Loan Services

Community Bank of Smith County offers a variety of personal and business loan services to assist with all your financial needs. Choose from the following to see an outline of the services offered: Consumer Loans, Home Loans, Construction Loans, Credit Card Services, or Business Loans.

Consumer Loans (Automobile, Boats, and Recreational Vehicles)

Finance new and used items up to six years old Flexible terms Competitive Rates Automatic Payment services from CBSC deposit account available Fast Approval Instant Loan closing - ability to close your loan within 15 minutes of approval on most consumer loans Death and Disability Insurance available*

Construction Loans (Residential Home Loans):
Loan decisions in 4 hours Loan closings in 7 days Nine months to complete home - allows more flexibility than the conventional six month loan Low interest rate during construction Origination Fee  No Discount Points  You pay interest only on the amount you have borrowed, not the total amount of the loan Title Insurance is not required on loans less than $500,000* Reduced closing cost when converting to permanent mortgage Permanent mortgage rates available with terms from 1-year adjustable to 30-year fixed  Other rates and terms available for speculative and commercial construction
Credit Card Services (MasterCard - Visa):
No annual membership fee 25 day grace period for all purchases Automatic travel accident insurance* Travel Discounts Travel Dividends Emergency Cash Eye wear discount Extended Warranty 90-Day Product Protection against direct physical loss or damage (some exclusions apply) Charge card unemployment, disability and life credit insurance available at an extra charge* Finance charge on credit purchases if new balances are not paid. New balance not being met will result in finance charge on unpaid average daily balance of credit purchases from the previous statement closing date and on new credit purchases from the date of posting to your account during the current billing cycle, and will continue to accrue until the closing date of the billing cycle preceding the date on which the entire New Balance is paid in full or until the date of payment if more than 25 days from the closing date. Cash Advances are treated as credit purchases.

 

Student Loans

Community Bank of Smith County teams with EdSouth to offer student loans to suit all loan needs. Simply click on www.edsouth.com and learn the basics of financing for your college education. You can learn about financial aid, get information on the career of your choice, take a virtual tour of the college campus of your choice and find out all about student loans. You can also view your account online! Let Community Bank of Smith County  help take the worry out of making your dream a reality!

*Insurance products: Are not FDIC Insured Are not a deposit of the bank Are not guaranteed by the bank May go down in value Are not insured by any government agency

For more information, email info@communitybankofsmithcounty.com