Recreational Loan Rates

Rates Effective as of: July 20, 2023

Loan TypeTermAnnual Percentage Rate
New Recreational Collateral
72 Months 5.50% to 9.50%
120 Months (5 Year Balloon) 6.50% to 10.50%
Used Recreational Collateral
72 Months6.50% to 10.50%
120 Months (5 Year Balloon)7.50% to 11.50%

Only Travel Trailers, Campers, Motorcycles, Boats, Tractors, and Classic Vehicles with a loan amount $12,000.00 and over qualify for terms over 72 months.

A 5 Year balloon will apply for all financing terms over 72 months. Please contact the Credit Union for non-balloon options.

APR=Annual Percentage Rate. APR is based on the term of loan, credit score, collateral, and loan to value. Lowest rate shown is offered to applicants with excellent credit scores. New money only. Rates are subject to change at any time. Lowest rate may be a promotional rate. Rate discount does not apply to promotional rates. Same-day loan approval on most recreational loan applications. Contact a Member Service Representative for more details. Payment Example: $25,000 at 3.49% APR for 72 months equals $454.70.

Recreational Loan Rate Discount

An additional 0.25% rate discount is applied when a member has an active checking account with 5 or more monthly debit transactions, direct deposit of payroll, and automatic transfer for monthly loan payments. The rate discount does not apply to promotional rates.

Applying is Simple and Easy:  In person, fax, or Online Banking. If you already have a loan with us, just call 906-632-4210 and one of our loan officers will be happy to assist you over the phone.