Utah First Credit Union Announces 4.99% Auto Loan Rate for Limited Time

Rate is the lowest available in the state

SALT LAKE CITY–(BUSINESS WIRE)–Utah First Credit Union is offering a 4.99% auto loan rate for a limited time, making it the current lowest interest rate for auto loans in the state.

The purpose of this special rate is to give back to the community by providing them with an auto loan rate significantly lower than current market rates, with the average rate in Utah now sitting over 6.70%.

“Our mission at Utah First is to be significant in the lives of our community, and what better way to do that than by giving them an exceptional deal? This annual promotion has been a Utah First tradition since 2017, and we are proud to continue giving back to our members,” says CEO Darin Moody.

The exclusive offer is available to those wishing to purchase a new vehicle. It also extends to those wanting to refinance their existing auto loan from another bank or credit union. The offering is available for a limited time, so Utahns are encouraged to apply online at UtahFirst.com or visit any Utah First branch to secure this low rate.

Since its creation in 1935, Utah First has been a not-for-profit financial co-operative with the goal of providing judgment-free financial solutions for its members. Their motto, “Practicing the art of ‘Yes’” demonstrates their commitment to build their members’ financial futures by providing competitive rates and outstanding customer service.

Disclaimer: Fixed 4.99 Annual Percentage Rate (APR) auto loans offered on approved credit up to 5 years. The actual rate and payment amount you receive will reflect your individual circumstances and may be higher than the rate. Rates based on credit history, collateral criteria, term of loan, and other criteria. New money, direct vehicle loans only. Existing Utah First loans not eligible. May not be combined with any other offers. Offer subject to change without notice, other terms and conditions apply. Lowest rate in the state based on a survey dated June 23,2023 for traditional financial institutions based in Utah.

Contacts

Kelly Singleton

ksingleton@utahfirst.com