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Close on an auto loan by December 31 for your chance to win one of 12 exciting auto-related prizes!.*
New or Used? Start with MCU.
Your next vehicle is a big purchase. Your auto loan shouldn't make it more complicated.
Whether you're buying a new car, shopping for a used vehicle, or simply exploring your options, Memorial Credit Union is here to help you find financing that fits your budget.
New Auto Loans
Used Auto Loans
Frequently Asked Questions About Auto Loans
An auto loan is financing used to purchase a vehicle. You borrow money from a lender to purchase the vehicle and repay the loan, plus interest, through monthly payments over an agreed-upon term.
Memorial Credit Union offers auto loans for both new and used vehicles.
Yes. Memorial Credit Union offers financing for both new and pre-owned vehicles.
MCU auto financing can be used for eligible new and used automobiles. If you're unsure whether a specific vehicle qualifies, contact MCU before completing your purchase.
Getting pre-approved can be a smart first step because it helps you understand how much you may be able to borrow and gives you a better idea of your potential payment before negotiating with a dealer.
Membership is required to use MCU's loan services. Eligibility includes people who live, worship, work, or attend school in Harris County, those within a 10-mile radius of an MCU branch, select employee groups, and qualifying family or household members.
*Current MCU auto loans are not eligible for refinancing under this promotion. To qualify for automatic entry into the drawing, members must close on an eligible new or used auto loan, or refinance an auto loan from another lender, on or before December 31, 2026. Each qualifying closed loan earns one entry into the drawing. Twelve auto-related prizes, valued at approximately $50 each, will be awarded. Members may enter the drawing by submitting a handwritten form without purchase or obligation. Mail a 3×5 card with your name, address, and contact information to Memorial Credit Union, Attn: Marketing, 7789 Southwest Freeway, Suite 175, Houston, Texas 77074. Entries must be received by 5 p.m. on December 31, 2026. The 12 winners will be selected in a random drawing in January 2027. Officials and employees of the credit union and their family members are not eligible to participate in the drawing. Winners must agree to come to the lobby for a photo for marketing purposes.