Auto Loans · Memphis, Tennessee
15 credit unions in Memphis report car loan rates to the NCUA. Rates range from 3.99% to 6.50%.
Updated Q1 2026 · NCUA Call Report data
15
CUs Reporting Rates
3.99%
Lowest New Car Rate
4.97%
City Average Rate
15 credit unions sorted by APR
| # | Credit Union | New Car APR | Used Car APR |
|---|---|---|---|
| 1 | KIMBERLY CLARK ★ 4.0 · 31 reviews | 3.99% | 4.99% |
| 2 | MEMPHIS MUNICIPAL EMPLOYEES ★ 3.7 · 42 reviews | 4.13% | 8.66% |
| 3 | FEDTRUST ★ 4.8 · 4 reviews | 4.25% | 4.75% |
| 4 | CN/IC EMPLOYEES ★ 4.2 · 5 reviews | 4.29% | 9.89% |
| 5 | FEDEX EMPLOYEES CREDIT ASSOCIATION ★ 3.1 · 94 reviews | 4.40% | 4.99% |
| 6 | KENNEDY VA EMPLOYEES ★ 4.8 · 13 reviews | 4.65% | 5.68% |
| 7 | F A A ★ 4.3 · 15 reviews | 4.69% | 5.19% |
| 8 | KELLOGG MEMPHIS EMPLOYEES ★ 4.8 · 6 reviews | 4.90% | 5.90% |
| 9 | UPS EMPLOYEES ★ 4.6 · 15 reviews | 5.00% | 8.00% |
| 10 | MEMPHIS CITY EMPLOYEES ★ 3.9 · 40 reviews | 5.00% | 5.00% |
| 11 | L G & W ★ 3.8 · 10 reviews | 5.25% | 5.25% |
| 12 | TVA MID-SOUTH ★ 2.3 · 13 reviews | 5.44% | 6.28% |
| 13 | BULAB EMPLOYEES ★ 1.0 · 1 reviews | 5.61% | 8.12% |
| 14 | ORION ★ 3.6 · 57 reviews | 6.50% | 6.25% |
| 15 | DELTA REFINING CO EMP ★ 3.9 · 28 reviews | 6.50% | 7.50% |
15 credit unions sorted by APR
| # | Credit Union | Used Car APR | New Car APR |
|---|---|---|---|
| 1 | FEDTRUST ★ 4.8 · 4 reviews | 4.75% | 4.25% |
| 2 | KIMBERLY CLARK ★ 4.0 · 31 reviews | 4.99% | 3.99% |
| 3 | FEDEX EMPLOYEES CREDIT ASSOCIATION ★ 3.1 · 94 reviews | 4.99% | 4.40% |
| 4 | MEMPHIS CITY EMPLOYEES ★ 3.9 · 40 reviews | 5.00% | 5.00% |
| 5 | F A A ★ 4.3 · 15 reviews | 5.19% | 4.69% |
| 6 | L G & W ★ 3.8 · 10 reviews | 5.25% | 5.25% |
| 7 | KENNEDY VA EMPLOYEES ★ 4.8 · 13 reviews | 5.68% | 4.65% |
| 8 | KELLOGG MEMPHIS EMPLOYEES ★ 4.8 · 6 reviews | 5.90% | 4.90% |
| 9 | ORION ★ 3.6 · 57 reviews | 6.25% | 6.50% |
| 10 | TVA MID-SOUTH ★ 2.3 · 13 reviews | 6.28% | 5.44% |
| 11 | DELTA REFINING CO EMP ★ 3.9 · 28 reviews | 7.50% | 6.50% |
| 12 | UPS EMPLOYEES ★ 4.6 · 15 reviews | 8.00% | 5.00% |
| 13 | BULAB EMPLOYEES ★ 1.0 · 1 reviews | 8.12% | 5.61% |
| 14 | MEMPHIS MUNICIPAL EMPLOYEES ★ 3.7 · 42 reviews | 8.66% | 4.13% |
| 15 | CN/IC EMPLOYEES ★ 4.2 · 5 reviews | 9.89% | 4.29% |
A pre-approval from a Memphis 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 Memphis in the same window and take the best offer.
See member reviews, branch locations, and full rate details.