Thinking about a new car this summer, or wondering if now’s the time to refinance your auto loan? Our CEO, John Holt, sat down with the hosts of Great Day Connecticut on WFSB Channel 3 to talk about how Nutmeg State Financial Credit Union is helping members save money and stress less this season. In the video below, John breaks down our current auto loan rates, as low as 4.75% APR* for up to 60 months, and shares why refinancing an existing loan could mean a lower monthly payment. As John explained, “If you have a rate that’s higher from an even higher rate environment, you should definitely look at refinancing. And the key and magic number here is if you can save at least 1% from what you have.” He also gets into how easy it is to join Nutmeg, just a $5 deposit opens membership, and what that unlocks: a High-Yield Savings account earning up to 4.00% APY**, plus Round-Up Checking***, which quietly turns everyday purchases into savings without you having to think about it.
*APR = Annual Percentage Rate. Rate shown is the lowest available and is subject to credit approval and underwriting. Rates are based on creditworthiness and may vary based on term, vehicle age, loan amount, and collateral value. Not all applicants will qualify for the lowest advertised rate.
**The advertised Annual Percentage Yield (APY) is available on new money only; funds transferred from an existing NSFCU account do not qualify. A minimum deposit of $2,500 is required to open a High-Yield Savings Account and earn the advertised APY. HYSAs with balances below $2,500 are not eligible to earn dividends. Balances up to $100,000 earn 3.00% APY; balances exceeding $100,000 earn 0.50% APY on the portion above $100,000. Fees may reduce earnings on the account. The advertised APY is accurate as of 06/12/2026 and may change after the account is opened without notice. Other terms and conditions may apply.
***When you open a Round Up Checking account, NSFCU will increase the APY on your HYSA by +1.00% on balances between $2,500 and $100,000 (for example, a 3.00% APY becomes 4.00% APY). The advertised 4.00% APY boost is accurate as of 06/12/2026. This is a variable rate and may change after the account is opened without notice. NSFCU reserves the right to discontinue or modify this APY boost at any time without notice. Fees may reduce earnings on the account.
