First-Time Homebuyers

Our new program features a 3% down payment and no closing costs!* Learn more

Family surrounded by moving boxes

Woman on a bike looking at the ocean

Bicycle Loans
Purchase New and Used Bikes,
Including eBikes!

Cruise around town on a new or used bicycle or eBike! Bicycles are great for exercise, running errands, and reducing your carbon footprint. We can help you get the bike of your dreams, whether it be a mountain bike for traversing the redwood forests, a cruiser for trips to the beach, or an eBike to really travel in style. 

  • Loan amounts from $500 to $7500*
  • Finance 100% of the purchase price, with an additional 10% financing available for accessories*

Apply Now

There are two ways to apply for a bicycle loan:

Option One:

  • Apply for the bicycle prior to purchase and receive a pre-approval.
  • Once pre-approved, bring in an itemized invoice from any retailer.
  • Loan will be funded by a Cashier’s check payable to the retailer.

Option Two:

  • Purchase a bicycle and accessories from any retailer.
  • Bring in an itemized receipt within 30 days of the purchase.
  • Borrower will be reimbursed up to 110% of the purchase price.
  • Loan will be funded by a disbursement to their account.

*Payment Example: Make 36 monthly payments of $30.42 per $1,000 borrowed at 5.99%, Annual Percentage Rate. 5.99% APR based on approval of credit with credit score of 700+ or 6.99% APR on credit score of 600-699. Rates accurate as of July 30, 2021. Approval is based on your credit history and credit qualifications. Minimum loan amount is $500; maximum $7500. Purchase is available on new, used, and electric bicycles. Financing up to 100% from licensed bicycle retailer. Up to10% of the bicycle purchase price allowed for accessory add-ons. Maximum loan term of 60 months on loan amounts over $5,000. For complete information, visit or any Bay Federal Credit Union branch. Total purchase price, including accessories, cannot exceed 110% of the retail price of the bicycle. Rates and terms are subject to change without notice.

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