Auto Loans
Features
Rates
Custom Quote
Resources

Auto Loans

A spectrum of low-rate auto loans for every occasion.
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We work around you.

Whether you’re an early bird or a night owl, we provide business lending on your schedule. Our online loan portal reduces the application process timeline by 23 hours or more – saving you precious time to focus on running your company.

Online Application
Online user-friendly application to help you gather and upload documents
Go at Your Own Pace
Start and save your application to finish at your convenience
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Quick Results
Speedy turnaround time – fast approval decisions!
Apply Now

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Get Pre-Qualified with a PAL

With a Pre-Approved Loan (PAL) check you enjoy the purchase power you need to make your next auto buying experience a breeze.
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1. Apply Online
Submit an application online, in person, or over the phone.
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2. Get approved
Receive your loan documents in-branch or via next day mail.
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3. Sign your PAL check
Just make the check payable to the dealer!
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4. Drive away in a new car
We’ll confirm your purchase details and final loan info.
Apply for an Auto Loan
Auto Loans

New & Used Vehicles

Got your eye on a car, hybrid, truck, van, or motorcycle? Check out our eye-catching rates on new and used vehicles and apply for an auto loan today.

  • Low, fixed rates
  • No payments for 90 days1
  • Repayment terms starting at 36 months
  • AND no credit required

Apply for an Auto Loan

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First-Time Auto Buyers

Buying your first car shouldn’t be stressful. Our deals will make you feel as good as your first ride.

  • Low, fixed rates
  • No money down
  • No payments for 90 days1
  • Loan amounts up to $35,000
  • Flexible repayment terms

Apply for an Auto Loan

Auto Loans
Auto Loans

Recreational Vehicles (RV)

What floats your boat? We have loans for a wide variety of recreational vehicles, including RVs, campers, jet skis, —and yes, boats.

  • Great low rates
  • Flexible repayment terms available

Apply for a Recreational Loan

Pre-Approved Loan (PAL) Checks

Get pre-approved2 for a new or used car, truck, boat, or RV, and receive your loan check within one business day. Use this check at any dealer and it’s as good as cash, giving you maximum buying power.

With a PAL check you:

  • Know your exact approval amount
  • Have 60 days to use your check
  • Can borrow up to 120% of the cost of a new vehicle
  • Receive up to 90 days of no payments

Get Pre-Approved for an Auto Loan

Auto Loans
Auto Loans

Car Buying Service

Discover a hassle-free experience with our Car Buying Service powered by TRUECar®.

  • Easily research the make and model of the car you’re looking for
  • Get fast pre-approval
  • Guaranteed savings
  • Members receive an average savings off $1,824 of MSRP3

How it works:

  1. Get pre-approved.
    Apply online, over the phone, or visit any of our branches.
  2. Start Your Search.
    Visit our Car Buying Service website or start below to save time and money with a hassle-free deal.

Find Your Dream Car Today

Vehicle Loan Rates4

Loan Type
APR* as low as
Term (Months)
Est. Monthly Payment
(per $1,000 Financed)
Auto Loan - New Vehicle
APR*
4.09%
Terms
Up to 84
Est. Monthly Payment
$14.51 - $29.56
Auto Loan - Used Vehicle
APR*
4.89%
Terms
Up to 72
Est. Monthly Payment
$18.52 - $29.92
Boat
APR*
6.00%
Terms
Up to 240
Est. Monthly Payment
$9.04 - $30.42
Recreational Vehicle
APR*
5.75%
Terms
Up to 240
Est. Monthly Payment
$8.88 - $30.31

Personal Loan Rates

Loan Type
APR* as low as
Term (Months)
Personal Loan
APR*
8.99%
Terms
Up to 60
Line of Credit
APR*
12.00%
Terms
N/A
Share & Certificate Secured Loan
APR*
Current +2%
Terms
N/A
Home Improvement Loan
APR*
10.99%
Terms
Up to 120

Checking Rates

Deposit Type
Dividend Rate
APY*
Minimum Balance to Open
Share Draft/Checking
Dividend Rate
0.00%
APY*
0.00%
Minimum Balance to Open
None
Money Market
Dividend Rate
0.00%
APY*
0.00%
Minimum Balance to Open
<$2,500
Money Market
Dividend Rate
0.45%
APY*
0.45%
Minimum Balance to Open
$2,500 - $49,999.99
Money Market
Dividend Rate
0.70%
APY*
0.70%
Minimum Balance to Open
$50,000 - $99,999.99
Money Market
Dividend Rate
0.85%
APY*
0.85%
Minimum Balance to Open
$100,000 - $249,999.99
Money Market
Dividend Rate
1.01%
APY*
1.01%
Minimum Balance to Open
$250,000+

Savings Rates

Deposit Type
Dividend Rate
APY*
Minimum Balance to Open
Basic Savings
Dividend Rate
0.05%
APY*
0.05%
Minimum Balance to Open
$5.00
Club Accounts
Dividend Rate
0.05%
APY*
0.05%
Minimum Balance to Open
None
Coverdell ESA
Dividend Rate
0.45%
APY*
0.45%
Minimum Balance to Open
None
Roth / Traditional IRA Share
Dividend Rate
0.45%
APY*
0.45%
Minimum Balance to Open
None

Home Equity Rates

Loan Type
Term (Years)
Rate
APR*
Variable Home Equity Line of Credit
Term (Years)
up to 25
Rate as low as
8.00%
APR*
8.00%
Fixed Home Equity Line of Credit
Term (Years)
up to 15
Rate as low as
7.75%
APR*
7.75%
Fixed Home Equity Loan
Term (Years)
up to 20
Rate as low as
8.00%
APR*
8.00%
Get a Personalized Quote

Mortgage Rates

Loan Type
Term (Years)
Points
Rates as Low as
APR* as Low as
Conventional Mortgage
Term (Years)
30
Points
0.00
Rate
6.250%
APR*
6.297%
Conventional Mortgage
Term (Years)
20
Points
0.00
Rate
5.875%
APR*
5.937%
Conventional Mortgage
Term (Years)
15
Points
0.00
Rate
5.750%
APR*
5.828%
Conventional Mortgage
Term (Years)
10
Points
0.00
Rate
5.625%
APR*
5.735%
First-Time Homebuyer
Term (Years)
30
Points
0.00
Rate
6.750%
APR*
6.799%
Get a Personalized Quote

Certificates

Deposit Type
Dividend Rate
APY*
Minimum Balance to Open
IRA 06 months
APY*
1.40%
Minimum Balance to Open
1.41%
Minimum Balance to Open
$500
IRA 12 months
APY*
2.20%
Minimum Balance to Open
2.22%
Minimum Balance to Open
$500
IRA 24 months
APY*
2.75%
Minimum Balance to Open
2.78%
Minimum Balance to Open
$500
IRA 36 months
APY*
2.90%
Minimum Balance to Open
2.94%
Minimum Balance to Open
$500
Share 06 months
APY*
1.40%
Minimum Balance to Open
1.41%
Minimum Balance to Open
$500
Share 12 months
APY*
2.20%
Minimum Balance to Open
2.22%
Minimum Balance to Open
$500
Share 24 months
APY*
2.75%
Minimum Balance to Open
2.78%
Minimum Balance to Open
$500
Share 36 months
APY*
2.90%
Minimum Balance to Open
2.94%
Minimum Balance to Open
$500
Share 48 months
APY*
3.00%
Minimum Balance to Open
3.04%
Minimum Balance to Open
$500
Share 60 months
APY*
3.10%
Minimum Balance to Open
3.14%
Minimum Balance to Open
$500

Interested in learning more? We’d love to speak with you.

Fill out our form and a representative from Spectra CU will be in touch as soon as possible.

Interested in learning more? We’d love to speak with you.

Fill out our form and a representative from Spectra Investment Services will be in touch as soon as possible.
Contact

Horace Daniel ChFEBC, CRPC
conferred by College for Financial Planning
LPL Financial Advisor
(301) 839-8826

Madea Badio
Program Coordinator
mbadio@spectracu.com
(301) 749-4806

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