Current Rates


New Auto
100% financing 2.50%**
Used Auto
100% financing 3.50%**
10% down 10.25%**
Loan 14.00%**
Loan 12.00%**
Secured Loans
share or cd rate +3.00%**

*Rates subject to change without notice. Please contact CMEFCU for complete terms.

** Annual Percentage Rate


The Cumberland Muncipal Employees Federal Credit Union provides financial services to the employees and their families who work for the Town of Cumberland, The Cumberland School Department,The Cumberland Police Department, All 4 Cumberland Fire Departments, The Cumberland Housing Authority and The Northern Rhode Island Collaborative.

We pride ourselves on meeting our members financial needs. When you need a loan, we are here for you. We make it easy to apply. Just give us a call!

The Credit Union has a Board of Directors and Supervisory Committee all elected from among the membership. We are non-profit and owned by our members.

Mission Statement-

The Cumberland Municipal Employees Federal Credit Union is a community based financial institution owned by our members, our purpose is to provide financial advice and competitively priced services to our members. The CMEFCU will continually play a leadership role in the community it serves by providing high quality, personal services in a friendly environment.

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.