New York Banking Rates

Deal of the Day: Long Island State Employees Federal Credit Union Auto Loan at 2.99% APR

long island state employees federal credit union

Ask anyone who landed a low sticker price and low interest rate on a new car, and you’ll probably be told that timing counts for a lot. As car dealers roll out 2014 models, new, unsold vehicles are available at reduced MSRPs; when a great auto loan is coupled with a new car, it becomes obvious that now is the time to buy.

A Long Island State Employees Federal Credit Union auto loan rate of 2.99% APR offers prospective buyers a great opportunity to finance a new car at a term of up to 72 months.

Long Island State Employees Federal Credit Union Auto Loan: Terms and Conditions

The maximum loan amount allowed for this auto deal is $40,000. According to the credit union, a monthly car payment for this loan, with a 2.99% interest rate, will be approximately $14.50 per every $1,000 borrowed. Additionally, 100% financing is available, as well as payroll deduction/automatic share transfer repayment. There are no prepayment penalties for paying the loan off early.

About Long Island State Employees Federal Credit Union

Starting out in the early 1960s as the New York Highway Engineers Federal Credit Union, an expansion of the nonprofit’s field of membership to include all New York State Employees who live and work on Long Island led to the birth of the Long Island State Employees Federal Credit Union.

This Hauppauge, N.Y., credit union is trusted for the reliable, low-cost services it provides to its entire member base, from loans to savings, investments, credit cards and more.

Click here to find a low Long Island State Employees Federal Credit Union auto loan.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.