Credit union · NCUA insured
Somerville School Employees Federal Credit Union Auto Loan Rates
Somerville School Employees Federal Credit Union auto loans start at 5.50% APR for a new vehicle and 6.00% for a used one. Rates checked October 15, 2026.
How Somerville School Employees Federal Credit Union’s auto loan rates compare
Compared with banks and credit unions near Boston, MA-NH, where Somerville School Employees Federal Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Somerville School Employees Federal Credit Union
5.50%APR
- Terms
- up to 60 months
New Car (2025 - 2026)
Lowest rate
Chelsea Employees Federal Credit Union
3.99%APR
- Terms
- up to 72 months
2nd-lowest rate
Hanscom Federal Credit Union
3.99%APR
- Terms
- up to 66 months
Somerville School Employees Federal Credit Union auto loan score
68
Auto loan score
Higher than 21% of U.S. banks and credit unions
- New vehicleNew5.50%
- 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 Somerville School Employees Federal 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.
New Car (2025 - 2026)
Vehicle model years 2025 - 2026.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.50% | — |
| up to 48 months | 5.00% | — |
| up to 60 months | 5.50% | — |
| up to 72 months | 6.00% | $30,000.00 Minimum |
Sources (1)
- ssefcu.org/rates.php · captured Oct 7, 2026
Older Used Car (2018 and older) - 80% of KBB value
Vehicle model year 2018 and older; financing limited to 80% of KBB value.
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 6.50% | — |
Sources (1)
- ssefcu.org/rates.php · captured Oct 7, 2026
Older Used Car (2019 - 2023)
Vehicle model years 2019 - 2023.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 5.25% | — |
| up to 48 months | 5.75% | — |
| up to 60 months | 6.25% | — |
Sources (1)
- ssefcu.org/rates.php · captured Oct 7, 2026
Used Car (2022 - 2024)
Vehicle model years 2022 - 2024.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.75% | — |
| up to 48 months | 5.50% | — |
| up to 60 months | 6.00% | — |
Sources (1)
- ssefcu.org/rates.php · captured Oct 7, 2026
Who can join Somerville School Employees Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Employees of the city of Somerville, Massachusetts who are paid from the payroll of the city of Somerville, Massachusetts and work for the Somerville School Department are eligible for membership.
Family and household
- Immediate family members of eligible Somerville School Department employees residing in the same household are eligible for membership.
Membership information collected October 5, 2026.