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Important Notice
UB Bancorp, the holding company for Union Bank, has agreed to merge with FNB Corporation. Read the Press Release HERE.

Personal Loans

What Are Personal Loans?

A personal loan is money you borrow from a bank or other financial institution that you pay back in fixed monthly installments. They can be secured or unsecured; a secured loan requires collateral and typically has a lower interest rate, while an unsecured loan does not but has a higher interest rate.

Securing a personal loan from Union Bank has several advantages, including:

  • Customizable loans: From $3,000 to $100,000 and flexible terms from 12 to 84 months. Client to provide more specific details
  • Competitive rates: Fixed interest rates for qualified customers.

What Are Personal Loans Used For?

You can use a personal loan for almost any financial need or life event, including consolidating debt, starting a business, performing home improvements, and even paying for a wedding or vacation. 

Explore the types of personal loan options that Union Bank offers:

Should You Take A Personal Loan or Use Your Savings?

When funding a large purchase, you may be split between paying cash or borrowing money. Both options have pros and cons, and ultimately, the decision may come down to the amount needed and your comfort with dipping into your savings or taking on debt. Talking with a lending specialist can help you choose the right option for your financial needs.

Apply for a Personal Loan from Union Bank

Personal loans can help you finance big purchases or consolidate debt. Contact a Union Bank lending specialist at your local branch to get started. We’ll work together to secure the terms, interest rate, and payments that are right for you.