Seattle Metropolitan Credit Union was founded in 1933 by City of Seattle municipal workers. In the 80+ years since then, we've grown with this area. We know what people of the Seattle-area and the Northwest value. We know because that's who we are, and we value those things too.
Being a local credit union means Seattle Metropolitan works very hard to make a difference in the lives of the people of this region, members or not.
SMCU has rates as low as 1.49% APR on car, truck, and motorcycle loans. And rates as low as 3.49% APR on boat and RV loans. Look around and you'll see that they're already some of the lowest in Washington. But, between now and June 30, you can ride off with a 1% rebate, up to $250 and save even more!
Spring is always the perfect time of year to upgrade your vehicle, shop for a boat to enjoy the Puget Sound, or to get an RV for road-trip season. Combine our low rates and this 1% rebate with the fact that we charge no origination fee and offer an any-time skip-a-pay program that gives you more payment flexibility, and you can already feel yourself cruising down I-5.
To apply call an SMCU loan specialist at 855-575-9352 or click the button below.
We adhere to a set of principles that have guided cooperatives like us since the late 1700s. They help us act in ways that ensure that we always make decisions that keep our members' best interests in mind. What are they?
• Membership should be open to all.
• Members should call the shots.
• Member participation benefits the entire credit union.
• Autonomy and independence set us apart.
• Financial education should be free and available to all.
• Cooperation among cooperatives is vital.
• Giving back to the community is a priority.
You'll notice none of the principles say anything about maximizing shareholder value. That's because we're owned by our members, not some outside interest looking to turn a profit.
Credit unions have always been about neighbors helping neighbors, and Seattle Metropolitan continues that tradition. We are a local financial institution built by the people we serve. Every dollar you bring to Seattle Metropolitan is used many times over to help grow a stable financial community where everyone has access to the resources they need at some of the best rates around. Here are just a few ways we give back:
Feel Good Checking is the checking account only a co-op could build. It's a free checking account with no monthly service fee and no minimum balance requirement. Feel Good Checking account holders get free checks for life1 and a great dividend rate on their first $5002. But, that's not all.
For every Feel Good Checking account opened, SMCU will donate $20 to your choice of seven non-profit organizations who are providing great services to those who need it most.
Seattle Metropolitan values education and the benefits it confers on both students and the people they impact. That’s why we created the A.G. “Tony” Marino Scholarship Program. This scholarship program honors Mr. Marino, our founder, and his many contributions to the credit union.
Each year we award ten $2,000 scholarships to eligible Seattle Metropolitan members and their dependent children.3 The scholarships are awarded based on academic standing, financial need, and extracurricular activities and/or employment.
When you become a member of Seattle Metropolitan, you get all the products and services you expect from a full-service financial institution. Products and services like:
Whether you’re buying your first home or looking to refinance a mortgage that no longer fits your needs, Seattle Metropolitan has the expertise to make sure you get the right home loan that you’ll love for as long as you love your home.
A Seattle Metropolitan VISA® credit card is one of the best deals in the financial industry. You'll get:
As part of the CO-OP ATM Network, Seattle Metropolitan gives you access to a system of surcharge-free ATM that is bigger than anything big banks can offer. You can use any of the nearly 30,000 U.S. ATMs with no fee. Check your balance, transfer money, make deposits6, and get cash wherever you go with no hassle.
Most lenders’ auto-lending services stop when you sign the loan papers. Not Seattle Metropolitan Credit Union’s.
As a Seattle Metropolitan member, you have access to Autoland™, one of the largest auto-buying services in the United States. Autoland will help you find exactly the car you want, new or used, and negotiate on your behalf, so you get the best possible deal. When you find the right car, you can do the financing right at Seattle Metropolitan and have Autoland deliver your new car to the Seattle Metropolitan Credit Union branch nearest you.
Seattle Metropolitan auto loans also come with optional services, such as:
• Anytime Skip-a-Pay, which allows you to skip up to two regular payments every twelve months7 when you need a little extra cash.
• Guaranteed Asset Protection (GAP), which in the event your car is stolen or totaled can pay the difference between what your car is worth and what you owe.
• Mechanical Breakdown Protection (MBP), also called Extended Warranty, protects you against expensive repairs at prices that can be thousands less than programs through the dealer.
• Debt Protection, which can alleviate some of the pressure of your car payment if you are sick, injured, or lose your job8.
Everyone starts somewhere. That doesn’t mean you’re stuck there forever. Sometimes, though, you need help getting from where you are to where you want to go. Turn to Seattle Metropolitan to get you on your way.
If you’ve had credit struggles, you know they can make things tough. You can’t get the credit you need. You pay higher insurance premiums. They can even make it hard to get a job. Seattle Metropolitan has years of experience helping our members create plans for getting out of debt and rebuilding their credit, so they can get a car or buy a house.
Everyone has dreams of the good life that comes after the achievements of a career well spent. To get there you need a strategy that adapts to changes and keeps your goals in focus. Seattle Metropolitan works with LPL Financial to help you get the advice and expertise you need to build your nest egg and to ensure that it lasts as long as you do.
One of the best parts of living in the Pacific Northwest is that no matter what you like to do , you can do it here. All that activity means that you don't always have time to stop by a branch to deposit a check or apply for a loan.
Seattle Metropolitan understands, and we offer a full suite of remote access and convenience services to help keep you on the go. As a Seattle Metropolitan member you can:
Use the SMCU mobile app to transfer between Seattle Metropolitan accounts, find the nearest branch or ATM, and deposit checks by taking a picture with your phone.
Access more than 30,000 surcharge-free CO-OP ATM Network ATMs to get cash across the country and around the world.
Use your Seattle Metropolitan VISA® debit card to access your checking account to make purchases anywhere VISA is accepted.
Apply for loans online and even sign loan documents electronically without ever setting foot in a branch9.
Use the more than 5,000 shared branches of the CO-OP Shared Branching Network to do your banking just as if you were standing in the Seattle Metropolitan branch in Downtown Seattle. Visit co-opcreditunions.org to learn more about the CO-OP network of ATMs and Shared Branches.
Welcome to Seattle Metropolitan Credit Union.
1 Limit one box per year
2 Enrollment in eStatements and a recurring Direct Deposit into the account are required to maintain dividends
3 SMCU Employees, Board of Directors, members of the Scholarship Committee, their families and previous scholarship winners are not eligible.
5 Loan approval and final rate are based on SMCU lending criteria.
6 Not all ATMs offer deposit services.
7 Other requirements apply. Visit smcu.com/skip-a-pay for complete details.
8 Conditions and eligibility restrictions apply.
9 Not all loan types are eligible for electronic signature.