Loans

Auto Savings Loans

Savings to fall back on can give you peace of mind.  Now it's easy to build savings for the future while you make payments on your Communicating Arts loan with our Auto Savings Loans.

  Here's how it works:

  • Sign an agreement to increase the amount of your loan payment
  • The "extra" amount will be deposited in a high-yielding  certificate of deposit.  No beginning minimum deposit is required.
  • When the loan is paid off, your certificate matures and you'll have a nice little nest egg to use as the down-payment on your next vehicle, to create and emergency fund, or save for retirement.

"Pay Yourself First" is a tried and true way to build savings.  With an Auto Savings Loan you can make those deposits to savings automatic.  You decide how much to add, and with one simple transaction, you'll make your loan payment and add to your savings.  Ask a Loan Office for details on how to turn your loan into automatic savings.

Borrowing for a car?  A Communicating Arts Auto Loan Plus allows for withdrawals from your automatic savings for qualified repairs on the vehicle securing the loan.