Consumer Loans

Home Equity Line of Credit (HELOC)

How much equity do you have built up in your home? With a Home Equity Line of Credit (HELOC) from Peoples Bank, you can use your equity to help make home improvements, pay college tuition, consolidate debt or apply your equity to numerous other needs. Our lending team can help you determine the right option for you. Contact the lender nearest you or apply online today!

• Variable interest rate
• Up to 90% combined loan to value (CLTV)*
• Available in 5-year terms 

*Combined Loan to Value: The total of all liens on your property divided by the value of your property. Subject to credit approval. Certain restrictions may apply. With qualified credit, loans may be approved up to 90% CLTV. Offer subject to credit approval.

Home Equity Line

If you are thinking about making much needed home improvements or looking at options to pay for your child’s college education, you may consider borrowing against the equity in your home  — the difference between what your home could sell for and what you owe on the mortgage — as a way to cover the costs. Our loan features include:

• Fixed interest rate
• Up to 90% combined loan to value (CLTV)*
• Available in 5-year, 10-year and 15-year terms

^*Combined Loan to Value: The total of all liens on your property divided by the value of your property. Subject to credit approval. Certain restrictions may apply. With qualified credit, loans may be approved up to 90% CLTV. Offer subject to credit approval.

Vehicle Loan

When you are in the market to purchase a vehicle, Peoples Bank can help. We offer fixed rates and financing for up to 100% of the purchase price* with a maximum term of 60 months* based on the year of the vehicle. 

* Peoples Bank policy offers  80% of purchase price for new vehicles and up to 100% of NADA (National Automobile Dealers Association) loan value for used. **Max term for consumer auto loans differs between new/used, but not year of the vehicle.

Student Loans

Peoples Bank works with ISL Education Lending to offer private loans to help you pay for college as well as refinance existing student loans. ISL Education Lending is a nonprofit organization with decades of student loan experience offering lower-priced loans.* ISL Education Lending offers:

• Loans for college students.
• A loan option for parents and family members who wish to borrow on behalf of a college student.
• Multiple student loan refinance options.

In addition, they offer multiple scholarship opportunities and free college planning tools to help students and families avoid overborrowing and plan smart for life during and after college.

*Note: All loans offered by ISL Education Lending are subject to credit approval. Before applying for a private loan, we encourage you to first complete the FAFSA, or Free Application for Federal Student Aid. You should also work with your college financial aid office to explore and exhaust all sources of student financial aid before seeking a private student loan. Peoples Bank is compensated by ISL Education Lending for the referral of student loan customers.