HEALTHCARE AND MUNICIPAL EMPLOYEES' CREDIT UNION LIMITED offers personal loans for nearly every borrowing need, with a variety of terms and prepayment options.

You can borrow for home renovations, vacations, new and used cars and trucks, investments, education expenses, debt consolidation or personal expenses. Whatever you're borrowing for we're sure to have a loan to suit your needs. PAYMENTS can be set up to be payroll deducted, automatically and at no charge. Choose from weekly, bi-weekly or monthly payments. Payment terms available for 5 years and in some cases up to 10 years.

Other Features

  • Competitive rates on loan life and disability insurances.
  • All our personal loans are "open" and can be paid in full prior to maturity without penalty.
  • Competitive interest rates starting at HMECU PRIME.
  • Same day approvals 100% financing available

Notice to members who have CUMIS Monthly Premium Life Insurance

on a line of credit of $50,000 or less: rate adjustment effective November 1, 2013.


You have made a wise choice enrolling for Creditor Insurance on your line of credit loan to protect you and your family against life’s unforeseen events. You will continue to have peace of mind knowing you and your family are protected.

If you currently have a CUMIS Monthly Premium Creditor’s Group Insurance certificate with life insurance on a line of credit loan with an authorization limit less than or equal to $50,000 and if you are aged 51 or older, your rates are being adjusted on November 1, 2013. This will result in an increase in your Life Insurance premium. If you are under the age of 51 your rates will not be impacted until your 51st birthdate.

If you are aged 51 or older, you will receive a notification letter from CUMIS to advise you of this rate adjustment which will outline your current and new premium rate per $1,000 of life insurance coverage. Please watch your mailbox for this official notification being mailed in October 2013.

It’s important to remember that life can be unpredictable and being prepared for the unexpected is one of the greatest gifts you can give your loved ones. Creditors Insurance, provided by our partner, CUMIS, provides peace of mind that is priceless.

If you have any questions once you receive your notification letter from CUMIS, please contact CUMIS Customer Service at 1.800.263.9120. They have representatives available Monday to Friday from 8:00 a.m. to 8:00 p.m. EST.

For additional information on our creditor insurance partner, CUMIS, you can also visit their website at


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