Skowhegan Savings
Bank offers a variety of loan options to fit your borrowing needs.
Enjoy low rates and flexible payment terms with a lender that offers
local approval and local financing. In many cases, loan decisions
are made the same day you apply or within 24 hours. We offer many
varieties of secured and unsecured loans.
If you have any
questions about any of our consumer loan products, please call us at
1-800-303-9511 or e-mail the
Consumer
Loan Department.
A home equity loan allows you to use the
equity you have accumulated in the home you own. You can borrow
against that equity to pay for tuition, make home improvements,
purchase an automobile or recreation vehicle, travel, and much
more. Two types of home equity loans are available with
different options to fit your financial needs.
For a traditional loan, with a fixed
monthly payment, the fixed-rate home equity loan is ideal. The
rate is attractive and the terms flexible.
For maximum flexibility, we also offer a
variable rate revolving line of credit. This home equity loan is
available at a very attractive rate. You can draw against your
pre-determined loan amount with special checks provided to you.
Your monthly payment is determined by the amount you have
borrowed.
With a Skowhegan
Savings Bank vehicle loan, you'll receive a competitive rate,
fast, courteous service, and quick access to your funds. Rates,
terms, and down payment are based on the age and the type of
vehicle you would like to purchase. Establish an automatic
payment from your Skowhegan Savings Bank deposit account and you
may qualify for a discounted loan rate. (Some restrictions
apply; see your loan officer for details.)
Is college in the
future for you or your children? Skowhegan Savings Bank can
offer assistance in the form of Stafford Loans or Plus Loans.
With a low interest rate and payments deferred until graduation,
one of our Student Loan programs, could be just the opportunity
you've been looking for.
A term loan that
can be used for many purposes, a Personal Loan is an attractive
option for purchasing household appliances, a new lawn mower,
and other consumer goods. Check with us first before buying that
new item!
Enhance your
checking account and ensure against embarrassing, costly
overdrafts with Check Guard Overdraft protection. With a
completed, approved application, Skowhegan Savings Bank will
automatically fund your checking account, up to your
pre-approved limit, if you accidentally overdraw your account.
Each month that you owe a balance, the minimum payment amount
will be automatically deducted from your checking or NOW
account. What are you waiting for? Apply today!
Accepted
world-wide, a VISA card from Skowhegan Savings Bank could become
your constant traveling companion. With our VISA card, you'll
have instant credit at your fingertips when you need it. Our
VISA card is packed with everything you need to take you
anywhere you want to go. You'll enjoy more shopping, more fine
restaurants, more travel opportunities whether you are going
across town or around the world. Begin benefiting from the
convenience of a VISA card.
Click here to learn more and/or apply for Elan VISA Consumer or
Elan VISA Business Credit Card
.
VISA Credit Card Account Access
If you have a
VISA Credit Card with Skowhegan Savings Bank, you can view
account activity, check transactions and pay your monthly bill
online.
Click here to register for Online Account Access.
Building a deck?
Remodeling your kitchen? Our Home Improvement Loan may be right
for you. We can help make that small project around the house a
breeze with a fixed rate loan.
If you're like
most people, once you've put money into a savings account or
certificate of deposit, you hate to take it out. A collateral
loan against your funds is an attractive alternative to a
traditional loan. When the loan is paid off, your hard-earned
funds are still available to you. Other collateral options are
also available.
Skowhegan Savings
Bank also offers several financing options for mobile homes.
Loans on new and used mobile homes, with or without land are
available at competitive interest rates.
|
Recreational Vehicle Loans |
At Skowhegan
Savings Bank we like to make dreams come true no matter what the
season. We offer competitive rates and terms for motorcycles,
snowmobiles, campers, and boats. Rates, terms, and down payment
are based on the age and type of recreation vehicle you would
like to purchase.
