Great question! Our members can qualify for membership very easily. You will just need to work, worship, go to school, or volunteer in one of the counties of our field of membership. So, when you open your account with us, you will open a one-time $5.00 “Share” account which makes you a member of CMCU and an equal owner of our credit union. And if you ever decide to close your account, you will receive your $5 deposit back. You can learn more here.

Sometimes, sometimes not. If you have already found your vehicle to purchase, we can set up financing right away and you won't need a pre-qualification letter. However, if you get pre-qualified and then shop around for vehicles, we'll send you a pre-qualification letter to bring to dealerships. Some dealerships may also contact us to confirm financing as a business practice.
Your pre-qualification offer is typically valid for 90 days with CMCU. If we have not heard from you about purchasing a vehicle within those 90 days, then your loan application will be closed and you will need to reapply if you decide to obtain financing after the expiration date.

That's great! Go ahead and fill out an application and we'll help you get the financing together as quickly as possible. If you are working with a dealership, we'll just need the Purchase Agreement and Insurance Card. Our lending staff will help walk through everything with you to get you on the road faster.

We have several methods for you to make your loan payments:
CMCU Digital Banking: You can transfer funds from your CMCU checking/savings account into your loan account. Learn more here.
CMCU Mobile App: You can transfer funds from your CMCU checking/savings account into your loan account. Learn more here.
Phone: (888) 330-8482 Pay over the phone with a debit card or CMCU account transfer.
Mail: PO Box 325, Sartell, MN 56377. Please include your Account Number and Loan ID. You will not receive a payment receipt by mail but you can verify the transaction within Internet Banking.
Branch: Visit any CMCU location to make a payment.

You can avoid paying as much interest if you make larger or additional payments on your vehicle loan. This will pay down the principal of the loan which means you pay less interest and you could pay off your loan quicker. However, this does not advance your due dates... Meaning, if you make twice the payment amount one month, you will still need to make a payment on the same due date the following month.

Absolutely! We have eAlerts which can help remind you of an upcoming due date or if your payment is late. You can learn more about eAlerts here.

Yes, CMCU offers additional protection for members to add on to their loans if something unexpected occurs. Guaranteed Asset Protection (GAP) Plus with Deductible Assistance is an affordable coverage add-on that provides financial protection for what your auto insurance may not cover. GAP may help you make up the difference. Mechanical Repair Coverage (MRC) protects against unexpected vehicle repairs saving you thousands. Learn more about additional protection here.