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Home - Henrico Federal Credit Union
Smarter Members. Local Values. Community Focused.

Loan Rates

 Rates Effective March 21, 2024

New Auto Loans
Term APR as low as
12-36 months 5.49%1,3   
37-48 months 5.74%1,3
49-63 months 6.24%1,2,3
64 -75 months 6.49%1,2,3
76-84 months 7.49%1,2,3
85-96 months 8.49%1,2,3

All rates are subject to change without notice.

¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term.

² Purchase money rates listed. For non-purchase money loans, add an additional 2.00% APR. 

Members in some relationship pricing groups qualify for a 0.25% APR discount. 

Payment example based on a $10,000 loan: $186.92 at 6.24% APR with a 63-month term; $162.98 at 6.49% APR with a 75-month term; $153.80 at 7.49% with a 84-month term; $143.49 at 8.49% APR with a 96-month term.

3Posted rates are for existing members of the Credit Union

Membership Eligibility Required

Used Auto Loans
Term APR as low as
12-36 months 5.49%1,3
37-48 months 5.74%1,3
49-63 months 6.24%1,2,3
64-75 months 6.49%1,2,3
76-84 months 7.49%1,2,3

All rates are subject to change without notice.

¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term.

² Purchase money rates listed. For non-purchase money loans, add an additional 2.00% APR. 

Members in some relationship pricing groups qualify for a 0.25% APR discount. 

Payment example based on a $10,000 loan: $186.92 at 6.24% APR with a 63-month term; $162.98 at 6.49% APR with a 75-month term; $153.80 at 7.49% with a 84-month term; $143.49 at 8.49% APR with a 96-month term.

3Posted rates are for existing members of the Credit Union

Membership Eligibility Required

Recreational Loans
Type Term APR as low as
New Motorcycles, Boats and RVs 36 -144 months 6.49%1
Used Motorcycles, Boats and RVs
(Model Year 2021 - 2023)		 36 -144 months 6.49%1
Used Motorcycles, Boats and RVs
(Model Year 2020 or Older)		 36 -144 months 7.49%1,2

All rates are subject to change without notice.

¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term. Maximum terms are as follows: MOTORCYCLES: up to $20K: 63 months; over $20K and model year 2021 or newer: 75 months
BOATS/RVs: up to $20K: 63 months; $20K-$50K: 84 months; $50K-$75K: 120 months; over $75K: 144 months

² Purchase money rates listed. For non-purchase money loans, add an additional 2.00% APR. 

Payment example based on a $10,000 loan: $191.83 at 7.24% APR with a 63-month term; $167.88 at 7.49% APR with a 75-month term.

Membership Eligibility Required