Personal Loans and Lines of Credit

Features 
Line of Credit (3)  Equity Line of Credit (4)  Installment Loans  Single Pay Loans 

Term 
Revolving  Revolving  6 to 180 months  1 to 12 months 

APR - Annual percentage rate - (5) 
As low as Prime + 2%  As low as Prime  Interest rates vary  Interest rates vary 

Closing costs 
None  Bank pays up to $250 closing cost  Closing costs vary  Closing costs vary 

Access directly by check 
Yes  Yes  Unavailable  Unavailable 

Access through checking account 
Yes  Yes  Unavailable  Unavailable 

Minimum monthly payment 
$20 or 2% of balance  Interest Only  See (6) below  See (6) below 

Payment method 
Monthly statement  Monthly statement  Monthly by coupon or draft  Periodic statement 

Can be used for overdraft protection 
Yes  Yes  Unavailable  Unavailable 

Credit life insurance available 
Unavailable  Unavailable  Yes  Yes 

Credit A&H insurance available 
Unavailable  Unavailable  Yes  Unavailable 

Online Banking 
Yes (7)  Yes (7)  Yes (7)  Yes (7) 
(1) Personal Loans are subject to approval. Loan officers are available at all of our branches.

(2) Financial counseling is provided free of charge to anyone with credit problems.

(3) A personal line of credit can be used to cover short-term cash needs.

(4) An equity line of credit is secured by your home and can be used to finance home improvements, a car, boat or other major purchase.

(5) Interest paid on a loan secured by a mortgage on your primary residence may be tax deductible. You should consult with your tax advisor.

(6) Amortization determines the monthly payment for installment loans. Both principal and interest may be payable at maturity for single pay loans.

(7) Online Banking - loan payments may be made through Online Banking. Normal payments and principal payments only.