Auto Loan Rates

Annual Percentage Rates (APRs) are effective: 1/22/2024

Rates and terms are subject to change without notice.

Example

Amount financed

Term up to

APR1

Documentation fee2

New car3

$5,000 - $14,999

36 months

8.27%

$75

48 months

8.02%

60 months

7.88%

$15,000 or more

36 months

7.58%

48 months

7.50%

60 months

7.45%

72 months

7.67%

Used car4
(7 years old or less)

$5,000 or more

36 months

8.52%

48 months

8.28%

$7,500 or more

60 months

7.91%

$15,000 or more

72 months

7.92%

Used car5
(8 - 12 years old)

$3,500 or more

24 months

11.91%

36 months

11.23%

1APRs listed above reflect a discount of 0.25% with an automatic payment from an Exchange Bank deposit account. APR may differ based on credit history and approved loan amount, term, and other discounts. An additional 0.25% discount is available for customers that have a Premier Plus Checking account and the combined average daily deposit balance is $25,000 or greater; or a relationship with Exchange Bank Trust & Investments is maintained. Funds must be verifiable at the time the loan is approved and cleared for loan documents. The Premier Plus Reward discount of 0.25% is not subject to adjustment. Refer to the Premier Plus Rewards Program Disclosure for additional terms and conditions.

2State, title and other fees may also apply. If loan documents have to be regenerated after the initial document preparation due to a missed or canceled appointment an additional fee of $50.00 will be assessed and collected at loan signing.

3New cars are current model year (2023-2024) and must have less than 15,000 miles. New cars can be financed up to 110% of the value determined by JD Power for purchase, or up to 100% on refinances.

4Used cars 7 years old or less (2018-2024) with more than 15,000 miles, but less than 100,000 miles. Used cars 7 years old or less may be financed up to 110% of the value determined by JD Power for purchase, or up to 100% on refinances.

5Used cars 8 - 12 years old (2013-2017) with no more than 120,000 miles. Used cars up to 12 years old may be financed up to 80% of the value determined by JD Power for purchase.

Ineligible collateral: Cars with mileage exceeding the above guidelines, cars with salvage or lemon-law buyback titles, cars more than 12 years old, motorcycles, scooters/mopeds and commercial use vehicles.

Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Products, rates, terms, and conditions are subject to change without notice.

Typical payment example: A new auto loan of $15,000 at 7.58% APR would require 36 monthly payments of $464.80.

NMLS ID 643948