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Loans > Teacher Loans 

Teacher Loans

In 1950, a Montgomery County teacher needed a loan to cover medical expenses and could not obtain one through her bank or education union. As a result, a group of teachers came together and formed MCT Federal Credit Union—a cooperative financial institution.  As a credit union founded by teachers for teachers, we are dedicated to creating custom loan and savings products to meet your needs. 


Preferred Teacher Loan*

Whether you are new to the area and need money to cover relocation expenses or you are getting ready for classes and need money for supplies or a new wardrobe, this is a great loan to help you kick off the new school year.  You can borrow up to $2,500 for up to 12 months. 


Rates        Calculators        Apply Now

 

 

Preferred Teacher Vehicle Loan*

Getting started in your new career can be tough when you have little or no credit.  So, we designed this special new/used vehicle loan to help you get the financing you deserve.


 Helpful Auto Buying Resources        Rates        Calculators        Apply Now

 

 

*Direct Deposit and Direct Pay (payment made directly from your Direct Deposit) is required to qualify for a Preferred Teacher First Time Vehicle Loan.


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