Consumer Loans

Part of our role as a community bank means being there with flexible, low rate loans for the purchases that you really want— maybe it's a new car, an update to an old house, or a much needed vacation. When you are ready to talk about the purchases that you want, we will be here with the flexible solutions that you need.

Financing for Auto, Boat, RV and More!Timberland Bank Consumer Loans

You might be ready to trade in that gas guzzler for a fuel efficient model and are in need of an auto loan. Perhaps you would prefer to borrow against the funds you have on deposit with a Passbook Loan. Or, maybe you would rather borrow on the equity in your home with a Home Equity Line of Credit to take advantage of the tax deductibility. Whatever your preference, we have flexible financing solutions to meet your needs.

Passbook Loans

A Passbook Savings Secured Loan is a convenient way to borrow money at a low interest rate. With a passbook secured loan you are borrowing against funds you have on deposit with Timberland Bank. Your loan is secured by your own savings and is payable in flexible terms that are convenient for you: weekly, bi-weekly, monthly or annually. Your savings stay right where they are, safe, secure and still earning interest and fully insured to the limits set by the FDIC.

You may borrow any amount up to 90% of your available balance with a Passbook Loan—and receive your cash the same day you request it.

With the convenience of Automatic Payment Service (APS) your payment will be automatically deducted from your Timberland Checking or Savings Account on the day you set. You'll never worry about a due date or a missed payment.

Home Equity Line of Credit

With a Home Equity Line of Credit, you can borrow funds against an established credit limit. You will have the flexibility of borrowing or paying against your credit limit as funds are needed over a period of years.

There are several convenient ways to use your Home Equity Line of Credit:

  • Simply write a check from your Home Equity Line of Credit account

  • Make cash withdrawals in person at any branch

  • Request a transfer of funds by telephone

  • Use Online Banking to transfer funds between accounts

A Timberland Home Equity Line of Credit provides a little different flexibility than a Home Equity Loan. A Home Equity Line of Credit works more like a credit card where you borrow funds against an established credit limit. You have the flexibility of borrowing or paying against your credit limit as funds are needed over a period of years.

Give us a call at 1-800-562-8761 and lets talk about what you want to accomplish. Our helpful lenders will have you out enjoying your new purchase soon!