Enjoy Michigan's fresh water with a boat loan from Wanigas. Whether you need financing for a new or used boat, or you want to refinance your current boat to save money, you'll get the boat financing you need at Wanigas.
Boat Loan Promotions:
1% Cash Back Promotion:
Receive up to $500* cash back when you finance your Boat with Wanigas Credit Union.
*Not valid on refinancing of current Wanigas loans. Minimum loan amount $5,000. Collateral must be a 2015 or newer model year vehicle, boat, or recreational vehicle. Receive 1% cash back of financed amount. Maximum cash back amount is $500. The cash back amount will be deposited into your member savings account and is subject to all applicable taxes. Offer cannot be combined with any other promotional offers. Offer valid May 1, 2021 through August 31, 2021.
Easy Online Application With a Bonus:
Receive a $25 Deposit** Today!
Apply for a Wanigas Boat loan online or through our mobile banking app, and we’ll deposit $25** into your Wanigas primary savings account, just to thank you for your application! Applying online or through mobile banking is quick, secure, and easy – and you can receive our $25 thank-you deposit**!
*Loans currently financed with Wanigas CU are not eligible for this offer. Consumer loan application must be submitted online, approved, and closed online to qualify. Mortgage loan application must be submitted online, approve and loan closed to qualify. Offer does not include line-of-credit loan types. Offer valid through August 31, 2021.
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Stay Afloat with Competitive New and Used Boat Loan Rates
Are you ready to make some waves? Wanigas provides flexible financing to purchase or refinance new or used boats.
|Term||APR*||Monthly Payment per $1,000.|
|Up to 36 months||as low as 2.49%*||$28.86|
|37 months to 48 months||as low as 2.49%*||$21.92|
|49 months to 60 months||as low as 2.99%*||$17.97|
|61 months to 72 months||as low as 2.99%*||$15.20|
|73 months to 84 months||as low as 3.49%*||$13.44|
|*APR = Annual Percentage rate. Rates listed represent our best rate and are subject to credit approval. Normal loan guidelines apply.|
Get Extra Protection and Peace of Mind with Loan Shield
Loan Shield* is a voluntary loan-payment protection product that is designed to help you get relief from loan payments if one of the following protected life events happens to you:
- loss of life
- accidental dismemberment
- terminal illness
- family medical leave
- loss of life of a non-protected dependent
- involuntary unemployment
If a protected life event happens to you (and you're a protected borrower or co-borrower on the loan), Loan Shield could cancel or waive your loan payments up to contract maximums. Help lessen your worries, and your family's worries, about paying loans during a time your income could be reduced or lost and paying other household bills could become challenging. Talk to us today about protecting your loan payments. Simple eligibility requirements may help ease the election process.
*Your purchase of Loan Shield is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirement, conditions and exclusions apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Loan Shield. You may cancel the protection at any time. If you cancel the protection within 30 days you will receive a full refund of any fee paid.
Boat Loan FAQs
When you apply, we'll look at your credit score, income, payment history, other debt you have, the boat you want to buy, and how much you want to borrow. All of these things help us decide on loan approval.
We offer terms as short as 36 months and as long as 84 months, with several options in between.
You can apply for a boat loan online or over the phone at (800) 675-2285 ext. 785. You can also apply in person at any of our three Saginaw locations or our Bay City location. Be sure to have all the necessary information ready before calling or coming into apply. That will help us process your application faster.
More Questions? For more information call (800) 675-2285 ext. 785.
See what our loyal members have to say about us!
"I have been a member of Wanigas Credit Union for over 20 years. They definitely treat you like a member of the family. I remember when my grandmother fell ill, they still allowed me to deposit her checks for her when she was too sickly to come in on her own. I have gotten the best interest rates on all of my vehicles financed thru Wanigas and would never use a bank."
“The customer service has always been excellent in every branch I have done business in. Even on the busiest days, the tellers will always treat me with respect and attention to my business. The car loan department has been excellent in working with me to finalize my car loan and set reasonable terms for the payment plan. They have been above and beyond cordial and helpful throughout the entire process.”
- Michael J.
Ready to Apply for a Boat Loan?
Let us help you make a splash with your boat loan. For more information call (800) 675-2285 ext. 785.Go to main navigation