Personal Loans
Stressed about finances? Give yourself some wiggle room with an affordable personal loan from locals like yourself.
Key Features:
Details:
- Competitive rates for a wide variety of personal needs:
- Emergency vehicle repairs
- Family vacation
- College tuition
- Personal projects
- Wedding
- And more
- Repayment terms flexible enough to work with your budget
- Terms up to 6 years available
- Share secured loans also available with terms up to 5 years
- Regular savings or share certificate balances can be used as collateral
- Ideal for borrowers looking to build or rebuild credit
- Up to 100% financing and typically lower rates
- Fast decision-making and processing right here in Central Maine
- Local service from people you know and trust
Personal Lines of Credit
Much like a credit card, a line of credit provides anytime funds for major expenses. Just apply once and reuse again and again.
Key Features:
Details:
- Competitive rates for all types of ongoing or seasonal needs:
- Home or vehicle repairs
- Seed money for a start-up
- Gaps between paychecks
- And more
- Maximum flexibility; funds are available anytime without reapplying
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily available via online and mobile banking transfers to a specified Bangor Federal account
- Fast decision-making and processing right here in Central Maine
- Local service from people you know and trust
About Us
From our humble beginnings in 1956 from a home on Grove Street, to becoming one of the premiere financial institutions in central and coastal Maine, Bangor Federal’s mission has always remained the same: to deliver the best financial experience to our members.
