Passbook Loansback to Consumer home
If you have a Passbook Savings Account or Time Deposit with us, you can use these funds as collateral when obtaining a loan, instead of withdrawing your money. In this manner you can keep your account open and continue to earn interest.
- Annual Percentage Rate on loans secured by a Passbook Savings Account is the Prime Rate published in the Wall Street Journal
- Annual Percentage Rate on loans secured by a Time Deposit is the Prime Rate published in the Wall Street Journal plus 1%
- No prepayment penalty
- Interest is paid on a quarterly basis
Personal Loan Rates
Loan Type Rate APR Personal Loan 11.000% 11.000%4
as of 12/21/16 10:10:06 AM
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Call (845) 457-8222 or Have
One of Our Consumer Loan
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If you are a customer of Walden Savings Bank and have a question regarding your existing loan, please call:
845-457-7700 - option 3