Black car traveling at high speeds with blurred green foliage in the background

Auto Loans for New, Used & Refinanced Vehicles

  • Easy application process
  • Interest rate discounts available
  • Expanded repayment terms (up to 84 months)
Apply Online View Rates

Hit the Road with a Low Rate

Whether you're buying a vehicle or refinancing your current auto loan, it helps to know your financing options before you start shopping. As a member-owned, not-for-profit credit union, St. Mary’s Bank puts our members first with competitive auto loan rates, flexible terms, and no dealer markup on the rate you qualify for. Apply online before you shop, get a better idea of what fits your budget, and then take that financing with you as you find the right vehicle. We work with dealerships, too, so you can enjoy the experience of shopping for your next vehicle while having St. Mary’s Bank in your corner for the financing.
New/Used/Refi Auto Loan
APR as low as*

5.14%

up to 63 months

View all rates

Ready to get started?

Whether you’re buying a new or used vehicle or refinancing an existing auto loan, we’re here to help you make a confident choice.

Apply Now in Minutes

Check What Documents You'll Need.

 

How does refinancing an auto loan work?

Refinancing an auto loan means replacing your current loan with a new one, ideally at a lower interest rate or with different terms. A lower rate could reduce your monthly payment, lower the total interest you pay over the life of the loan, or both.

It may be worth exploring refinancing if your credit has improved since you took out your original loan, rates have dropped, or your current loan has a higher interest rate than you may qualify for today. St. Mary’s Bank’s auto loan refinance calculator lets you estimate your potential savings before you apply. You can also refinance a vehicle currently financed with another lender.

Photo of percentage symbol

Calculate Your Savings with a Refi

Enter the specifics about your current loan into our easy-to-use calculator and determine how much interest refinancing can save you.
Refinance Today

Apply for or Refinance an Auto Loan

Upload auto loan documents or check your status here.

Woman sitting holding her dog in the trunk of her hatchback vehicle.

AutoSMART

AutoSMART is St. Mary’s Bank’s online tool for car shopping and financing in one place. You can search and compare new and used vehicles from partner dealerships, research trade-in values, and apply for St. Mary’s Bank auto loan financing. It’s a convenient way to compare vehicles, explore your options, and secure financing before you visit a dealership.

  • Find trusted, local dealers
  • Research trade-in values, ratings and more
  • Apply for low-cost auto loan financing
Visit AutoSMART

Why choose St. Mary's Bank for an auto loan?

Choosing a credit union for your auto loan means choosing a financial institution that puts its members first. As a member-owned, not-for-profit credit union, St. Mary’s Bank puts earnings back into the credit union to benefit our members. That helps us offer competitive rates with APR as low as 5.14%* (with a rate discount for members who set up automatic payments*), fewer fees, and real value that goes back to the communities and people we serve.

transparent white icon of a light bult

Did you know?

You can get a rate discount on your new auto loan by setting up an Automatic Funds Transfer from your St. Mary's Bank Checking Account. Ask about the discount when you apply or contact us to add it to an existing loan.

Auto Loan and Refi FAQs

How do I get a loan rate discount?
Set up automatic payments from your St. Mary's Bank checking account. Ask about the discount when you apply or contact us to add it to an existing loan.
What payment options are available?
Check out our Consumer Loan Payment page for your options here.
I have my vehicle financed with another bank. Can I refinance with you?
Yes, you may refinance your car loan through St. Mary's Bank. Receive a 0.10% discount off your interest rate when you register for Automatic Funds Transfer (AFT) from your St. Mary's Beyond Checking Account. Visit our Consumer Loan Rates page to see the latest rates https://www.stmarysbank.com/rates/consumer-loan-rates. 
What documents do I need to apply for a vehicle loan?
You may be asked to provide documents that help verify your identity, income, and other details related to your application. See a complete list here.
What’s the difference between auto financing and an auto loan?
Auto financing is the broad term for the different ways you can pay for a vehicle over time. An auto loan is one specific type of auto financing, a loan you repay in monthly installments, plus interest.

St. Mary’s Bank offers auto loans for new and used vehicles, as well as auto loan refinancing. As a member-owned, not-for-profit credit union, we offer competitive rates and flexible terms to help you choose financing that fits your budget.
Is it better to finance a car through a dealer or a bank or credit union?

There’s no one right choice for everyone. Dealer financing can sometimes include special manufacturer offers, while financing through a credit union can give you another option to consider as you shop. With St. Mary’s Bank, you can apply for an auto loan and learn about your financing options before you buy, giving you a better idea of what may fit your budget. We offer competitive auto loan rates with no dealer markup on the rate you qualify for, and we work with dealerships to help make financing your vehicle a smooth part of the buying process.
Why choose a credit union for an auto loan?

Credit unions are member-owned and not-for-profit, which means earnings can be put back into the credit union to benefit members through competitive rates, fewer fees, and other member-focused services. As the nation’s first credit union, St. Mary’s Bank offers competitive auto loan rates, expanded terms up to 84 months, and rate discounts for members who set up automatic payments. And like a bank, your deposits at St. Mary’s Bank are federally insured by the NCUA, providing the same level of federal insurance protection available through the FDIC at banks.
Is an auto loan better than a personal loan for buying a car?

For most vehicle purchases, an auto loan can be a better fit than a personal loan. Auto loans are secured by the vehicle itself, which can allow for a lower interest rate than an unsecured personal loan. They’re also designed specifically for vehicle purchases, with terms and rates based on factors such as the vehicle’s model year.

St. Mary’s Bank offers great, low rates on auto loans for new and used vehicles, making an auto loan a smart option to consider when financing your next vehicle.

Explore

See All Posts
Woman thinking while working on laptop at home with rising graph symbol representing financial growth.

General, RatesCategories, Featured

The Federal Reserve Cuts Rates: Here’s How It Could Affect You

Mother and teenaged daughter sitting on a couch. Mother has a laptop and is smiling at daughter who is looking at her smartphone.

Financial Wellness

Teaching Teens About Credit: A Guide for Parents

Two girls at a lemonade stand smiling. One is raising a glass of lemonade while a woman holds out a dollar bill.

Financial Wellness

5 Financial Goals You Should Set with Your Kids Today

*Annual Percentage Rate (APR) accurate as of 9/17/26. Lowest available APR for model years 2024-2026, up to a 63-month term. APR based on $10,000 financed with 63 monthly payments of $18.14 per thousand. APR reflects 0.10% discount with Automatic Funds Transfer (AFT) from a St. Mary’s Bank checking account; a 0.25% discount when the loan amount is 80% or less of the MSRP (new auto loans) or 80% or less of the NADA Retail Value (used auto loans), and vehicle with 100,000 miles or fewer. APR for vehicles with 100,001 miles or more will be increased by 1.00%. $50 application fee waived. Rates and terms subject to change.