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Teacher Loans
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Teacher Loan Specials*
In celebration of Teacher Appreciation Week (May 3-May 9), MCT is offering special rates on our Preferred Teacher Loan and Preferred Teacher Vehicle Loan. Available for a limited time only-just for teachers!
Helpful Auto Buying Resources Rates Calculators Apply Now
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*Scholar Series Discount DOES NOT apply. Used II vehicles are excluded. Existing MCT auto loans ARE NOT eligible for MCT financing.
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.

