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Current Rates

Rates effective as of

PERSONAL LOANS & LINES

AUTO LOANS
Type of Loan Description Maximum Term Interest Rate APR1 Monthly Payment Per $1,000
New Auto or Truck Model Year 2019 (never been titled) 72 Months
60 Months		 3.790%
3.490%		 4.133%
3.896%		 $15.55
$18.19
Used/Refinance Auto or Truck Model Years 2016-2018
Model Years 2016-2018
Model Years 2012-2015
Model Years 2009-2011
           		 72 Months
60 Months
48 Months
36 Months		 3.990%
3.750%
3.890%
5.990%		 4.333%
4.157%
4.393%
6.659%		 $15.64
$18.30
$22.53
$30.41

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

1. Annual Percentage Rate(APR) based on an average loan of $15,000 with processing fee of $150.00. Automatic Transfer: All rates subject to an automatic transfer of monthly payments. Transfer can be from a Wayne Savings account or an account at another institution. Add 0.25% to rates for payments not automatically transferred.

AUTO LOANS
Type of Loan
New Auto or Truck
 
Description
Model Year 2019 (never been titled)
Maximum Term
72 Months
60 Months
Interest Rate
3.790%
3.490%
APR1
4.133%
3.896%
Monthly Payment Per $1,000
$15.55
$18.19
Type of Loan
Used/Refinance Auto or Truck
 
Description
Model Years 2016-2018
Model Years 2016-2018
Model Years 2012-2015
Model Years 2009-2011
Maximum Term
72 Months
60 Months
48 Months
36 Months
 
Interest Rate
3.990%
3.750%
3.890%
5.990%
 
APR1
4.333%
4.157%
4.393%
6.659%
 
Monthly Payment Per $1,000
$15.64
$18.30
$22.53
$30.41
 

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

1. Annual Percentage Rate(APR) based on an average loan of $15,000 with processing fee of $150.00. Automatic Transfer: All rates subject to an automatic transfer of monthly payments. Transfer can be from a Wayne Savings checking or an account at another institution. Add 0.25% to rates for payments not automatically transferred.

CONSUMER LOANS
Type of Loan Description Maximum Term Interest Rate APR2 Monthly Payment Per $1,000
Appliances and Furniture   36 Months 9.250% 10.285% $31.92
New Boats Up to 20 Feet
21 - 30 Feet
Over 30 Feet		 60 Months
84 Months
120 Months		 8.000%
8.500%
9.000%		 8.641%
8.977%
9.354%		 $20.28
$15.84
$12.67
Used Boats 1 - 2 Model Years Old
3 -7 Model Years Old
8+ Model Years		 36 Months
24 Months
No Consideration		 9.000%
10.000%
 		 10.034%
11.514%
 		 $31.80
$46.14
 
Recreational Vehicles (including motorcycles and ATVs) New
1 - 3 Model Years Old
4 - 7 Model Years Old
8+ Model Years		 60 Months
60 Months
48 Months
No Consideration		 6.990%
7.990%
9.500%
 		 7.625%
8.631%
10.295%
 		 $19.80
$20.27
$25.12
 
Secured Loans Monthly Installments 36 Months 10.250% 11.292% $32.38
Unsecured Loans Monthly Installments 24 Months 11.250% 12.771% $46.72
Note Loans3 $0 - $10,000
$10,001+		 6 Months
6 Months		 5.500%
5.250%		 8.607%
8.354%		  
 

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

2. Annual Percentage Rate (APR) based on an average loan of $10,000 with processing fee of $150.00 (with exception of Relationship Personal Unsecured Loan - see below). Automatic Transfer: All rates subject to an automatic transfer of monthly payments. Transfer can be from a Wayne Savings checking or an  account at another institution. Add 0.25% to rates for payments not automatically transferred.

3. Note Loans do not qualify for automatic transfer relationship rates.

Automatic Transfer: All rates subject to an automatic transfer of monthly payments. Transfer can be from a Wayne Savings account or an account at another institution.Add 0.25% to rates for payments not automatically transferred.

CONSUMER LOANS
Type of Loan
Appliances and Furniture
 
Description
 
Maximum Term
36 Months
Interest Rate
9.250%
APR2
10.285%
Monthly Payment Per $1,000
$31.92
Type of Loan
New Boats
Description
Up to 20 Feet
21 - 30 Feet
Over 30 Feet
Maximum Term
60 Months
84 Months
120 Months
 
Interest Rate
8.000%
8.500%
9.000%
APR2
8.641%
8.977%
9.354%
Monthly Payment Per $1,000
$20.28
$15.84
$12.67
Type of Loan
Used Boats
 
Description
1 - 2 Model Years Old
3 -7 Model Years Old
8+ Model Years
Maximum Term
36 Months
24 Months
No Consideration
 
Interest Rate
9.000%
10.000%
 
APR2
10.034%
11.514%
 
Monthly Payment Per $1,000
$31.80
$46.14
 
Type of Loan
Recreational Vehicles (including motorcycles and ATVs)
 
Description
New
1 - 3 Model Years Old
4 - 7 Model Years Old
8+ Model Years
Maximum Term
60 Months
60 Months
48 Months
No Consideration
 
Interest Rate
6.990%
7.990%
9.500%
APR2
7.625%
8.631%
10.295%
Monthly Payment Per $1,000
$19.80
$20.27
$25.12
Type of Loan
Secured Loans
 
Description
Monthly Installments
Maximum Term
36 Months
 
Interest Rate
10.250%
 
APR2
11.292%
 
Monthly Payment Per $1,000
$32.38
 
Type of Loan
Unsecured Loans
 
Description
Monthly Installments
Maximum Term
24 Months
 
Interest Rate
11.250%
APR2
12.771%
Monthly Payment Per $1,000
$46.72

Type of Loan
Note Loans3

Description
$0 - $10,000
$10,001+

Maximum Term
6 Months
6 Months

Interest Rate
5.500%
5.250%

APR2
8.607%
8.354%

 

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

2. Annual Percentage Rate (APR) based on an average loan of $10,000 with processing fee of $150.00 (with exception of Relationship Personal Unsecured Loan - see below). Automatic Transfer: All rates subject to an automatic transfer of monthly payments. Transfer can be from a Wayne Savings checking or an account at another institution. Add 0.25% to rates for payments not automatically transferred.

3. Note Loans do not qualify for automatic transfer relationship rates.

HOME EQUITY LOANS
Credit Score Limit Interest Rate5
80.01% - 90% LTV		 Interest Rate5
80% and Less LTV		 APR
80.01% - 90% LTV		 APR
80% and Less LTV
720 and Above  $5,000-$24,999  6.25%  5.75%  6.25%  5.75%
 $25,000-$49,999  6.00%  5.50%  6.00%  5.50%
 $50,000 and Above   5.75%  5.25%  5.75%  5.25%
 685-719  $5,000-$24,999  7.25%  6.75%  7.25%  6.75%
 $25,000-$49,999  7.00%  6.50%  7.00%  6.50%
 $50,000 and Above   6.75%  6.25%  6.75%  6.25%
 650-684  $5,000-$24,999  8.25%  7.75%  8.25%  7.75%
 $25,000-$49,999  8.00%  7.50%  8.00%  7.50%
 $50,000 and Above   7.75%  7.25%  7.75%  7.25%

 

 

 Prime Rate  5.25%
 Single Family Primary Residence/Owner Occupied Only
 Loan Origination Fee  $0
 Prepayment Penalty 1st 3 Years  $400
 Annual Fee - Assessed on anniversary date (waived the first year)  $75
 Addition to rate without auto deduct from Wayne Savings checking  0.25%
 Rate Ceiling   25.00%
 Rate Floor  5.25%
 Loan Term  25 years(Draw period of 10 years;repayment of 15 years)
 Minimum line amount  $5,000
Title insurance required and paid by customer if over $250,000 unless previous title policy provided  
 Full appraisal required and paid by customer with loan amounts over $250,000  
 Customer can request a full interior/exterior appraisal but will be charged $400 at closing
 Manufactured housing must meet criteria  Max LTV 80%
 *Must be converted to real estate on auditors card   
 *Must be double-wide  
 *Manufactured date of 1995 or newer  
 *Must be on permanent foundation  
 Investment property  Not Eligible

 

 

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

5. Variable Rate: Annual Percentage Rate (APR) may vary. Maximum Annual Percentage Rate (APR) of 25.000%, minimum Annual Percentage Rate (APR) of 5.25% (Prime Rate). The Annual Percentage Rates are variable and are based on The Wall Street Journal Prime.

Automatic Tranfer: All rates subject to an automatic transfer of monthly payments. This tranfer can be from a Wayne Savings account or an account at another institution. Add 0.25% to rates for payments not automatically transferred. 

Property insurance must be carried on the real property securing the account.

HOME EQUITY LOANS
Credit Score - 720 and Above
 
Limit
$5,000-$24,999
$25,000-$49,999
$50,000 and Above
Interest Rate 5 80.01% - 90% LTV
6.00%
5.75%
5.50%
Interest Rate5 80% and Less LTV
5.50%
5.25%
5.00%
APR
80.01% - 90% LTV
6.00%
5.75%
5.50%
APR
80% and Less LTV
5.50%
5.25%
5.00%
Credit Score - 685-719
 
Limit
$5,000-$24,999
$25,000-$49,999
$50,000 and Above
Interest Rate 5 80.01% - 90% LTV
7.00%
6.75%
6.50%
Interest Rate5 80% and Less LTV
6.50%
6.25%
6.00%
APR
80.01% - 90% LTV
7.00%
6.75%
6.50%
APR
80% and Less LTV
6.50%
6.25%
6.00%
Credit Score - 650-684
 
Limit
$5,000-$24,999
$25,000-$49,999
$50,000 and Above
Interest Rate 5 80.01% - 90% LTV
8.00%
7.75%
7.50%
Interest Rate5 80% and Less LTV
7.50%
7.25%
7.00%
APR
80.01% - 90% LTV
8.00%
7.75%
7.50%
APR
80% and Less LTV
7.50%
7.25%
7.00%

 

Prime Rate
5.00%
Single Family Primary Residence/Owner Occupied Only
Loan Origination Fee
$0
Prepayment Penalty 1st 3 Years
$400
Annual Fee - Assessed on anniversary date (waived the first year)
$75
Addition to rate without auto deduct from Wayne Savings checking
0.25%
Rate Ceiling
25.00%
Rate Floor
5.00%
Loan Term
25 years(Draw period of 10 years; repayment period of 15
Minimum line amount
$5,000
Title insurance required and paid by customer if over $250,000 unless previous title policy provided
$250,000
Full appraisal required and paid by customer with loan amounts over
$250,000
Customer can request a full interior/exterior appraisal but will be charged $400 at closing
Manufactured housing must meet criteria
*Must be converted to real estate on auditors card
*Manufactured date of 1995 or newer
*Must be on permanent foundation
Investment property
Not Eligible

 

 

All lending products are subject to credit review and approval

Rates subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

5. Variable Rate: Annual Percentage Rate (APR) may vary. Maximum Annual Percentage Rate (APR) of 25.000%, minimum Annual Percentage Rate (APR) of 4.750% (Prime Rate). The Annual Percentage Rates are variable and are based on The Wall Street Journal Prime.

Automatic Transfer: All rates subject to an automatic transfer of monthly payments. This transfer can be from a Wayne Savings checking account or an account at another institution. Add 0.25% to rates for payments not automatically transferred. 

Property insurance must be carried on the real property securing the account.

  • Margaret Jacobs
    Vice President, Consumer Lending Manager
    Phone: 330.287.2861
    NMLS #: 649388
    Contact
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