A young couple is handed keys to their new car from a dealership employee. The text on the image reads "Apply. Choose. Drive! It's that easy!"



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Flexible Payments

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Online Loan Pay

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Credit Life & Credit Disability Insurance Options

Auto Loans

Forest Area Federal Credit Union (FAFCU) offers a variety of new and used automobile loans that have a lower interest rate than unsecured loans. Plus, we're part of the Driven Program, which is designed to approve and fund auto loans to underserved and credit challenged members.

Browse our rates or apply for a loan today and get one step closer to getting behind the wheel of your dream car.

Allows members and potential members to procure a loan with the dealership saving them time and money while still being able to get a Forest Area Federal Credit Union loan.

Ask the dealership about getting the loan with FAFCU today to take advantage of our low rates.

Please note, you must be 18 years or older to apply for a loan.

Paying a higher loan rate for your vehicle than what we're offering? FAFCU can refinance automobiles from other financial institutions to save you money. Contact us to set up an appointment today.

Please note, you must be 18 years or older to apply for a loan.

Drive your new or used vehicle with peace of mind knowing you're covered from costly vehicle repairs. With Mechanical Breakdown Protection (MBP), FAFCU borrowers can be sure their investment is protected when they're faced with an unexpected mechanical or electrical failure on their vehicle. Plus, if something does happen, you'll have access to fast claims and your payment will be submitted directly to the repair facility.

Depreciation Protection (DPW) kicks in if a vehicle is ever totaled or stolen and not recovered at any time over the life of a loan from FAFCU. 

It will waive some or all of the loan balance in the event of the total loss of a vehicle. The waiver benefit is equal to the difference between the vehicles MSRP or retail value at the time of DPW purchase, less the amount of your loan balance at the time of total loss. (The benefit cannot exceed the DPW addendum limit or your outstanding loan balance at the time of the total loss)

GAP is a program offered as additional protection on your auto loan. GAP helps borrowers avoid financial loss in the event their vehicle is totaled or stolen. Since insurance settlements are based on the car's actual cash value, they are often less than the loan balance, which creates a deficiency balance or "gap" that could jeopardize repayment. GAP waives the deficiency balance, saving the borrower and financial institution from a possible loan loss.

Benefits Include:

1) Guaranteed Auto Protection (GAP)

Coverage available for new/used private passenger autos and light-duty non-commercial trucks (available on other types of collateral as well). Coverage is provided throughout the loan term, not to exceed 84 month. Pays the difference between the loan payoff and actual cash value of the vehicle in the event of a total loss.

2) Automobile Deductible Reimbursement (ADR)

Submit unlimited claims per year with a $500 deductible. To submit a claim, visit www.assuranceplus.com/Claims.

3) $1,000 Total Loss Fund

Receive $1,000 towards a new vehicle financed with FAFCU upon the covered vehicle being claimed as a total loss. The new vehicle must be financed within 90 days to receive this benefit.

4) GAP is Warranty Vault

Allows you to store all your warranty information to all of your purchases in one spot.

Not a Member? 

We proudly serve members in Grand Traverse, Kalkaska, Antrim, Crawford, Missaukee, and Wexford counties who meet our membership requirements.

Discover our low rates, refinancing options, and excellent member service. Apply to be a member today!