Personal loans are those loans which are needed for any legitimate personal, family, or household purpose. Examples are:
- Vehicle/boat/RV purchases.
- Debt consolidation.
- IRA/retirement funding.
- College tuition.
- Home equity lines of credit.
- Home improvement/repair.
Interest rates, terms and fees are based on various underwriting criteria, including (but not limited to) the type of personal loan requested, the credit worthiness of the borrower, and the collateral securing the loan. For the most current information on rates, terms and fees, please call one of our eight convenient banking offices.
*Note: Please take advantage of our easy to use financial
calculators for your payment & amortization calculations.
Automatic loan payment options from your Shelby State Bank account are also available which may offer a discount on the interest rate. In addition, competitive credit life and disability insurance may be available if you so choose (see disclosure below).
A completed and signed consumer loan application (and any other disclosures your lender may require based on the type of personal loan applied for) is necessary in order to give each consumer loan request the consideration it deserves. Other information that may be necessary includes, but is not limited to: income/employment information, description of collateral, and proof of collateral insurance.
Please contact any one of our experienced lenders should you have questions or need assistance with a specific personal loan need:
John Carlson
PH#: (231) 873-1399
jcarlson@shelbybank.com
Pete Slovinski
PH#: (231) 854-6455
pslovinski@shelbybank.com
Terri Lambrix
PH#: (231) 869-2647
tlambrix@shelbybank.com
Kimm Griffin
PH#: (231) 894-9041
kgriffin@shelbybank.com
Janet Smith
PH#: (231) 865-3161
jsmith@shelbybank.com
Important Information About Insurance Products Offered in Connection with Extensions of Credit:
1) We may not condition the extension of credit on your purchase of an insurance product or annuity from us or any of our affiliates.
2) We may not condition the extension of credit on your agreement not to obtain an insurance product or annuity from an unaffiliated entity, nor may we prohibit you from obtaining the insurance product or annuity from an unaffiliated entity as a condition of the extension of credit.
3) Credit insurance products are not a deposit or other obligation of, nor guaranteed by us or any of our affiliates.
4) Credit insurance products are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency of the United States Government.
Rev. 04/02/09