Auto Loans

It pays to be a credit union member—especially when you’re in the market for an auto loan. Take advantage of our competitive auto rates. Purchase a new or used vehicle, or refinance your existing auto loan from another lender to lower your payments.

  • Set up auto pay
  • Credit Life and Credit Disability coverage available based on eligibility.
  • Guaranteed Asset Protection (GAP)
  • Low cost vehicle warranty protection
  • Convenient rate match program

Auto Insurance Requirements
If you have an auto loan with us, you will be required to provide proof of insurance. Comprehensive and collision coverage with a maximum deductible of $1,000.00 must be maintained for the term of the loan. Your policy should be in effect from the date of funding and have a full description of the vehicle shown, as well as our credit union listed as lien holder.

Lien Holder Address:
Parks Heritage Federal Credit Union
5 Murray Street
Glens Falls, NY 12801
Fax (518) 926-4707

  New Vehicle Used Vehicle
Term Up to 84 Months Up to 72 Months
Rates as low as 2.24% APR as low as 2.24% APR
Interest Calculated Daily Daily

*APR=Annual Percentage Rate.
All loan types, rates, terms and offers are based on applicant's credit history and are decisioned based on creditworthiness and other criteria. Disclosed rates assume LTV (Loan-to-Value) of 110% or less. Other rates and terms available. Certain restrictions may apply. Disclosed rates are for top tier credit (740+ score) and include a 0.25% APR discount for having a checking account with direct deposit and automatic payment. Applicants who are not approved at the current rates and/or terms may be offered credit at a higher rate and/or different terms. Members must credit qualify. Offers and terms listed above may change at any time without notice. Parks Heritage FCU reserves the right to change or withdraw these offers or certain features thereof without prior notification.

Minimum loan amount of $15,000 required for a 72-month auto loan term. Minimum loan amount of $25,000 required for an 84-month auto loan term. Minimum loan amount of $25,000 required for a 120-month RV loan term. Minimum loan amount of $35,000 required for a 180-month RV loan term. Vehicles financed as new or used auto loans must have less than 100,000 miles on the odometer. Applicants must provide proof of comprehensive and collision insurance with Parks Heritage FCU listed as loss payee for all loans secured by a vehicle with deductible amount not exceeding $1,000.

Parks Heritage FCU will not finance vehicles with a “salvage title.” All secured loans by a vehicle must pay the Vendor Single Interest (VSI) insurance payment of $65 per secured loan. No payments required for the first 90 days for loans approved during the “90 day No Payment” loan special. The 90-day term starts the day the loan is funded. Interest accrues during the 90-day period. All other loan terms and conditions apply. Membership is open to those who work in the health care and health care related fields in Warren, Washington and Saratoga counties, as well as their immediate family members. A $5 deposit into a Shared Savings Account is required for membership.