%
50%
  

    C
75%
00%
25%
50%
  

    D
75%
00%
25%
50%
  

    E
75%
00%
25%
50%
  

Score	12 Month	24 Month	36 Month	48 Month
A+	9.75%	10.00%	10.25%	10.50%
A	10.25%	10.50%	10.75%	11.00%
B	10.75%	11.00%	11.25%	11.50%
C	11.75%	12.00%	12.25%	12.50%
D	13.75%	14.00%	14.25%	14.50%
E	15.75%	16.00%	16.25%	16.50%

Credit Score Grading

Grade	Score
A+	750+
A	680-749
B	640-679
C	600-639
D	550-599
E	Below 550

  
    MAXIMUM Amount for Signature Loan
  
    A+
    $10,000
  
    A
    $10,000
  
    B
    $5,000
  
    C
    $1,000
  
    D
    $1,000
  
    E
    $1,000

MAXIMUM Amount for Signature Loan
A+	$10,000
A	$10,000
B	$5,000
C	$1,000
D	$1,000
E	$1,000

Share-Secured Interest Rate = Current Share Dividend + 4%
CD-Secured Interest Rate = Current CD Rate + 2%

Share Rates

Certificates of Deposit

  
    Minimum Balance
    Term
    APR*
    APY**
  

    $500.00 minimum
    12 months
    1.50%
    1.50%
  

    $500.00 minimum
    24 months
    2.00%
    2.00%
  

    $2,000.00 minimum
    36 months
    2.50%
    2.50%
  

Minimum Balance	Term	APR*	APY**
$500.00 minimum	12 months	1.50%	1.50%
$500.00 minimum	24 months	2.00%	2.00%
$2,000.00 minimum	36 months	2.50%	2.50%

Regular Share Passbook

0.50% APY** 0.50% anticipated dividend quarterly.