Personal Loans
We offer a variety of personal loans for almost any need you may have,
including debt consolidation, vacation, refinancing higher rate loans -
you name it!
Borrow as little as $1000 quickly - usually the same day that you apply. Personal loans offer flexible payment terms that won't strain your budget. We'll even give you an extra 0.25% off our competitive rates if your loan payment is automatically deducted from one of our checking accounts for the life of the loan.
Bill Payer Loans and Debt Consolidation Loans
Take advantage of our lower interest rates to pay off your high interest credit cards. A special loan designed for debt consolidation, we directly pay the loan proceeds to your creditors on your behalf. Lower your interest rate even more by taking an extra 0.25% off if your loan payment is automatically deducted from one of our checking accounts for the life of this loan.
Cash Reserve Lines of Credit and Unsecured Loans
This unsecured line provides overdraft protection to your Newtown Savings Bank checking account by sweeping the amount needed to cover a check. This means no bounced checks or overdraft fees as long as you borrow within your reserve line. Save on interest payments - unlike many of our competitor's overdraft products, we automatically repay your credit line with funds from your checking account whenever you make a deposit. A nominal fee applies each time you access your cash reserve line of credit.
Collateral Loans
Funds tied up? Need to establish or repair your credit? Let your savings work for you
by borrowing against your Newtown Savings Bank certificate of deposit or passbook savings account. Collateral loans allow you to borrow up to 90% of your account balance and repay yourself over time. Pay for a wedding, take a vacation or pay for the necessities of life. Choose from two payment options - interest only paid quarterly or monthly principal and interest payments.