Types of Loans
VACATION LOANS
You say you need a little extra cash to make this year's vacation the best ever? Then apply for a Vacation Loan from TMCU.
BACK-TO-SCHOOL
Need new clothes, backpacks, notebooks or other school supplies? TMCU has you covered with our Back to School Loan. Apply for our low rate loan to purchase any essential item you or your family might need to prepare for going back to school.
Banks say they are the best choice in town for an auto loan. We disagree! You shop for your auto, why not shop for your auto loan too? Now has never been a better time to apply for a new automobile loan. Financing as low as 5.75% is available on brand new vehicles with a 660 credit score or higher. Vehicle financing is available up to 72 months. Other restrictions may apply.
SIGNATURE & SHARE-SECURED LOANS
SIGNATURE
Personal loans for anyone needing cash for that little something you have always wanted or needed. Rates as low as 8.5% APR.
SHARE-SECURED
What is a shared-secured loan? A shared secured loan is one a member can receive by using money from their shares or other deposit account as collateral.
HOW IT WORKS: A Member, wants a loan for $5,000. The Member's balance is $10,295.97. Tex Mex Credit union will loan member $5,000 against his shares at a rate of 3.5% above CD rate (Example: CD rate 1.25% = Loan 3.75%). Available balance in shares: $5,295.97. All total shares of $10,295.97 will earn dividends at our current dividend rate.
You can apply for any amount, as long as the money is in one of your share accounts. Instead of cashing your check, deposit the amount in your shares, and get a worry-free, no hassle SHARE SECURED LOAN.
HOLIDAY LOANS
Need some extra cash to get that perfect holiday gift? Let TMCU help you! You work hard all year long to make ends meet, but when the holidays come around you may find that you don't have the money to do things for the people you care about. At TMCU, we strive to serve all of your financial needs, therefore, we are proud to offer you a holiday loan to supplement your seasonal spending budget.
Interest Rates, Term Tables & Limit Tables
Effective September 4, 2025
Unsecured Loans
| Credit Grade | 12 Months | 24 Months | 36 Months | 48 Months |
|---|---|---|---|---|
| A | 8.50% | 9.00% | 10.00% | 10.50% |
| B | 10.00% | 11.50% | 12.50% | 13.50% |
| C | 12.50% | 13.25% | 14.25% | 15.25% |
| D | 17.75% | 17.75% | 17.75% | 17.75% |
Secured Loans (Savings)
| 12 Months | 24 Months | 36 Months | 48 Months | 60 Months |
|---|---|---|---|---|
| 4.75% | 6.50% | 7.50% | 8.00% | 8.50% |
New: Auto, RV, Boat & Motorcycle Loans
| Credit Grade | 12-24 Months | 36 Months | 48 Months | 60-72 Months |
|---|---|---|---|---|
| A | 4.99% | 5.50% | 6.00% | 7.00% |
| B | 6.99% | 7.50% | 8.00% | 9.00% |
| C | 8.99% | 9.50% | 10.00% | 11.00% |
| D | 12.00% | 12.50% | 13.00% | 14.00% |
Used: Auto, RV, Boat & Motorcycle Loans
(for 48-, 60-, or 72- month loans, vehicle must be 2 years old or less)
| Credit Grade | 12-24 Months | 36 Months | 48 Months | 60-72 Months |
|---|---|---|---|---|
| A | 5.49% | 6.00% | 6.50% | 7.50% |
| B | 7.49% | 8.00% | 8.50% | 9.50% |
| C | 9.49% | 10.00% | 10.50% | 11.50% |
| D | 13.49% | 14.00% | 14.50% | 15.50% |
CERTIFICATES OF DEPOSIT
Current CD Rates as of June 20, 2024
| Terms | Interest | APY* |
|---|---|---|
| 6 Months | 2.5% | 2.5% |
| 12 Months | 2.5% | 2.5% |
| 18 Months | 0.25% | 0.250% |
| 2 Years | 0.30% | 0.300% |
| 3 Years | 0.30% | 0.300% |
| 4 Years | 0.40% | 0.400% |
| 5 Years | 0.50% | 0.501% |
* APY = Annual Percentage Yield. All rates subject to change without notice.
Early penalties may be imposed for early withdrawals. See funds availability page for more info.
