Vehice Loans

Did you know that, on the average, credit union’s interest rates on car loans are 26% LOWER than commercial banks? You have to ask yourself why anyone would want to spend 26% more than they have to?!? At North Bay Credit Union we constantly monitor the rates on car loans from other financial institutions to ensure that ours are among the best. We do your rate shopping for you!

Credit Union Direct Lending (CUDL)

Through the CUDL program, North Bay Credit Union has partnered with dealerships in the area to offer you a convenient way to purchase a vehicle and get your credit union financing. Look for the CUDL logo when shopping for your car, identify yourself as a North Bay Credit Union member, and ask for your financing through the CUDL system. It’s that easy! You can even shop online for your vehicle.

Vehicle Loan Rates

Loans Annual Percentage Rate Term
New Auto Loan 2.27%-15.75% Up to 72 months
Used Auto Loan 2.57%-17.75% Up to 60 months
Livestock Trailer 3.99%-5.99% Up to 96 months
Tractor/Farm Equipment 2.75%-10.25% Up to 84 months
New Motorcyles* 5.25%-15.75% Up to 48 months
New Boats 7.50%-12.00% Up to 120 months
New and Used RV 7.50%-12.0% Up to 120 months

*Dirt Bikes Excluded
Rates include .50% reduction with active NBCU checking account or minimum savings balance of $1,000. Active checking is defined as a checking account having 5 or more transactions per month or monthly direct deposits. Certain Restrictions may apply. Your APR is based on your credit qualification. The guidelines for terms are determined by loan amount. Your loan officer can help you determine the best rate and terms for your loan, based on your own personal needs and Credit Union policy.