Union Savings Bank Loans Consumer Loans to make your life easier.
Whenever you need a fast personal loan, it’s good to be able to reach out within your community for help. The lending professionals at Union Savings Bank stand ready to help with a consumer loan that works for your particular situation, pretty much whatever it may be. Give us a shout – we offer easy personal loans with low interest. We feel the best bank personal loans can keep you on your path without having to stumble on financial roadblocks.
COLLATERAL LOANS
When you can pledge an asset to secure a loan, you can often benefit from personal loans with low interest. Among assets you can collateralize with us include certain eligible Union Savings Bank accounts – where you can receive quick, no credit review loans.
HOME IMPROVEMENT SMART-E LOANS
If your plans for upgrading your home include making it more energy efficient, you could be eligible for special low rate. Long-term consumer loans are available to help CT residents create a more ecological place to live. We’re a participating lender, and can help you navigate the qualification process..
FAST PERSONAL LOANS
Unexpected expenses are just that: unexpected. If you are facing unanticipated expenses such as a car repair, medical expenses or a special upcoming event, we can look at your income and credit history to determine if we can offer you an unsecured consumer loan with competitive fixed rates and without a prepayment penalty.
OVERDRAFT PROTECTION
Account balance running low? Need to cover a bill before your next paycheck? Overdraft protection can help. It’s like an easy personal loan that automatically kicks into action when your account runs dry. Is it a loan, or a convenience? Actually it’s both. Frequently Asked Questions
HOME IMPROVEMENT
Update, renovate or expand your home to enjoy more living space, a nicer kitchen or make room for a new member of your family with a consumer loan. Stay in the neighborhood, and leverage a home improvement loan to create a better place to be.
BOAT LOANS
Looking to escape on the water? There’s really nothing like it. We can help you realize your dreams with a consumer loan up to $150,000 for purchasing or refinancing your recreational boat.
Our mortgage, HELOC and consumer loans make your life easier.
Earn 4X Points on dining, take-out & food delivery.
Find a Branch
Meet with a local banking expert to discuss your business goals and needs. Find the closest Union Savings Bank location.
Consumer Loan Rates
- LOAN TYPE
- APR*
- MINIMUM LOAN
- MAXIMUM LOAN
- MAXIMUM TERM
- MAXIMUM LOAN TO VALUE
- PAYMENT AMOUNT
- Vehicle – New (vehicles manufactured in current year or having less than 10,000 miles)
- 5.99%
- $1,000
- NA
- 60 months
- 100%
- $193.28 1
- Vehicle – Used 2 years old or less
- 5.99%
- $1,000
- NA
- 48 months
- 80%**
- $234.80 1
- Vehicle – Used 3 – 4 years old
- 5.99%
- $1,000
- NA
- 36 months
- 80%**
- $304.17 1
- Vehicle – Used 5 – 8 years old
- 5.99%
- $1,000
- NA
- 24 months
- 80%**
- $443.161
- Collateral – Statement Savings
- 3.25% over current rate account is earning
- $500
- NA
- NA
- 6 months reserve required
- Variable 2
- Overdraft Protection – Sweep
- 18.00%
- $500
- $5,000
- NA
- NA
- Variable 3
- Personal Loan (with Credit Score <740)
- 11.99%
- $500
- $15,000
- 60 months
- NA
- $333.59 4
- Personal Loan (with Credit Score >740)
- 11.99%
- $500
- $25,000
- 60 months
- NA
- $555.98 4
- Home Improvement
- 9.50%
- $1,000
- $10,000
- 60 months
- NA
- $210.01 4
- Home Improvement Smart-E Loan 5
- 6.99%
- $3,000
- $50,000
- 120 months
- NA
- $580.28 4
- Home Improvement Smart-E Loan 5
- 6.99%
- $3,000
- $50,000
- 84 months
- NA
- $730.19 4
- Home Improvement Smart-E Loan 5
- 6.99%
- $3,000
- $50,000
- 60 months
- NA
- $966.41 4
- Boat – New or Used Loans up to $25,000
- 8.99%
- $1,000
- $25,000
- 60 months
- 80%***
- $518.84 4
- Boat – New or Used Loans from $25,001 to $50,000
- 8.99%
- $25,001
- $50,000
- 120 months
- 80%***
- $633.11 4
- Boat – New or Used Loans up to $50,001 to $150,000
- 8.99%
- $50,001
- $150,000
- 180 months
- 80%***
- $1,520.51 4
Disclaimers
1 Monthly payment based on a $10,000 loan at the current interest rate for the max loan term.
2 Your monthly payment based on current Savings Account interest rate of 0.03% on a $1,000 loan is $2.73. Required monthly payments are interest only. APR may increase after consummation.
3 Your minimum monthly payment will be equal to the greater of 1/10th of your unpaid principal balance as of the last day of the Billing Cycle or $20.00, plus all accrued and unpaid Finance Charges as of the last day of the Billing Cycle. If your principal balance as of that date is less than $20.00, you must pay the entire principal balance plus unpaid Finance Charges. APR may increase after consummation.
4 Monthly payment based on the maximum loan amount at the current interest rate for the maximum loan term.
5 Home Improvement Smart-E loans are offered through our partnership with Energize Connecticut. For information, call 877-WISE-USE (877-947-3873) or visit energizeCT.com/smarte. Eligible participants: your home must be: 1-4 units owner occupied ; or have approval of landlord; home must be a primary residence, home must be located in CT; condominiums are eligible only if they are individually metered. Limited time offer. Smart-E loan program is subject to Union Savings Bank credit approval. All Smart-E loan projects are subject to Connecticut Energy Finance and Investment Authority (CEFIA) approval.
* Annual Percentage Rate
** LTV – based on N.A.D.A./J.D. Power average trade in value.
*** LTV – based on BUC book value.
All loans are subject to credit approval.