Consumer Loans

Auto Loans
We can put you in the driver’s seat with flexible,affordable loans for new or pre-owned vehicles. • Borrow from $1,000 to $75,000 With East River Bank you can finance up to 90% of the sellingprice or full invoice amount for new autos. Youcan borrow the same amount for used autos up to the trade-in value according to a used car pricing guide • Flexible repayment terms • 12 to 72 months for new cars • 12 to 48 months for used autos • Automatic Loan Payment Never worry about a late payment again! Have your monthly payment for your Auto Loan automatically deducted from an East River Bank Checking account. It is added convenience and peace of mind at no additional charge and you may receive a lower rate!
Personal Loans
Whether you’re making a big purchase or consolidating some bills, a personal loan from East River Bank may be the easiest way to get the cash you need. • Borrow $1,000 to $10,000 at competitive fixed rates • Easy to repay Choose from 12 to 60-month loans with convenient automatic payment deduction from an East River Bank Checking account and never worry about a late payment again. It is added convenience and peace of mind at no additional charge and you may receive a lower rate!
CD/Savings Secured Loans
When you can secure your loan with a Certificate of Deposit(CD) or savings account, you can borrow more and enjoy low interest rates. • Here’s how it works Rather than paying cash for something and draining your assets, you can keep your money in a CD and borrow against it. Your money in the CD continues to earn interest while you enjoy a low-interest loan with easy payments. It’s also a great way to avoid taking an early withdrawal from a CD because of unexpected cash needs. • Borrow $1,000 to $100,000 Up to 95% of the value of the CD used as collateral • Enjoy a low interest rate Just 3% above the rate for the CD used as collateral
Personal Lines of Credit
Want to be prepared for any financial needs throughout the year? Get East River Bank’s Ready Reserve Line of Credit. Once you are approved, you’ll receive special checks for instant access to cash when you need it. Ready Reserve is always there—borrow up to your credit limit to help you: • Provide overdraft protection on your checking account • Make purchases • Get cash • Pay bills Credit lines of $500 to $10,000 You pay interest only on the amount you use— when you do use your credit line, you can count on a competitive low rate.