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Holiday Closure

All CBLA offices will be closed on Monday, October 13 in observance of Columbus Day. Normal business hours will resume on Tuesday, October 14. IMPORTANT: We are aware of scammers conducting fraudulent calls from a spoofed phone number claiming to be from the fraud department. Please be aware these are fraudulent calls. We will never ask for your password or security code. If you have received one of these calls, please contact your local office.

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Personal Loan

Lending a Hand at Every Stage of Life

As your bank for life, Community Bank prides itself on finding the right personal loan to help with your own, uniquely personal financial needs – and doing it all at a competitive rate that helps your money go further.

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Things to Bring When You Apply for a Loan

To make your loan application process as simple as possible, bring along these three things.

Proof of Income

This can be a paystub, tax statement or similar income document.

Invoice, Sales Agreement or Buyer’s Order

This helps the bank understand what you need the loan for.

Updated Identification for All Borrowers

This is important to ensure that everyone is listed correctly on the loan.

A Little Loan Advice

Here are a few helpful tips to consider as you start to evaluate the potential of a loan and decide whether or not it is the right solution you need.

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Understand the Cost

The cost of financing something is more than just the initial loan amount. When evaluating your budget, consider things like insurance, maintenance and interest all as part of the cost of your future loan.

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Don’t Finance More Than You Can Afford

While it can be tempting to finance a purchase, it’s important to understand the impact it will have on your finances. Be open about your monthly expenses and let your loan officer properly advise you to avoid any potential problems down the road.

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Get Pre-Approved

Getting pre-approved is a great way to increase your appeal to sellers. Additionally, it’s a great way to get a total picture of what you can afford before you even start shopping.

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You’re Never a Loan

Whatever stage of life you’re in, we’re here to lend a hand. Let us help you at every step of the personal loan process.

Minimum and maximum period for repayment: 12 months-36 months 

Maximum Annual Percentage Rate (APR), which generally includes interest rate plus fees and other costs for a year, or similar other rate calculated consistently with local law: 53.617%

Representative example of the total cost of the loan, including all applicable fees: $1,328.04

Above information is based off of a 12-month loan at a 30% rate for $1,000.  

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