Loans ⁄ Products

Loan Products

Personal Loans

When you’re considering the purchase of a vehicle, have educational expenses, or just need a personal loan, contact Bank of Salem. Flexible repayment terms and competitive rates are available to existing or new customers.

Agriculture Loans

The area farming industry is important to the Bank of Salem. We offer loans to purchase equipment, livestock or make improvements to existing farming operations.

Residential Loans

Buying or refinancing a home is one of the biggest financial decisions you’ll ever make. With long term financing available, Bank of Salem’s knowledgeable and friendly loan staff can help find the loan that is right for you.

Construction Loans

If building a house is in your plans, Bank of Salem can provide financing. Our lending representatives offer fast, friendly service to assist you in building your new home.

Home Improvement Loan

A new addition to your home, or an updated kitchen or bath may be in your plans. Bank of Salem can help finance your home improvement through a variety of loan types. You may choose from personal loans (secured by an existing asset), home equity loans or a refinance.

Commercial Loans

Funds to improve your business are available at Bank of Salem. Loans may be structured to suit your business needs, including lines of credit that allow you to advance and repay funds as needed.

Ask a Bank of Salem loan representative for details today! To apply for lending services, contact Bank of Salem or call 870-895-2591 to speak to a member of our loan team.