Consumer Loan Rates

*Introductory 5.99% Annual Percentage Rate (APR) effective as of 3/10/25, is fixed for twelve months from the date of closing. After that date, the APR becomes a variable rate adjusted monthly based upon the Prime Rate, as published in the Wall Street Journal on the first business day of each month minus 0.50% for the remainder of the term of the line. Offer is available for new Home Equity Lines of Credit at Dean Bank. Not available for refinances. A minimum initial advance of $20,000.00 is required to participate in this program. After the first 12 months, rates are subject to change monthly and may increase after consummation. The maximum APR is 18% and the minimum is 4.75%. As of 12/19/24 Prime Rate was 7.50% which would result in an APR of 7.00%. Early Termination Fee of $890.00 if closed within 24 months. The promotional rate is for owner-occupied properties only and not investments. If the borrower does not advance $20,000.00 at closing the Standard interest rate will be Prime, currently 7.50%, minus 0.50%. Standard closing costs are waived. Any fees above the standard fees are the responsibility of the borrower. Property insurance will be required.

¹The interest rate is currently based on the Wall Street Journal Prime Rate as published in the Wall Street Journal on the first business day of each month minus 0.50%. Rates are subject to change monthly and may increase after consummation. The maximum APR is 18% and the minimum is 4.75%.

² Annual Percentage Rate (APR) effective as of the date noted above. Minimum loan amount is $10,000. Maximum loan amount cannot exceed 80% of the home’s current appraised value less any existing mortgage liens. If loan is higher than $250,000, a full appraisal is required. Offer applies to new loans only and is valid on owner-occupied 1-2 family residential properties and 1 unit second homes. Homeowners insurance is required. Flood insurance may be required. Monthly payment example for a $10,000 loan is $80.60 for 240 months at 7.50% APR. Payments will not include taxes or insurance; these will be the responsibility of the borrower. No closing costs (unless a full appraisal is needed or other fees are required outside of standard bank fees). Subject to our normal credit approval requirements. Offer is subject to change without notice.

³Annual Percentage Rate (APR) effective as of 12/6/23 and reflects a 0.25% reduction based on required automatic payment from a Dean Bank checking account.  Subject to change without notice. Rates are lowest available for term and collateral type listed, based on credit worthiness and assumes 10% down payment. For all terms, other rates and terms available. Your actual rate may vary based upon individual credit score. 24 months = 24 payments. 36 months = 36 payments. 48 months = 48 payments. 60 months = 60 payments.  72 months = 72 payments.  84 months = 84 payments.  Commercial vehicles not eligible; other rates and terms apply for commercial financing and recreational vehicles (i.e. motorcycles, motor homes, boats, snow mobiles, quads, etc.). Actual rate may vary based upon individual credit score. No application fee. Existing Dean Bank vehicle loans are not eligible for this promotion.