Personal

Installment Loans

If you have steady income and a good credit history, you can borrow money with an Unsecured Loan from Union Savings Bank. Minimum loan amount is usually $1,000.

Our Installment Loans feature:

Competitive Fixed Rates - consistently among the best in our market area
No application fee
No Pre-Payment Penalty

Loan purposes and terms:

Debt consolidation up to a maximum of $5,000 for a term of three years
Establish credit with a loan of $500 for six months
Home improvements for terms from six months to five years
Loans for a term of one year

Other uses:

Car repairs
Tuition
Legal fees
Income taxes
Medical expenses
Weddings

You pay a fixed amount monthly by automatic deduction from a USB account or receive a coupon book. Payments may also be made at any USB office, USB night depository, or by mail.

Processing time is generally a maximum of 48 hours. All credit decisions at Union Savings Bank are made locally, which means faster responses to loan requests. The loan will be reported to the Credit Bureaus.

Use our loan calculator to figure the monthly payment owed on a loan when paid back over a certain number of months.