Loans & Applications

Colfax Power Plant offers members very affordable rates on Auto and Personal Loans. As with all loans, the APR (Annual Percentage Rate) is subject to change without notice.*

Please call the Colfax Power Plant office at 724-274-6666 for the very latest information.

Auto Loans

  • Download the Auto Loan Application Here.
  • New Vehicles:  Call the office at 724-274- for updated rates. 72 months if over $15,000.00.
  • New Vehicles: Call the office for updated rates. Up up to 60 months for vehicles that are less than $15,000.00
  • Used vehicles: All Model Years -Call the office for updated rates. Can also be financed for up to 72 months if over $15,000.
  • 60 months if $15,000 or less.

GAP Insurance – GAP Insurance is available as a member pay option.
What it is: If your car is totaled or stolen, gap insurance covers the difference between what your auto is worth (based on current market value) and up to 125% of the amount you still owe on your loan.

Personal Loans

  • Download the Personal Loan Application Here.
  • Personal: 9.75%- $7,500.00 for 60 months.
  • Maximum of one (1) per member.
  • Special: 9.00% – $3,000.00 for 36 months. Maximum of three (3) per member.
  • Promotional: 6.50% – $5,000.00 for 48 months.
  • Maximum of one (1) per member
  • Open-End Line of Credit Loans: 11% APR*.


  • Full 100% Share Secured Loans – 1.50% APR*. Maximum Term: 120 months.
  • The maximum unsecured loan amounts to each member will be limited to $25,000.00.
  • The maximum of all loans to each member (including all co-signed loans), secured and unsecured will be limited to $80,000.00.
  • Multiple Loans to those that qualify.  You must have $200.00 in Shares for each loan.
  • Loan protection insurance is available as a Member Pay Option.
  • Credit Disability Insurance is available as a Member Pay Option.