Credit union · NCUA insured
LGWFCU Auto Loan Rates
Top CarrotLGWFCU auto loans start at 4.25% APR for a new vehicle and 4.25% for a used one. Rates checked October 15, 2026.
How LGWFCU’s auto loan rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where LGWFCU has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
LGWFCU
4.25%APR
- Terms
- 60–83 months
- Up to
- 15.75% APR
- Discount
- None included
New and Used Auto Loans
Lowest rate
SecurCommunity Federal Credit Union
3.90%APR
- Terms
- 1–60 months
- Up to
- —
- Discount
- None included
2nd-lowest rate
Orion Financial
3.95%APR
- Terms
- up to 84 months
- Up to
- —
- Discount
- Included in the rate
LGWFCU auto loan score
92
Auto loan score
Higher than 93% of U.S. banks and credit unions
- New vehicleNew4.25%
- Used vehicleUsed4.25%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where LGWFCU 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.
Extended Year Models Auto Loans
Applies to 2015 - 2016 model years.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 9.00%–18.00% | — |
Sources (1)
- lgwfcu.com/rates-3 · captured Oct 5, 2026
Motorcycles & ATVs
Applies to 2023-2026 model years.
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 5.75%–17.25% | — |
| 60–83 months | 5.25%–16.75% | — |
| 36–59 months | 4.75%–16.25% | — |
| up to 35 months | 4.25%–15.75% | — |
Sources (1)
- lgwfcu.com/rates-3 · captured Oct 5, 2026
New and Used Auto Loans
Rates apply to 2017–2026 year models. Varies depending on credit score and length of financing. New loans only; refinancing of auto loans with LG&W Federal Credit Union will not qualify. Membership eligibility required. Loans subject to approval. 125% LTV of NADA retail value financing available on refinances from other institutions.
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 4.75%–16.25% | Minimum $30,000.00 for loans financed for 72 months and above. |
| 60–83 months | 4.25%–15.75% | Minimum $30,000.00 for loans financed for 72 months and above. |
| 36–59 months | 3.75%–15.25% | — |
| up to 35 months | 3.25%–14.75% | — |
Sources (3)
All captured Oct 5, 2026
Who can join LGWFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Memphis Light, Gas & Water employees are eligible to join LGWFCU.
- Memphis Light, Gas & Water retirees are eligible to join LGWFCU.
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, and adoptive relationships) of Memphis Light, Gas & Water employees and retirees are eligible to join LGWFCU.
Membership information collected October 5, 2026.