1APR - Annual Percentage Rate. Membership rules apply. Rates based on credit approval. Terms and conditions subject to change without notice.
2Interest begins accruing at disbursed date of loan. Must begin repayment of loan 90 days after loan effective date. Promotion period ends June 29, 2013.
For a $15,000 vehicle loan at 2.99% APR and a payment term of 60 months, your monthly payment will be $269.46. This amount does not include optional vehicle protection coverage. 


Loans


CPM Federal is committed to offering our members competitively priced loan services to meet a variety of needs. 

 

 Applying for a loan is simple and easy!

  1. Apply Online
  2. Apply at any CPM Federal branch location
  3. Apply by calling our Lending Center at 800-255-1513
     

Loan Protection

The following products are available to you for your protection:

 

GAP (Guaranteed Asset Protection)
Do you know your vehicles actual cash value? It might be lower than you think. Make sure you are covered. Ask a Financial Service Representative for more details.

MRC (Mechanical Repair Coverage)
Expect the unexpected. You never know when you car is going to break down. MRC will be there for you.

Credit Life & Disability Insurance

Preserve the standard of living you worked so hard to achieve.

 

To complete an application, click here for requirements  
  1. Member number
  2. Social Security number
  3. Employment information
  4. Current salary
  5. Supervisor's information
  6. Co-borrower's information (if applicable, listed below)
  • Full name
  • Social Security number
  • Physical address
  • Phone number(s)
  • Employment history
     

Collateralized purchase or refinance:

  1. Year, make, and model
  2. Verification of insurance

Debt Consolidation:

  1. Most recent statements of debts which will be paid off

A CPM representative will contact you within 24-48 hours to verify information that you've provided. Once your application has been approved, a closing date will be coordinated. For fast and east loan disbursement, bring with you:

  1. Verification of income
  2. Any other documentation requested

Vehicle Loan Rates (Last Modified: Apr 08, 2013)

TypeTermAPR
New AutosUp to 60 monthsas low as 2.99%
Financing 61 - 72 monthsas low as 3.49%
Used Autos Up to 60 monthsas low as 3.49%
Financing 61 - 72 monthsas low as 3.99%
Motor Homes, Boats, 5th Wheels, and Travel TrailersUp to 120 months
Minimum to Finance $30,000
as low as 6.99%
Up to 84 months
Minimum to Finance $20,000
as low as 6.99%
Motorcycles, ATVs, Personal Water Craft, Other SecuredUp to 60 monthsas low as 7.99%

APR - Annual Percentage Rate
New vehicles are either current or previous year auto with less than 12,000 miles.
Rates listed are best available based on approved credit; actual rate offered may be higher depending upon applicant credit rating and other underwriting factors.
All advertised rates are subject to change without notice.

Other Loan Rates (Last Modified: Apr 08, 2013)

TypeTermAPR
Overdraft 16.50%
Certificate - Secured2.00% Greater Than Certificate Earning

APR - Annual Percentage Rate
Rates listed are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice.

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