Summit FCU has dropped our New and Used Auto interest rates.  This will also include refinance Auto interest rates.  Our New/Used Auto rate is now as low as 2.99% APR*. Loan term can range between 24-66 months. 84 month term is also available.

We also dropped our “Other Secured/Collateral” loan interest rates. Our “Other Secured/Collateral” loan rates start as low as 4.49% APR*. Various terms are available for this type of loan.

You can save even more with our Loyalty Rewards program.

These lower rates also apply to refinancing an existing Summit FCU loan. If you have an existing Summit FCU loan that you want to try and refinance for the lower rate, there must be a minimum of $1,000 new money disbursed with the new (refinanced) loan.

*Loan Payment example: New Auto Loan: $15,000 for 66 months at 2.99% APR (Annual Percentage Rate)= $247.06/month payment with a total finance charge of $1305.96. 45 days until first payment is due. All loans subject to normal credit approval terms and risk analysis. Some exclusions apply. All rates and terms subject to change without notice. Contact SFCU staff for more information about applicable fees and terms.

Loan Payment example: Other Secured/Collateral Loan: $15,000 for 60 months at 4.49% APR (Annual Percentage Rate) =$280.10/month payment with a total finance charge of $1806.00. 45 days until first payment is due. All loans subject to normal credit approval terms and risk analysis. Some exclusions apply. All rates and terms subject to change without notice. Contact SFCU staff for more information about applicable fees and terms.