A signature loan is an unsecured loan that you can use for vacation, moving expenses, educational expenses and more. Terms vary according to the amount you borrow. The minimum loan amount is $1,000.
No Pre-Payment Penalty
All loans at Community Bank are simple interest with no pre-payment penalty. This means you only pay interest on the unpaid balance. If you pay more than your scheduled payment, or pay the loan off early, you can lower the total cost of your loan.
Easy Monthly Payments
Your monthly loan payment can be deducted automatically from your Community Bank Regular Checking, Interest Bearing Checking, or Savings Account each month. Customers with automatic loan payments receive a .25% discount on their interest rate.
CD Secured Loans
Use your Community Bank Certificate of Deposit (CD) to secure your loan and you’ll enjoy preferred interest rates.
† APR = Annual Percentage Rate. A .25% APR rate reduction is available with automatic payment from your Community Bank checking or savings account. Other rates and terms may apply and will be determined by credit history and loan application.