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Routing Number: 273976369

Our unique, nine-digit number that functions as an address for your bank.

Illustration of a truck Apply for an auto loan in minutes Start Now

We’ve made it fast and easy to buy your first vehicle. From setting your budget, to getting pre-approved with a great loan rate and finding the right car, we're here to help.

Not sure where to start?

Check out our fast, easy tips for each step of the auto buying process:

When should I apply?

You should apply as soon as you’re ready to go shopping. Getting prequalified can determine your budget and your approval is good for 30 days. Or, you can apply at the dealership when you’re making the purchase.

How do I apply for an auto loan?

You can apply easily online, schedule an appointment to apply in a branch, or apply at the dealer – just tell them you want Veridian financing.

Will I need a coborrower?

There are certain situations where your auto loan may require a coborrower:

  • Your credit score is not high enough.
  • You have negative marks on your credit.
  • Your income is not high enough.

What information do I need when I apply?

You’ll need the following documents with you when you apply:

  • Payoff statement (if you’re paying off or refinancing a loan with another financial institution)
  • Proof of identity (like your license or passport)

If you’re not already a member, you’ll also need to bring:

  • Your Social Security Number
  • Proof of current address (if your current driver’s license or government-issued ID does not have your current address):
    • Utility or phone bill
    • Bank statement
    • Vehicle or voter registration

Financing Options Video
Financing Options

In this Financing Options video:

  • How and when to apply for financing.
  • How rates are determined.
  • The benefits of preapproval.
  • Information on coborrowers.
What Is a Credit Score? Video
What Is a Credit Score?

In this Credit Score video:

  • What is a credit score.
  • How it impacts your loan rate.

How much can I afford to pay for my auto loan each month?

We recommend spending no more than 15% of your monthly income (after taxes) on all of your cars combined.

Do I need a down payment?

In most cases, it’s up to you. Putting money down can potentially get you a lower interest rate and monthly payment, and help your financial situation by having more equity in your vehicle. If you can put enough down to borrow less than the vehicle’s NADA trade-in value, you will get a discounted rate. Underwriting may require a down payment for approval if you have a lower tiered credit score.

How do I calculate “True Cost” of my vehicle?

The “True Cost” considers all the costs that go into a vehicle. This would include the price of the car, insurance, maintenance and more. Watch our video on the “True Cost” of your vehicle to learn more.

How do I get a lower interest rate?

Your credit score and history help determine your interest rate. You can further lower your rates by taking a shorter loan term or buying a newer car.

Will an auto loan affect my credit score?

Applying for a loan impacts your credit score because your loan advisor will have to complete a “hard inquiry” on your credit report. Once you have a loan and buy your car, your credit score can be positively impacted by making on-time payments or negatively impacted by missing payments, or paying late.

The True Cost of a Vehicle Video
The True Cost of a Vehicle

In this True Cost video:

  • Staying within your budget.
  • Understanding the costs after the sale.
  • How to pay less in interest.
Lowest Monthly Payment Video
Lowest Monthly Payment

In this Monthly Payment video:

  • How to get your lowest monthly payment.
  • Knowing when to extend your loan.
  • Improving your credit score.

Should I buy a new or used vehicle?

There are many things to consider when deciding between a new or used car and there is no single right answer. New cars are more expensive up front, but typically have lower maintenance costs for the first few years and you can qualify for a longer loan term. Used cars will have a lower upfront cost, but it could also need maintenance more frequently.

How does the model year of the vehicle affect my loan options?

Purchasing a newer vehicle gives you more flexibility with terms. You can finance for longer, giving you a lower monthly payment. If you choose to go with an older vehicle, you may be restricted to shorter term options.

Do I have to purchase from a dealership to get a loan?

No. We can help you finance your vehicle whether you’re buying at the dealer or from a private seller.

What do I need to consider when I go shopping?

Here are some tips to help when you go shopping for your new car:

  • Do your research before. Have a good idea of what the price should be on a car you have in mind.
  • Take a 15-minute test drive. Drive around town and on the highway to make sure it feels right in all situations.
  • Get a vehicle repair history from a provider like CARFAX. These are available from many dealers, or you can look it up yourself if you have the Vehicle Identification Number (VIN).
  • Let a trusted mechanic look it over before you buy.
  • Don’t be rushed. Make sure the car is a good fit for you and the price is right before you buy.

Going Shopping Video
Going Shopping

In this Going Shopping video:

  • Don’t buy until you’re ready.
  • Take a long test drive.
  • Ask for a repair history.
Choosing a Vehicle Video
Choosing a Vehicle

In this Choosing a Vehicle video:

  • Should you buy new or used?
  • What’s your vehicle’s primary purpose?
  • Where to do research?

How do I finalize my loan?

To finalize your loan, check with your loan advisor to ensure they have everything they need from you to finish up. Once they give you the green light, you can finalize your loan by signing at one of our partner dealerships. If you are not working with one of our partner dealers, you can sign documents at one of our locations or through an electronic signature by email.

When is my payment due?

When you finalize your loan, your loan advisor will tell you when your payments are due. To remain in good standing, be sure to make timely payments each month.

How do I make a loan payment?

The easiest way to pay for free is via online banking on your computer or mobile device. You may also make a one-time payment online for a $10 fee, or pay over the phone for a $15 fee. Mailing a check or paying in a branch are free.

Can I pay off my loan early?

Yes, you can pay off your loan early, with no early payoff fee.

Does Veridian offer anything to help protect my loan and vehicle?

Your insurance must include comprehensive and collision coverage. One of our licensed Veridian Insurance agents can get you a great rate on auto insurance. Plus, we offer payment protection, guaranteed asset protection and extended warranties to further protect your vehicle and your loan. Ask for these offerings from your lender when you apply for financing.

How do I provide proof of insurance to Veridian?

Your insurance must include comprehensive and collision coverage. Upload your insurance policy, showing Veridian Credit Union as a loss payee at Or, you can mail it to:

Veridian Credit Union P.O. Box 2336 Sioux City, IA 51106

Not sure what you can afford for a vehicle?

Calculate your monthly payment

Don't forget!

You'll also be financially responsible for sales tax at the time of purchase as well as yearly registration costs and the cost of insurance. It's also good to budget for regular maintenance to keep your vehicle running well.

Five tips for buying a car

Start your car-buying journey off right with these five tips:

Getting pre-approved for an auto loan will help with setting your budget before you shop. Apply now

Features like minimum gas mileage and four-wheel drive may be things you need. Omitting other features, like leather seats or a sunroof, can help you stay in your budget. Knowing which features are most important to you can help narrow your focus while shopping.

Shop around until you find a car that meets your needs and fits your budget. Test drive several cars and don't feel pressured to make an immediate decision.

While you're at it, ask the dealer for the vehicle’s maintenance and accident report. If possible, have a mechanic you trust inspect the car before you purchase it, especially if you are buying from a private seller instead of a dealer.

You can often negotiate the price of a vehicle. Stick to your budget, even if it means walking away and continuing to shop around. You can even research a car’s value online ahead of time and see what other shoppers in your area are paying for the same model.

Start your car-buying journey

Ready to see our loan rates?

Want to meet with a loan advisor?

Looking to apply for pre-approval online?

1 This is an estimation tool for illustration purposes only. Calculations are based on the information you provide. Rates, terms and conditions subject to change and may vary based on qualifications, including creditworthiness and loan-to-value ratio, as well as age and mileage of vehicle. All loans are subject to approval. See Veridian for details. 

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