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A Local Credit Union That Cares

Auto Loans

Wailuku Federal Credit Union offers great terms on loans for both new and used automobiles. Just like with our home loans, you have the option for auto loan pre-approval so you can set your budget and understand what your monthly payments will be. In addition, we offer refinancing of existing auto loans you may have with another lender, since there's a great chance you'll find better rates or lower payments with us.

Auto loan rates are usually lower than personal loan rates because the auto being purchased is used as collateral (personal loan rates are usually higher because they don't have collateral). But even if you're not looking to purchase an auto, you may be able to do an auto loan instead of a personal loan (AKA a title loan) by using your automobile as the loan collateral. In this case, you may be able to secure a personal loan with the lower auto loan rate or qualify for a higher loan amount.

Auto Services

  • Guaranteed Asset Protection (GAP)

    Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. In the event of a total loss due to an accident or theft, GAP is designed to cancel the difference between what you owe on your loan and the amount paid by your primary auto insurer. Our GAP Program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan.

  • Mechanical Repair Coverage (MRC)

    Mechanical Repair Coverage (MRC) can help you limit the cost of major, unexpected auto repairs needed after your factory warranty expires. MRC delivers peace of mind, and it's also a great way to keep your vehicle running extra miles and extra years. With different coverage levels and different deductibles to choose from, there’s a plan to fit any family’s budget.

  • CARFAX Vehicle History Reports

    When you finance the purchase of a used auto with us, we run a CARFAX Vehicle History Report at no cost to you. A CARFAX Vehicle History Report provides a snapshot of a vehicle’s history so you can avoid buying a car with costly hidden problems. The report contains important information such as accident and repair history, odometer readings, factory recall information, registration history, mileage rollback, and much more.

    The regular retail price of a CARFAX Vehicle History Report is $39.99, but we offer it free to our members – just another value of membership with Wailuku Federal Credit Union.

Find out more about how Wailuku Federal Credit Union works with you to secure the right auto loan with the most competitive rates available.

I recently applied for a mortgage loan at Wailuku Federal Credit Union. The employees there were very helpful and knowledgeable and answered all of my questions. Without their help I would not have been able to purchase my home. I highly recommend seeing them for your financing needs.
-Lance B.