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First-Time Auto Buyer

First-Time Auto Buyer Program

First time car owner

Finance Your First Car

No credit history? No problem.

We want to get you on the road to financial success, and that includes your first auto loan. Get pre-approved before you shop, and you will drive away confidently in your new ride.

Meet with one of our Certified Financial Wellness Counselors to complete a Financial Health Check, and together complete your application to our First-Time Auto Buyer program. This can be done virtually or in the financial center most convenient for you. Our program includes these great benefits: 

  • No payments for 60 days
  • No co-borrower required
  • $25 deposit to member’s savings account after six months of on-time payments 1
  • A 1.00% rate reduction after 12 months of on-time payments 1  - and you may qualify to refinance at an even lower rate!
Young adult checking out new car

Eligibility Criteria

  • Must be 18 or older
  • Proof of income required; maximum loan amount $20K including sales tax and tags
  • Four months at current employer required
  • Proof of insurance (including comprehensive and collision coverage) required before closing on the loan
  • No derogatory information on credit report
  • Direct auto loans through the credit union only (loans applied for at a dealership are not eligible)

Want an even better deal?

Complete the online course, "Navigating Auto Loans" 2 , and you will receive a rate discount of 0.50%.


1 Member will receive an email (or letter mailed to address on file if no email available) after making six months and 12 months of on-time payments, acknowledging eligibility for $25 deposit or rate reduction. Member must respond to claim the rewards. No credit pull required for those qualified for the 1% reduction at 12 months. To determine if your rate reduction can be even higher, member must authorize credit to be pulled on the reward claim form.

2 Please email proof of Navigating Auto Loans course completion to A screenshot of the Certificate works! Must complete the Financial Wellness Check first to be eligible for this additional discount.