Current Interest Rates and Offerings

Consumer Loans

Minimum Loan Amount - $2,500. APR = Annual Percentage Rate. Information as of April 14, 2014. Rates and terms are subject to change without prior notice. All loans are subject to credit approval. Rates reflect discount for automatic payment deduction from your Suffolk County National Bank (SCNB) checking or savings account. See examples below. Add .25% to stated rate if no automated payment deduction plan is established. The actual rate and payment may vary and are determined by the product, term, loan amount and your credit qualifications.

Product

Interest Rate/APR
Up to 36 months

Interest Rate/APR
Up to 48 months

Interest Rate/APR
Up to 60 months

Personal/Motorcycle

9.50%

11.75%

12.15%

 

Example: If you borrow $10,000 on a personal or motorcycle loan for five (5) years and your payments are automatically deducted from your SCNB checking or savings account, our interest rate/APR of 12.40% is reduced to 12.15% and you will have sixty (60) monthly payments of $223.15.

Product

Interest Rate/APR
Up to 36 months

Interest Rate/APR
Up to 48 months

Interest Rate/APR
Up to 60 months

New & Used Auto 2014/2013

5.60%

5.60%

5.60%

Used Auto 2012/2011

6.10%

6.10%

6.10%

Used Auto 2010 & Older

6.60%

6.60%

N/A

 

Example: If you borrow $15,000 on a 2014/2013 new or used auto loan for five (5) years and your payments are automatically deducted from your SCNB checking or savings account, our interest rate/APR of 5.85% is reduced to 5.60% and you will have sixty (60) monthly payments of $287.24.

Product

Interest Rate/APR
Up to 60 months

Interest Rate/APR
Up to 120 months

Interest Rate/APR
Up to 180 months

New
Boat & Recreational Vehicle

6.75%

7.25%

7.50%

Used
Boat & Recreational Vehicle

8.25%

8.50%

8.75%

 

Examples: New Boat or Recreational Vehicle - If you borrow $20,000 for five (5) years and your payments are automatically deducted from your SCNB checking or savings account, our interest rate/APR of 7.00% is reduced to 6.75% and you will have sixty (60) monthly payments of $393.63. Used Boat or Recreational Vehicle - If you borrow $20,000 for five (5) years and your payments are automatically deducted from your SCNB checking or savings account, our interest rate/APR of 8.50% is reduced to 8.25% and you will have sixty (60) monthly payments of $407.88.

Ready to Apply? We make it easy. Just Apply Online using our secure loan application.

ADVANCHECK Line of Credit: Could you use a little cushion in your account?  ADVANCHECK may be for you.  See product highlights and rate information for complete details.

Mortgage and Home Equity Loans: Thinking of building, buying, refinancing or improving your home? Why not think about talking to us.  Click on product highlights or rate information for complete details.

SCNB Supports Our Troops. Click here for more information.

For rates and terms on other secured loans, please contact your local branch office.