DRIVE THRU ONLY UNTIL FURTHER NOTICE
UPDATE:  Banks are considered a life-sustaining business and therefore Merchants Bank branch locations WILL continue to be OPEN via drive thru service only until further notice.  CLICK HERE for more information including a change to Friday branch hoursNo Travel Required When You Go Digital - CLICK HERE for details.
DRIVE THRU ONLY UNTIL FURTHER NOTICE
UPDATE:  Banks are considered a life-sustaining business and therefore Merchants Bank branch locations WILL continue to be OPEN via drive thru service only until further notice.  CLICK HERE for more information including a change to Friday branch hoursNo Travel Required When You Go Digital - CLICK HERE for details.

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  Have Questions? Ask Us
Consumer Installment Loan Rates - Automobile
Type
APR
Term
Monthly Payment Per $1,000
New
4.25%
48 months
$22.69
New
4.25%
60 months
$18.53
Used 2018 - 2019
4.49%
36 months
$29.74
Used 2018 - 2019
4.49%
48 months
$22.80
Used 2016 - 2017
5.49%
36 months
$30.19
Used 2014 - 2015
7.49%
24 months
$45.00
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 3-26-2019

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

Have Questions? Ask Us