Loans Secured by Certificates of Deposit

Borrowing against your own funds secured by a Provident Certificate of Deposit (CD) is a fast, convenient, low cost way of obtaining a loan. No credit check or proof of income is required.

Rates as of Friday, August 11, 2017

Product DescriptionInterest RateAnnual Percentage RatePayment per $1,000PaymentsApply
Secured Personal Loan
Secured Personal Loan - 60 months w/out autopay5.000%5.000%$18.87Show Payments and Rates
Secured Personal Loan - 48 months w/out autopay5.000%5.001%$23.03Show Payments and Rates
Secured Personal Loan - 36 months w/out autopay5.000%4.999%$29.97Show Payments and Rates
Secured Personal Loan - 24 months w/out autopay5.000%4.999%$43.87Show Payments and Rates
Secured Personal Loan - 18 months w/out autopay5.000%4.999%$57.78Show Payments and Rates
Secured Personal Loan - 12 months w/out autopay5.000%5.002%$85.61Show Payments and Rates
Secured Personal Loan - 9 months w/out autopay5.000%5.000%$113.44Show Payments and Rates
Secured Personal Loan - 6 months w/out autopay5.000%5.002%$169.11Show Payments and Rates

  • Maximum term: up to 60 months; loan maturity date must match CD maturity date.
  • Fixed interest rate equal to the CD Rate plus 3.00% with a floor of 5.00%
  • 0.25% discount available with autopay from a Provident checking account.
  • Amortized payment (blended P&I payment) based on the loan term.
  • Payment per $1,000 represents the monthly payment at the rate and term indicated.
  • Loan amount limited to 95% of the CD balance. Loan term to match CD maturity date.
  • Rates subject to change without notice.
  • The Provident Bank is a community bank serving the communities of Amesbury, Newburyport and Salisbury, MA, Bedford, Hampton, Portsmouth, Seabrook, and Exeter, NH along with the surrounding areas.

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