Benefits include:

  • Buy or refinance
  • Low loan rates
  • 6 month or 15 year terms
  • Fast funding
  • Boat insurance available

Click here to submit or verify what insurance is needed for your new boat loan from GLCU.

ATTENTION: GLCU Members with Vehicle Loans (Auto, Boat, RV, Truck)
Please contact your vehicle's insurance agent to update your vehicle's insurance policy to include GLCU's NEW lienholder address:

Great Lakes Credit Union
PO Box 2238
Sioux City, IA 51104

We do not currently offer ATV, dirt bikes, side-by-sides (SxS), or jet ski financing.

Boat Loan Rates

Effective Date: Friday, March 29, 2024

Boat Loan Rates

BOAT TYPETerm in MonthsAPR* as low as

New Boat & Previous Model Year (2023-Newer)

60 or Less8.74%
61 - 849.24%
85 - 1209.74%
121 - 18010.24%
Used Boat (2019-2022)60 or Less9.24%
61 - 849.74%
85 - 12010.24%
121 - 18010.74%

*APR= Annual Percentage Rate. Actual rate based on credit history, income, vehicle model year, mileage, and other factors. Boat Loans Available in IL, WI and IN only. Max Boat Size 26 Feet.

Rates include discount of 0.25% APR* when you set up an automatic payment to pay your loan each month.

These rates are subject to change at any time.