Auto Loans

MIT Federal Credit Union's Auto Loans get you on the road faster and save you money in the process. We provide smart options for financing a new* or used vehicle with one of the lowest rates available.

  • Secure a low, fixed rate based on your credit score
  • 100% financing may be available
  • Choose from various terms
  • Refinance an auto loan from another institution
  • Convenient electronic payment options available
  • No processing fees, service fees or prepayment penalty - Additional loan details here.
  • We've made it easy to pay your MIT FCU loan from an external account. Learn more here.

*A new car is defined as a current or previous year's model with 8,000 miles or less.

The Auto Buying Center Provides Solutions

Save time on your vehicle research by starting here.

New Vehicles

  • CUDL AutoSMART enables you to conduct custom searches of new vehicles
  • AutoVantage provides 24-hour roadside assistance nationwide
  • Edmunds delivers upfront pricing on new vehicles without the haggling
  • Car and Driver is a leading automotive industry publication with the latest news and reviews
  • Kelley Blue Book allows you to price new vehicles and research their values

Used Vehicles

  • CUDL AutoSMART allows you to locate nearby dealerships and research used vehicles
  • The National Automobile Dealers Association (NADA) Official Used Car Guide provides reliable pricing and information on all types of vehicles
  • Kelley Blue Book is a trusted resource for researching vehicles' values and accessing reviews and ratings
  • AutoTrader is a comprehensive consumer tool to research and locate vehicles

Auto Insurance

You May Be Paying Too Much for Car Insurance

You May Be Paying Too Much for Car Insurance

You May Be Paying Too Much for Car Insurance

You work hard for your money and even harder to keep your budget on track. So why spend too much on car insurance—maybe hundreds of dollars too much?

MIT Federal Credit Union members may qualify for discounts on car insurance through the TruStage® Auto Insurance Program. You could save big, and it can be easy to switch carriers—without losing any money.

TruStage offers a powerful mix of savings and popular, member-friendly benefits:

  • Credit union member discounts*
  • Nationally recognized companies
  • Friendly, 24/7 service—even on holidays
  • Discounts for multiple vehicles, safety features, good driving and more*
  • Mobile app for easy claims


It can be easy to get a free quote today. Don’t wait to see how much you could save.



A Tradition of Strength

TruStage is part of a heritage of faithful service to credit union members spanning more than 80 years. Over 20 million people have selected TruStage for AD&D, life, auto & home insurance and more.


TruStage® Auto & Home Insurance Program is made available through TruStage Insurance Agency and issued by leading insurance companies. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union. Products and features may not be available in all states. Be sure to understand the complete details of coverage, including any exclusions and limitations. If your credit union enables this insurance program to be offered, it is entitled to compensation from TruStage Insurance Agency, LLC, PO Box 61, Waverly IA 50677-0061. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations.

*Discounts and savings are available where state laws and regulations allow and may vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify.

© TruStage Insurance Agency 2018


An MIT Federal Credit Union Auto Loan includes opportunities for members to save even more money.

*APR = Annual Percentage Rate. Smart Money Rewards membership with automatic payments qualifies you for a 0.25% APR reduction.