Mount Laurel Federal Credit Union

Category: News

  • Sallie Mae Student Loans

    Sallie Mae Student Loans

    Whether you’re an undergraduate, career training or graduate student get money for school from Sallie Mae®

    Student loans from Mountain Laurel Federal Credit Union in partnership with Sallie Mae® could help!

    Sallie Mae® student loans are designed for the needs of all types of students.

    – Competitive interest rates

    – Multiple repayment options

    – No origination fees; no prepayment penalty(1)

    Smart Option Student Loan® for undergraduate and career training students

    Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.

    Find out which loan is right for you www.salliemae.com/studentloans/mlfcu

    Borrow responsibly

    We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

    These loans are made by Sallie Mae Bank. Mountain Laurel Federal Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

    Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Click here for additional eligibility information about each product.

    (1) Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

    SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

  • Are You Traveling?

    Are You Traveling?

    If you are planning on a vacation or just getting away for the weekend, please be sure to contact the credit union to have an alert put on your Debit and/or Credit Cards.

    Contact us at https://beta.mlfcu.net/contact-us/ or call 814-834-9518 and speak with a representative.

  • Welcome Potter and Forest County!

    Welcome Potter and Forest County!

    Did you know? We have expanded our Field of Membership to include Potter & Forest County! Which means, if you live, work, worship or attend school there, YOU CAN JOIN MLFCU!

    Visit https://beta.mlfcu.net/community/about-us-membership/ to find more information on how to join!

  • DRIVE4LESS Auto Loans

    DRIVE4LESS Auto Loans

    Are you experiencing “sticker shock” while shopping for a new or pre-owned  vehicle? Are you lowering your standards to get the vehicle payment you can afford instead of the vehicle you want? Do you think that buying less than a vehicle that you really want is your only option? Have you been financing your vehicle for longer loan terms than you want, just to bring your monthly payment down?

    If you are this borrower, Mountain Laurel Federal Credit Union has the solution for you! The Drive4Less program can put you behind the wheel of that new or pre-owned vehicle you want, with a monthly payment you can afford. Like a lease, the program offers monthly payments considerably lower than conventional financing. Yet, unlike a lease, with the Drive4Less program, the vehicle is titled in your name— you own the vehicle without all the hassle or hidden costs associated with leasing. 

    With the Drive4Less program, vehicles up to five model years old are eligible.  Discover the advantages of the Drive4Less program for yourself: 

    • No first or last payment or money due at signing 
    • Vehicle ownership flexibility 
    • No capitalization fees 
    • No acquisition fees 
    • Annual mileage options of 7,500, 10,000, 12,000, 15,000 & 18,000 available 
    • Option to sell, trade, refinance or payoff at any time during your loan term without any early termination fees, or 
    • Simply surrender your vehicle and “walk away” at loan maturity

    Find out how low your Drive4Less monthly payment could be. Click here to go to the AFG Calculator link where you can build your dream vehicle and compare the low Drive4Less payments to what you would pay on a conventional loan. For more information about the Drive4Less auto lending program, call MLFCU today.

    Click image below to watch a short video to learn more:

    Check our current rates here!

  • Winners of the 2025 MLFCU’s Annual Scholarship Program Announced

    Winners of the 2025 MLFCU’s Annual Scholarship Program Announced

    MLFCU has announced the winners of its annual scholarship program. Each year, the program awards several scholarships – valued at $1,000 each – to graduating high school seniors to help reduce the financial burden of pursuing post-secondary education.

    Winners are selected based on their academic achievement, extracurricular involvement, and critical thinking and writing skills.

    The following winners were selected (alphabetical order by last name):

    Kalani Clinger – St. Marys Branch

    Mallory Craig – Bradford Branch

    Emily Grosch – Warren Branch

    Ella Moses – Port Allegany Branch

    Jakob Narby – Emporium Branch

    Lance O’Neill – St. Marys Branch

    Brock Wensel – Kane Branch

    Wil Wortman – St. Marys Branch

    Congratulations to all of our 2025 Winners! We wish you the best of luck in your future adventures.

  • Debit Card Daily Limits Increased

    Debit Card Daily Limits Increased

    Announcing new daily limits!

    We’ve received multiple requests to increase the daily limit usages. Members have historically been required to call us each and every time you need to spend more than $800.00 in a given day. With today’s cost of groceries and gas, we recognize that $800.00 goes faster than expected and if you’re trying to shop and get things done on the weekends while we’re not open, it doesn’t help.

    With that being said, we’re pleased to announce that all members have a daily limit of $ 1,000.00 for their debit cards effective immediately. So now, if you need to get groceries, gas, and pay some bills using your Mountain Laurel Federal Credit Union Debit Card, you should be able to accomplish it all in one day. 

    Also, this means you have access to more cash at ATMs as well, up to $500.00. Keep in mind, some ATMs may have limits that prohibit a withdraw up to our maximum, but you should be good to go at most of them.   

    Finally, keep in mind that you cannot “borrow” funds. So this $1,000.00 is not a line of credit nor allows you to go negative in your account. You must have funds available in your account in order to use your card. If you do need to spend more than $1,000.00 in one day, please call us so we can arrange an exception on your account. We’ll ask you some verification and spending needs questions and will be more than happy to assist. 

    If you have any questions, please do not hesitate to ask! Please call the credit union at 814-834-9518 or your local branch number.

  • More Flexibility and Less Waste with eStatements

    More Flexibility and Less Waste with eStatements

    Ready to go green?

    Switch to eStatements to enjoy a simpler, safer, and more eco-friendly banking experience. 
    Get instant access to your financial statements—anywhere, anytime! It’s not just convenient; it’s empowering! 

    Why eStatements?

    Are you still receiving your monthly statement for your account and loans in the mail? If yes, then you are shuffling through papers when you could find statements from the last several years quickly online.

    eStatements are quick, easy, and secure! We take care to safeguard your information, whether you are checking your eStatement, logging into digital banking (online banking), or visiting your favorite Mountain Laurel FCU location. Plus, eliminating your paper trail reduces the risk of your account information falling into the wrong hands.

    eStatements give you the flexibility to find whichever statement you need, whenever you need it, without having to dig around and remember where you put your statements. Simply log into digital banking and find your statement with just a few clicks.

    Sign up for eStatements:

    It’s EASY to switch to eStatements:

    1. Log in to digital banking (online banking). Not using digital banking yet? Register here and choose Enroll!
    2. Select ‘Statements & Tax Forms’ in the tab menu.
    3. Click either the pop up or the setting to subscribe to eStatements!
  • Be Aware of Fake Fraud Center Scam Calls and Text Messages:

    Be Aware of Fake Fraud Center Scam Calls and Text Messages:

    The MLFCU wants to remind you to never give your personal/security information to anyone. We have been made aware of a telephone and text scam.  Scammers, impersonating Fraud Prevention Departments, are calling cardholders and attempting to deceive them into believing their card has been compromised. The caller asks for personal information, including a phone number. Once they have that information, the scammer informs the cardholder that they are sending a verification code via text and will ask for that fake code along with additional information. Now the scammer has enough information to attempt to take over that cardholders account. In addition, the caller encourages the cardholder to ignore any ongoing fraud alerts texts or calls they get regarding the account. These alerts that are being ignored are from the actual Fraud Center, concerned about what they are seeing on the account.

    Remember, you are your own best defense against fraud. NEVER give out personal information.  A legitimate Fraud Center will NEVER ask you to give them your information or to ignore alert messages.  Instead you will receive a text or call verifying a specific purchase, whether you made that purchase or not.  Depending on your answer, you will be prompted as to what action to take if any.  When in doubt call MLFCU for assistance.


  • Online Banking Multifactor Authentication (2FA)

    Online Banking Multifactor Authentication (2FA)

    Beginning January 1st, 2024, you will be required to use multifactor authentication (2FA) for your online banking account access.

    Multifactor authentication will provide you with a higher level of security than authentication methods that depend on single-authentication, in which you provide only one factor–typically, a password or passcode. Two-factor authentication methods rely on you to provide a password, as well as a second factor, usually either a security token or code that can be delivered via text message or by an authentication software.

    In the link below, you find instructions on how to set up dual authentication.

    Dual Authentication Setup Procedure

  • IRA Share Certificates

    IRA Share Certificates

    Looking for a secure way to grow your wealth for your golden years? An IRA Share Certificate from MLFCU can give you the best of both worlds.

    What are IRA Share Certificates?

    An IRA Share Certificate is a great savings tool that allows you to earn higher dividends like you would with a traditional certificate account. Start investing in your future with as little as $ 500 and this allows you to grow your money with terms from one to two years.

    IRA Share Certificate features:

    • $500 minimum opening balance
    • Competitive rates
    • Guaranteed return
    • Insured by NCUA

    Stop by an MLFCU branch or call us to open an IRA Certificate Account.

    View current rates at https://beta.mlfcu.net/rates/savings-rates/

    Certain conditions apply. An early withdrawal penalty may apply. Rates are subject to change without notice.