Consumer Loan Rates
Effective Date March 13th, 2024
*Rates are subject to change without notice.
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Unsecured Consumer Loans
Unsecured Personal Loans Up To $15,000 *On a 5 yr, unsecured loan for $15,000 with an interest rate of 12.000% the principal and interest payment would be $333.67 per month.
TERM | APR | |
---|---|---|
Up to 36 months | 10.000% | |
Up to 48 months | 10.750% | |
Up to 60 months | 12.000% |
Application is required.
Checking Line of Credit up to $5,000
Credit score of 650-699 eligible for a line of $500. Credit score of 700-750 eligible for a line of $2,500 and credit score of 750 or higher eligible for a line of $5,000. Application required.
Rate | APR |
---|---|
18.000% | 18.000% |
Unsecured Home Improvement Loans – Up to $15,000 Must provide estimates.
All rates and terms quoted are for 1 – 2 unit owner occupied Maximum unsecured Home Improvement loan for $15,000. *On a 5 yr. Home Improvement for $15,000.00 with an interest rate of 9.500% (9.500% APR) the principal and interest payment would be $315.03 per month.
Term | Rate | Down Payment |
---|---|---|
60 months | 9.500% | 0% |
Unsecured Pool Loans
On a 8 yr. Unsecured Pool Loan for $60,000.00 with an fixed interest rate of 8.500% (8.500% APR) the principal and interest payment would be $863.53 per month.
Term | Rate |
---|---|
60 to 144 months | 8.500% |
Credit scores of 740 and above require 10% down. Credit scores of 739 and below require 20% down.
Consumer Secured Loans
Secured Auto Loans: New and Used Auto Rates *On a 7 yr, secured auto loan for $25,000 with an interest rate of 7.250% the principal and interest payment would be $380.38 per month.
YEAR | RATE | TERM |
---|---|---|
2024- 2023 | 7.250% | Up to 84 months |
2022-2020 | 7.500% | Up to 72 months |
2019-2018 | 7.750% | Up to 60 months |
2017 | 8.250% | Up to 48 months |
2016 or older | 9.250% | Up to 36 months |
New/Used Secured Boats, RV loans, and Hauling Trailers *On a 5 yr, secured RV loan for $50,000 with an interest rate of 8.250% the principal and interest payment would be $1,019.81 per month.
TERM RATE DOWN PAYMENT
48 months 8.000% 0%
60 months 8.250% 0%
72 months 9.000% 0%
84 months 9.500% 10%
96-120 months 9.750% 15%
144-180 months 10.750% 15%
Secured Snowmobiles, Motorcycles, ATV’s *On a 5 yr, secured motorcycle loan for $10,000 with an interest rate of 9.000% the principal and interest payment would be $207.58 per month.
Term | Rate | Down Payment |
---|---|---|
up to 60 months | 9.000% | 0% |
Home Equity Lines of Credit – Primary Residences Only
Closing Cost /fees are waived if line is maintained for three years. On a 15 Yr. HELOC for $100,000 with an interest rate of 8.500% (8.500% APR) the principal and interest payment would be $984.74. For complete terms and conditions please visit our Home Equity Line of Credit Page.
Term | Current Prime + 0% |
---|---|
25 Years | 8.500% |
Home Equity Fixed Rate Loans
Primary Residence
Closing Cost /fees are waived after loan has remained open for 36 months. On a 10 Yr. Home Equity Loan for $50,000 with an interest rate of 7.500% (7.500% APR) the principal and interest payment would be $593.51.
Term | 1st Lien Position | 2nd Lien Position |
---|---|---|
10 Years | Prime - 1% | Prime - .25% |
15 Years | Prime - .50% | Prime - 0% |
Secondary Residence
Closing Cost /fees are waived after loan has remained open for 36 months. On a 10 Yr. Home Equity Loan for $50,000 with an interest rate of 9.500% (9.500% APR) the principal and interest payment would be $646.99.
Term | 1st Lien Position | 2nd Lien Position |
---|---|---|
10 Years | Prime + 1% | Prime + 1.25% |
15 Years | Prime + 1.50% | Prime + 2% |
As of 12/28/2023 rates are based on the current Prime of 8.500%. Rates are variable and may adjust periodically based on the changes to the Prime Rate, as published in the Wall Street Journal.
Cash Secured
Loan secured by Seneca Savings account – Account Rate plus 3% – 100% of account balance
Term | Rate | Down Payment |
---|---|---|
60 months | 3% above current savings/CD rate | 0% |