safe federal credit union auto loan rates

The $1-billion SAFE Federal Credit Union has 117,000 members. As New Mexicos largest federal credit union, Nusenda offers members higher savings rates, lower loan rates, convenient locations, & community growth. The credit union’s Bishopville branch turned in the strongest loan performance, achieving 114% of its goal. Current equity loan, home equity line of credit, and other home loan rates and disclosures. Shopping for a new car or maybe something fun like a RV or boat Whether youre looking for a car loan, motorcycle loan, boat loan, motorhome loan, or even an ATV loan, UNIFY Financial Credit Union provides low-rate vehicle loans nationwide. SAFE said it generated a total of 3,108 loans, with an average loan amount of $25,546. Current business credit card rates and disclosures. Television advertising, which highlighted how SAFE auto loans fit every stage of members’ lives, also appeared to resonate very well, the credit union said. The credit union said several elements drove the success of the loan campaign, including the attractive rates that were advertised heavily, with an emphasis on loan pre-approvals. “With that, we may have lowered our projections a bit, but we were incredibly pleased and surprised at the results.” “After the great success of our 2016 promotions, in the Spring and the Fall, we believed we had pretty much saturated our auto loan market,” said VP-Lending Ronnie Warner.

The loan total exceeded SAFE’s goal of $51 million by almost 60%. For the promotion period, SAFE offered interest rates as low as 2.24%, for up to 60 months, well below its usual 2.99% auto loan rate.

The credit union said $50 million of the total loan volume was in the form of indirect lending through SAFE.Īccording to SAFE, the total volume of new loans during the 10-week campaign was 13% higher than the previous record of $70 million, set in the Spring of 2016. Representative Example: Payments are rounded to the nearest $1.SUMTER, S.C.–SAFE Federal Credit Union is reporting it set an auto loan record with $79.4 million in lending during its Spring 2017 “Driving You Forward” promotion, generating more than 3,000 loans and adding nearly 2,000 new members. Rates and terms are subject to change without notice. Additional terms and conditions may apply. Check SAFEs current rates on consumer, mortgage, auto, and recreational vehicle loans. Auto loans with insufficient collateral cannot be financed.Īll rates quoted above are Annual Percentage Rates (APR)Ģ Additional Information: All rates, except the Variable Rate Visa, include a 0.50% reduction for automatic transfer/payroll deduction. Cash out used car financing includes mileage and the installed options. 125% auto refinancing excludes existing F&A auto loans. Used Auto loans are limited to California, Arizona, Nevada, Oregon, Washington, Texas, Idaho, Colorado and Utah. Used Auto values determined by Kelley Retail Blue Book. Mechanical breakdown protection and GAP coverage purchased through F&A are not considered in determining the loan to value. Value on new autos is based on the Manufacturers Suggested Retail Price (MSRP). Maximum vehicle age is the current model year minus 12 years (2011 models for 2023). You can also call us at 80 or visit one of our branches.ġThe maximum loan amount is $100,000. To apply, log in to Online Banking, navigate to Accounts and select Loan Application. New/Used Auto financing available up to 125% Loan to Value 1 2įinancing $25,000.00 with no down payment at 5.25% for 60 months, payment of $475.00 per month.

Safe federal credit union auto loan rates