Personal Loans & Lines of Credit
Borrowing power and secure financing
Loan Options
Financing Your Next Adventure
Peoples Bank offers a variety of personal loans and lines of credit to help you acheive your financing goals. Applying for a loan is quick and easy. Our team of experienced Bankers are ready to help you find the perfect solution. Apply online or contact us today.
Express Line of Credit
Express Line of Credit from Peoples Bank is a personal line of credit that’s linked directly to your checking account. You can write a check or make a purchase for more than you have in your checking account and need not worry as funds will automatically advance from your Express Line (up to your available credit limit or $1000). Best of all, Express Line is only $24 per year. For complete details and current interest rate see the Express Line of Credit Disclosure.
Personal Unsecured Loans
Peoples Bank Personal Unsecured Loans allow you to get cash without collateral. Both line of credit and term loan options are available with loan amounts between $5,000 – $20,000. Automatic payment from a Peoples Bank checking account required. Contact your local branch to learn more.
Cash Secured Loans
Peoples Bank Cash Secured Loans are fixed-rate, installment loans secured by a Peoples Bank savings account or Certificate of Deposit (CD) – the perfect choice when you need extra cash to make a purchase but don’t want to disturb your savings account balances. With low monthly payments, competitive rates, and loan amounts from $500 and up, a Cash Secured Loan may be the right solution for you. Contact your local branch to learn more.
CashPlease Loans
CashPlease® loans are a lower-interest alternative to payday loans. Loan amounts vary from $300 to as much as $1000. These convenient loans are available 24/7 and provide easy access to cash. CashPlease is your solution to short-term money needs with cash deposited into your account in 1-2 business days or less.
Home Equity
Peoples EquityOne Home Equity Line of Credit
A Home Equity Line of Credit is a revolving line of credit that uses the equity in your home as collateral. A home is often your most valuable asset, so many homeowners use their equity to finance planned or unplanned major expenses, such as home improvements, education, debt consolidation, or medical expenses.
Access funds anytime. Home Equity Line of Credit payments are minimal, based on a variable rate; however, our convenient Fixed Rate and Payment Term option lets you fix the rate, term, and payment amount on all or a portion of your outstanding balance.
Boat Loans
Peoples Bank offers a variety of boat loans. If you’re dreaming of water skiing, sailing, or fishing, we’ll help make it a reality. Our team looks forward to serving you through the life of your next boat loan … and the one after that!
Under $50,000
Financing is available for a variety of uses, including Small Boats, Trailers, Moored Vessels and other Recreational Vessels!
- Minimum loan amount is $5,000 for new or used vessels
- Eligible boats must be 10 years old or newer
Over $50,000
Peoples Bank is one of the few Northwest Community Banks with a dedicated team of Marine Lenders. Whether buying your first boat, or your next, our team of experts is here to help.
Looking for a Commercial Maritime Loan? Visit our Commercial Lending page.
Marine Loan Rates
| Amount | Term | APR* | Minimum Amount | Sample Payment** | Maximum Loan to Value |
|---|---|---|---|---|---|
| Less than $49,999 | 15 years | 7.74% | $30,000.00 | $282.21/month | 90% |
| $50,000 - $99,999 | 15 years | 7.74% | $50,000.00 | $470.35/month | 90% |
| $100,000 - $749,999 | 20 years | 6.96% | $100,000.00 | $772.96/month | 90% |
| $750,000 - $999,999 | 20 years | 6.96% | $750,000.00 | $5,797.20/month | 85% |
| Over $1,000,000 | 20 years | 6.96% | $1,000,000.00 | $7,729.60/month | 80% |
Last Updated On: December 18, 2024
Auto & RV Loans
We can finance your next adventure.
Auto Loans
Peoples Bank makes it fast and easy to get financing for your next set of wheels. Whether it’s your first car or your dream car, we are here to help. It’s easy to get started.
- Competitive down payments.
- Minimum loan amount as low as $5,000.
- Used car financing available for cars up to 10 years old.
- Wide selection of terms available.
RV Loans
If the call of the open road and great outdoors has you thinking about your next adventure, a Peoples Bank recreational vehicle loan can help you get there.
- Financing available for motor homes, campers, folding trailers, fifth wheels, and travel trailers.
- Dealer purchases only.
- Wide selection of terms available.
View Rates
Auto Loans
Auto & Motorcycle Loans
| Collateral Type | APR* | Sample Payment** |
|---|---|---|
| New (0-3 Years) | 7.38% - 10.08% | $399.91/month based on $20,000 loan amount for 60 months and lowest available APR. |
| Used (4-9 Years) | 7.63% - 10.33% | $402.29/month based on $20,000 loan amount for 60 months and lowest available APR. |
Last Updated On: December 18, 2024
Recreational Vehicle Loans
Loan Payment Calculator
This calculator is provided for general and educational purposes only. Estimates are based on input variables; it does not represent a commitment to lend.
Equal Housing Lender