Online Banking
Become a Member
Helping Clergy with financial well-being so they can focus on their ministries

Clergy Assist

The United Methodist Credit Union’s ClergyAssist program was created with our primary mission in mind – to help clergy and their ministries.

When TUMCU was founded in 1952, only clergy could become members. It was recognized that clergy had very unique financial challenges – not the least of which was securing credit. Most pastors had relatively low earnings (made to look even lower with housing allowances), rarely owned a home, and moved frequently. We understand these challenges and are here to help. A burden of debt can impact peace of mind, and in turn, the capacity to serve.

Pastors must first become TUMCU members in order to apply for lending services. That part is easy and free, and that can be done using this link > https://www.tumcu.org/join/. Once a member, the ClergyAssist program can provide assistance for both active and retired clergy. The following are some of those resources.

Emergency Loans

We can make any active or retired clergy a one-year loan up to $3,000 without a credit check. The interest rate is 10.00% and is repaid by payroll deduction or a scheduled transfer from another institution.

Funds can be made available as soon as one business day.

Apply Here
Signature Loans

Pastors are invited to apply for a discounted signature (unsecured) loan.

Depending on credit, you could qualify for as much as a $25,000 loan and a rate as low as 8.99%.

Apply Here
Special Loan Program

Using a grant from the Lilly Foundation and made available through Wespath, TUMCU can offer qualifying United Methodist clergy loans of up to $25,000 at the rate of only 5.75%!

Requirements beyond a satisfactory credit profile include:

1. The borrower must remain in good standing with their Conference.

2. Loan repayment must be done through automated transfer from a TUMCU Secured Checking Account ($5 monthly and includes identity theft protection and other features).

3. The borrower must participate in the financial education program specified for this program within 90 days (note: all program content is online and can be completed independently at your convenience).

Apply Here
Insured by the NCUAYour savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States government.
Equal Housing Lender LogoEqual Housing Lender - We do business in accordance with the Federal Fair Housing Law and the Equal Housing Opportunity Act.
Visit us on Facebook. Visit us on Facebook. Visit us on Facebook.
Links to other websites have been provided solely as a member convenience. The credit union is unable to control the content of these sites and assumes no liability for the content, accuracy, or availability. Be advised that our privacy policies do not apply to linked websites, and the viewer should consult the privacy disclosure on that site for further information.