IMPORTANT INFORMATION REGARDING YOUR LOAN APPLICATION
If your loan is approved and funded, you will be required to open a savings account at Motor City Co-op Credit Union. We will ask you for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your Michigan State driver’s license, state ID or other identifying documents. There is a one-time membership fee of $3 and a minimum initial deposit of $10 required. Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account to help the government fight the funding of terrorism and money laundering activities. To continue to your loan application, please click the link below that you have read and understand this statement.