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MFSB-Personal Banking
MFSB - Personal Banking - Loans & Credit Lines - Installment Loans



Overdraft Line of Credit
Malvern Federal offers the added security of an overdraft credit line. Should you accidentally overdraw your checking account, you don't have to worry about paying an overdraft fee or drawing on your savings account.
No application fee
Automatically accessed when checking account is overdrawn
Amounts available from $500 to $1,000
Annual Percentage Rate is Wall Street Journal prime plus 4%
Monthly statement
Overdraft funds adjusted in increments of $50
Minimum monthly payment is 1% of the outstanding balance plus interest
Automobile Loan (New and Used)
Online application available for this loan
Competitive rates
Prompt credit approval
.25% rate reduction with automatic payment from a Malvern Federal Checking account
Unsecured Personal Loan
Online application available for this loan
Terms from 12-48 months
Amounts from $2,000 to $10,000
.25% rate reduction with automatic payment from Malvern Federal checking account
Pledged Secured Loan
Uses deposit accounts as collateral
Maximum term of 5 years
Up to 90% of account balances may be collateralized
IRA accounts are not eligible

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