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Personal Loan Rates

Effective Date: Thursday, Jul 7, 2022

APR*
14.75%

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Questions? Call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

*Annual Percentage Rates may change at any time without notice. Minimum loan amount is $1,000 and maximum loan amount is $25,000. Monthly payment amount on a $25,000 loan for 60 months at 14.75% Annual Percentage Rate is $591.47. The term of the loan is determined by the loan purpose and the anticipated source of repayment.

All loans are subject to credit approval.

Effective Date: Thursday, Jul 7, 2022

Account Type APR*
Passbook APY + 3.00%
Statement Savings APY + 3.00%
Certificate Loan APY + 3.00%

Apply Now 

Questions? Please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

*Rate may change at any time without notice. The loan rate on a passbook or statement savings loan is determined by adding 3.00% to the current Annual Percentage Yield (APY) on the passbook / statement savings account. The loan rate on a certificate loan is determined by adding 3.00% to the current Annual Percentage Yield (APY) on the certificate of deposit. Applicants can borrow up to 90% of the monies held on account with Bay State Savings Bank. Minimum loan amount is $1,000.00. The maximum interest rate is 18.00%. These loans are open-end and payable on demand. Repayment will be due in monthly installments. Monthly payment amounts will vary depending on your loan amount and interest rate.

All loans are subject to credit approval.