Auto Loans · Cedar Rapids, Iowa
6 credit unions in Cedar Rapids report car loan rates to the NCUA. Rates range from 3.50% to 5.77%.
Updated Q1 2026 · NCUA Call Report data
6
CUs Reporting Rates
3.50%
Lowest New Car Rate
4.81%
City Average Rate
6 credit unions sorted by APR
| # | Credit Union | New Car APR | Used Car APR |
|---|---|---|---|
| 1 | ST. LUDMILA S | 3.50% | 4.00% |
| 2 | COLLINS COMMUNITY ★ 4.3 · 138 reviews | 4.14% | 4.49% |
| 3 | TEAMSTERS LOCAL #238 ★ 5.0 · 5 reviews | 4.87% | 6.68% |
| 4 | QUAKER OATS ★ 4.4 · 15 reviews | 5.10% | 8.13% |
| 5 | METCO ★ 4.8 · 64 reviews | 5.49% | 5.74% |
| 6 | CORDA ★ 3.4 · 92 reviews | 5.77% | 6.71% |
6 credit unions sorted by APR
| # | Credit Union | Used Car APR | New Car APR |
|---|---|---|---|
| 1 | ST. LUDMILA S | 4.00% | 3.50% |
| 2 | COLLINS COMMUNITY ★ 4.3 · 138 reviews | 4.49% | 4.14% |
| 3 | METCO ★ 4.8 · 64 reviews | 5.74% | 5.49% |
| 4 | TEAMSTERS LOCAL #238 ★ 5.0 · 5 reviews | 6.68% | 4.87% |
| 5 | CORDA ★ 3.4 · 92 reviews | 6.71% | 5.77% |
| 6 | QUAKER OATS ★ 4.4 · 15 reviews | 8.13% | 5.10% |
A pre-approval from a Cedar Rapids credit union lets you negotiate on price, not payment. The dealer can try to beat the rate — but you're in control either way.
Multiple auto loan applications within 14–45 days count as a single hard inquiry. Apply at several credit unions in Cedar Rapids in the same window and take the best offer.
See member reviews, branch locations, and full rate details.