Cut your monthly auto loan payment down to size.
Bring us your current auto loan from another lender, and we’ll crunch the numbers. Our not-for-profit status lets us offer members more competitive rates.
- Take advantage of low members-only loan rates1
- Schedule automated bill payments online and avoid late fees
- See if you qualify for up to 0.25% APR2 discount3
- Skip up to 2 payments per year and pocket some extra cash
- Get members-only discounts on auto and homeowners insurance4
Select your location to view rates.
Vehicle Loan Rates
Showing rates for
Effective Date 12/05/2025
*APR=Annual Percentage Rate. Actual rate based on credit history, income, vehicle model year, mileage and other factors.
Rates include discount of 0.25% APR* when you set up an automatic payment to pay your loan each month.
Payment example: 63 month new auto loan of $20,000 with an APR of 4.99% will result in a monthly payment of $361.56.
These rates are subject to change at any time. Loan subject to credit approval.
Do more than bank. Bank for a greater good. Join our membership and be part of the Great Lakes Credit Union story.
Debit Card Rewards
Enjoy exclusive savings on everything from apparel to travel, courtesy of our debit card rewards program – a small “thank you” for your membership.
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Testimonials
22 years of great experience of friendly, helpful, resourceful service. Thank you!
FAQs
Got questions? We’ve got answers. Don’t see an answer to your question here? Contact us, and a team member will be happy to help.
Anyone over 18 is welcome to get started with us by opening a Share Savings Account with a deposit as low as $1.
Eligibility is open to anyone in the following categories:
- Member of IBEW Local 134 & 1220
- In Illinois, anyone living or working in Cook County, IL, Country Club Hills and surrounding area, or DuPage, Kane, Kendall, and Will Counties
- In Wisconsin, anyone living or working in Kenosha County and their relatives
- Anyone living or working in Lake or McHenry Counties, IL, and their relatives
- One Summer Chicago
- Bremen School District 228
- Lake County Federation of Teachers Local 504
- BAC Administrative District Council I of Illinois
- Ball Horticultural
- Morton College
- Teamsters Local 705
- Federal government employees and their relatives
- Active military and their relatives
- Chicago municipal employees
- Lake and Porter Counties, IN
GAP Insurance
Get coverage for the difference between what you still owe and what your auto insurance company will pay if your vehicle is badly damaged or totaled.
Mechanical Breakdown Protection
Get coverage for repairs on eligible used vehicles, typically for less than an extended warranty from a dealership.
Auto Calculator
Crunch the numbers to estimate your new or used car loan monthly payment.
Maximize your membership.
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Estimate your auto loan, credit card, and mortgage monthly payments. Balance your budget. Ballpark your savings, and more.
Disclosure:
1APR=Annual Percentage Rate. Actual rate based on credit history, income, vehicle model year, mileage and other factors. Rates are subject to change at any time. Loan subject to credit approval.
2Rates include discount of 0.25% APR* when you set up an automatic payment to pay your loan each month.
3Payment example: 63-month new auto loan of $20,000 with an APR of 7.24% will result in a monthly payment of $382.57.
4Click here to submit or verify what insurance you’ll need for your new auto loan from GLCU. Members with vehicle loans (Auto, Boat, RV, Truck), please contact your insurance agent to update your vehicle’s insurance policy with our lienholder address: Great Lakes Credit Union, P.O. Box 2238, Sioux City, IA 51104. Note: We do not currently offer ATV, dirt bikes, side-by-sides (SxS), or jet ski financing.
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