Personal Loans
At 1st National Bank we don't just pay lip service to the loans we call Personal. We know each person has unique goals. Our lenders work with individuals to find loans that fit your financial comfort level and desired payment timeline.
- Benefits
You'll also enjoy the benefits:
- Experienced loan officers to guide you through the process and answer your questions
- Local decision-making
- Fast turnaround
- Competitive rates
- Variety of choices and options
- Multiple, convenient locations
- Types of Personal Loans
Secured personal loan. If you have established credit, you may be eligible for a secured loan at an attractive rate. Secured personal loans may be used for any purpose, such as a vacation, auto repairs and tuition bills. It has a fixed interest rate and can be paid off over a specific period of time with set monthly payments. Home ownership is not required.
Unsecured personal loan or signature loan. Your good name and credit history are all you may need to obtain a signature loan. Because these loans are unsecured, the interest rate is somewhat higher. Therefore, these loans are best for smaller purchases and short-term needs.
Personal line of credit. This is a revolving line that gives you easy access to credit at an attractive rate. Once approved, you can access your funds by check, 1st National Bank Check Card or 1st Online Internet banking. As you make payments to reduce the outstanding debt, the amount again becomes available to borrow. Your personal line of credit may be tied to your checking account to serve as overdraft protection.
