Credit union · Privately insured
GenFed Credit Union Auto Loan Rates
GenFed Credit Union auto loans start at 4.74% APR for a new vehicle and 4.74% for a used one. Rates checked October 16, 2026.
How GenFed Credit Union’s auto loan rates compare
Compared with banks and credit unions near Cleveland, OH, where GenFed Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
GenFed Credit Union
4.74%APR
- Terms
- up to 84 months
- Up to
- —
- Discount
- Included in the rate
Auto Loan
Lowest rate
Steel Valley Federal Credit Union
3.99%APR
- Terms
- —
- Up to
- 10.99% APR
- Discount
- None included
2nd-lowest rate
Lakeview Federal Credit Union
3.99%APR
- Terms
- up to 60 months
- Up to
- —
- Discount
- None included
GenFed Credit Union auto loan score
83
Auto loan score
Higher than 62% of U.S. banks and credit unions
- New vehicleNew4.74%
- Used vehicleUsed4.74%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where GenFed Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Auto Loan
The listed 'as low as' APRs include a 0.25 percentage-point rate reduction for GenFed checking with direct deposit and a 0.50 percentage-point rate reduction for a loan-to-value ratio below 90%. Reductions may be combined for every listed vehicle type. Your actual APR may be higher and will depend on your application, credit analysis, vehicle, loan amount, term, and other lending requirements. Maximum vehicle-loan amount is $250,000. Financing up to 84 months on new and 72 months on used cars. Optional 90-day delay for first payment (interest accrues). Reimbursement of up to $100 in prepayment penalties from previous lender when refinancing. No application fees or prepayment penalties.
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 4.74% | APRs include a 0.25 percentage-point rate reduction for GenFed checking with direct deposit and a 0.50 percentage-point rate reduction for LTV below 90% (reductions can be combined). Actual APR may be higher. Financing up to 84 months on new and 72 months on used cars; maximum vehicle loan amount $250,000. Optional 90-day payment delay (interest accrues). Prepayment penalty reimbursement up to $100 when refinancing. |
Sources (3)
All captured Oct 16, 2026
Motorcycle Loan
GenFed offers vehicle loans for motorcycles with terms up to 84 months. No application fees or prepayment penalties. Includes 0.25% checking/direct deposit discount and 0.50% LTV < 90% discount. Maximum vehicle-loan amount is $250,000. Optional 90-day delay for first payment (interest accrues).
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 6.24% | Published 'as low as' APR includes 0.25% rate reduction for checking with direct deposit and 0.50% reduction for LTV below 90%. Terms up to 84 months. Actual APR may be higher. Optional 90-day payment delay (interest accrues). |
Sources (2)
All captured Oct 16, 2026
Who can join GenFed Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who reside, work, attend school, volunteer, or worship in Marion, Jefferson, or Clinton County, Illinois are eligible for membership.
- Individuals who reside or work in Shelby County, Indiana are eligible for membership.
- Individuals who reside, work, attend school, volunteer, or worship in Lorain, Summit, Erie, Medina, Williams, or Paulding County, Ohio are eligible for membership.
- Individuals who reside, work, attend school, or worship in Cuyahoga, Portage, or Defiance County, Ohio are eligible for membership.
Employers and groups
- Employees of qualifying select employee groups are eligible for membership.
Family and household
- Immediate family members of a GenFed member—including a spouse, child, sibling, parent, grandparent, or grandchild (including step and adopted relationships)—are eligible for membership.
1 more way to join
Family and household
- Individuals living at the same residence as a GenFed member and maintaining a single economic unit qualify for membership.
Cost to join
- Membership requires a $5 opening deposit into a Traditional Savings account, which GenFed provides at no cost to the joining member.
Membership information collected October 5, 2026.