Loans & Rates

Loan Rates


New Autos

A new auto loan is secured entirely by the vehicles. A new vehicle is defined as a vehicle that has never been registered or a current model year with less than 5,000 miles. The member must provide the original dealer purchase order, insurance binder (with CTFCU listed at the lienholder), and title to the vehicle with the credit union listed as the lien holder. The maximum loan amount is 100% of the listed NADA retail value. The maximum loan amount is $50,000.00.

  • Up to 60 months financing
  • Up to 72 months or loans over $25,000.00



Used Autos

A used auto loan is secured entirely by that vehicle. The maximum amount of the loan is 100% of the retail value as stated by the current NADA book. The credit union requires the original purchase order, auto insurance binder (with CTFCU listed as the lien holder), and the title to the vehicle with the Credit Union listed as the lien holder. If the vehicle is purchased from a private party, the member must have a copy of the title.

  • Up to 48 months for the auto less than 3 years old
  • Up to 36 months for the auto more than 3 years old



Boats & RVs

The Credit Union offers low-rate financing on new boats and RVs is based on the amount financed.

  • Up to 84 months over $35,000.00
  • Up to 72 months over $25,000.00
  • Up to 60 months over $25,000.00

The maximum term for used boats and RVs is based on the amount financed.

  • Up to 72 months over $25,000.00
  • Up to 60 months over $25,000.00