Credit union · NCUA insured
MMEFCU Auto Loan Rates
MMEFCU auto loans start at 6.00% for a used one. Rates checked October 15, 2026.
How MMEFCU’s auto loan rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where MMEFCU has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
MMEFCU
– –
- Terms
- —
- Discount
- —
No ongoing APR published
Lowest rate
SecurCommunity Federal Credit Union
3.90%APR
- Terms
- 1–60 months
- Discount
- None included
2nd-lowest rate
Orion Financial
3.95%APR
- Terms
- up to 84 months
- Discount
- Included in the rate
MMEFCU auto loan score
65
Auto loan score
Higher than 14% of U.S. banks and credit unions
- Used vehicleUsed6.00%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where MMEFCU 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.
Current Year Used Auto Loan
Repayment available automatically through payroll deduction or automated draft from checking account. Risk-based lending applies; rates and terms are based on individual credit score.
| Terms | APR | Conditions |
|---|---|---|
| — | 6.00% | Rates start at 6.00% APR based on individual credit score under risk-based lending. |
New Auto Loan
Repayment available automatically through payroll deduction or automated draft from checking account. Risk-based lending applies; rates and terms are based on individual credit score.
| Terms | APR | Conditions |
|---|---|---|
| — | 3.00% | Rates start at 3.00% APR based on individual credit score under risk-based lending. |
Who can join MMEFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of NIDEC Motor Corporation, Regional One Health, Hi-Speed Electrical, or Family Home Health Agency are eligible for membership.
Military, government and schools
- Employees of City of Memphis, Memphis-Shelby County Airport Authority, Memphis Housing Authority, or Shelby County Government are eligible for membership.
Family and household
- Immediate family members (defined as spouse, children, parents, grandparents, grandchildren, brothers, and sisters) of eligible individuals are eligible for membership.
Other ways
- A Christian of any denomination is eligible for membership.
Cost to join
- Eligibility through Christian affiliation requires a minimum deposit of $30.00, including a non-refundable Christian Benevolent fee of $16.00, a membership fee of $9.00, and a minimum deposit of $5.00.
- Eligibility through sponsor employment requires a minimum deposit of $14.00, consisting of a non-refundable membership fee of $9.00 and a minimum share savings deposit of $5.00.
Membership information collected October 5, 2026.