Personal Loans
We offer all types of loans for all types of needs. And because your situation and financial status are unique, Central Bank's loans are tailor-made for you. With our help, you choose the loan that is right for your circumstances, a loan you can comfortably afford. Plus, as protection to your family, Central Bank offers a payment protection plan, which includes credit, life, accident and health insurance on any installment loan or line of credit (excluding the Gold Equity Line).
Your dream is a new home. Our dream is to give you a great home loan
Gold Equity Line Central Bank's Gold Equity Line of Credit lets you use the equity in your home. Your Gold Equity Line is based on a combination of your income, credit history and the equity in your home. A Central Bank Gold Equity Line has the following advantages:
- Competitive interest rate.
- Up to 90% financing (effective 10/14/08).
- Tax-deductible interest up to the legal limit (consult your tax advisor).
- Option to access your account with checks, Visa Gold® or both.
- Minimum credit line of $5,000.
Click for additional Gold Equity Line disclosures
Installment Loans A new or used car, home improvements, a vacation, unexpected medical expenses-whatever your reason for needing a loan, Central Bank is the place to come. You will find:
- Fixed payment amounts.
- Competitive rates.
- Flexible terms.
- Secured or unsecured loans.
- Monthly repayment schedule.
- Automatic payment - your monthly payment can be deducted from your Central Bank account.
- $1,500 minimum loan.
PAL Loan Our Program of Assisted Lending (PAL) makes it easier to get a small loan for just about any purpose. The PAL is a fixed-rate loan for families or individuals with incomes of $30,000 or less. The PAL Loan features a special annual percentage rate and terms that let you borrow from $500 to $3,500. And, if you elect to have your payments automatically deducted from another Central Bank account, you will receive an additional .25% deduction from your PAL Loan rate.
