Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.

People's Bank of Commerce

Online Banking Login

grey close olb and find iconred close olb and find icon

People’s Bank has loan programs available for everything from car loans to boat loans, RVs, personal loans and lines of credit.  If you currently have a checking or savings account with People’s Bank, or choose to move your current consumer loan from another institution to People's Bank, we may not charge loan fees based on the type of loan program.  If you are not currently a customer with People’s Bank, but choose to open an account with us, we may waive the loan fees for you too, depending on the type of loan you are applying for.  Plus, many of our personal and consumer loans qualify for ¼% rate discount with auto pay from a People’s Bank account.





Accordion 1
Home Equity Loans & Credit Lines
  • Home Equity Loans – Up to 15 years of financing available
  • Home Equity Lines of Credit – Financing available up to 10 years
Accordion 2
Consumer Loans & Credit Lines
  • Auto – Finance for up to six years new and 5 years used
  • Recreational Vehicle – Up to 15 years of financing available
  • Boat – Financing available for up to 10 years
  • Personal Loans – Up to four years of financing available
  • Personal Lines of Credit – Financing available for up to five years
  • Certificate of Deposit and Savings Secured Loans
Accordion 3
Home Lot & Construction Loans

Finance the purchase of a lot for the Construction of a home (permanent financing also available).


Accordion 4
Auto Loans
Type
Rate
APR
Term
Loan Fee
New-4 yr.
6.50%
7.187%
Up to 36 Mos.
$100
New-4 yr.
6.50%
7.024%
Up to 48 Mos.
$100
New-4 yr. 6.50% 6.927% Up to 60 Mos.  $100
*New 6.75% 6.992% Up to 72 Mos. $100
5 yr. - 7yr 7.25% 7.779% 48 Months $100
8yr-Older 8.00% 8.532% 48 Months $100

  • Annual Percentage Rate (APR) assumes loan fee financed
  • APR based on $10,000 financed for appropriate term
  • *APR based on $15,001 financed for 72 months
  • New Vehicles-Maximum loan amount 80% of purchase price and not to exceed invoice amount
  • Used Vehicles- Maximum loan amount 100% of Kelly Blue Book Private Party Average value minimum down payment is 20% of purchase price
  • ¼% discount for automatic payment from People's Bank account

72-Month Term Guidelines

New vehicles only
Minimum financed is $15,001
Minimum Down payment is 20% of purchase price

Accordion 5
Recreational Vehicle
Type
Rate
APR
Term
Loan Fee
New/Used
7.25%
7.468%
Up to 60 Mos.
$100
New/Used
7.625%
7.743%
61 to 120 Mos.
$100
New 8.25% 8.287% 121 to 180 Mos. $100
  • Annual Percentage Rate (APR) assumes loan fee financed
  • APR based on $20,000 financed for maximum term
  • New-Maximum loan amount 80% of purchase price and not to exceed invoice amount
  • Used- Maximum loan amount not to exceed Kelly Wholesale Average value and minimum 20% down payment
  • 1/4% discount for automatic payment from People's Bank account

180-Month Term Guidelines

New vehicles only
Minimum financed is $50,001
Minimum Down payment is 20% of purchased price

Accordion 6
Boat Loan
Type
Rate
APR
Term
Loan Fee
New/Used
7.25%
7.679%
Up to 60 Mos.
$100
New/Used
7.625%
7.857%
61 to 120 Mos.
$100

  • Annual Percentage Rate (APR) assumes loan fee financed
  • APR based on $10,000 financed for appropriate term
  • New Boats- Maximum loan amount 80% of purchase price and not to exceed invoice amount
  • Used Boats- Maximum loan amount 100% of Kelly Wholesale Average value and minimum 20% down payment
  • 1/4% discount for automatic payment from People's Bank account
Accordion 7
Personal Loan
Rate
APR
Term
Loan Fee
10.00%
11.361%
36 Mos.
$100
10.00%
11.050%
48 Mos.
$100

  • Annual Percentage Rate (APR) assumes loan fee financed
  • APR based on $5,000 financed for appropriate term
  • 1/4% discount for automatic payment from People's Bank account
  • Can be secured or unsecured
  • Loan fee of $100
Accordion 8
Personal Lines of Credit
Rate
Limit
Term
Annual Fee
Loan Fee
Repayment Rate Adjustment
Prime Rate + 5.00% ($1,000 - $3,000) Prime + 3.00% (over $3,000)
$1,000 and over
5 years
$50
$100
2% of Outstanding Balance - $50 Min.
Rate adjusts monthly on 1st of each month,
maximum change per adjustment 1.0%


The Annual Percentage Rate (APR) will vary at Prime Rate as published in the Wall Street Journal.  As of February 24, 2010, the variable rate for lines of credit is Prime + 3.00% (6.41% APR, based on $25,000 loan amount).  Maximum cap rate is 18.00% APR.


Mature woman speaking with a younger adult

CAREERS

Experience a better career path
Man on farm standing near fence

PERSONAL CHECKING

That fits your lifestyle
Person holding a People's Bank card in one hand and mobile phone in the other

CREDIT CARDS

Spend safely and conveniently

Thanks! We'll be in touch.