Vehicle loans with competitive interest rates, affordable loan payments, and rate discounts up to 0.50% APR*
Once you have researched, compared models, and priced your selections, you are ready to purchase.
Looking for boosted confidence and bargaining power at the dealer? Talk to one of our loan consultants today and get pre-approved for a vehicle loan ahead of time. Not only that, but you’ll know where you stand with budget and payments before you make your final decision.
New Car Loans
Get pre-approval, skip 2 payments a year, and discounts on car insurance
What insurance is needed for my new auto loan from GLCU?
To find out or to verify the insurance needed for your new auto loan, check here.
Does GLCU offer recreational vehicle financing?
We do not currently offer ATV, dirt bike, side-by-side, or jet ski financing.
What address should I use for GLCU on my insurance policy?
Please contact your vehicle's insurance agent to update your vehicle's insurance policy to include GLCU's NEW lienholder address:
Great Lakes Credit Union PO Box 2238 Sioux City, IA 51104
How does GAP insurance work?
If you purchase GAP insurance for your new vehicle, that means you aren’t on the hook for loan payments if your vehicle is in an accident and deemed a total loss. GAP insurance covers the difference between the remaining balance on your vehicle and your vehicle insurance payout, if it’s less than what you still owe on your vehicle.
GLCU offers GAP Plus, which means you also get Deductible Assistance, to cover the cost if your paid collision claim incurs a deductible.
What is Mechanical Repair Coverage?
Mechanical repair coverage helps you pay for repairs to your vehicle after its warranty expires while costing less than a typical extended warranty.
Auto Loan Resources
Auto Rate Discounts
Earn 0.25% APR when you set up auto-pay and an additional 0.25% with a Free Checking Account with GLCU.
Your actual rate will be based on your credit history, income, your vehicle’s model year, mileage, and other factors.
Please note that the rates listed include 0.25% discount for auto pay and 0.25% discount for a Free Checking Account with direct deposit for the last three months.
*APY = Annual Percentage Yield. As determined by GLCU’s Board of Directors, all dividend rates and APY are subject to change at any time. The APYs shown above assume that all principal and dividends remain on deposit for the entire term. Fees could reduce earnings on the above accounts.
Balances up to $10,000 will earn the stated dividend rate, and the portion of the balance that is over $10,000 will earn the standard savings dividend rate.
Dividends are paid on ONE FREE Checking Account per member. Please note that fees could reduce earnings.
The minimum requirements to earn GLCU Free Checking dividends:
Maintain a monthly Direct Deposit of at least $500.00 or more.
15 signature-based debit card purchases that total $150 or more. Returns, PIN or ATM withdrawals are not included. To qualify, all of your eligible purchases need to be cleared, as well as posted to your transaction history within the current month. Please be aware that purchases that are only authorized or pending do not qualify toward dividend earning eligibility.
Additionally, you must be enrolled in eStatements, as well an active user of online Bill Pay or Mobile Banking.