Looking for a loan to keep your life running smoothly? See us first for the best loans in town!
First Federal Community Bank is ready to meet your every need in the area of Consumer Loans. We know that we have a product that will be flexible, convenient, and most of all affordable. Here are a few examples of Consumer Loans that can be tailored to fit your specific needs:
- Auto Loans—new or used vehicles
- Boat Loans
- RV Loans
- Motorcycle, ATV, or any Off Road Vehicle
There are times you have an unexpected expense, and, even though you have the funds to meet the expense, the funds are tied up in a First Federal certificate of deposit (CD) account.
In such a case—and especially if you would be penalized for withdrawing the funds early—we have a special type of loan that might help. It's called a Share Loan. We let you borrow against the principal value of your certificate account at a rate 2% above its yield.
This type of loan benefits you because you retain the money that's in the CD, along with the interest you're earning, and you're borrowing at an advantageous rate. It's a win-win for your financial management.
To learn more about a share loan, give us a call! We'll be happy to discuss how this might work for you.