Credit union · NCUA insured
Illinois Educators CU Auto Loan Rates
Top CarrotIllinois Educators CU auto loans start at 4.49% APR for a new vehicle and 4.99% for a used one. Rates checked October 17, 2026.
How Illinois Educators CU’s auto loan rates compare
Compared with banks and credit unions near Springfield, IL, where Illinois Educators CU has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Illinois Educators CU
4.49%APR
- Terms
- up to 60 months
- Discount
- None included
Auto Loans
Lowest rate
Cooperative Choice Network Credit Union
3.74%APR
- Terms
- up to 60 months
- Discount
- None included
2nd-lowest rate
Credit Union 1
4.39%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
Illinois Educators CU auto loan score
88
Auto loan score
Higher than 82% of U.S. banks and credit unions
- New vehicleNew4.49%
- Used vehicleUsed4.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Illinois Educators CU 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 Loans
All loans are subject to approval and eligibility and must fall within IECU guidelines. 100% financing available with no penalty for early payoff.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.49% | Model Year: New 2026-2025; payment per $1,000 is $18.64 |
| up to 72 months | 4.99% | Model Year: New 2026-2025; 72 month financing applies to vehicles $20,000 or more; payment per $1,000 is $16.10 |
| up to 72 months | 4.99% | Model Year: Used 2025-2023; 72 month financing applies to vehicles $20,000 or more; payment per $1,000 is $16.10 |
| up to 60 months | 7.24% | Model Year: 2022-2019; payment per $1,000 is $19.91 |
| up to 66 months | 7.74% | Model Year: 2022-2019; payment per $1,000 is $18.65 |
| up to 54 months | 9.50% | Model Year: 2018-2016; payment per $1,000 is $25.12 |
| up to 48 months | 10.50% | Model Year: 2015-2014; payment per $1,000 is $25.60 |
| up to 42 months | 10.50% | Model Year: 2013 and Older; payment per $1,000 is $28.55 |
Sources (3)
All captured Oct 16, 2026
Who can join Illinois Educators CU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Open to individuals employed by Horace Mann Companies, Illinois Education Association (IEA/NEA), or subsidiaries and affiliates of IEA/NEA.
Military, government and schools
- Open to employees, retired employees, current students, and alumni of any school in Sangamon, Menard, Morgan, Cass, Brown, Adams, Pike, Ford, Champaign, and Scott County, Illinois.
Family and household
- Open to immediate family members of current members.
Cost to join
- A minimum deposit of $5.00 is required to establish membership.
Membership information collected October 5, 2026.