Embark on an Adventure with a boat or recreational vehicle loan from GreenState
Get driver-friendly financing from our fast, efficient team
Flexible terms from 12 to 180 months
Easy payment options through Online Banking
Unmatched customer service from local representatives
Consistently ranked in the top 5% of all banks and credit unions nationwide for returning profits with better rates on loans and deposits.
Source: Callahan and Associates Return of Member ranking.
Protect Your Investment
Guaranteed Asset Protection (GAP) Insurance
If your vehicle is stolen or damaged beyond repair, there's a good chance the insurance payout won't cover your remaining loan balance.
GAP Insurance covers that monetary gap.
This can help you avoid unexpected expenses and protect your credit rating.
PayBreak Debt Protection
PayBreak Debt Protection2 can cover some or all loan payments if you experience certain life events.
Those events can include loss of life, disability, or involuntary unemployment.
The low-cost protection can prevent loan delinquency or default or repossession of your vehicle.
For more information, call (800)-397-3790.
Get flexible financing with a loan from GreenState Credit Union. Apply online, reach out to a lender in your area, or visit a branch today.
Frequently Asked Questions
You can make payments from a GreenState checking or savings account in Online Banking by making an internal transfer to the loan.
You can make payments with a non-GreenState debit card or bank account in our Online Payment Center.
You can make payments in person at any GreenState branch, or by calling (800) 397-3790 to discuss other payment options.
Borrowers must provide proof of insurance that shows the following items:
- Lienholder / Loss Payee: GreenState Credit Union, P.O. Box 2248, Sioux City IA 51104
- Must have Comprehensive and Collision coverage on vehicle with a deductible less than or equal to $1000.
- Vehicle listed on policy must match vehicle on loan document.
- Policy number, period, and company name must be listed.
- No excluded drivers can be listed.
Your vehicle's title is held by GreenState until your loan is paid in full. Once a final payoff amount is received title processing takes between 2-3 weeks.
The maximum loan amount is $150,000 for 180 months with an 80% Loan-to-Value (LTV) ratio. (Some exceptions may be granted.)
- Eligible RVs: Motor homes, pop-up campers, fifth-wheel campers, horse trailers with living quarters
- Ineligible RVs: Park models, destination trailers, rental units, full-timers, horse trailers without living quarters
- Eligible boats: Speedboats, pontoon boats, fishing boats
- Ineligible boats: Houseboats
Please contact us at (800) 475-6728 if you have questions about whether your vehicle is eligible.
Use our handy financial calculators to analyze all aspects of borrowing
The Annual Percentage Rate (APR) you receive will be based upon credit scoring criteria, term, loan to value ratio, and collateral. Simple interest used to calculate payment. For example, 60 monthly payments of $19.89 per $1,000 borrowed at 7.19% APR. Terms up to 180 months available. Maximum loan amounts apply. Proof of insurance required. No houseboats, park models, destination trailers, rental units, full-timers, horse trailers w/out living quarters, Lemon Law buybacks, brokered units, or hail-damaged units. All loans are subject to approval. Please contact GreenState for additional details.
Your purchase of PayBreak 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 PayBreak.