Collateral loans require interest-only payments and are based on 90% of the amount of your Bank of Easton deposit account. The interest rate is calculated based on the rate you earn on your deposit account plus 3%.
Unsecured Loans Effective September 5, 2023 |
Amount | Term | Payment/$1,000 | Rate/APR** |
---|---|---|---|
$750-$7,500 | 12-24 months | $47.07 | 12% |
Auto Loans* Effective September 5, 2023 |
Year | Term* | Payment/$1,000 | Rate/APR** |
---|---|---|---|
2022-2023 | 12-60 months | $19.22 | 5.750% |
2016-2021 | 12-48 months | $23.71 | 6.500% |
2015 and older | 12-48 months | $24.30 | 7.750% |
Commercial Vehicles/Equipment* Effective September 5, 2023 |
Year | Term* | Payment/$1000 | Rate/APR** |
---|---|---|---|
2022-2023 | 12-60 months | $19.86 | 7.125% |
2015-2021 | 12-48 months | $24.12 | 7.375% |
Collateral Loans Effective September 5, 2023 |
Collateral loans require interest-only payments and are based on 90% of the amount of your Bank of Easton deposit account. The interest rate is calculated based on the rate you earn on your deposit account plus 3%.
Overdraft Protection Line of Credit |
Available up to $2,000 at a Rate/APR of 18%
*Longer terms may be available at the Bank’s discretion. 10% downpayment required.
**Annual Percentage Rate (APR) subject to change without notice.
All loans are subject to credit approval.