We'll go the extra mile to provide you with the financing you need to purchase a new or used vehicle.
Effective Date: Wednesday, August 21, 2019
|Down Payment||Term||APR||Monthly Payments |
per $1000 borrowed
|New Cars1||10%||5 Years||4.990%||$18.87|
|Used Cars1||20%||5 Years||4.990%||$18.87|
1 Annual Percentage Rate (APR) is subject to change and requires automatic payment from a Melrose Bank checking account. The interest rate for loans without automatic payment from Melrose Bank Checking Account will be increased .50%. The Maximum loan amount is based on the lower of the purchase price or the NADA retail value for average condition. Used Auto loans at these rates limited to model years 2017 & 2018. Contact us for rates & terms for model year 2015 & 2016 vehicles. Other restrictions may apply.
"Yesterday would have been my 1 year anniversary of my refinance with Melrose bank... I am thankful every day to be in my house and you and everyone else who worked with me were so helpful and kind during an exceptionally difficult time. I deeply appreciate all your help - it has truly meant so much!"