Quick Tips & Info

Current Rates

When Shopping for a Vehicle:

• Do your research; do not buy on an impulse
• For used cars, get a NADA (a place to check vehicle prices, values, reviews and more) and Car Fax
• Before selecting a dealership check their status with the Better Business Bureau
• Prior to signing onto a large vehicle payment, make sure it fits into your budget
• Check the cost of full coverage insurance, which is necessary for financing or refinancing
• Know your “Total” costs: taxes, title/plate fee, warranty, GAP
• Do not be afraid to negotiate

Specifics on Rivertown’s Auto Loans

• No early payoff fees
• Consider GAP “Guaranteed Asset Protection” on your Rivertown CFCU Auto Loan for a onetime fee of $295.  This cost effective coverage protects you in the event that your vehicle is totaled, and your insurance company pays less than your loan balance.  GAP steps in to pay off your remaining balance.
• Also consider GAP Plus, a onetime fee of $315 that not only covers the above but stolen vehicles as well
• Check out our MRC “Mechanical Repair Coverage”.  There are 3 programs available to purchase for assistance with possible repairs from your transmission to your brakes. In addition, rates are very competitive and less expensive than most dealerships.
• Indirect lending is quick, easy, and convenient.  Go to the dealership and leave with a vehicle the same day, all paperwork is done in one stop, just ask to apply with Rivertown!
• We do not charge interest up front, so if you make extra payments to pay off your loan faster you save yourself the interest
• Debt Protection is available that includes unemployment, life and disability
• Transfer funds, obtain balance information, make loan payments and check history 24/7 with our free and easy to use Electronic Services: Online Banking, Mobile Text Banking, Telephone Banking