What is a Personal Loan?

Personal Loans are typically small loans made for a variety of purposes. They may be a viable option if you need money for a specific purpose.

A personal loan may help you pay for:

    • Computer
    • Vacation
    • Wedding
    • Pay Off Bills (Bill Consolidation)
    • Surgery/Lifestyle
    • School
    • Home Repair
    • Buying an Older Car
    • Helping a Family Member In Need

How much is a typical personal loan?

Personal Loans are based on your creditworthiness and are available up to the amount of $20,000.00.

Who do I call If I have more questions?

Please contact our Loan Center 757-463-3650 option 1,  or call our Loan Expert, Joyce Thorogood  757-306-7999.

What is the normal period for repayment?

Dependent on several factors that include, but not limited to: Amount borrowed, credit history, term requested, and normal underwriting guidelines.

What is the highest interest rate I may be charged?

The maximum Annual Percentage Rate (APR) you may be charged is 18%. A payment example: For every $1,000 borrowed, at an 18% interest rate for 12 months, your payment would be $91.68

Can I apply online?

Yes, you can apply here,  in SmartLink home banking, or on the mobile app.

Can I close my loan online, too?

Yes! You can also close your loan via email.

Is there an online calculator I can use?

Yes! Click here for our online Loan Payment Calculator page.