Credit union · NCUA insured
THE LOCAL Credit Union Auto Loan Rates
THE LOCAL Credit Union auto loans start at 4.24% APR for a new vehicle and 4.24% for a used one. Rates checked October 16, 2026.
How THE LOCAL Credit Union’s auto loan rates compare
Compared with banks and credit unions near Detroit, MI, where THE LOCAL Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
THE LOCAL Credit Union
4.24%APR
- Terms
- up to 60 months
- Discount
- None included
Auto Loans
Lowest rate
Chief Financial Credit Union
3.99%APR
- Terms
- —
- Discount
- None included
2nd-lowest rate
FreeStar Financial Credit Union
3.99%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
THE LOCAL Credit Union auto loan score
93
Auto loan score
Higher than 94% of U.S. banks and credit unions
- New vehicleNew4.24%
- Used vehicleUsed4.24%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where THE LOCAL 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
Competitive fixed rates on new or used vehicles. Up to 125% financing available for qualified buyers. Flexible terms up to 84 months.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.24% | APR may be higher based on credit score. NEW MONEY ONLY. Rates accurate as of November 3, 2025. |
| 61–72 months | 4.74% | Loan amount > $15,000.00. APR may be higher based on credit score. NEW MONEY ONLY. Rates accurate as of November 3, 2025. |
| 73–84 months | 4.99% | Loan amount > $25,000.00. APR may be higher based on credit score. NEW MONEY ONLY. Rates accurate as of November 3, 2025. |
Sources (2)
- thelocalcreditunion.com/loans/…al-loans/auto-loans.html
- thelocalcreditunion.com/services-tools/tools/rates.html
All captured Oct 7, 2026
Who can join THE LOCAL Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Anyone who is a member of a union local headquartered in Macomb, Oakland, or Wayne County is eligible to join.
Family and household
- All family members of eligible individuals are eligible to join.
Other ways
- Retirees receiving a pension or social security are eligible to join.
Membership information collected October 5, 2026.