Loan Rates are Low - alhambracu.org and... · Loan Rates are Low Now is the time to buy! auto loan DISCOUNT ACU is offering auto loan rate discounts for our members who are buying - [PDF Document] (2024)

Loan Rates are Low - alhambracu.org and...· Loan Rates are Low Now is the time to buy! auto loan DISCOUNT ACU is offering auto loan rate discounts for our members who are buying - [PDF Document] (1)

The1st ChoiceForYour Financial Success First Quarter Issue — April 2016

Education | Events | Services | People | Loans | Security

Alhambra Credit Union

0.60%

Loan Rates are Low Now is the time to buy!

auto loanDISCOUNT

ACU is offering auto loan rate discounts for our members who are buying or refinancing a car during the first 6 months of 2016. For new or used vehicles purchased or refinanced from another lender January through June 2016 receive 0.60% off your qualifying loan rate!(No other discounts apply.)

April is Youth Savings Month!

This year’s theme is“Credit Union Strong”

Open a youth account today for your child or grandchild. The $10 new account fee is waived for children 18 and under during April.

Call ACU and apply today. We’re celebrating our 60th Anniversary with great loan rates and outstanding service for our members!

All VISA Debit Cards will be reissuing over the next year based on the month of expiration and not the year.

Once your new chip-enabled card is activated your old card will no longer work.

Due to the increase in fraud, it was decided to provide extra protection for our members by accelerating the reissue process for our Debit Cards.

Debit Card News

Where:Peoria Community Center8335 W. Jefferson Street, Peoria AZ

Time:9:00 a.m. refreshments9:30 a.m. meeting & door prizes

Plan to attend and participate in the election of volunteer representatives

for our Board of Directors.Become a Volunteer: If you are interested in serving your credit union, please submit a résumé to Debra McConnell at [emailprotected] or call 602.246.5120 ext. 207.

Join us for our 60th

Annual Meeting!Saturday

April 9, 2016

Loan Rates are Low - alhambracu.org and...· Loan Rates are Low Now is the time to buy! auto loan DISCOUNT ACU is offering auto loan rate discounts for our members who are buying - [PDF Document] (2)

ALHAMBRA CREDIT UNION

Phoenix Branch7339 N. 35th Avenue—Phoenix, AZ 85051

602.246.5120 • Fax 602.433.1437

West Valley Branch13331 W. Indian School Road #205

Litchfield Park, AZ 85340602.246.5120 • Fax 623.925.1318

HOURS Mon. Tues. Thurs. 9:00–5:00 Wed. 10:00–5:00 Fri. 9:00–5:30 CLOSED—Saturday & Sunday

● 24/7 Account Access ●‘AL’ the Account Line—1.877.442.5948

Online —www.alhambracu.coop

● Weekend Access ●Member— CO-OP Shared Branch

Locate CO-OP Shared Branch locationson our Website

Board of DirectorsBill Simmons ChairmanLyndon Larson Vice-ChairmanTom Shipe Treasurer Deborah Hallahan SecretaryDr. John Durbin Director Humberto Rico DirectorAlan Fine Director

Supervisory CommitteeDeborah Hallahan ChairpersonNorma Pacheco MemberJohn Zeller Member

Debra McConnell Credit Manager

Asset/Liability CommitteeTom Shipe ChairmanBill Simmons MemberDr. John Durbin MemberDebra McConnell Member

Staff – PhoenixDebra McConnell President/CEO - x 207Erma Frank Administrative Officer - x 206Ed Moraga Operations Manager- x 216Lynn Moore Accounting Mgr - x 222Lisett Olsen Loan Officer II - x 204 Michael Mitchell Loan Officer - x 234Sophia Arellanes Financial Srvc Rep II - x 235Destanye Baldwin Financial Srvc Rep - x 239Jessica Lara Financial Srvc Rep - x 241Kristin Moraga Account Services - x 218

Staff – West ValleySonia Cardona Branch Manager - x 229Anahi Rodriguez Sr Loan Officer - x 202Christina (Tina) White Sr Loan Officer - x 228Angela Dela Pena Financial Srvc Rep II - x 238Brianna Silva Member Service Rep - x 242

MISSION STATEMENTAlhambra Credit Union provides personalized, convenient services

and assistance to help credit union members achieve financial security

2015 Contributions

Make your 2015 contribution to your IRA Account by April 15th.

If you need to open a Traditional or Roth IRA Account, please contact Eddie at extension 216.

Brianna Silvaour new Member Service Rep in the

West Valley office.

Dormant Accounts …Keep your funds in your hands

Inactive accounts must be reported to the State each year. The State of Arizona

requires all financial institutions to forward any funds in accounts that have had no activity for three years, as of the previous June 30th.

To protect your funds …• Make a transaction at least once a year—

deposit or withdrawal.

• Notify the credit union when your phone number or address changes — Be sure to keep your contact informa-tion current.

• Close accounts that you no longer use.

Please Welcome

60 YEARSStrong!

ACUCelebrating

● Holiday Schedule ●

Your Credit Union will be closed on

•Memorial Day•Monday–May 30, 2016

•Independence Day•Monday–July 4, 2016

ACH Instructions

To set up ACH Deposits to your account or ACH Debits from your

account look for the account number located along the bottom of your Alhambra Credit Union checks.

Or, if you do not have checks you can find the Routing & Transit number on our website under “Checking Accounts”. For further information please contact Lynn at ext. 222.

By providing the complete number your transaction will process correctly.

Win! all year long as we celebrate our 60th AnniversaryMonthly, a drawing will be held at each of our branch offices. Thus far, winners of an ACU $60 VISA Gift Card are:

January: Dawn Zebell and Nora MaddoxFebruary: Magadalena Espino and Robert Velez

►Remember to enter the 2016 monthly drawing when you are at the credit union.

Must be 18 years or older to enter. One entry per member per month. You may only win one time during the year.

Loan Rates are Low - alhambracu.org and... · Loan Rates are Low Now is the time to buy! auto loan DISCOUNT ACU is offering auto loan rate discounts for our members who are buying - [PDF Document] (2024)

FAQs

Who has the best car loan rates right now? ›

Compare Car Loan Rates
Top Auto Loan LenderLowest APROur Award
AutoPay4.67%**Best Auto Loan Rates
PenFed Credit Union5.24%Best Credit Union Auto Loan
Auto Approve5.24%**Best Auto Refinance Rates
Consumers Credit Union6.54%Excellent Credit Union Auto Loan
3 more rows

What is a good interest rate for an auto loan? ›

Average Car Loan Interest Rates by Credit Score
Credit Score RangeNew Car Loan RatesUsed Car Loan Rates
781 to 8505.64%7.66%
661 to 7807.01%9.73%
601 to 6609.60%14.12%
501 to 60012.28%18.89%
1 more row

What credit score do you need for a car loan? ›

The credit score required and other eligibility factors for buying a car vary by lender and loan terms. Still, you typically need a good credit score of 661 or higher to qualify for an auto loan. About 69% of retail vehicle financing is for borrowers with credit scores of 661 or higher, according to Experian.

What is the average interest rate on a 72 month car loan? ›

Compare 72-Month Auto Loan Rates
LenderStarting APROverall Rating
1. MyAutoloan5.20% for 72-month auto loans9.2
2. Autopay4.67%*9.1
3. Consumers Credit Union6.39% for 72-month loans9.1
4. PenFed Credit Union6.14% for 72-month loans9
1 more row

Where is the best place to get a car loan? ›

Best auto loans
  • Best from a big bank: Capital One Auto Finance.
  • Best from a credit union: PenFed Auto Loans.
  • Best for rate shopping: myAutoloan.
  • Best for online car shopping: Carvana.
  • Best for used vehicles: CarMax Auto Finance.
  • Best for refinancing: Autopay.

Which bank gives the lowest car loan interest rate? ›

HDFC Bank Interest Rate For A Car Loan

HDFC offers you the lowest car loan interest rate in India, with a 7.95% to 8.30% valuation. The exact rate will depend on your car valuations, CIBIL score, and employment status.

What is the average interest rate for a 750 credit score car loan? ›

Average Auto Loan Rates in June 2024
Credit ScoreNew Car LoanUsed Car Loan
750 or higher7.24%7.49%
700-7497.24%7.49%
600-6998.19%8.44%
451-59910.89%11.14%
1 more row

What interest rate can I get with a 700 credit score for a car? ›

Average car loan interest rates by credit score
Credit scoreAverage APR, new carAverage APR, used car
Superprime: 781-850.5.38%.6.80%.
Prime: 661-780.6.89%.9.04%.
Nonprime: 601-660.9.62%.13.72%.
Subprime: 501-600.12.85%.18.97%.
2 more rows

Is 3.5% a good rate for a car loan? ›

According to data from the Q4 2021 Experian State of the Automotive Finance Market report, the average interest rate for good credit auto loans is around 3.5% for new car purchases and 5.4% for used vehicle purchases.

What's a good FICO score? ›

670-739

How much can I borrow with a 700 credit score? ›

You can borrow from $1,000 to $100,000 or more with a 700 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.

How to get 800 credit score? ›

Making on-time payments to creditors, keeping your credit utilization low, having a long credit history, maintaining a good mix of credit types, and occasionally applying for new credit lines are the factors that can get you into the 800 credit score club.

Which bank has the lowest auto loan rates? ›

Compare Best Auto Loan Lenders
CompanyUsed APR RangeUsed Loan Terms
PenFed Best Overall6.49%–17.99%3–7 years
AUTOPAY Best for Bad Credit/Low RatesAs low as 5.69%2–8 years
Consumers Credit Union Best Credit UnionAs low as 6.84%36–84 months
LendingTree Best for RefinanceAs low as 5.99% (Refinance)36–72 months (Refinance)
3 more rows
May 30, 2024

Why is a major downside of a 72-month loan? ›

Because of the high interest rates and risk of going upside down, most experts agree that a 72-month loan isn't an ideal choice.

Is it smart to finance a car for 72 months? ›

A 72-month car loan can make sense in some cases, but it typically only applies if you have good credit. When you have bad credit, a 72-month auto loan can sound appealing due to the lower monthly payment, but, in reality, you're probably going to pay more than you bargained for.

What interest rate can I get with a 750 credit score for a car? ›

Average Auto Loan Rates in June 2024
Credit ScoreNew Car LoanRefinance Car Loan
750 or higher7.24%5.74%
700-7497.24%5.49%
600-6998.19%5.99%
451-59910.89%6.34%
1 more row

What interest rate can I get with a 800 credit score car loan? ›

Experian also provides average car loan APRs by credit score, based on the VantageScore credit scoring model. Superprime: 781-850. 5.38%. 6.80%.

Which bank has the lowest interest rate? ›

Home Loan Interest Rate 2024

Currently, Union Bank of India and Bank of Maharashtra offer the lowest home loan interest rate starting from 8.35% p.a.

Can I get a lower rate on my car loan? ›

Yes, just like the price of the vehicle, the interest rate is negotiable. Dealers may not offer you the lowest rate that you qualify for. To get the best interest rate, shop around with multiple lenders and negotiate.

Top Articles
Latest Posts
Article information

Author: Edwin Metz

Last Updated:

Views: 5335

Rating: 4.8 / 5 (78 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Edwin Metz

Birthday: 1997-04-16

Address: 51593 Leanne Light, Kuphalmouth, DE 50012-5183

Phone: +639107620957

Job: Corporate Banking Technician

Hobby: Reading, scrapbook, role-playing games, Fishing, Fishing, Scuba diving, Beekeeping

Introduction: My name is Edwin Metz, I am a fair, energetic, helpful, brave, outstanding, nice, helpful person who loves writing and wants to share my knowledge and understanding with you.