All loans at Community Bank are simple interest with no pre-payment penalty. This means you only pay interest on the unpaid balance. If you pay more than your scheduled payment, or pay the loan off early, you can lower the total cost of your loan.
Your monthly loan payment can be deducted automatically from your Community Bank Regular Checking, Interest Bearing Checking, or Savings Account each month.
Customers with automatic loan payments receive a .25% discount on their interest rate.
† APR = Annual Percentage Rate. All rates shown reflect a .25% APR rate reduction for automatic payment from your Community Bank checking or savings account. Other rates and terms may apply and will be determined by credit history and loan application.
Credit is subject to approval and normal credit standards apply. The maximum loan amount is 100% of the lesser of the purchase price or MSRP (Manufacturer's Suggested Retail Price). The maximum term is 60 Months. Subject to change without notice. Credit is subject to approval.