Credit-union bike loans in Vermont
If you’ve read about Vermont’s VSECU “VGreen” e-bike loan, here’s the update: VSECU merged with NEFCU and is now EastRise Credit Union. Its Energy Improvement Loan (6.50–9.00% APR, up to $60,000) lists regular bicycles — but not e-bikes — as an eligible use; e-bikes appear only in a separate consultation section. To finance an e-bike specifically, Clean Energy Credit Union (from 8.24%, all states) names e-bikes in its loan terms, where EastRise’s loan doesn’t.
Verified Jun 2, 2026 EastRise Credit Union page ↗
Vermont lenders we can verify
Local lenders plus the national ones anyone can join. Sort by rate or loan size.
Rates come from each lender’s own page — these are directory listings, not affiliate links. Regional lenders need you to live or work in their area.
| Loan type | From | ||||||
|---|---|---|---|---|---|---|---|
| Open to anyonePenFed Credit Union | Personal loan (bike-eligible) | Nationwide | From 6.09% (with autopay) | Up to $50,000 | Up to 60 mo | ✓ | Their loan page |
| Bicycles, not e-bikesEastRise Credit Union | Bicycle loan | Vermont | 6.50–9.00% | $300–$60,000 | Up to 240 mo | — | Their loan page |
| First Tech Federal Credit Union | Personal loan (bike-eligible) | Nationwide | 6.99–18.00% | $500–$50,000 | 6–84 mo | ✓ | Their loan page |
| Open to all 50 statesClean Energy Credit Union | Dedicated e-bike loan | Nationwide (online) | From 8.24% (with autopay) | $500–$15,000 | 36–84 mo | ✓ | Their loan page |
| Alliant Credit Union | Personal loan (bike-eligible) | Nationwide | From 8.74% (with autopay) | $1,000–$100,000 | 12–60 mo | ✓ | Their loan page |
| Connexus Credit Union | Personal loan (bike-eligible) | Nationwide | 9.49–18.49% | $1,000–$50,000 | 24–84 mo | ✓ | Their loan page |
“As low as” rates assume strong credit, usually with autopay — yours may be higher. “Personal loan” rows are general loans you can spend on a bike, not bike-specific products. Confirm eligibility and terms on the lender’s page before applying. Last checked 2 June 2026.
Vermont has no statewide e-bike loan aimed at e-bikes by name. Its utilities run generous e-bike rebates, though — Burlington Electric and Green Mountain Power — and a rebate cuts what you’d need to borrow, so check those first.
Borrow less, pay less. A rebate shrinks the loan.
A credit union sets the rate; a rebate sets the amount. Claim any Vermont e-bike rebate you qualify for first, then finance what’s left — you’ll pay interest on a smaller number, sometimes small enough that you barely need a loan at all.
What Vermont riders ask
Is the VSECU VGreen e-bike loan still available?
Not under that name. VSECU merged with New England Federal Credit Union and rebranded as EastRise. The successor product — the Energy Improvement Loan — lists regular bicycles as eligible but does not name e-bikes in its loan terms, so we don’t treat it as an e-bike loan.
How can I finance an e-bike in Vermont?
Clean Energy Credit Union’s e-bike loan (from 8.24% APR, $500–$15,000) is open to anyone in the US, including Vermonters. National lenders like PenFed and First Tech also work. EastRise’s loan suits a regular bicycle.
What are EastRise’s loan terms?
EastRise’s Energy Improvement Loan runs 6.50–9.00% APR, $300–$60,000, over up to 20 years, for Vermont residents. It covers energy projects and regular bicycles; e-bikes appear only in a separate consultation/rebate section, not the eligible-uses list.
Does Vermont have an e-bike rebate too?
Yes — through utilities, not the state. Burlington Electric offers up to $850 and Green Mountain Power $200 (ending June 30, 2026). A rebate lowers the amount you’d finance, so it changes the size of any loan.
Looking beyond Vermont? See every credit-union bike loan we can verify, or compare all the ways to finance a bike.