Consumer Loans

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).

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.

** All loans are subject to credit approval. **


Your dream is a new home. Our dream is to give you a great home loan.

Find out more about our mortgages.

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 89% financing (effective 10/14/08)
  • Tax deductible interest up to the legal limit (Please consult your tax advisor)
  • Option to access your account with checks, Visa Gold® or both
  • Minimum credit line of $5,000

Credit subject to approval. Loan term is 10 years. A balloon payment may result. The APR can vary & is based on Prime Rate as published for the last business day of the month in the Wall Street Journal. The APR is subject to change monthly and resulting payment amounts may vary. The maximum APR is 21.00%. Minimum loan is $5,000 and maximum loan is $150,000. $20 annual fee. Borrower also pays for appraisal or property evaluation, whichever is needed. Property insurance required. Flood insurance, if applicable, is required. Consult your tax advisor regarding the deductibility of interest. Please contact us for more information regarding this product. Terms and conditions subject to change without notice.

Private Student Loans

With college costs growing fast, it’s time to borrow smarter. The Smart Option Student Loan® offers three repayment options and competitive interest rates to help you pay for college expenses not covered by scholarships and federal loans. Get started.

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.