WHEREVER THE WEEKEND TAKES YOU.
WE'LL HELP WITH YOUR NEXT ADVENTURE.
Motorcycles. Recreational Vehicles. Side-by-sides. ATVs, travel trailers, dirt bikes, boats,
and everything built for the wide-open spaces New Mexico does best.
When adventure calls, State ECU is your local lender ready to answer.
From the dunes at Chaco to the trails above Santa Fe, and Elephant Butte Lake, the best days start when the pavement ends. A State ECU Recreational Loan puts the toys that get you there within reach — financed by a credit union that answers to its members, not shareholders.
Because we’re local, decisions are made here in New Mexico by people who understand what you’re buying and why it matters. That means faster answers, friendlier terms, and a rate that leaves more room in the budget for fuel and firewood.
What we finance
New or used, financing a first ride or upgrading the whole rig — we’ll tailor a loan to fit it.
- Motorcycles and dirt bikes
- RVs, motorhomes, fifth-wheels, and travel trailers
- UTVs, ATVs and side-by-sides
- Boats, personal watercraft, and jet skis
- Snowmobiles and other power sport vehicles
- Travel and Utility Trailers
*Advertised rates and terms apply to qualifying units. Some vehicle types — including UTVs / side-by-sides, off-road motorcycles, ATVs, and dirt bikes — may be subject to different rate, term, or model-year eligibility. Ask us for details on your specific vehicle.
Financing with State ECU
- 45 days no payment1
- Competitive rates as low as 7.74% APR on qualifying power sport loans.
- Financing up to 130% for room to roll in tax, title, tags, and accessories.
- Terms up to 180 months on qualifying RVs — keeping payments manageable.
- Local decisions, made in New Mexico by people you can actually reach.
- Financing for new and used models alike, across a wide range of years.
- A quick, secure online application — apply from the trailhead or the couch.
- No prepayment penalties — pay it off early and save on interest.
Recreational & Power Sport Loan Rates
Rates accurate as of January 29, 2026. APR = Annual Percentage Rate. Rates shown are for the 760+ credit tier; your rate may vary by credit tier, model year, and amount financed.
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1) The first month’s payment may reflect a smaller or zero principal reduction due to the number of days of interest accrued from the closing date to the first payment date. On approved credit, rates, terms, and eligibility are based on creditworthiness and other qualifications. Visit www.secunm.org for more details. Expires December 31, 2026
How it works
- Apply online in minutes through our secure application.
- Get a local decision from a lender who knows New Mexico.
- Hit the road — or the trail, or the water — with financing that fits.
Do I need to be a Member to apply?
Membership is what makes the rates possible — and joining is easy. If you’re not yet a member, you can become one as part of the loan process. Anyone who lives, works, worships, or attends school in New Mexico is eligible to join.
What can I use a recreational loan for?
Anything built for fun and the outdoors: RVs, travel trailers, ATVs, side-by-sides, motorcycles, dirt bikes, boats, personal watercraft, snowmobiles, and more — new or used.
How long can I finance for?
Terms range up to 180 months on qualifying RVs and up to 84 months on qualifying motorcycles, boats, and other power sport vehicles. We also finance up to 130% — leaving room for tax, title, tags, and accessories. Your exact term and amount depend on the type, age, and cost of what you’re buying.
Can I finance a used vehicle?
Absolutely. We finance used RVs, trailers, motorcycles, boats, and power sport vehicles across a wide range of model years — see the rate table above for current terms.
Is there a penalty for paying off early?
No. There are no prepayment penalties — pay ahead whenever you like and save on interest.
Advantage+ Money Market
| BALANCE | RATE | APY | BONUS RATE4 |
| $100,000 minimum balance | 2.45% | 2.50% | 3.00% |
4Advantage+ Money Market Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
| AUTO LOANS | TERM | INTEREST RATE APR (AS LOW AS) |
|---|---|---|
| New Vehicle (2023 - 2027) | 66 Month | 5.39% |
| New Vehicle (Cost over $15,000) | 75 Month | 5.49% |
| New Vehicle (Cost over $25,000) | 84 Month | 6.29% |
| Used Vehicle Max Mileage 65K (2019-2022) | 84 month | 6.43% |
| Used Vehicle (2018 and older) | 75 Month | 6.63% |
Must add 1% to vehicles >100k miles
Must use J.D. Power retail on new 2023 models
*Floor rate of 4.50% APR (Annual Percentage Rate), max term 84 months. Interest APR (Annual Percentage Rate) is listed “as low as.” Rates are subject to change without notice. Approval subject to creditworthiness.
| AUTO LOANS | TERM | INTEREST RATE APR (AS LOW AS) |
|---|---|---|
| New Vehicle (2019 - 2022) |
66 Month | 2.69% |
| New Vehicle (Cost over $15,000) | 75 Month | 2.99% |
| New Vehicle (Cost over $25,000) |
84 Month | 3.09% |
| Used Vehicle (2015 - 2018) |
72 Month | 3.24% |
| Used Vehicle (2014 and older) |
60 Month | 3.74% |
Must add 1% to vehicles >100k miles
Must use J.D. Power retail on new 2019 models
Business Money Manager
| BALANCE | RATE | APY |
| $0 - $9,999.99 | 0.10% | 0.10% |
| $10,000 - $49,999.99 | 0.20% | 0.20% |
| $50,000 - $249,999.99 | 0.30% | 0.30% |
| $250,000 - $499,999.99 | 0.35% | 0.35% |
| $500,000 and above | 0.45% | 0.45% |
Business Money Market
| BALANCE | RATE | APY |
| $0 - $9,999.99 | 0.15% | 0.15% |
| $10,000 - $49,999.99 | 1.75% | 1.75% |
| $50,000 - $249,999.99 | 2.00% | 2.00% |
| $250,000 - $499,999.99 | 2.25% | 2.25% |
| $500,000 and above | 2.50% | 2.50% |
Credit Cards
| CREDIT CARDS | TERM | APR |
|---|---|---|
| Visa Platinum | Non-variable Rate | 7.50% |
| Visa Gold | Non-variable Rate | 9.25% |
| Visa Classic | Non-variable Rate | 12.50% |
First Mortgage Loans
| TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
|---|---|---|---|
| 30 year (fixed) | 80% loan to value | Call for rate 800.983.7328 | |
| 30 year with 10 year call | 85% loan to value | Call for rate 800.983.7328 | |
| 15 year (fixed) | 80% loan to value | 6.669% | 6.50% |
^APR is based on $100,000 loan amount and a Loan Origination Fee of 1% plus a $50 Doc Prep Fee and $19 Flood Certification Fee. Minimum loan amount $10,000. 0.10% rate reduction on all Mortgage Loans with an existing State Employees Checking Account with State ECU. 0.15% rate reduction when signed up for Automatic Debit of payments. Rate and APR includes auto debit and State ECU checking account discounts. Rates start at listed percentages. Rates are subject to change without notice. Equal Housing Opportunity Lender. OAC
Home Equity Line of Credit
| TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
|---|---|---|---|
| 30 year (10 year draw) | 80% combined loan to value | 6.76% | 6.75% variable rate |
Floor rate of 6.00%. Document preparation fee of $200.00. Minimum loan amount $10,000.00 Interest only payment.
NMLS# 402473. Equal Opportunity Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Available for primary and second single-family homes. 10-year draw with interest-only payments, followed by up-to 20-year repayment period. You can borrow up-to 90% of your home’s maximum loan to Value (LTV), with a maximum loan amount of $250,000. Rates subject to change after loan is funded.
Individual Retirement Accounts
| TYPE | RATE | APY | MINIMUM BALANCE |
| Traditional | 0.40% | 0.40% | $0 |
| Roth | 0.40% | 0.40% | $0 |
Kasasa Cash*
| BALANCE | RATE | APY |
| Balances up to $50,000 | 1.53% | 1.55% |
| Balances over $50,000 | 0.30% | 1.55% to 0.72% |
| All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
To earn your rewards, just do the following transactions and activities in your Kasasa Cash® account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your account is still free. You’ll also still earn our base dividend rate — and you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Cash*
| BALANCE | RATE | APY |
| Balances up to $50,000 | 1.10% | 1.10% |
| Balances over $50,000 | 0.30% | 1.10% to 0.57% |
| All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
To earn your rewards, just do the following transactions and activities in your Kasasa Cash® account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your account is still free. You’ll also still earn our base dividend rate — and you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Saver*
| BALANCE | RATE | APY |
| Balances up to $50,000 | 0.60% | 0.60% |
| Balances over $50,000 | 0.30% | 0.60% to 0.40% |
| All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
Qualifying for your Kasasa Cash® or Kasasa Cash Back® rewards automatically qualifies you for the highest Kasasa Saver® rate too. To earn your rewards just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your Kasasa accounts are still free. You’ll also earn our base dividend rate on Kasasa Saver — and you can get right back to earning your full rewards the very next cycle that you qualify.
Money Manager
| BALANCE | RATE | APY |
| $1,000 - $9,999 | 0.10% | 0.10% |
| $10,000 - $24,999 | 0.15% | 0.15% |
| $25,000 - $49,999 | 0.20% | 0.20% |
| Over $50,000 | 0.30% | 0.30% |
Money Market
| BALANCE | RATE | APY |
| $0 - $9,999 | 0.15% | 0.15% |
| $10,000 - $49,999 | 1.75% | 1.75% |
| $50,000 - $249,999 | 2.00% | 2.00% |
| $250,000 and above | 2.25% | 2.25% |
Motorcycle and Power Sport Loans
| MOTORCYCLE & POWER SPORT LOANS | MAX TERM | APR (AS LOW AS) |
|---|---|---|
| New Motorcycles & Dirt Bikes (2025 - 2027) | 84 Month | 6.99% |
| Used Motorcycles & Dirt Bikes (2002 - 2024) | 84 Month | 7.13% |
| New Power Sports: ATVs, UTVs, Boats, Personal Watercrafts, Snowmobiles (2025-2027) | 84 Month | 6.99% |
| Used Power Sports: ATVs, UTVs, Boats, Personal Watercrafts, Snowmobiles (2016-2024) | 72 Month | 7.59% |
| RV, TRAILER & UTILITY TRAILER LOANS | MAX TERM | APR (AS LOW AS) |
| New RV/Travel and Utility Trailer Loans (2025 - 2027) (Cost over $40,000) | 180 Month | 8.49% |
| Used RV/Travel and Utility Trailer Loans (2016 - 2024) | 144 Month | 8.99% |
Interest APR (Annual Percentage Rate) is listed “as low as.” Rates are subject to change without notice. Approval subject to creditworthiness. Rates shown are for illustration and should be confirmed against the current published rate sheet prior to publishing.
Savings Accounts
| ACCOUNT | RATE | APY | BALANCE REQUIRED | MINIMUM BALANCE TO EARN DIVIDENDS |
| Member Savings | 0.15% | 0.15% | $5 | $300 |
| Special Savings | 0.15% | 0.15% | $0 | $300 |
| Club Accounts | 0.15% | 0.15% | $0 | $300 |
| Uniform Gift to Minor Account | 0.15% | 0.15% | $0 | $300 |
| Certificate Builder | 0.30% | 0.30% | $25 | $25 |
Second Mortgage Loans
| TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
|---|---|---|---|
| 20 year - 10 year call | 80% combined loan to value | 8.032%** | 7.88% |
| 10 year - fixed | 90% combined loan to value | 7.637%** | 7.38% |
| 10 year - fixed | 80% combined loan to value | 7.386%** | 7.13% |
** APR based on $50,000 and a Loan Origination Fee of 1%, plus a $50 Doc Prep Fee and $19 Flood Certification Fee. 0.10% rate reduction on all Mortgage Loans with an existing State Employees Checking Account with State ECU. 0.15% rate reduction when signed up for Automatic Debt of payments. Rate and APR includes auto debit and State ECU checking account discounts. Rates start at listed percentages. Rates are subject to change without notice. Equal Housing Opportunity Lender. OAC
Secured Loans
| OTHER SECURED LOANS | TERM | APR (AS LOW AS) |
|---|---|---|
| Share Secured | 60 Month | 2.00% over Account |
| Certificate Secured | Maturity Date of CD | 2.00% over Certificate Rate |
Share Certificates
| TERM | MINIMUM BALANCE | RATE | APY | BONUS RATE4 | EARLY WITHDRAWAL PENALTY |
| 6 Month | $1,000 | 4.426% | 4.50% | 5.00% | 90 Days Interest |
| 12 Month | $500 | 3.21% | 3.25% | 3.75% | 90 Days Interest |
| 24 Month1 | $1,000 | 2.72% | 2.75% | 3.25% | 180 Days Interest |
| 36 Month1 | $1,000 | 2.87% | 2.90% | 3.40% | 180 Days Interest |
| 48 Month2 | $1,000 | 2.97% | 3.00% | 3.50% | 270 Days Interest |
| 60 Month2 | $1,000 | 3.06% | 3.10% | 3.60% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
4Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Share Certificates
| TERM | MINIMUM BALANCE | RATE | APY | EARLY WITHDRAWAL PENALTY |
| 6 Month | $1,000 | 1.50% | 1.51% | 90 Days Interest |
| 7 Month | $1,000 | 3.00% | 3.03% | 90 Days Interest |
| 12 Month | $500 | 1.65% | 1.66% | 90 Days Interest |
| 15 Month | $1,000 | 2.00% | 2.02% | 90 Days Interest |
| 24 Month1 | $1,000 | 2.10% | 2.12% | 180 Days Interest |
| 36 Month1 | $1,000 | 2.20% | 2.22% | 180 Days Interest |
| 48 Month2 | $1,000 | 2.30% | 2.32% | 270 Days Interest |
| 60 Month2 | $1,000 | 2.40% | 2.42% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Share Certificates
| TERM | MINIMUM BALANCE | RATE | APY | BONUS RATE4 | EARLY WITHDRAWAL PENALTY |
| 6 Month | $1,000 | 3.10% | 3.14% | 3.60% | 90 Days Interest |
| 12 Month | $500 | 3.05% | 3.08% | 3.55% | 90 Days Interest |
| 24 Month1 | $1,000 | 2.72% | 2.75% | 3.25% | 180 Days Interest |
| 36 Month1 | $1,000 | 2.55% | 2.57% | 3.07% | 180 Days Interest |
| 48 Month2 | $1,000 | 2.35% | 2.37% | 2.87% | 270 Days Interest |
| 60 Month2 | $1,000 | 2.57% | 2.60% | 3.10% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
4Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Unsecured Loans
| UNSECURED LOANS | TERM | APR |
|---|---|---|
| Signature Loans | 36 Month | 10.74% |
| Line of Credit | Revolving | 10.74% |