Personal Loans
Whatever your needs might be, our personal loans can provide you with the assistance you need. With competitive fixed rates, taking out a loan is as easy and as worry free as possible.
Auto Loans
At Wrentham Cooperative Bank, we make finally getting your dream car possible with our affordable auto loan programs. Enjoy the luxury of purchasing a new vehicle without the hassle of unrealistic monthly payments.
Mass Save® HEAT Loans
Wrentham Cooperative Bank is an approved lender for the Mass Save® HEAT loan program. Increase the energy efficiency of your home by installing qualified energy-efficient equipment or improvements, and lower your energy costs. Call 1-866-527-7283 or visit www.masssave.com to learn more about the program's eligibility requirements.
Passbook Loans
Make your Wrentham Cooperative Bank Certificate of Deposit work for you. Borrow against the available funds, rather than withdrawing and incurring an early-withdrawal penalty. You can use the funds for any purpose, and there are no income or credit requirements. Loans are not available on IRA/Roth accounts.
Cash Reserve Loans
Wrentham Cooperative Bank offers overdraft protection on checking accounts to save you the inconvenience and cost of a returned check. Credit lines are available to credit-qualified borrowers only.
FAQs:
What can I use a personal loan from Wrentham Cooperative Bank for?
Personal loans can be used for a variety of needs, depending on your financial situation. Wrentham Cooperative Bank offers loan options designed for specific purposes, including vehicle financing and energy-efficient home improvements.
How do I know which loan option is right for me?
The right loan depends on how you plan to use the funds and your overall financial goals. For example, auto loans are designed for vehicle purchases, while Mass Save® HEAT loans are intended for energy-efficient home improvements. A member of our lending team can help you review your options and make an informed decision.
Can I borrow against my savings instead of withdrawing it?
Wrentham Cooperative Bank offers CD-secured loans that allow you to borrow against your certificate of deposit rather than withdrawing the funds early. This can help you avoid early withdrawal penalties. CD-secured loans are not available for IRA or Roth accounts.
How long does it take to get approved for a personal loan?
Approval timing can vary depending on the type of loan and your application details. Wrentham Cooperative Bank works to make the process as simple and efficient as possible, and a member of our lending team can provide more specific timing based on your situation.
What are the requirements to qualify for a personal loan?
Requirements vary by loan type. Some loans are based on credit qualification, while others, such as CD-secured loans, are backed by funds in a certificate of deposit and may not require income or credit approval. A member of our lending team can explain the specific requirements based on the loan you’re considering.
16TH STREET BRANCH |
Phone: 1-415-826-3627 |
Business Hours |
Mon - Fri 9:00am - 5:00pm |
Holiday Hours |
President's Day - Monday, Feb 17th - Closed |
