Summit Credit Union Auto Loan Rates

How Summit Credit Union’s auto loan rates compare

Compared with banks and credit unions near Greensboro, NC, where Summit Credit Union has the most branches. New vehicle, lowest advertised APR first.

This credit union’s lowest
Summit Credit Union
5.19%APR
Terms
49–60 months
Up to
—
Auto Loan
Lowest rate
Nova Credit Union
3.95%APR
Terms
—
Up to
—
Nova Credit Union rates
2nd-lowest rate
Members Credit Union
3.99%APR
Terms
6–84 months
Up to
8.75% APR
Members Credit Union rates

Compare auto loan rates near you →

80

Auto loan score

Higher than 54% of U.S. banks and credit unions

By vehicle

New vehicleNew5.19%
Used vehicleUsed5.19%

Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.

How the score works →

Where Summit 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 Loan

Membership requires opening a Savings account with a deposit of at least $5; membership is open to employees of business partners and their immediate family. Up to 100% financing available for well-qualified buyers, subject to credit approval. No payments for the first two months. Rates are based on credit evaluation and subject to change.

Terms	APR	Conditions
up to 48 months	4.99%	Fixed rate. Rate applies to new or used vehicle purchase. Actual rate based on credit evaluation.
49–60 months	5.19%	Fixed rate. Rate applies to new or used vehicle purchase. Actual rate based on credit evaluation.
61–72 months	5.69%	Fixed rate. Rate applies to new or used vehicle purchase. Actual rate based on credit evaluation.
73–84 months	6.19%	Fixed rate. Rate applies to new or used vehicle purchase. Actual rate based on credit evaluation.
85–96 months	6.69%	Fixed rate. Rate applies to new or used vehicle purchase. Actual rate based on credit evaluation.

Sources (3)

All captured Oct 4, 2026

Auto Loan Refinancing

Membership requires opening a Savings account with a deposit of at least $5; membership is open to employees of business partners and their immediate family. Up to 100% financing available for well-qualified buyers, subject to credit approval. Refinance at the same rate as a vehicle purchase. No payments for the first two months. Rates are based on credit evaluation and subject to change.

Terms	APR	Conditions
up to 48 months	4.99%	Fixed rate. Rate applies to refinance of new or used vehicle. Actual rate based on credit evaluation.
49–60 months	5.19%	Fixed rate. Rate applies to refinance of new or used vehicle. Actual rate based on credit evaluation.
61–72 months	5.69%	Fixed rate. Rate applies to refinance of new or used vehicle. Actual rate based on credit evaluation.
73–84 months	6.19%	Fixed rate. Rate applies to refinance of new or used vehicle. Actual rate based on credit evaluation.
85–96 months	6.69%	Fixed rate. Rate applies to refinance of new or used vehicle. Actual rate based on credit evaluation.

Sources (3)

All captured Oct 4, 2026

Who can join Summit Credit Union

This may be incomplete or out of date, so check with the credit union before you apply.

Employers and groups

Employees of over 300 North Carolina business partners are eligible for membership.

Family and household

Immediate family members of employees of qualifying business partners are eligible for membership.

Cost to join

Establishing membership requires opening a savings account with a deposit of at least $5.

Membership information collected October 4, 2026.

Check membership requirements ↗Branches and institution details