SuperMoney

CharterBank

in Personal Bank Accounts

Unaffiliated Visit Site

CharterBank

Unaffiliated

in Personal Bank Accounts

SuperMoney Net Recommendation Score -50% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Mostly not recommended

1 users recommend
1 users are unsure
4 users don't recommend
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Overview

Charter Bank is a community bank with headquarters in West Point, Georgia. It was founded in 1954 with the main purpose of providing residential loans to first-time homebuyers. Today, Charter Bank continues to specialize in residential loans but is a full-service bank that accepts deposits, makes secured and unsecured loans, and offers a wide range of investment options.

How Does It Work?

Charter Bank provides low interest personal loans to qualified account holders. Charter Bank doesn't have an online application form, so your first step should be to call or visit your closest branch. If your loan is approved, funds will be deposited in your Charter Bank account or wired to another account for a $20 fee.

What Are CharterBank's Loan Interest Rates?

Charter Bank does not have a range of rates based on creditworthiness. Instead, it offers a single rate of 5% to eligible borrowers. If you set up automatic payment from your Charter account, you will receive an additional 0.5% discount.

How Much Money Can I Borrow?

Loan amounts range from $1,000 to $10,000 and the maximum loan term is 36 months. If you borrow $10,000 with a loan term of 36 months, your monthly payment will be $300.

What Is The Application Process Like?

There isn't an online application form so you'll have to call in or visit your closest branch to get file your loan application. Charter's application process is fast and straightforward. If you have all the documentation you should have a reply within 24 hours.

How Is It Better Than Other Lenders?

Charter Bank offers personalized customer care, a simple and fast application process and very competitive interest rates on personal loans. Your credit score needs to be good to excellent. You must also have an account with Charter Bank for at least six months before applying for a personal loan.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  • 1233 OG Skinner Dr
    West Point, GA 31833 USA
  • Visit Site

Availability

Available in 3 States
  • Alabama
  • Florida
  • Georgia

Feature Breakdown

Online Bill Pay
$0
In-Network ATM Fee
$0
Early Account Closure
$25
Returned Deposit Fee
$10
Lost Debit Card Fee
$5
Stop Payment Fee
$32
Check Copy
$5
Bank Transfer (National)
$20
Bank Transfer (International)
$50
Overdraft Item Fee
$28.95
Overdraft Protection Fee (per transfer)
$10
NSF Fee
$28.95
Monthly Fee
$5
Paper Statement Fee
$3
Out-of-Network ATM Fee
$3
Bauer Financial A+/A Rating
APY
Starting at
0.05%
Savings Interest Rate
Starting at
0.04%
Checking Interest Rate
Starting at
0.05%
Checking
IRAs
Savings
CD Accounts

Reviews

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