NEW YORK — Municipal Credit Union, a New York credit union established in 1916, is running its Labor Day Auto Loan Sale through Monday.

Officials said promotions include loan rates as low as 1.95 percent APR for new vehicles and 2.45 percent APR for pre-owned models.

MCU, which has assets of more than $1.6 billion and offers a full range of financial services to more than 320,000 members, operates branches in New York City, Westchester and Long Island.

Membership is open to New York City, Yonkers, and City of Mount Vernon municipal employees, state and federal employees who work in the five boroughs, employees of hospitals, nursing homes and health facilities in the State of New York, employees of select industry groups, employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester counties as well as certain family members of those in the field of membership and qualifying retirees.

"We care deeply about our members and their needs." insisted MCU's vice president of loan operations Ahmed Campbell.

"We understand that hard-working people will need to have reliable transportation with or without an economic recession occurring," Campbell continued.

"Our auto loan sale is one of the many ways in which we strive to help our members improve the quality of their lifestyle without creating a financial burden for them," he went on to say.

For more information about Municipal Credit Union, visit www.nymcu.org.