Mortgage & Personal Loans

Conventional

A fixed-rate mortgage features an interest rate that remains constant through the term of the loan. Monthly principal and interest payments never change.

Construction Loan

A construction loan is a short-term loan used to finance the building or renovation of a home. Once construction is complete, the loan balance is refinanced into a permanent mortgage.

Home Equity Loan

Sometimes called a second mortgage, a home equity loan allows you to borrow a lump sum to be paid back in monthly installments over specified periods. Most home equity loans have a fixed interest rate for the term of the loan.

Home Equity Line of Credit

This option allows you to borrow against a given credit line as you need it. You can access your money by writing checks linked to the account. Interest accrues only on the amount you actually use.

Vehicle Loans

• Competitive rates
• Flexible repayment terms for new and used vehicles
• Quick loan decisions made by friendly Community Bank lenders
• Financing is available up to 80% of retail value or 80% of book value (whichever is lower)

Certificate of Deposit Secured Loans

• Borrow up to 100% of your CD balance
• Loan term is typically the same as the CD term
• Minimum loan amount $3,000
• A great way to utilize your Community Bank CD!

Ready Reserve

Our fixed-rate Ready Reserve protects you from the expense of overdraft and returned check fees. This line of credit is advanced upon when a check presented for payment would result in an overdraft position. Advances are typically provided in $25 increments (e.g. if your account is overdrawn $77, your Ready Reserve advance will be $100 resulting in a checking account balance of $23). To obtain a Ready Reserve account, there is a $25 annual fee.