Holiday Closing

Meijer Credit Union will be closed on Saturday, May 24th - Monday, May 26th, 2025 for Memorial Day.

Please consider using online banking & other self-service options to check your accounts. We recommend the contact us page for non-urgent questions. You can also check your account with Online banking or our Mobile App. If you don't already have access, contact us today to reset your password. 

We will resume our standard business hours on Tuesday, May 27th, 2025.

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All Credit Approved.

Do you have one year of service?

Then you just may be eligible.

Get automatically approved for a loan just by being a Meijer Team Member! Meijer Credit Union is rewarding you for your hard work and dedication to Meijer with the exclusive Meijer Team Member Loan.

Details and Qualifications:

  • ALL CREDIT APPROVED!*
  • $500 Meijer Team Member loan available initially; 6 month term
  • $1000 Meijer Team Member Loan available once the initial loan has been paid in full per terms; 12 month term
  • Must be a Meijer Team Member for at least one (1) year for both loans
  • $25 upfront processing fee on $500 loan
  • $45 upfront processing fee on $1000 loan
  • Be (or become) a Meijer Credit Union member
  • Have Meijer payroll direct deposited into a Meijer Credit Union account
  • Weekly loan repayments through payroll deduction
  • Only one (1) outstanding Meijer Team Member Loan at a time
  • Previous delinquencies may cause denial of loan
  • Must be current on all other Meijer Credit Union loans
MTM Loan

 

Apply Today!

Questions? Call our loan department at (616) 784-4822, option 4.

* Credit score will be pulled but will not be used in underwriting.
** $500 loan repayable in 6 monthly installments, will have an APR of 24.584% and monthly payments of $84.92.
$1000 loan repayable in 12 monthly installments, will have an APR of 24.414% and monthly payments of $90.50.

 

Additional Questions

Direct Deposit & Payments

One of the first steps to getting this loan set up is establishing direct deposit from your Meijer Payroll for your weekly payments. You can not only set up your payroll to cover the weekly payment, but you can also use it to cover the processing fee.

 

Application Fees:

$500 Loan- $25 Fee

$1000 Loan- $45 Fee

 

Weekly Payments:

$500 Loan- $22 per week

$1000 Loan- $23 per week

How to: Meijer Team Member Loan Process

The application is located on our website and is under "Loans & Credit Cards" at the top of our home page.

Step 1: Become a Member- Click Here

Step 2: Apply for MTM Loan- Click Here

Step 3: A loan officer will contact you by phone, email or text to ask you a few questions and confirm the details of your application.

Questions:

  • Are you still employed with Meijer?
  • What store do you work at?
  • Provide a reference- Family member or friend that doesn't live within your household just in case your contact information becomes outdated.
  • Are you in bankruptcy?
  • What is the purpose of this loan?

Step 4: Set up your Meijer Payroll to direct deposit into your MCU account.

Step 5: Deposit the application fee through payroll or by visiting a shared branch. To locate a shared branch Click Here

Step 6: Once you have completed the application and the steps above you will need to sign your loan documents. This can be done on your phone or on a computer.

Step 7: Get your money- And just like that your funds will be in your MCU account. You can login to online banking to review your balance.

 

Below is a screenshot of our loan application. If you are already a member, you can use your online banking sign-in and it will fill in your personal information. This application is available on your desktop or on your mobile device.

An image of the Quick loan application menu

Can the MTM Loan improve my Credit Score?

Having consistent on-time payments will certainly help improve your credit score. This coupled with some of the tips below can really make a difference.

What is a Credit Score?

  • Lenders use this number to predict your credit risk.
  • A credit score is a three-digit number usually ranging from 300 to 850
  • A credit score considers the information appearing on your credit reports as maintained by the three national credit reporting agencies (Experian, TransUnion and Equifax).

Can I Improve my Credit Score?

Yes, you can and you should! Here are some tips and tricks to improve your score:

  • Our Meijer Team Member loan is available to those who have worked for Meijer for 1 year or more and can help to build or better your credit.
  • We also offer a credit builder loan that is available to all members. This can help to build your credit by showing on-time payment history with the longevity of any term you choose.
  • Closing of credit cards can hurt your credit score
  • Closing and early payoff of loans or lines can also hurt credit as length of credit is a factor in credit score computation. (longer is better as it shows stability)
  • On time payments for loans, medical bills, utilities, taxes, etc. are all factors in helping credit either through showing on-time payments or avoidance of collections.
  • Any inaccurate items can and should always be disputed.
  • The best thing you can to do improve an existing score, is to have a conversation with one of our loan officers, as each member’s situation is unique and we are experienced in providing guidance and support.

 

 

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