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Home » Affinity FCU leans into auto refinance as competition increases 

Affinity FCU leans into auto refinance as competition increases 

Average credit union auto refinance savings was $101 per month in Q1

Amanda HarrisbyAmanda Harris
June 5, 2026
in Risk Management
Reading Time: 4 mins read
0
Cars driving on the highway

(Courtesy/Canva)

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for ways to lower monthly payments.  The Basking Ridge, N.J.-based credit union is looking to “capitalize” on refinance since consumers who bought vehicles in the past four years had higher loan rates, Brett Molloy, vice president of mortgage and consumer lending, told Auto Finance News.   “Our strategy is … how can we get into that […]

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Tags: Affinity Federal Credit UnionCredit UnionsExperianinterest ratesPremiumrefinance
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