Auto Loan Rates

Effective 10-21-2015

Auto loan rates are as low as 2.00% W.A.C. for purchases and refinances from another lender. Loan rates and terms vary depending on year and mileage of vehicle and credit score.

Lending Tiers

	
		Lending tiers
		
				
				A+
				A
				B
				C
				D
				E
			

		
				CREDIT SCORE
				730 +
				729-680
				679-650
				649-600
				550-599
				549 or Less
			

				DEALER FLAT
				200
				200
				200
				200
				200
				200
			

              TOTAL - LTV
              125%
              115%
              110%
              100%
              90%
              80%
            

	

NEW Auto 2025-2026 Mileage Under 10,000

	
		New Auto Loan
		
				TERM
				MIN LOAN
				Tier A+
				Tier A
				Tier B
				Tier C
				Tier D
				Tier E
			

		
				36
				
				2.00
				4.25
				5.25
				8.50
				9.50
				N/A
			

				48
				
				4.00
				4.50
				5.50
				8.75
				9.75
				N/A
			

				60
				
				4.25
				4.75
				5.75
				9.00
				10.25
				N/A
			

				66
				
				4.50
				5.50
				6.00
				9.25
				10.75
				N/A
			

				72
				$15,000
				4.75
				5.25
				6.25
				9.50
				11.25
				N/A
			

				84
				$25,000
				5.00
				5.50
				6.50
				9.75
				N/A
				N/A
			

	

USED Auto 2020-2026 Mileage between 10,000 and 60,000

	
		Used Auto 2020 - 2026
		
				TERM
				MIN LOAN
				Tier A+
				Tier A
				Tier B
				Tier C
				Tier D
				Tier E
			

		
				36
				
				5.75
				6.25
				7.25
				9.75
				11.25
				FS
			

				48
				
				6.00
				6.50
				7.50
				10.00
				11.50
				FS
			

				60
				
				6.25
				6.75
				7.75
				10.25
				12.00
				FS
			

				66
				
				6.50
				7.00
				8.00
				10.50
				12.50
				FS
			

				72
				$15,000
				6.75
				7.25
				8.25
				10.75
				13.00
				FS
			

	

Used Auto 2012-2019

	
		Used Auto 2012 - 2019
		
				TERM
				MIN LOAN
				Tier A+
				Tier A
				Tier B
				Tier C
				Tier D
				Tier E
			

		
				36
				
				6.75
				7.25
				8.25
				10.75
				13.00
				N/A
			

				48
				
				7.00
				7.50
				8.50
				11.00
				13.50
				N/A
			

				60
				
				7.25
				7.75
				8.75
				11.50
				14.00
				N/A
			

				66
				
				7.50
				8.00
				9.00
				12.00
				14.50
				N/A
			

	

Loan Terms & Conditions

$100.00 Loan Origination Fee on each funded contract OR CCU will short fund Dealer Flat.
$25.00 Membership Deposit required on all new Members OR CCU will short fund Dealer Flat.
$200.00 Dealer Flat paid on all contracts.

No Back End Adds: LTV is all on the Front End
Front End LTV Advance: Based on 100% of MSRP (New) - NADA Retail (Used) includes TT&L and Dealer Fees.
GAP $800, Warranty $3,000. Warranty must cover minimum half the term of the loan and must be cancellable; cost not to exceed 25% of vehicle value.
- New: Current or Prior Year Models under 10,000 miles.
- Used: Any vehicle 2012 or newer with over 10,000 miles.
Maximum Mileage: 2012 or newer vehicles, up to 150,000 and 200,000 for Diesels.
Add 1.0% to rate for vehicles over 100,000 miles OR 2.0% for vehicles over 125,000 miles.
No Straw Purchases. No Salvage, Gray Market or Lemon-Law buy back vehicles financed.
CCU does not finance commercial / business vehicles. No POA or Trust loans.
Multiple vehicle sales within 60 days are subject to CCU approval.
Motorcycle or RV Loans: Add 2.0% to rate. LTV Guidelines for Auto Loans apply.
Proof of Income - All applicants must verify income with two recent pay-stubs from employer.
All Self-employed applicants must provide 2 years of tax returns.
680 Credit Score or higher qualifies for a first payment date of 60 days.

Automatic System Approvals and credit union Pre-Approvals are subject to verification and must be within lending guidelines.

Lending Guidelines

MAX FRONT END ADVANCE shown above is based on MSRP (New) and NADA Clean Retail (Used)
MAX FRONT END ADVANCE includes Tax, Title, License and Dealer Fees
BACKEND ADDS: May add Dealer GAP with a maximum of $800 and Warranty with a maximum of $3,000.
WARRANTY MUST COVER AT LEAST HALF THE TERM OF THE CONTRACT
Tier Grade "A+" or "A" may have a first payment date of 60 days out.
NEW = Current or Prior Year Models under 10,000 miles.
USED = Any vehicle 2012 or newer, that does not qualify as New.
Max Mileage for 2012 or newer vehicles, up to 150,000 and 200,000 for Diesels.
Add 1.0% for vehicles over 100,000 miles OR 2.0% for vehicles over 125,000 miles.
Dealer Flat pays a minimum of $100. No Straw Purchases, Branded Titles or Gray Market Vehicles.

Additional Information

There is a $100.00 Loan Origination Fee on each funded contract OR CCU will short fund Dealer Flat.
There is a $25.00 Membership Deposit required on all new Members OR CCU will short fund the Dealer Flat.
There is a $200.00 Dealer Flat paid on all contracts.
All New Member and Co-Apps subject to CCU (Cooperative Credit Union) review.
Non-Members are welcome but must be eligible for CCU membership.
Multiple vehicle sales within 60 days are subject to CCU approval.
CCU does not finance commercial / business deals.
All applicants must verify income with two recent pay-stubs from employer OR self-employed applicants must provide 2 years of tax returns.

Non-Auto Loan Rates

Motorcycles, Motor Homes, Boats: add 2% interest to the lending rates and terms above.
New ATV's, Four Wheelers and Lawn Mowers, New or Used Tractors, Classic Cars: 12.9%, Max 60 months.
Share Secured: 2% (can use multiple accounts to secure loan), Max 60 months
Share Certificate Secured: as low as 2%, Max 60 months
Signature Loan: 9.9% - 11.9% with a maximum of $12,000, not to exceed their monthly income. Max 60 months
Credit Cards: 12.9% for up to $12,000 line of credit.

Mortgage Rates

	
		Mortgage Rates
		
				Type of Mortgage
				Term
				APR as low as
			
				1st Mortgage
				20 Years
				Current Market
			
				Home Equity Loan
				10 Years
				Current Market +2%

All Savings and Lending Rates are subject to change by the Board of Directors without notice. Rates posted may not be current.

Loan Rates