CommonWealth One Federal Credit Union Offers Members Special Auto Loan Rates with a 90 Day No Payment Option now Through December 31, 2012

Alexandria, VA – October 17, 2012 – CommonWealth One offers special auto loan rates with a 90 day no payment option now through December 31, 2012.  Members can get Turbo-Charged auto loans with rates as low as 1.49% APR for new cars up to 60 months, 1.99% APR for used cars 2007 model year and newer, and 3.49% APR for used cars 2006 model year and older.

Members can also choose to delay their payments up to 90 days when they purchase a new car, SUV or truck.  Plus, members can refinance their current auto loans to CommonWealth One and receive these special rates and no payment offers.

Most credit unions, banks, and car dealerships within the metro Washington, DC and Harrisonburg Shenandoah areas cannot offer a better auto loan rate, especially on older vehicle models, with this 90 day no payment option.  This offer is especially good with the coming holiday season.  Members can get the car they want with a great low rate and take advantage of end-of-year car sales, incentives and rebates.  “With the holiday season coming, this is a great opportunity for members to get a new or used car,” says Ashley Baldeon, CommonWealth One Marketing Manager.  “Our special rates give members a chance to get a great deal and take pressure off their holiday budget.”

CommonWealth One’s members are encouraged to get pre-approved before shopping a dealer’s lot.  This gives members more purchasing power when negotiating their deal.  CommonWealth One also offers 100% financing of the vehicle.  Financing with CommonWealth One is easy to do with an online auto loan application, plus other auto buying resources, including car loan calculators, credit life and credit disability insurance, guaranteed asset protection and mechanical repair coverage.

To learn more about Turbo Charged Auto Loans from CommonWealth One and these special offers, visit

About CommonWealth One Federal Credit Union

Since 1944, CommonWealth One Federal Credit Union, headquartered in Alexandria, VA, has grown to become one of Washington, D.C. and Northern Virginia’s top credit unions with more than $300 million in assets serving more than 36,000 members.  CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. It provides its members with lower fees and loan rates, plus higher savings rates.  Excess earnings are returned to members in the form of higher dividend rates, lower interest rates on loans and low or no fees.

CommonWealth One has branches in downtown Washington, D.C., Alexandria, VA, and Harrisonburg, VA (one branch is located on the James Madison University campus).  Members can access their accounts through Online Banking, Mobile and Text Banking, plus a network of over 6,700+ shared branches and 43,000+ transaction-fee-free ATMs across the country.  For information, or to open an account online, visit

More News