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.
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