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Stop wishing and start fishing! We can make it happen with great rates on boat loans!

Wouldn't you rather be on the water?

We offer some of the best rates on boat loans that you'll find in Chesterfield. Unlike most lenders, our boat loan rates are the same as our auto loan rate. There is no surcharge or rate increase. Enjoy smooth sailing with our low rates.

Best of all, you'll enjoy the same great service you've come to expect from Chesterfield Federal Credit Union. Our friendly loan staff can guide you through every step of the process!

Benefits

There's no better place to finance your next boat loan!

** 120 month financing for finance amounts over $45,000.

Protect Yourself

When you finance with Chesterfield Federal Credit Union, you have access to unbeatable savings on a Carfax vehicle history report, Guaranteed Asset Protection (GAP) and Mechanical Repair Coverage (an extended warranty). You can also protect your credit with payment protection in the event of an illness or loss of employment.


  • Debt Protection
  • Vehicle Protection
  • Rates
  • Apply
  • Request Info
  • FAQ
Debt Protection

Play it safe with CFCU Safety Net

Help preserve your standard of living. Whether you're taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because the unexpected can happen at anytime. You’re betting you won’t lose your job (through no fault of your own), or become disabled (due to injury or illness), or pass away, leaving your family responsible for your loan balance. Life events can cause financial hardship, making bill-paying difficult. You don't want delinquent payments and defaulted loans to cause you to lose your assets, negatively impact your credit rating, or cause financial distress for your family.

Protection suited for you

CFCU Safety Net* is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly occurs. And, simple eligibility requirements ease the enrollment process.

Protection that matters

If your loan is protected and a life event happens to you, CFCU Safety Net* will cancel or reduce repayment of your loan debt - helping to lessen worries about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. Protected events include:

  • Loss of life, including those caused by acts of war
  • Disability, including those caused by acts of war
  • Involuntary unemployment

Life Plus adds protection for financially-stressful life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent.

Protection suited for your needs

Because each member has different needs, we offer three different options for protection with CFCU Safety Net:

  • Comprehensive Protects your family in case of loss of life, disability or involuntary unemployment
  • Prepared Protects your family in case of loss of life or disability
  • Thoughtful Protects your family in case of loss of life
Ask your Financial Services Representative about protection with CFCU Safety Net.
* Your purchase of CFCU SafetyNet is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of CFCU SafetyNet.
Vehicle Protection

Protect your vehicle purchase with these optional services

Chesterfield Federal Credit Union offers a variety of add-on products to help you protect your vehicle loan purchase. These products are offered at a tremendous discount from what you might find at the dealership and can be financed into your loan so there are no out-of-pocket expenses.

GAP Insurance

Typically, your vehicle value declines faster than your loan is paid off. If your car is in an accident, you could be responsible for the gap between what you owe and what the insurance company says your car is worth. GAP insurance from Chesterfield Federal Credit Union will cover this difference and provide you with $1000 towards the purchase of a new car when you finance with Chesterfield Federal Credit Union. This superb protection is available for only $349.

Mechanical Repair Coverage

Repair bills can be costly. Protect yourself from unexpected repair bills by purchasing an extended warranty from Chesterfield Federal Credit Union. This coverage can be used at any repair center in the country. Typically, the repair center is paid directly so you don't have to worry about reimbursements. There are no deductibles on any of our plans. Best of all, your coverage is transferable if you sell the car.

Carfax

Don't run the risk of buying used cars with costly hidden problems. Get a detailed vehicle history report from the Carfax nationwide database within seconds. We offer a Carfax report for only $19.99 in our branches, a significant savings when compared with $39.99 online.

Rates
Effective Aug 14, 2018
Vehicle Loans Model Years APR* Term^ Calculator
Car, Boat, RV & Motorcycles1 2017 & newer 2.99% 60 months CalculatorOpens in New Window
Car, Boat, RV & Motorcycles 2017 & newer 3.24% 72 months CalculatorOpens in New Window
Car, Boat, RV & Motorcycles 2017 & newer 3.49% 84 months CalculatorOpens in New Window
Car, Boat, RV & Motorcycles 2011 - 2016 3.49% 60 months CalculatorOpens in New Window
Car, Boat, RV & Motorcycles 2011 - 2016 3.74% 72 months CalculatorOpens in New Window
Car, Boat, RV & Motorcycles 2010 & older 7.49% 60 months CalculatorOpens in New Window
Boats & Recreational Vehicles (RV) 2017 & newer 3.74% 120 months CalculatorOpens in New Window
Boats & Recreational Vehicles (RV) 2011-2016 3.99% 84 months CalculatorOpens in New Window
Boats & Recreational Vehicles (RV) 2011 - 2016 4.24% 120 months CalculatorOpens in New Window
Loan terms & conditions may vary based on amount financed.
* Annual Percentage Rate. Lowest APR available with qualifying credit and automatic payment. A loan floor of 1.74% APR applies. Rate is accurate as of the stated date and may change without notice.
^ As an example, the monthly payment on a loan with 3.24% APR and an 84-month term would be about $13.44 per $1000 financed.

Apply

Applying for a loan online is easy! Just follow these simple steps:

Auto Loans, Personal Loans, Credit Cards

  1. Log in to your Net24 Home Banking account
  2. Select "Apply For A Loan" from the left column navigation menu
  3. Complete the appropriate application
  4. A Financial Services Representative will contact you within one business day with more information.

Home Equity Loans & Lines of Credit

  1. Complete a Request for Information and select Home Equity Loans and Lines
  2. A Financial Services Representative will contact you within one business day with more information.

First Mortgages

  1. Complete an Mortgage ApplicationOpens in New Window through our dedicated mortgage loan site.
  2. A Financial Services Representative will contact you to get more information about your mortgage needs.
Request Info
 
FAQ
Make your dream a reality. Buy your boat and finance with Chesterfield Federal Credit Union!