Bank · FDIC insured
Farmers State Bank Auto Loan Rates
Farmers State Bank auto loans start at 5.54% APR for a new vehicle and 5.54% for a used one. Rates checked October 16, 2026.
How Farmers State Bank’s auto loan rates compare
Compared with banks and credit unions near Waterloo, IA, where Farmers State Bank has the most branches. New vehicle, lowest advertised APR first.
This bank’s lowest
Farmers State Bank
5.54%APR
- Terms
- up to 60 months
Auto Loans
Lowest rate
Collins Community Credit Union
4.14%APR
- Terms
- up to 60 months
2nd-lowest rate
Community Choice Credit Union
4.52%APR
- Terms
- 37–66 months
Farmers State Bank auto loan score
72
Auto loan score
Higher than 30% of U.S. banks and credit unions
- New vehicleNew5.54%
- Used vehicleUsed5.54%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Farmers State Bank ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the bank’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Auto Loans
Rates subject to credit rating, standard underwriting, and subject to change at anytime. FSB uses NADA as a guide to determine value. Normally no down payment required. Available for new and used vehicles.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 5.54% | 2025 & newer model years |
| up to 72 months | 5.64% | 2025 & newer model years |
| up to 84 months | 5.94% | 2025 & newer model years; <60,000 miles |
| up to 60 months | 5.64% | 2024-2022 model years |
| up to 72 months | 5.79% | 2024-2022 model years |
| up to 84 months | 6.19% | 2024-2022 model years; <60,000 miles |
Sources (2)
All captured Oct 7, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.