Boat Loans

DCU's low rates make it easy to purchase a new or used boat. Qualified borrowers can finance up to 120% of the purchase price – enough to cover sales tax, Insurance Premiums, and more. You can finance your boat trailer and an outboard motor along with your boat if you like. Have an existing loan elsewhere? Move it here and save.

Boats longer than 25 feet may require additional documentation to complete your loan. A DCU representative will let you know what's needed after you apply.

Check out the StreetWise Boat Guide for unbiased information on buying and owning an RV.

Same Low Rates on New and Used / Best Rates with Loyalty Checking Plus

Extended Terms Keep Payments Affordable / You May Already Be Approved

Approvals Are Like Shopping with Cash / How to Apply / Payment Protection / Need Help With Insurance

Same Low Rates on New and Used

Our rates are typically beat bank and dealer financing on new boats, but we're often substantially lower on used. Why? They charge you more because the boat is older. We don't. You get the same low rate you'd get on a new one. Look at current rates. Your base rate is determined by your personal credit history.

Boats with a bathroom, kitchen and sleeping area might qualify for a 20-year variable-rate loan.

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Best Rates with Loyalty Checking Plus and Electronic Payment

When you have a Loyalty Checking Plus relationship and pay electronically for the full term of your loan, your loan rate will be 1/2% below those of other payment methods.

Electronic payment methods include automatic transfer, PC Branch, or Easy Touch Telephone Teller.

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Extended Terms and Many Options Keep Payments Affordable

Terms are available up to 20 years.

Fixed-Rate option - For New or Used Boats with fixed rates and payments throughout the life of the loan. Available for up to 120 months
Variable-Rate option - For New or Used Boats with bathroom, kitchen, and sleeping areas. Available for 15 years or 20 years. Rates and payments are fixed for the first three years, then can change once a year thereafter until the end of the term.

To see for yourself, get rate examples from our rates page and use our loan calculators to compare possible payments.

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You May Already Be Approved

Log on to PC Branch from the home page. All you need is your Membership Number and password. Look for a banner near the upper right corner of your Account Balances screen. If you are approved, click on the banner to find out more. You can even accept the offer online.

You can also call the Information Center at 508.263.6700 or 800.328.8797 to find out the minimum you may be approved for. Need more? Just ask.

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Shopping With An Approval Is Like Shopping With Cash

Whey you go into a dealership with an approved loan, it's like shopping with cash. You don't need to haggle over financing and you're free to negotiate on price alone. You can take advantage of any cash rebates to lower the amount you borrow. That can cut your monthly payments. Your approval is valid for 60 days giving you plenty of time to find the vehicle you want and strike a deal.

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How to Apply

Apply on line or or by phone 24 hours a day. Most members get an answer while still online. You can apply at any DCU branch location. You can also print out a Vehicle Loan Application and fax it to the Consumer Loan Department at 508.263.6392.

If you have any questions, please speak with a Customer Service Representative at your nearest DCU branch or call our Information Center at 508.263.6700 or 800.328.8797, weekdays from 8:00 am to 11:00 pm and Saturdays from 9:00 am to 3:00 pm, Eastern time.

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Payment Protection

Ease your loan payments, protect your family, and safeguard your credit rating. Payment Protection offered by Digital Federal Credit Union helps relieve the financial stress and worry related to making loan payments when your life takes an unexpected turn. To learn more about how Payment Protection works, select here.

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Need insurance on your vehicle?

DCU Insurance offers insurance with the personal service you deserve. So whether you have boat or you're buying one, please give us an opportunity to provide you an insurance quote.

Remember that any insurance required as a condition of the extension of credit by the credit union need not be purchased from DCU Financial Insurance Services but may, without effecting the approval of the application for credit, be purchased from an agent or insurance company of the member's choice. Insurance products are not deposits of Digital Federal Credit Union (DCU) and are not protected by the NCUA. They are not an obligation of or guaranteed by the credit union and may be subject to risk. Insurance is offered by DCU Financial Insurance Services, LLC, a subsidiary of DCU Financial. Business conducted with DCU Financial Insurance Services, LLC is separate and distinct from any business conducted with the credit union. Any questions or concerns regarding this relationship may be addressed to the Office of Consumer Affairs.

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Digital Federal Credit Union
220 Donald Lynch Boulevard
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797