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Auto Loans

January 28, 2021

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Learn more about the other loan options available!

Looking for the new car, truck, van, or SUV of your dreams? Visit NADA for free vehicle pricing, reports and reviews. After you have found your vehicle, The Bank of Elk River can put you behind the wheel quickly and easily. We offer competitive rates at various terms! Our Loan Calculator can help you determine a down payment and monthly payment plan that is right for your budget. We offer pre-approvals so you can be confident when shopping for your next vehicle.

Ways to Apply

Benefits

  • Competitive rates for new and used vehicles
  • Various terms available
  • Free Digital Banking for viewing loan information and making payments

*Annual Percentage Rate. Loans are subject to credit approval. Offer available through December 31, 2020. Credit score of 720 or higher to qualify. Must have automatic payment from a Bank of Elk River account to qualify for the 2.49% APR. Without automatic payments the rate would be 2.74% APR. Available on 2018 & newer automobiles on loan terms of up to 60 months. Other rates and terms available. Existing Bank of Elk River auto loans are exempt from this offer. Consumer retail loans only. Other fees may apply. Available for 100% financing tax and title. See bank for details.