Rate discount extended through 3/31!
Now through the end of March, enjoy a 0.75%1 APR discount.
View Eligibility.
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Named one of America’s Best Credit Unions by Newsweek.
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Received Bauer Financial's 5-star Superior rating for strength based on financial data as of June 30, 2023.
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Rated Best in State Credit Union by Forbes Magazine 3 years in a row
Members love the local service
Experience the difference of a truly local service with RCU Auto Loans. We're not just in your neighborhood; we're part of your community, dedicated to helping you finance your dream car swiftly and seamlessly. Discover why so many Members choose to finance their cars with us.
Estimate your monthly payment
Monthly Payment
Rates1
View all ratesEligibility for an RCU Auto Loan
If you're not already a Member, you will be once you receive your auto loan! You'll have the funding you need and access to the benefits of a Redwood Credit Union Membership.
You're eligible if you meet any of the following criteria:
Where you live and work
Work, live, or own a business in the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Solano, or Contra Costa.
RCU Membership
You or your immediate family member is a current Redwood Credit Union Member.
Your employer
You work for a designated Select Employee Group.
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1
Apply online
An online application takes only a few minutes. Apply by February 29th to be eligible for the rate discount.
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2
Get approved
Find out if you're approved for a vehicle loan.
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3
Finalize your loan
We'll send the funds directly to the dealership, your current lender, or branch nearest you.
Hybrid & EV Loans
Go green and save more
Accelerate your savings during our Auto Loan Sale with 1.00% APR discount through February 29th. Be kind to the planet, reduce your carbon footprint, and love the savings.
Additional Services
Auto Loan Education
Is your auto loan knowledge road ready?
When it comes to buying a car, knowing your options and what you can afford is critical. That is why we have collected these helpful resources and articles to help you make an informed decision.
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Redwood Credit Union offers several easy ways for you to apply for an Auto Loan. Whether you are an RCU Online banking user or not, or whether you are a non-Member wishing to apply for a loan with us, we have an option that will help you.
Simply visit our website to learn more or to apply online.
For more information about all RCU’s Auto Services or to view our current inventory of vehicles, please visit our website RCUAuto.com
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BALANCE Financial Fitness is a program paid for by Redwood Credit Union to provide our Members free access to tools and tips for better money management. Whether you're interested in creating a budget, developing a workable spending plan, getting out of debt, understanding and improving your credit report, buying a home, or planning for your financial future, Redwood Credit Union, and our trusted partner BALANCE, are here to help.
BALANCE is a confidential financial education and counseling service committed to helping individuals and families nationwide take control of their finances and reach their goals. On the BALANCE website, you’ll find information about what they do, who they are and how they can help you master your money. To speak with a BALANCE representative call 1 (888) 456-2227, toll free.
While shopping for a vehicle is exciting, it can also be complicated and time-consuming. There are many questions that have to be answered. What features do you need and want? Should you buy new or used? Or should you lease? How much can you afford to spend? Should you get a loan from the dealership or your financial institution?A car is an expensive purchase, one that cannot be returned simply because you feel you made a mistake. This 5-page program - with an optional quiz to ensure understanding - will cover the basic information you need to know to make the best decisions and drive away happy, including:
- Car Shopping Considerations
- Should You Buy New or Used or Lease?
- Your Credit Score and Financing
- Getting the Best Price
- Your Legal Rights
Click on the image to get started!
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Refinancing your auto loan is a great idea! This page on our web site has information on current rates and how to apply: https://www.redwoodcu.org/products/personal/loans/auto-recreational-vehicles.
You are welcome to apply in Online Banking by clicking on the Loan Apps tab and following the prompts, over the phone by calling us at 1 (800) 479-7928 and speaking to one of our representatives, or of course, at any branch.
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LOAN REFINANCE CHECKLIST - VEHICLE REFINANCE
The following documents are required to fund your Vehicle Purchase. Redwood Credit Union (RCU) will finance vehicles made in the last 10 years as collateral with a mileage no greater than 150,000 miles. Mileage over 100,000 will have an increase in interest rate. Misc. RVs (Off Highway Vehicles, Dirt Bike, ATV, Jet Ski, Snow Mobile, Cab Over Camper, etc. are not eligible to receive a vehicle loan rate. We are here to help; please feel free to contact us at (800) 479-7928.
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
It's easy to buy the car you need
Get an auto loan with low rates and flexible terms to fit your unique budget.
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1Discount effective 2/1/24 through 2/29/24.Rates, terms, and special offers subject to change. Discount for purchases and refinances of existing loans from another lender. Restrictions may apply. Rates are effective April 6, 2025 and are subject to change without notice. Certain restrictions may apply. New autos are defined as vehicles with less than 1,000 miles and may be financed up to 125% MSRP, depending on credit history. Used autos must be 15 years old or newer and may be financed up to 125% KBB value, depending on credit history and collateral condition. Payment sample: 60 mo. term per $1,000 borrowed: $19.68 at 6.74% APR.
2RCU Auto Services is a wholly owned subsidiary of Redwood Credit Union.
3Insurance products are not deposits of RCU and are not protected by NCUA. They are not an obligation of or guaranteed by RCU and may be subject to risk. Any insurance required as a condition of an extension of credit by RCU need not be purchased from RCUIS and may be purchased from an agent or an insurance company of the Member’s choice. RCUIS is a wholly-owned subsidiary of RCU. Business conducted with RCUIS is separate and distinct from any business conducted with RCU. License no. 0D91054. NPN 7612227.
4Your purchase of MEMBERS CHOICE™ Guaranteed Asset Protection (GAP), which includes deductible assistance, is optional and will not affect your loan application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
GAP-2488407.1-0419-0521 © TruStage. All Rights Reserved.
Financial tips
For more helpful money tips, resources, and more, visit our Financial Wellness page.
Rates
New & Used Auto Rates
Auto Loan Rate Sale through February 29th, 2024
Take advantage of 0.75% APR off your next auto purchase or refinance (and 1.00% APR off EV/hybrid vehicles)
- Credit Score (720+)
- Credit Score (700-719)
- Credit Score (680-699)
- Credit Score (640-679)
- Credit Score (600-639)
- Credit Score (<600)
| Term | APR | Min Amount |
|---|---|---|
| 36 Months | 4.99% | $5,000 |
| 60 Months | 5.99% | $5,000 |
| 72 Months | 6.44% | $10,000 |
| 84 Months | 6.74% | $20,000 |
Calculator
Monthly Payment
Auto loan online application
Already have an RCU account?
(We’ll pre-fill your application)
New to RCU?
(Only takes 10 minutes, eligibility requirements below)
Eligibility
You can apply for a loan through RCU if you meet any of the following criteria:
- You live, work or own a business in the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Solano, or Contra Costa.
- You are an immediate family member of a current RCU Member.
- You work for a designated Select Employer Group.
All Highlights
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Low rates
RCU provides better rates than most other financial institutions. Get the car you need without spending a fortune on a loan.
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Terms up to 84 months2
Lower your monthly payment to fit with your budget by choosing flexible terms up to 84 months.
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Car-finding services3
Searching for your dream car is easy with our concierge car-finding service, RCU Auto Services. We’ll help you find the perfect car for your needs without the hassle, or you can perform a direct dealer search through AutoSMART.
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RCU Insurance Services4
Get car financing and insurance protection from one vendor for a convenient car-buying experience.
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Shop pre-owned vehicles
Get your auto loan and car from the same vendor for unmatched convenience. Find your next vehicle using AutoSMART, a trusted place to shop for used cars.
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Mechanical breakdown protection (MBP)
Don’t let a mechanical failure hurt your budget. Protect your wallet from breakdowns with RCU’s mechanical breakdown protection.
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Protection for your vehicle loan5
If your vehicle is deemed a total loss due to an accident or theft, you may wind up owing more on your loan than your auto insurance will cover. You can avoid this situation with Guaranteed Asset Protection (GAP) Plus with Deductible Assistance.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
Min Balance | Dividend | APY |
|---|---|---|
| $100.00 | 0.05% | 0.05% |
| $500.00 | 0.05% | 0.05% |
| $1,000.00 | 0.05% | 0.05% |
| $2,500.00 | 0.05% | 0.05% |
| $5,000.00 | 0.05% | 0.05% |
| $10,000.00 | 0.10% | 0.10% |
| $25,000.00 | 0.10% | 0.10% |
| $50,000.00 | 0.10% | 0.10% |
| $100,000.00 | 0.15% | 0.15% |
Dividend Rate | APY | Minimum Deposit |
|---|---|---|
| 0.05% | 0.05% | $500.00 |
| 0.05% | 0.05% | $1,000.00 |
| 0.05% | 0.05% | $2,500.00 |
| 0.05% | 0.05% | $5,000.00 |
| 0.10% | 0.10% | $10,000.00 |
| 0.10% | 0.10% | $25,000.00 |
| 0.10% | 0.10% | $50,000.00 |
| 0.10% | 0.10% | $100,000.00 |
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