"Closed-End Consumer Loan" Rates*
Our rates are known for being low…yet there are ways to make them even lower (1% maximum). "Closed-End Consumer Loan Rates" include boats, cars, motorcycles, personal computers, RVs, trucks, "Personaline" lines of credit and Signature loans:
- Automatic Transfer: Receive 0.50% (1/2 percent) loan rate discount for loan payments made with Automatic Transfer
- V.I.P. Discount: Get up to an additional 0.50% (½ percent) loan rate reduction based on your VIP rewards account level.
- VISA CURewards: Get up to an additional 0.50% (½ percent) loan rate reduction by redeeming CURewards points earned with your LAFCU Visa® Platinum Plus credit card
Vehicle "Payment Shaver" Financing Option*:
If you want a lower vehicle loan payment, we can reduce it by extending the loan term. For example: a $25,000 vehicle loan at 6.5% Annual Percentage Rate (APR) has a monthly payment of $490 with a 60 month term, or $420 with a 72 month term, providing a $70 lower monthly payment. The maximum term for vehicle loans financed under $20,000 is 72 months.
Refinance your higher-rate loans and credit card balances into lower-rate LAFCU loans or a credit card. Contact us for more info.
Loan payments can easily be made by:
- Automatic Transfer
- Payroll deduction
- Mailing a payment to LAFCU
- Scheduling a payment online with e-Bill Pay
- Transferring funds online with e-Branch
- Transfers at an ATM
- Telephone with TouchTel -24
- Visiting a CU Service Center (Shared Branch)
- Visiting a LAFCU branch
Our deposit accounts pay very competitive dividends:
- Earn our highest Share Savings yields on balances of $1,000 and over
- Longer term Share Certificates have higher yields than shorter term
- Earn our highest Share Certificate yields on $100,000 and over
- Earn our highest Money Market yields on balances of $50,000 and over
Click to read about the many beneficial features of our Checking accounts, including earning dividends and free boxes of checks.
* Applies to new loan applications only and is not available on refinances of existing LAFCU loans. These discounts can be used in any combination. No other discounts or promotional vehicle loan rates can be used with these three discounts, and other restrictions may apply. Maximum vehicle loan discount is one percent (1%).