Auto Loans · Salem, Oregon
4 credit unions in Salem report car loan rates to the NCUA. Rates range from 5.72% to 7.00%.
Updated Q1 2026 · NCUA Call Report data
4
CUs Reporting Rates
5.72%
Lowest New Car Rate
6.11%
City Average Rate
4 credit unions sorted by APR
| # | Credit Union | New Car APR | Used Car APR |
|---|---|---|---|
| 1 | HERITAGE GROVE ★ 3.8 · 57 reviews | 5.72% | 6.27% |
| 2 | MARION AND POLK SCHOOLS ★ 3.8 · 76 reviews | 5.74% | 6.24% |
| 3 | IBEW/SJ CASCADE ★ 4.8 · 10 reviews | 5.99% | 5.99% |
| 4 | VALLEY ★ 4.6 · 148 reviews | 7.00% | 9.22% |
4 credit unions sorted by APR
| # | Credit Union | Used Car APR | New Car APR |
|---|---|---|---|
| 1 | IBEW/SJ CASCADE ★ 4.8 · 10 reviews | 5.99% | 5.99% |
| 2 | MARION AND POLK SCHOOLS ★ 3.8 · 76 reviews | 6.24% | 5.74% |
| 3 | HERITAGE GROVE ★ 3.8 · 57 reviews | 6.27% | 5.72% |
| 4 | VALLEY ★ 4.6 · 148 reviews | 9.22% | 7.00% |
A pre-approval from a Salem 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 Salem in the same window and take the best offer.
See member reviews, branch locations, and full rate details.