AS YOU START THINKING ABOUT THE NEXT BIG STEP for your family or your business, it’s good to know that there are a range of financial options that may be just what you need to get moving – everything from credit cards and lines of credit to commercial loans and mortgages. Even better, you can count on M&F Bank to clearly explain all of your alternatives, and help you choose the best ones for you.
Finance the purchase of your next car or truck – or use the equity you have in a vehicle you’ve already paid off to secure a consolidation or other type of loan. (Minimum loan amount: $7,500)
TIME DEPOSIT SECURED LOANS
Use your time deposit account as collateral for a loan, and enjoy a more favorable rate on the loan while still earning interest on your deposits.
TIME DEPOSIT SECURED LINE OF CREDIT
Take advantage of this flexible borrowing tool so you’ll always have a ready source of funds for big projects like home improvement and unexpected expenses that arise.
Simplify your life by combining multiple loans into one, giving you a single monthly payment and maybe even a lower interest rate.
Easily pay for (and keep track of) online and real-world purchases — groceries, gas, meals, utilities, household items — and the extras that pop up: vacations, gifts and more.
Access what you need to handle unexpected expenses such as car repairs, major appliance purchases or other emergencies, and to stretch budgets to cover unexpected costs.