New Vehicle Loans

Purpose

To finance or refinance vehicles which have a title issued by the State of Ohio.

Types of Vehicles

Collateral for vehicle loans includes automobiles, trucks, motorcycles, boats,campers, motor homes or any other type of titled vehicle.

Terms

New vehicles may be financed for a maximum term of 72 months if the manufacturer's suggested retail price or N.A.D.A. retail value exceeds $30,000.00.

New vehicles may be financed for a maximum term of 60 months if the manufacturer's suggested retail price or N.A.D.A. retail value exceeds $10,000.00.

New vehicles may be financed for a maximum term of 48 months if the manufacturer's suggested retail price or N.A.D.A. retail value is $10,000.00 or less.

Current year models and previous three year models are considered new vehicles.

Charges

Recording fees paid to the Clerk of Courts for liens, memo titles, and titles shall be passed on to the members.

Rates

See New Vehicle rates on the: Loan Rate Sheet