Installment Loans Disclosure

RATE

1.

Range 5.75% to 21.00%

2.

Rates will vary based on loan type, collateral, term, amount requested, credit score, and the applicant's overall relationship with the Bank


Term

Minimum 12 months

 

Maximum 60 months on personal loans

 

Maximum 66 months on automobile loans

 

Maximum 144 months for RV, boat, and horse trailer loans

Late Charge

$17.50

Finance Charge Method

Simple interest

Prepayment Penalty

none

Duplicate Lien Release Fee

$25.00