NEW CERTIFICATE OF DEPOSIT RATES
Attractive Rate Increases!
Check out the new rates and take advantage of our current term specials on a 13 month or a 21 month CD.
Click here to view rates and specials.
NEW CERTIFICATE OF DEPOSIT RATES
Attractive Rate Increases!
Check out the new rates and take advantage of our current term specials on a 13 month or a 21 month CD.
Click here to view rates and specials.

Personal Loans

Strapped for cash? A personal loan from Merchants Bank may be the solution you need to make an important purchase, buy a car, or pay an unexpected expense. Whatever your needs may be, Merchants Bank can assist you. We offer local decisions and quick turnarounds. And, when you have a question we’re here to help you.

Apply Online Today
Consumer Installment Loan Rates - Automobile
Type
APR
Term
Monthly Payment Per $1,000
New
4.49%
48 months
$22.80
New
4.49%
60 months
$18.64
Used 2016 - 2017
4.99%
36 months
$29.97
Used 2016 - 2017
4.99%
48 months
$23.02
Used 2014 - 2015
5.99%
36 months
$30.42
Used 2012 - 2013
7.99%
24 months
$45.22
Personal loans may be secured with a Merchants Bank Certificate of Deposit, Money Market or Savings account.
Consumer Installment Loan Rates - Personal
Type
APR
Term
Monthly Payment Per $1,000
Unsecured*
11.00%
24 months
$46.61
Personal loans may be secured with a Merchants Bank Certificate of Deposit, Money Market or Savings account.
*Based on loan amount of $5000.

Loan Rates Effective 3-26-2018

All Rates and APRs are subject to final credit approval.

For more information on applying for a loan, please contact us or
Apply Online Today