Whatever your borrowing needs, Mascoma Bank’s flexible financing options can help you achieve your goals.
Mascoma Bank offers competitive rates and a variety of loan terms to fit almost any need; with our digital banking, you can make automatic payments, transfer payments, see your balance, and contact a member of our customer care team with any questions.
Auto Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Auto/Truck 2024-2025 – New | ||||
|
Auto/Truck 2024-2025 – New
|
7.190% | 8.016% | $19.89 | 60 |
| Auto/Truck 2023-2024 – Used | ||||
|
Auto/Truck 2023-2024 – Used
|
7.490% | 8.320% | $20.03 | 60 |
| Auto/Truck 2021-2022 – Used | ||||
|
Auto/Truck 2021-2022 – Used
|
7.790% | 8.619% | $20.18 | 60 |
| Auto/Truck 2019-2020 – Used | ||||
|
Auto/Truck 2019-2020 – Used
|
8.090% | 9.111% | $24.46 | 48 |
| Auto/Truck 2018 and older – Used | ||||
|
Auto/Truck 2018 and older – Used
|
13.290% | 14.658% | $33.83 | 36 |
VSI (Vendor Single Interest Insurance) is required on all loan types listed above, when the loan amount is greater than $2,000. The VSI fee is $50.00.
Rates effective September 24, 2024
APR = Annual Percentage Rate
APR is based on a $5000 loan
APR includes one-time processing fee of $99.00
Rates are subject to change without notice
All rates and terms are subject to Mascoma Bank Underwriting Guidelines
Classic Collector programs available for vehicles 15 years and older. Terms and conditions may apply.
Motorcycles, ATVs, Snowmobiles, Campers, Boats
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2024-2025 – New | ||||
|
2024-2025 – New
|
8.490% | 9.324% | $20.51 | 60 |
| 2023-2024 – Used | ||||
|
2023-2024 – Used
|
8.790% | 9.627% | $20.66 | 60 |
| 2021-2022 – Used | ||||
|
2021-2022 – Used
|
9.490% | 10.522% | $25.12 | 48 |
| 2019-2020 – Used | ||||
|
2019-2020 – Used
|
11.190% | 12.542% | $32.83 | 36 |
| 2018 & Older – Used | ||||
|
2018 & Older – Used
|
13.290% | 14.658% | $33.83 | 36 |
VSI (Vendor Single Interest Insurance) is required on all loan types listed above, when the loan amount is greater than $2,000. The VSI fee is $50.00.
Rates effective September 24, 2024
APR = Annual Percentage Rate
APR is based on a $5000 loan
APR includes one-time processing fee of $99.00
Rates are subject to change without notice
All rates and terms are subject to Mascoma Bank Underwriting Guidelines
Campers, Motorhomes, Boats over $10,000
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2019 – 2025 | $10,000 – $24,999 | ||||
|
2019 – 2025 | $10,000 – $24,999
|
8.690% | 9.148% | $12.50 | 120 |
| 2019 – 2025 | $25,000 – $49,999 | ||||
|
2019 – 2025 | $25,000 – $49,999
|
8.390% | 8.722% | $9.78 | 180 |
| 2019 – 2025 | $50,000 and Up | ||||
|
2019 – 2025 | $50,000 and Up
|
7.890% | 8.217% | $9.49 | 180 |
VSI (Vendor Single Interest Insurance) is required on all loan types listed above, when the loan amount is greater than $2,000. The VSI fee is $50.00.
Rates effective September 24, 2024
APR = Annual Percentage Rate
APR is based on a $5000 loan
APR includes one-time processing fee of $99.00
Rates are subject to change without notice
All rates and terms are subject to Mascoma Bank Underwriting Guidelines
Consumer Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Unsecured | ||||
|
Unsecured
|
13.290% | 14.165% | $22.90 | 60 |
| Apply Now | ||||
| Overdraft Protection | ||||
|
Overdraft Protection
|
18.000% | 18.000% | $50.00 | 60 |
| Apply Now | ||||
| Deposit Secured Loan | ||||
|
Deposit Secured Loan
Deposit accounts must be held at Mascoma Bank and the deposits must be greater than or equal to the amount requested.
|
5.790% | 6.606% | $19.24 | 60 |
| Apply Now | ||||
Rates effective September 24, 2024
APR = Annual Percentage Rate, APR is based on a $5000 loan, APR includes one-time processing fee of $99.00
Rates are subject to change without notice.
All rates and terms are subject to Mascoma Bank Underwriting Guidelines
Overdraft Protection annual fee is $25. Processing fee waived for Overdraft Protection, Transfer fee for Overdraft Protection – $5.00