Consumer Loan Rates

Rates are subject to change without notice.

Subject to individuals residing or working in Western or Central Massachusetts; or Northern or Central Connecticut. 

All Loans with an Asterisk (*) reflect a 0.250% interest rate discount as long as you maintain an automatic payment withdrawal from a new or existing Westfield Bank checking account. The account must be opened prior to the settlement of your loan. A Relationship Banking Notice will be given at the start of your application.

For more information, or to apply, contact a Consumer Loan Specialist at 413.568.1911 or 800.995.5734, apply online, or visit any of our convenient offices.

View our Financial Calculators here

Auto Loans

Product Description Interest Rate APR Payment Per $1,000 Apply
New 60 Months

4.000%* 4.102% $18.42 Apply Now
New 48 Months

4.000%* 4.126% $22.58 Apply Now
New 36 Months

4.000%* 4.166% $29.52 Apply Now
Used 60 Months
Model Years 2019-2022
4.000%* 4.102% $18.42 Apply Now
Used 48 Months
Model Year up to 2018
4.000%* 4.126% $22.58 Apply Now
Used 36 Months
Model Year up to 2017
4.000%* 4.166% $29.52 Apply Now

New car loans are only available on model year 2022 up to

  • 100% of the purchase price for loan amounts up to $50,000.
  • 90% of the purchase price for loan amounts up to $50,001 - $70,000.
  • 80% of the purchase price for loan amounts up to $70,001 or more

APRs based on 100% LTV

Pre-owned car loan maximum financing 2017-2022.

  • Model year 2017 has a maximum term of 36 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
  • Model year 2018 has a maximum term of 48 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
  • Model years 2019-2022 have a maximum term of 60 months, Lesser of 90% of the purchase price or 90% NADA Clean Retail

Personal Line of Credit

Annual Percentage Rate (APR) Minimum Loan Maximum Loan Annual Fee
18.00% $500 $2,500 $0

No annual fee. You only pay finance charges on the amount you borrow.

Recreational Vehicles

Product Description Interest Rate APR Payment Per $1,000 Apply
Motorcycle, RV & Boat Loans 12 Months 6.750%* 7.220% $86.41 Apply Now
Motorcycle, RV & Boat Loans 24 Months 6.750%* 6.997% $44.66 Apply Now
Motorcycle, RV & Boat Loans 36 Months 6.750%* 6.919% $30.76 Apply Now
Motorcycle, RV & Boat Loans 48 Months 6.750%* 6.879% $23.83 Apply Now

Motorcycle, RV and Boat APRS based on 80% LTV. 20% down payment required.

Pool and Spa Loans

Product Description Interest Rate APR Payment per $1,000 Apply
Pool & Spa 60 Months 5.250% 5.250% $18.99 Apply Now
Pool & Spa 48 Months 5.250% 5.250% $23.14 Apply Now
Pool & Spa 36 Months 5.250% 5.250% $30.08 Apply Now
Pool & Spa 24 Months 5.250% 5.250% $43.98 Apply Now
Pool & Spa 12 Months 5.250% 5.250% $85.72 Apply Now

90% of the purchase price with a maximum loan amount of $10,000. (Equity Loans or Equity Lines may be available for any loans over $10,000.)

APRs based on 90% LTV