Cruise through Rockford in a vehicle you love. We can help make it happen.

At MembersAlliance Credit Union, we focus on saving our members money. With an average savings of $319 per year on new car loans and $245 per year on used car loans (over $1000 savings on 60 month loans)1, we keep more money where it belongs...in your pocket!

Aside from our renowned personal service and excellent rates, Members Alliance also offers exclusive extended protection and guarantee programs to our members who purchase a vehicle through our loans. Some of these benefits include:

Guaranteed Asset Protection Insurance (GAP)

Your new car can depreciate by thousands of dollars during the term of your loan. So, if something should happen to your car, chances are your primary auto insurance coverage on your car might be lower than your auto loan. To protect yourself against this potential financial loss, MembersAlliance Credit Union offers GAP insurance. GAP is a low-cost coverage that pays the potentially high-cost difference between your insurance settlement and your vehicle loan balance. 

Learn more about GAP insurance.

Mechanical Breakdown Protection Coverage

The cost of a new or used car can often just be the beginning of your investment in it. Mechanical Breakdown Protection Coverage can help give you the peace of mind you need so that you can cover your vehicle repair costs after your warranty expires. Just a few dollars a month can save you hundreds and even thousands of dollars in repair costs, as well as roadside assistance and towing, emergency travel and car rental costs.

Learn more about Mechanical Breakdown Protection Coverage.

Debt Protection 

Life is unpredictable, protect what matters. There are a wide range of unexpected events that could leave you and your family scrambling to pay bills. That's why it is important you take action to safeguard your family against these types of events to ensure loan payments are made on time. That's where Debt Protection comes in.

Under the Debt Protection program, your loan balance may be canceled or your monthly loan payments canceled without penalty or added interest. You benefit from the peace of mind knowing you and your credit rating are protected - and most importantly - that your family is protected.

Learn more about Debt Protection Coverage.

TruStage™ Auto & Homeowners Insurance Program

MembersAlliance joined with a dedicated team of insurance professionals to bring you the TruStage™ Auto Insurance Program from Liberty Mutual Insurance Company. As a credit union member, you can possibly save hundreds of dollars per year on your insurance. Get your free quote online from TruStage™ Auto & Homeowners Insurance Program, or call Lori Rigotti of Liberty Mutual at 847-658-6067 ext. 56892, or toll free at 1-800-648-3904.

Learn more about TruStage Insurance.

You’re already paying for it…drive for less when you refinance your auto loan to MembersAlliance Credit Union! With great interest rates and flexible terms, we’re sure to help you determine the right loan, at a great rate, with a payment you can afford and help you save some money today!

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Simple Loan Calculator

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Learn & Earn is an educational incentive program geared to equip our members with personal finance lessons.

This program offers a wide variety of courses that offer fun and interactive learning. Along with the learning is reward earning. From loan discounts to amazon e-gift cards, there is something for everyone.

Check out our current rewards and courses below.

The ins and outs of auto loans (0.25% off auto loan rate)

There is more than meets the eye when it comes to buying a car. Learn about what goes into a car loan and get the breakdown of what auto insurance really is. There is even a coach to determine what auto loan fits your budget!

 How do I get my reward?

  • Must be a member at MembersAlliance
  • Apply for an auto loan at MembersAlliance
  • Complete all material in this section

Once the course is completed a certificate will be emailed to you and the interest rate discount will be valid for 90 days past completion.

Get Started

Rewards disclaimer: Members must be in good standing, and are eligible to receive each available incentive one time per member only. Members must meet each tutorial’s requirements to receive the corresponding incentive. Incentive eligibility and payout is subject to review and approval by MembersAlliance Credit Union. Loan discounts and closing costs available on approved loans. Loans subject to credit approval. Some restrictions may apply. MembersAlliance employees are not eligible. Individual incentives may be rejected if MembersAlliance determines the individual does not qualify for redemption or attempts to subvert the intended nature of the program for personal gain.

Need to make your loan payment?

You have a variety of options available to you for making your payment. Review and determine what best fits your needs.

1Annual savings taken from 2021 CUNA Economics and Statistics Membership Benefits Report. APR = Annual Percentage Rate.

Buy vs. Lease CalculatorDisclaimer

This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.

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CD CalculatorDisclaimer

A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.

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Savings Goal CalculatorDisclaimer

Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.

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Simple Loan CalculatorDisclaimer

This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.

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Autos, Trucks and Motorcycles

New Auto, Trucks, Vans, Motorcycles (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
24 Months 2.50% $42.76
25-36 Months 2.50% $41.09 - $28.86
37-54 Months 2.50% $28.11 - $19.60
55-66 Months 2.50% $19.26 - $16.24
67-78 Months 2.50% $16.01 - $13.91
79-84 Months 3.00% $13.97 - $13.22
85-96 Months / $40,000 Min. 3.25% $13.19 - $11.85

Used Auto, Trucks, Vans, Motorcycles (2021-2015)

Term Rate Pmt/$1,000
24 Months 2.50% $42.76
25-36 Months 2.50% $41.09 - $28.86
37-54 Months 2.50% $28.11 - $19.60
55-66 Months 2.50% $19.26 - $16.24
67-78 Months 2.50% $16.01 - $13.91
79-84 Months 3.25% $14.08 - $13.33
85-96 Months / $40,000 Min. N/A N/A

Used Auto, Trucks, Vans, Motorcycles (2014 and older)

Term Rate Pmt/$1,000
24 Months 3.75% $43.32
25-36 Months 4.00% $41.76 - $29.53
37-48 Months 4.25% $28.89 - $20.38
48-60 Months / $20,000 Min. 4.75% $20.27 - $17.25

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Computer and Other Durable Goods

Term Rate Pmt/$1,000
24 Months 7.00% $44.79
36 Months 8.00% $31.35
48 Months 9.00% $24.90

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Home Equity - Fixed Rate - Up to 80% Loan to Value

Term Rate Pmt/$1,000
24 Months 4.000% $43.43
36 Months 4.250% $29.64
48 Months 4.250% $22.70
60 Months 4.250% $18.54
72 Months 4.500% $15.88
84 Months 4.500% $13.91
96 Months 4.500% $12.43
108 Months 4.750% $11.41
120 Months 4.750% $10.49
180 Months 5.000% $7.92

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed. Rates may vary based on credit evaluation. Rates subject to change without notice. Closing costs may vary if out of the Rockford area, an appraisal is required, or a release of mortgage is recorded.

Home Equity Line of Credit - Adjustable Rate - Up to 80% Loan to Value

Rate discounted at 4.625% for the first year. Adjusts to Wall Street Journal Prime Rate annually, which is currently at 4.750% Maximum APR = 18% Annual Fee = $10.00

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed. Rates may vary based on credit evaluation. Rates subject to change without notice. Closing costs may vary if out of the Rockford area, an appraisal is required, or a release of mortgage is recorded.

IRA/CD Rates

Type/Term Minimum Opening Deposit Rate APY Penalty for Early Withdrawal
Base IRA (Primary, Education, Roth) $500 0.050% 0.050% N/A
3 Month CD* $500 0.080% 0.080% 90 Days
6 Month CD** $500 0.150% 0.150% 90 Days
12 Month CD $500 0.250% 0.250% 180 Days
18 Month CD $500 0.300% 0.300% 180 Days
24 Month CD $500 0.350% 0.351% 180 Days
30 Month CD $500 0.400% 0.401% 180 Days
36 Month CD $500 0.450% 0.451% 180 Days
48 Month CD $500 0.500% 0.501% 365 Days
60 Month CD $500 0.600% 0.602% 365 Days

Minimum Deposit = $500.00. A penalty will or may be imposed for early withdrawals. *3 month CD not eligible for IRAs.** 6 month CD not eligible for Roth and Education IRAs.

Mobile Home

Mobile Home Loans Are Temporarily Unavailable Rate
120 Months (New) N/A
180 Months (New) N/A
120 Months (Used) N/A
180 Months (Used) N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Monthly Payment Installment samples shown are based on every $1,000 borrowed.

Money Market Accounts

Balance Rate APY
$2,500 - $9,999.99 0.050% 0.050%
$10,000 - $24,999.99 0.080% 0.080%
$25,000 - $99,999.99 0.130% 0.130%
$100,000+ 0.170% 0.170%

Off Road RVs, Snowmobiles and Jet Skis

New Snowmobile, Off-Road RV, Jet Ski (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
24 Months 5.50% $44.11
36 Months 6.00% $30.43
48 Months 6.50% $23.73
60 Months 7.00% $19.82

Used Snowmobile, Off-Road RV, Jet Ski (2021-2013)

Term Rate Pmt/$1,000
24 Months 6.00% $44.33
36 Months 6.50% $30.65
48 Months 7.00% $23.96
60 Months N/A N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Personal Loans (Unsecured)

Loan Type/Term Rate Pmt/$1,000
Unsecured - Signature Loan 6 Months 5.00% $169.13
Unsecured - Signature Loan 12 Months 5.50% $85.85
Unsecured - Signature Loan 18 Months 6.50% $58.47
Unsecured - Signature Loan 24 Months 7.50% $45.01
Unsecured - Signature Loan 36 Months 8.50% $31.58
Unsecured - Signature Loan 48 Months 9.00% $24.90
Unsecured - Signature Loan 60 Months 9.50% $21.02
Unsecured - Line of Credit 10.90% 3% of Limit

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit). Not available on Unsecured Line of Credit Loans.

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range.

Primary Mortgage

Conventional Mortgages - 5% Down

Term Points Rate Pmt/$10,000 APR
15 Year Fixed Rate 0.000 4.750% $77.78 5.016%
15 Year Fixed Rate  1.000 4.375% $75.86 4.535%
20 Year Fixed Rate  0.000 4.990% $66.00 5.261%
20 Year Fixed Rate 1.000 4.750% $66.62 5.027%
30 Year Fixed Rate  0.000 5.375% $56.00 5.786%
30 Year Fixed Rate  1.000 5.125% $54.45 5.529%
5/1 Year ARM 0.000 N/A N/A N/A
7/1  Year ARM 0.000 N/A N/A N/A
Construction 0.000 N/A N/A N/A


FHA Mortgages - 3.5% Down

Term Points Rate Pmt/$10,000 APR
15 Year 0.000 5.125% $79.73 6.211%
20 Year 0.000 5.125% $66.69 6.149%
25 Year 0.000 5.125% $59.19 6.138%
30 Year 0.000 5.000% $53.68 6.012%
5/1 Year ARM 0.000 N/A N/A N/A

Monthly Payment Installment samples shown under rates  are based on every $10,000 borrrowed. Mortgage Loan Rates & APR are based on $175,000 loan. Rates are subject to change daily.  Please contact the credit union for current rates at 815-226-2260.       

Recreational Vehicles (Boats, Motor Homes, 5th Wheels, Travel Trailers, Campers)

New Recreational Vehicles (New 2022; New untitled 2021)

Term Rate Pmt/$1,000
25-36 Months 3.50% $41.53 - $29.30
37-54 Months 3.50% $28.55 - $20.04
55-66 Months 3.75% $19.82 - $16.79
67-78 Months 3.75% $16.57 - $14.47
79-90 Months 4.00% $14.42 - $12.88
91-126 Months / $40,000 Min. 4.50% $12.99 - $9.88
127-180 Months / $60,000 Min. 4.75% $10.04 - $7.78
181-246 Months / $80,000 Min. 5.00 $7.88 - $6.51

Used Recreational Vehicles (2021-2015)

Term Rate Pmt/$1,000
25-36 Months 3.75% $41.64 - $29.41
37-54 Months 3.75% $28.66 - $20.16
55-66 Months 4.00% $19.93 - $16.91
67-78 Months 4.25% $16.80 - $14.70
79-90 Months 4.50% $14.65 - $13.12
91-126 Months / $40,000 Min. 4.75% $13.11 - $10.10
127-180 Months / $60,000 Min. 5.00% $10.16 - $7.91
181-246 Months / $80,000 Min. N/A N/A

Used Recreational Vehicles (2014 and older)

Term Rate Pmt/$1,000
25-36 Months 4.25% $41.87 - $29.64
37-54 Months 4.50% $29.00 - $20.50
55-66 Months 4.75% $20.27 - $17.35
67-78 Months 5.00% $17.14 - $15.05
79-90 Months >5.25% $15.00 - $13.47
91-126 Months / $40,000 Min. 6.00% $13.87 - $10.72
127-180 Months / $60,000 Min. N/A N/A
181-246 Months / $80,000 Min. N/A N/A

Rates disclosed are As Low As Rates, which are based on the A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).

Loan rates may vary based on credit evaluation. Monthly Payment Installment samples shown are based on every $1,000 borrowed and the minimum term and maximum term within each term range. Additional terms available.

Savings/Checking Rates

Accounts Rate APY Minimum Opening Deposit
Savings Account/Business Savings Account 0.050% 0.050% $25
Youth Accounts 0.050% 0.050% $25
Free Basic Checking 0.00% 0.00% No Minimum Deposit Required
MyCashback Checking N/A N/A No Minimum Deposit Required
HSA Checking 0.00% 0.00% No Minimum Deposit Required
Business Checking 0.00% 0.00% No Minimum Deposit Required
Christmas Club 0.050% 0.050% No Minimum Deposit Required
Vacation Club 0.050% 0.050% No Minimum Deposit Required

Share (CD) Secured

Loan Type/Term Rate
Savings Secured - CD Account 2.00% Over CD Rate

Student Loans

Credit Score Rate Index (Prime Rate) Margin Rate
=>820 4.750% -0.250% 4.500%
760-819 4.750% 1.500% 6.250%
700-759 4.750% 2.750% 7.500%
680-699 4.750% 3.750% 8.500%
660-679 4.750% 5.750% 10.500%

Adjustable quarterly based on the Prime Rate. Floor Rate: 3.00%, Ceiling Rate: 18.00%

Visa Credit Card

Card Type APR for Purchases, Cash Advances and Balance Transfers
Visa Platinum Rewards Card 8.90% to 17.90%

APR is based on your creditworthiness at the time of account opening.