Rockford Municipal Employees Credit Union has been serving our members since 1942 offering a variety of quality financial services. Charted on July 14, 1942, the original office was located at the Water Department with Wesley Johnson at the helm for many years. In August 1992, Rock-Winn Credit Union who served Winnebago county employees merged with Rockford Municipal Employees Credit Union. RMECU provides a complete line of services for all your financial needs and takes pride in a tradition of excellent service.
Once you become a RMECU member, you also become an owner. That’s the Credit Union difference. As a member-owner, you also help guide the Credit Union’s future by voting for our Board of Directors. So, your membership really does make a difference! And as a non-profit financial cooperative, RMECU offers you better rates, lower fees and easy access to a variety of financial products and services.
Thanks to the support of our membership, the Credit Union has over 2800 members and continues to grow and offer more services to meet your needs. Whether you are looking for higher yields on savings and investment, lower rates on a variety of loans (including vehicle, personal and home equity) or convenient services such as checking, low rate VISA® and ATM access to your account, RMECU offers all this and more.
RMECU is a state-chartered credit union, organized under strict regulatory laws that are monitored and enforce by the National Credit Union Administration (NCUA) an agency of the U.S. Government and the Department of Financial Institutions (DFI) an agency of the state of Illinois. The NCUA insures each member account for $250,000.00
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154
