Auto Loans

New and Pre-Owned Auto Loans

Great Service. Great Rates

Find the perfect loan for your next new or used vehicle purchase. Check out our incredibly low auto loan rates. All of our auto loans offer great rates and flexible terms that suit your budget. We also offer members an affordable extended warranty program and GAP insurance to help take care of your investment.

Our loan department is here to serve you so that you can be sure you are getting a low rate and great service. Applying for a loan is fast and easy. Apply Today!

Pre-Approved Auto Loans

Get pre-approved for a hassle-free car shopping experience.

If you're thinking of buying a new or used car anytime soon, make your purchase stress-free and apply for a pre-approved loan at POCUMD. That way, you can step into the dealer's showroom with the confidence of having your loan ready to go.

Plus, when your low-rate loan is already set, you can save money by buying smart and taking advantage of rebates and bargains. That can save you thousands of dollars. Now's the time to look for all those end-of-the-year deals, too!

Refinancing From Other Financial Institutions

Save big when you refinance your loan with us!

Did you finance your auto at the dealer or through another financial institution? You may be paying WAY TOO MUCH! Bring your auto loan to POCUMD, and you could be paying less every month! Refinancing is EASY and FAST!

Bring in your loan paperwork and talk to us today!

GAP Services (Guaranteed Auto Protection)

Will your insurance pay off your loan if your car is totaled or stolen? Your primary insurance will usually pay only the current market value of your vehicle, less your deductible. This amount could be substantially lower than your loan balance. That's where GAP comes in. When you finance a vehicle through POCUMD, don't forget to ask for GAP coverage. It will cover the difference between your loan payoff and your primary insurance company settlement.

Extended Warranties

We are excited to announce that Vision Warranty Company now offers open enrollment and an extended warranty program. This means that you can take advantage of these special services regardless if your vehicle loan is with POCUMD!

Contact us to learn more details about these services and to purchase your extended warranty vehicle protection. After 30 days or 1,000 miles, you can live worry-free from unexpected, costly vehicle repairs!

NEW Online Car Shopping and Buying Service

Shop for a new or used car right from the POCUMD website.

Save time, money, and stress when looking for your next car:

  • Search for new or used cars

  • Compare vehicles by make, model and price

  • Access Free CarFax® reports

  • Request a quote

  • Get pre-approved online

  • Research vehicle specifications

  • and so much more!

Combined with POCUMD's unbeatable loan rates, you can save thousands of dollars on your next automobile purchase.

Credit Life and Credit Disability Insurance

This is member-elect coverage that pays your loan when you cannot due to illness, accident, or death.

Enterprise Car Sales

Want a great deal on your used car purchase? POCUMD has a partnership with Enterprise Car Sales to help you get on the road and save. Visit www.cuautodeals.com to learn more.

Applying for an Auto Loan  

When applying for a loan, you will need to enclose the following items:

  • Signed and completed application

  • A copy of your two most recent pay stubs (this is for applicants and co-borrowers if applicable)

    • If you receive Pension, SSA, or any other monthly benefit(s), please submit the annual certificate or a current bank statement

    • If you are NOT a Postal Employee, contact your Human Resources or Personnel Department. They must verify your employment in writing. The verification should indicate how you are paid (weekly, biweekly, etc.), your position, and your date of hire

  • Copy of your driver's license

  • If you rent, please submit a copy of your lease agreement

  • If the loan is to purchase a vehicle, please submit a purchase order or buyer’s order from the dealership

  • If the loan is to refinance a vehicle, please submit the following:

    • A 10-day payoff from the present Finance company on company letterhead

    • A copy of your Title. Per approval, we will need the original Title

  • If you are purchasing a vehicle from a private owner, submit the following:

    • Notarized Bill of Sale from the current owner (it must be a clear title vehicle - no secured parties)

    • Copy of the Title and Lien Release (per approval we will need the original Title and Lien Release)

    • Certified company Inspection Ticket

Apply for a Pre-Approved Auto Loan  

When applying for a pre-approved loan, you will need to enclose the following items:

  • Signed and completed application. Be sure to include the estimated price of the vehicle.

  • Copy of your two most recent paystubs (this is for applicants and co-borrowers, if applicable).

  • Copy of your driver's license.

Auto Loan Application

To apply for an Auto Loan please complete the application process online through (Online Banking) or download the application form and submit it via Mail, eMail, Fax or bring it to the branch.

  • Online - Apply online through Online Banking.

  • Mail - Post Office Credit Union of MD, Inc., P.O. Box 22911, Baltimore, MD 21203-4911

  • Email - loans@pocumd.org

  • Fax - 410-727-0929

  • In Person - Visit the credit union at 900 East Fayette St., Room 606, Baltimore MD 21233

Or call us at (410) 727-5469 with your contact information and we will mail or email you an application form for you to complete at your convenience.