Feeling like a number?
Tired of listening to an
automated system when contacting a giant financial institution?
Do they just throw your loan application on a stack of
others that have to get approval in another part of the
country? A locally owned bank means personal customer service.
Give us a call, email us, or just stop in and we'll be
happy to talk with you about your financial dreams. Maybe
you want to start a new business, purchase a new home,
or remodel an existing one. If you can dream it, we can
help you make it happen.
::Current Loan Rates::
Mortgage Loans - Apply
Your home may be the largest investment you make in your
lifetime. With a confusing maze of products and programs
available to borrowers, the entire process can seem overwhelming.
Central Bank can help take the worry out of applying for
a mortgage by walking you through the process. Using our
loan calculators will help you determine the appropriate
price range in searching for that perfect home. The next
step includes considering which type of mortgage plan may
be right for you:
- Fixed Rate Mortgage Loans offer a locked-in
rate for the life of the loan. You can count on the same
monthly fixed principal and interest payment. Typical loan
terms range from a 15, 20 to 30 year fixed rate mortgage.
- Adjustable Rate Mortgage (ARM) Loans are
a source of financing typically offered for special use
properties, when rates are expected to decline, or when
the borrower expects to reside in the property for a short
- CentralCHOICE Home Equity Line of Credit gives
you the flexibility to assist with any short-term borrowing
needs you may have. CentralCHOICE is a personal line of
credit determined by the current equity in your home. Use
your home equity line for college tuition, home improvements,
big purchases, or even to consolidate debts. The interest
may be tax deductible, however we suggest talking with
your tax advisor to see how CentralCHOICE can benefit you.
Rural Development Guarantee Loan Program offers 100%
financing for the purchase of a primary residence to qualified
borrowers. Talk with one of our loan officers to determine
if you are eligible for this program.
--Lenders in your area--
Bank NMLS: 579222
||Mortgage Lending Officers
||Mortgage Lending Officer
||Phone: 815-589-3232 or Toll Free 800-828-8941
||Mortgage Lending Officers
can also submit a request and
we will have one of our lenders contact you. Making the
mortgage process worry-free is our goal at Central Bank.
Consumer Loans - Apply
Everyone has a need for extra money now and then. When you
do, see Central Bank and discover how easy and fast it is
to apply and receive your answer. We make personal loans,
auto loans, boat loans, debt consolidation, lines of credit,
and much more. For your convenience, payments can be automatically
transferred from your Central Bank account.
- Auto Loans are available when you're
ready for that new car. Use our Auto Loan calculator to
find out just how much car you can afford to drive. If
you are considering leasing your vehicle, click on our
Buy or Lease an Auto Calculator to assist you with your
decision. You may also click on the NADA Official Used
Car Guide to assist in determining the value of your trade.
- Personal Loans are available for personal,
family, household or even unexpected emergencies to help
you out fast. Our Loan Calculator will help you plan and
determine an approximate payment amount.
- Protect your credit rating with a pre-authorized line
of credit. An Overdraft Protection Line of Credit will
cover those inadvertent overdrafts, pay the checks presented,
and retain your good credit standing. Flexible repayment
terms are established for your line of credit.
|When you need a consumer loan or wish to establish
a line of credit, call or submit a request.
We'll give your request the attention it deserves.
Many partnerships have been created between Central Bank
and area farmers since 1907. With our many years
of experience, our loan officers and board of directors make
loan approvals right here. Whether your farm operation
includes livestock and/or crop production, our lenders work
to structure loan terms to fit the needs of your operation.
- An Operating Line of Credit can be established
to keep your operation running smooth at all times. This
line of credit makes it easy to budget and handle the ongoing
expenses for your ag needs.
- Our Real Estate Loan packages offer
you convenient terms and payment options when you're ready
to refinance or purchase additional farm ground.
|Farmers enjoy flexible terms and competitive
rates to help them succeed. Contact our Ag Lenders or submit
a request for more information.
Our commercial lenders offer the financial experience and
long term planning to help your business grow. Whether you're
beginning a new venture or growing a current one, Central
Bank has the right business tools for success.
- Whether you are starting a new business, expanding, or
want to refinance, Commercial Real Estate Loans are
available to match your need.
- We can provide you with an Operating Line of
Credit to assist with cash flow needs and projections.
- Term Loans can help you with short-term
capital purchases and keep your business operating smoothly.