Auto New and Used Program Summary

Rate Matrix (Experian v9 – Effective March 21, 2025)

Term

A+ 750+

A 700-749

B 660-699

C 640-659

D 600-639

E <600

24 mo.

3.75%

4.00%

4.75%

6.75%

12.50%

14.75%

36 mo.

3.75%

4.00%

4.75%

7.00%

12.75%

14.75%

48 mo.

4.00%

4.00%

4.75%

7.25%

13.00%

15.00%

60 mo.

4.25%

4.25%

4.75%

7.50%

13.25%

15.25%

72 mo.

4.50%

4.50%

5.00%

8.75%

14.25%

N/A

84 mo.

4.75%

5.00%

5.25%

N/A

N/A

N/A

Maximum Debt Ratios

  • A+ / A: 50%
  • B: 45%
  • C / D / E: 40%

Loan Amounts

Minimum: $5,000
Maximum: $85,000 (Board approved)

Maximum Finance Amounts

New Vehicles (2025-2026)

  • A+ / A / B: Up to 120% MSRP
  • C / D: Up to 100% MSRP
  • E: Up to 100% MSRP

Used Vehicles (2017-2024)

  • A+ / A / B: Up to 120% RKBB
  • C / D: Up to 110% RKBB
  • E: Up to 100% RKBB

Used Vehicles (2016 and Older)

  • A+ / A / B: Up to 100% RKBB
  • C / D: Up to 90% RKBB
  • E: Up to 80% RKBB

Repayment Terms

84 months: Minimum loan $25,000
72 months: Minimum loan $20,000
60 months: Minimum loan $15,000

Policy Notes

  • Maximum vehicle age: 10 years (exceptions can be made)
  • No salvaged, rebuilt, flood, lemon-law, or straw purchases
  • Business and commercial loans are ineligible
  • Valuations based on Retail KBB or MSRP
  • Proof of income required for new members and for B/C/D/E existing members
  • Rate is based on highest borrower credit score
  • Net trade-in negative equity capped at $7,500
  • Maximum unsecured ratio: 30%
  • Rated based on applicant, not guarantor
  • Rates/terms subject to change at any time