Reliant Credit Union just saved its members more than $10 million in auto loan interest in 2025.
Yes, you read that right—$10 million with an M.
The math works out like this: 1,829 members decided to ditch their high-interest auto loans and refinance with Reliant instead. The result? An average of $5,501 per person back in their pockets over the life of their loans. And that’s just the average—plenty of folks saved even more.
From Million-Dollar Goal to Ten-Times That
Rewind to 2020, and Reliant had set what seemed like an ambitious target: save members $1 million in auto loan interest through refinancing. They crushed it. By 2024, that number had grown to $3.5 million for the year. Now in 2025? They’ve blown past that original goal by a factor of ten.
It’s the kind of growth trajectory that doesn’t happen by accident. It happens when you genuinely focus on putting money back where it belongs—in your members’ wallets.
What Makes Auto Loan Refinancing Worth Your Time
If you’re not familiar with how this works, here’s the deal: Reliant’s refinancing program lets you transfer your existing car loan from another bank or lender to get better terms. We’re talking lower monthly payments, reduced interest rates, or even a shorter loan term if that’s what makes sense for your situation.
The process isn’t some bureaucratic nightmare, either. One member who refinanced in 2025 put it simply: “Refinancing my auto loan to a lower interest rate is really saving me money. The process was fast and I was approved in minutes.”
More Than Just Numbers on a Spreadsheet
Michael Miller, Senior Vice President of Enterprise Risk Management at Reliant, sees these results as more than just impressive statistics. “By taking the time to understand each member’s situation, we’re able to deliver solutions that have a lasting impact,” he explained. “The dollars our members save through refinancing their auto loans translate into greater flexibility, less financial stress, and more freedom to focus on what matters most in their lives.”
That’s the real story here. Sure, $10 million sounds great in a headline, but what it actually means is nearly two thousand people now have breathing room in their budgets. Maybe that’s money for a family vacation, a home repair that’s been put off, or just the peace of mind that comes with lower monthly bills.
“We don’t measure success by loan volume alone; we measure it by the real financial progress our members make,” Miller added. “These results show just how powerful that approach can be.”
When a credit union can turn what started as a million-dollar goal into $10 million in member savings in just five years, that’s not just growth—it’s proof that putting people first actually works.
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