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Boat Loan

Set sail for adventure

Purchase or refinance with competitive rates and flexible terms to make waves without breaking your budget.1

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Competitive rates

Our great rates make monthly payments more affordable.

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Flexible terms

Enjoy flexibility with terms up to 120 months.2

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Up to 100% financing

Launch your purchase with up to 100% financing.

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Automatic payments

Never forget a payment and get a .25% rate discount with autopay.3

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GAP protection

Total your boat? Cover the difference between what you owe and its current value.4

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Loan protection

Protect your investment from the unexpected, with loan protection services.5

Today's rates

View more rates

60 months

As low as % APR6

Calculate your monthly payment7

Monthly Payment

Amount
$
Rate
%
Months
Competitive Rates

Keep your budget afloat

Great rates are just the beginning! Enroll in autopay with a Members account for a 0.25% rate discount.

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Flexible Terms

Flexible monthly payments

Whether you want a lower monthly payment or to pay off your loan sooner, with term options up to 120 months you set the course.

Areial view of a boat in the ocean

Best place to bank at. The staff is super nice and actually helped save us money.

— Google Review

How it works

It's easy to get boat loan with us.

  • 1

    Complete an application

    Fill out an application online, over the phone, or through Video Banking.

  • 2

    Get approved

    We'll crunch the numbers and let you know if you're approved.

  • 3

    Buy a boat

    Use your loan funds to purchase your wonderful watercraft.

Apply now

Have questions? We're here to help!

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Schedule an appointment

 

Schedule now

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Meet virtually

 

Video Banking

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Give us a call

 

Call 218-625-8800

It’s time to set sail

 

Don’t let another summer go by without making some waves. Our low rates and flexible terms help put boat ownership within reach.

 

Apply now

 

Disclosures

1 Boats generally include motorized boat packages for pontoons, ski/wakeboards and electronic boats.
2 Example terms of repayment: 120-month loan at 7.74% APR and a loan to value of 100% would result in monthly payments at $12.00 per $1,000 borrowed.
3 Rates listed are the lowest possible rates and require automatic payments (without auto pay the APR will be 0.25% higher).
4 GAP is provided by Allied Solutions LLC and is subject to their eligibility requirements, terms and conditions.
5 Debt protection is provided by Allied Solutions LLC and is subject to their eligibility requirements, terms and conditions.
6 APR is the Annual Percentage Rate. The stated APR is effective as of May 26, 2024. Rates listed are the lowest possible rates and require automatic payments (without auto pay the APR will be 0.25% higher). Rates may be higher based on a number of factors such as credit history, loan to value, collateral, term length, etc. Rates, terms and conditions may change at any time.
7 The calculator is provided for informational purposes only and any calculation is solely an estimate based on the information you provide. Contact Members Cooperative Credit Union at 1-800-296-8871 for more information.
Membership and loan approval required.
Use of online or other electronic services may require specific hardware and software and your agreement to certain terms and conditions. Access is subject to the availability of the internet, cellphone and network coverage and plans, and typical service interruptions stemming from your providers or the credit union’s providers.

Video Banking

Memorial Day Holiday Closure All offices will be closed on Monday, May 27, in observance of Memorial Day. ATMs, mobile services, and online banking are available 24/7! View all our holiday closures.