At CSB we've helped thousands of our customers finance the purchases and expenses in their lives - cars, education, home improvements, boats, computers, and even that vacation of a lifetime - through personal loans. If you are a CSB Preferred Checking account holder, you can also earn a discounted rate on consumer loans!
We want to help you, too - by financing with us you can expect a great experience in obtaining ...
Personal Loans
When a CSB Home Equity is not an option, and you are looking for a short term loan or a need to finance your next PC, personal loans offer you a competitive alternative. We offer both secured and unsecured personal loans.
Moneyline Personal Line of Credit
Clinton Savings Bank's MoneyLine Personal Line of Credit is a convenient way to borrow for any purpose. Use this consumer loan to save money by paying off high interest department store credit cards, to write checks directly to merchants, or as an overdraft protection line on your CSB Checking Account (see below).
How To Use Moneyline Personal Line of Credit
Repaying is easy, too. Each month, the amount of your minimum monthly payment will appear on your regular CSB monthly statement. You can pay any amount from the minimum up to the full balance of your consumer loans without penalty. You can repay online with CSB Internet Banking with a simple transfer from any of your CSB statement savings accounts. You can do the same by phone with CSB Bank by Phone. You can also repay your personal loans at any CSB branch.
Using Your Moneyline As Overdraft Protection
When you choose your MoneyLine of Credit for overdraft protection on any CSB Checking Account, you'll never have to worry about overdraft fees again. If you make an error and write a check for more than you have in your checking account, CSB will automatically charge the exact amount of shortage to your MoneyLine of Credit (up to your current credit limit).
At Clinton Savings Bank we make consumer loans for buying or refinancing your vehicle more affordable, easier to get, and more flexible than you'll find elsewhere.
We offer many terms to get you into your dream vehicle. Generally, choosing a longer term consumer loan will lower your monthly payment. Choosing a shorter term personal loan will reduce your interest rate and the total cost of your loan. The maximum length of time depends on the vehicle and your budget.
Collateral Loans
Collateral loans are personal loans that allow you to borrow against your CSB savings account or non-pension certificate of deposit up to 95% of the available balance are available. Please visit any branch to apply.
Lowest personal loan rates possible with direct deposit / electronic repayment
You'll pay 1/2% less than with other repayment methods when you direct deposit your net pay, Social Security, or pension to your CSB Checking Account and make electronic payments for the full term of your personal loans. That's one of many great extra benefits you get with direct deposit at CSB.
Convenient electronic repayment options that qualify include...
Use our Loan Calculators to help you determine the loan financing and payment options that are best for your personal loans.
Loan Applications And Disclosure
To apply for a loan you must be a U.S. Resident and reside within "Worcester" or "Middlesex" Counties in the Commonwealth of Massachusetts. If you have questions, please call us at 888-744-4272 (4CSB).
