Auto Loans
Whether you have your eye on a new truck or another vehicle — we’re here for you. Finance affordably with us.
Key Features
- Competitive Rates
- Free Pre-approval
- Local Processing
- Quick Decisions
Benefits
- Get the new or used vehicle you really want*
- Flexible terms and competitive rates
- Pre-approval available for better buying power
- Apply in person, online, or by phone
- No prepayment penalty
- Payment protection available
- Discount CarFax reports available
- Personal service for the life of the loan
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
- Buy through Carvana and get $100!
Motorcycle, RV, and Boat Loans
- Bring a recreational vehicle on your next outdoor adventure*
- Competitive rates for a wide range of recreational vehicles:
- Motorcycles and ATVs
- Motorhomes and travel trailers
- Boats and personal watercraft
- And more
- Flexible terms and competitive rates
- Pre-approval available for better buying power
- Apply in person, online, or by phone
- No prepayment penalty
- Payment protection available
- Personal service for the life of the loan
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
Loan Protection
We offer multiple options to protect you and your loan.
GAP PLUS
(with complimentary auto deductible reimbursement)
WHAT IS GAP COVERAGE?
Guaranteed Asset Protection (GAP) coverage is a voluntary program offered as protection on a new, used, or refinanced car, truck, SUV, motorcycle, RV, or boat. If your vehicle is stolen or declared totaled, your auto insurance company will only pay you the actual cash value of the vehicle at the time it was totaled and you are left to pay the difference. That's where GAP kicks in and pays the difference, or "gap", that you still owe on your loan.
WHAT IS THE “PLUS”?
The “PLUS” is an additional benefit of $1,000 towards your next vehicle loan at Millstream Area Credit Union if financed within 90 days of the GAP claim settlement.
WHAT IS THE COMPLIMENTARY AUTO DEDUCTIBLE REIMBURSEMENT?
As a Thank You for purchasing GAP PLUS coverage, you also receive enrollment in the Auto Advantage Program which reimburses up to $500 per loss (UNLIMITED losses per year) when a loss is filed and paid by the auto insurance company. The enrollment period is for three years and it applies to any vehicle for which the Member is on the title or registration AND is designated as a Named Insured on an auto insurance policy.
Debt Protection
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability or involuntary unemployment could help protect your finances.
This protection could cancel your loan balance or loan payments up to the contract maximums.
Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow.
Purchasing protection is voluntary and won’t affect your loan approval. It’s simple to apply.
Available coverages include:
| In the Event Of… Death | In the Event Of… Disability | In the Event Of… Involuntary Unemployment | |
|---|---|---|---|
| What Happens… | Protected borrower passes away. | A covered disability occurs due to injury or illness. | A covered job loss occurs. |
It Cancels This… up to the contract maximums | Your payments or loan balance. | Your loan payments. | Your loan payments. |
| You May Be Eligible If You… | Have an eligible loan. | Are a permanent employee who is actively working.* | Are a permanent employee who is actively working.* |
*Refer to the Member Agreement for a full explanation of terms and conditions.
Refinance
Enjoy No Payments for 60 Days and a $100 Gas Card!
You love your car but hate your monthly payments. It's a tale as old as time. But now you can put yourself in the driver's seat with an auto refinance from MACU. The process is simple and the perks are huge!
Rates
Calculator
What our
Members say
Deb E.Wonderful loan officer who went above and beyond to get the appraisal work completed on time. Ann surprised me by even answering email on Saturday night. The entire process went very well, questions were answered with patience and promptness. Very impressive. I highly recommend!
