New Automobiles and Trucks

Obtain the financing you need to purchase a new car, truck or SUV.

  • Repayment terms up to 7 years
  • $500 minimum down payment required
  • Maximum loan amount $50,000 - minimum loan amount $5,000
  • Fixed interest rates
  • Vehicle must be registered and operated in the State of Maryland

Effective Date: Saturday, September 22, 2018

New Automobiles And Trucks

Term (Months)
APR
Monthly Payment
per $1,000 Borrowed
242.240%$42.65

Visit A Branch

362.490%$28.86

Visit A Branch

482.990%$22.13

Visit A Branch

603.490%$18.19

Visit A Branch

723.990%$15.64

Visit A Branch

844.490%$13.90

Visit A Branch

Maximum loan amount $50,000 - minimum $5,000. Minimum down payment of $500 required. Vehicles greater than 6 months old are considered used. Age of vehicle, plus loan term cannot exceed ten (10) years. Vehicle must be registered and operated within the State of Maryland. Security Interest Filing with MVA and full insurance coverage with Arundel Federal as the loss payee are required. Auto debited payments are eligible for lower rates, please inquire for details. APR = Annual Percentage Rate.

Used Automobiles and Trucks

Loans are available for the purchase of a previously owned car, truck or SUV.

  • Repayment terms up to 7 years
  • Maximum loan amount $50,000 - minimum $5,000
  • Age of vehicle plus loan term cannot exceed 10 years
  • Fixed interest rates
  • Vehicle must be registered and operated in the State of Maryland

Effective Date: Saturday, September 22, 2018

Used Automobiles And Trucks

Term (Months)
APR
Monthly Payment
per $1,000 Borrowed
242.615%$42.81

Visit A Branch

362.865%$29.02

Visit A Branch

483.365%$22.30

Visit A Branch

603.865%$18.36

Visit A Branch

724.365%$15.81

Visit A Branch

844.865%$14.07

Visit A Branch

Maximum loan amount $50,000 - minimum $5,000. Vehicles greater than 6 months old are considered used. Age of vehicle, plus loan term cannot exceed ten (10) years. Vehicle must be registered and operated within the State of Maryland. Security Interest Filing with MVA and full insurance coverage with Arundel Federal as the loss payee are required. Auto debited payments are eligible for lower rates, please inquire for details. APR = Annual Percentage Rate.

New and Used Boats

Flexible loan options are available to finance new or used boats.

  • Repayment terms up to 10 years
  • Maximum loan amount $40,000 - minimum loan amount $3,000
  • Minimum down payment of 35% (new boat) or 40% (used boat) is required based on the lesser of the book value or purchase price
  • Vessel must be less than 11 years old
  • Fixed interest rates
  • Marine survey required
  • Vessel must be registered and operated in the State of Maryland

Effective Date: Saturday, September 22, 2018

New And Used Boats

Term (Months)
APR
Monthly Payment
per $1,000 Borrowed
606.75%$19.68

Visit A Branch

1207.25%$11.74

Visit A Branch

Maximum loan amount $40,000 - minimum $3,000. Minimum down payment of 35% (new boat) or 40% (used boat) is required based on the lesser of book value or purchase price. Vessel must be registered and operated within the State of Maryland. Security Interest Filing with DNR and full insurance coverage with Arundel Federal as the loss payee are required. APR = Annual Percentage Rate.

Personal Loans

Cover a variety of costs with an unsecured personal loan.

  • Unsecured
  • Repayment terms up to 3 years
  • Borrow from $500 to $5,000

Effective Date: Saturday, September 22, 2018

Personal Loan

Maximum Term
(Months)
APR
Monthly Payment
per $1,000 Borrowed
3612.00%$33.21

Visit A Branch

Minimum loan amount $500 - Maximum $5,000. Maximum loan term is 3 years. Loans of $3,500 or less are subject to shorter terms. Call 410-768-7800 for details. Monthly payment per $1000 borrowed at 12% for 36 months is $33.21.
APR = Annual Percentage Rate.

SUBJECT TO CREDIT APPROVAL

Overdraft Line of Credit

Protect your checking account from the hassle and fees associated with overdrafts.

  • Attached directly to your checking account
  • Save money since overdrafts paid under your overdraft line do not incur overdraft or NSF fees
  • Saves embarrassment since checks are not returned while there is an available amount remaining in your overdraft line
  • Pay interest only while your overdraft line is in use
  • Easily apply at any one of our branches

STATEMENT OF LOAN POLICY

Arundel Federal Savings Bank has established a policy of making sound loans to qualified applicants without regard to race, color, national origin, religion, sex, marital status, age, handicap, familial status, the receipt of public assistance, the borrower's good faith exercise of rights under the Consumer Credit Protection Act or the age or location of the dwelling (where applicable).

EQUAL CREDIT OPPORTUNITY ACT NOTICE

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, marital status, age (provided that the applicant has the capacity to enter into a binding contract), sex, handicap or familial status (having children under the age of 18), because all or part of the applicant's income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with the law concerning this lender is below:

Office of the Comptroller of the Currency, Customer Assistance Group,
1301 McKinney St., Ste. 3450, Houston, TX 77010. 800-613-6743