Personal Loans / Lines
Personal Online Application Automobile Loan Application

Overdraft Line of Credit

  • No application fee
  • Automatically accessed when checking account is overdrawn
  • Amounts available from $500.00 - $1,000.00
  • Annual Percentage Rate (APR) is Wall Street Journal Prime + 4%
  • Monthly statement
  • Overdraft funds in increments of $50.00
  • Minimum monthly payment is 1% of outstanding balance plus interest

Automobile Loan (New and Used)

  • On-Line application available
  • Competitive rates
  • .50% reduction with automatic payment from  Malvern Federal Checking Account
  • Vehicle must be purchased from dealer. No private purchase transactions.
  • Maximum Loan to Value (LTV) 100% including taxes and tags.

 

Unsecured Personal Loan

  • On-Line application available
  • Terms from 12 - 60 months
  • Amounts from $2,000.00 - $25,000.00
  • .25% reduction with automatic  payment from Malvern Federal Checking Account

 

 Consolidation Loan

  • On-Line application available
  • Combine high interest debit into one convenient  low payment
  • Not a Home Equity Loan
  • Terms to 60 months
  • Amounts from $10,000.00 - $50,000.00
  • Automatic  payment from  Malvern Federal Checking Account required

 

Rate Saver Line of Credit

    • On-Line application available
    • Revolving unsecured line of credit
    • Minimum monthly payment of 1% of outstanding balance plus interest
    • Amounts from $2,000.00 - $10,000.00
    • Rate based on Wall Street Journal Prime + 5.00% monthly with automatic payment from qualified MFSB checking account

 

  

Pledged Secured Loan

  • Uses deposit accounts as collateral
  • Maximum term of 60 months
  • Up to 90% of account balances may be collateralized
  • IRA accounts not eligible

 

 
 
Bookmark and Share FDIC