Credit union · NCUA insured
Lake Michigan Credit Union Auto Loan Rates
Top CarrotLake Michigan Credit Union auto loans start at 5.74% APR for a new vehicle and 5.74% for a used one. Rates checked October 16, 2026.
How Lake Michigan Credit Union’s auto loan rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Lake Michigan Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Lake Michigan Credit Union
5.74%APR
- Terms
- up to 66 months
- Discount
- Included in the rate
Auto Loans
Lowest rate
Meijer Credit Union
4.24%APR
- Terms
- —
- Discount
- None included
2nd-lowest rate
GR Consumers Credit Union
4.25%APR
- Terms
- —
- Discount
- None included
Lake Michigan Credit Union auto loan score
66
Auto loan score
Higher than 17% of U.S. banks and credit unions
- New vehicleNew5.74%
- Used vehicleUsed5.74%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Lake Michigan 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 Loans
A member savings account with a $5 minimum balance is required to establish and maintain membership. All loans subject to credit and income qualification. No prepayment penalties.
| Terms | APR | Conditions |
|---|---|---|
| up to 66 months | 5.74% | Rates shown are for well qualified borrowers. Actual rates may vary based on credit history, loan purpose, amount, loan-to-value, term, and vehicle year. Includes a 0.25% discount for borrowers who set up Auto Pay at loan closing and finance a 2019 or newer vehicle with a term of 66 months or less. Auto pay is optional. |
Sources (2)
All captured Oct 16, 2026
Who can join Lake Michigan Credit Union
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.