Auto Loans (Non Commercial)

Effective Date: Saturday, July 22, 2017

Model YearAnnual Percentage Rate*Comments
2015-20172.49%Term <= 60 months
2015-20172.66%Term > 60 months & <= 72
2015-20173.14%Term > 72 months & <= 78 months max.(Loans $15,000+)
2015-20173.89%Term > 78 months & <= 84 months max. (Loans $20,000+ AND credit score of 730+)
2013-20142.56%Term <= 60 months
2007-20122.79%Term <= 48 months
2006 and olderContact our loan officer for more information.

*Discounted rate available with automatic payment plan using a Gate City Bank checking account. Offer not valid on Gate City Bank lines of credit. Other terms and conditions may apply. Loan Payment Example: a $20,000 auto loan at 1.99% interest rate for 60 monthly payments of $350.47 with a $100 origination fee will have a 2.191% APR. 

Auto Loans (Commercial)

Effective Date: Saturday, July 22, 2017

Model YearAnnual Percentage Rate*Comments
2015-20173.46%Term <= 60 months
2015-20173.63%Term > 60 months & <= 72
2015-20174.12%Term > 72 months & <= 78 months max.(Loans $15,000+)
2015-20174.86%Term > 78 months & <= 84 months max. (Loans $20,000+ AND credit score of 730+)
2013-20143.54%Term <= 60 months
2007-20123.71%Term <= 48 months
2006 and olderContact our loan officer for more information.

*Discounted rate available with automatic payment plan using a Gate City Bank checking account. Offer not valid on Gate City Bank lines of credit. Other terms and conditions may apply. Loan Payment Example: a $30,000 auto loan at 2.99% interest rate for 60 monthly payments of $538.93 with a $125 origination fee will have a 3.159% APR. 

Commercial Equipment

Effective Date: Saturday, July 22, 2017

Annual Percentage Rate*Comments
5.65%84 month term (loans $30,000+)
5.17%72 month term (loans $20,000+)
4.71%60 month term (loans $15,000+)
4.25%48 month term (loans $10,000+)
3.83%36 month term (loans $5,000+)

*Discounted rate available with automatic payment plan using a Gate City Bank checking account. Offer not valid on Gate City Bank lines of credit. Other terms and conditions may apply. Loan Payment Example: a $25,000 commercial equipment loan at 4.50% interests rate for 60 monthly payments of $466.08 with a .50% origination fee will have a 4.706% APR.