Consumer Loans

Community Resource Bank can provide you with a personal loan to fulfill most any need. Whether you are in the market for a different car or truck, take a well-deserved vacation, or plan on making some home improvements, we have the loan for you at competitive rates. If you would like to estimate your payments, a calculator is available for your use. Applying for a personal loan is easy. Stop in or call one of our convenient locations at 800-250-8420.

Home Equity

A Home Equity Loan at Community Resource Bank is available with the convenience of a line of credit, or with set monthly payments to be repaid over a pre-determined period of time. A Home Equity Line of Credit allows you the flexibility to borrow as often as you need money up to a pre-determined limit, make payments to reduce the balance, and re-borrow over again. A Home Equity Term Loan makes money available to you one time and is repaid in convenient monthly payments to fit your financial needs.

Either way, the loan terms will be fashioned to fit your personal financial needs, and the interest you pay may be tax deductible. Contact your tax advisor for details.

Car, Boat and Motorcycle Loans

When you’re in the market for a car, boat, motorcycle, snowmobile or RV, you need great rates and convenient terms. Choose a lender who can respond quickly to your financing needs. Community Resource Bank makes financing simple and efficient.

Loan Application Checklist

There are two ways you can apply for a loan through Community Resource Bank:

  • Stop by any CRB location and talk with a lender
  • Download an application from the apply now box at your right

You will be asked to provide these items in addition to your loan application:

  • Copy of current driver’s license or photo ID
  • Proof of income
    • If employed, two recent pay stubs
    • If self-employed or paid by commission, copies of last 2 years signed federal income tax returns (personal and business) including all schedules
    • Proof of child support or spousal support payments for the last 12 months (if you wish this income to be considered for your loan.)

For home equity loans and lines of credit, please also provide:

  • Most recent property tax statement
  • Annual homeowners insurance (premium and insurance agent/company information)

All loans are subject to credit approval, acceptable collateral and available equity.  Community Resource Bank loans are available to residents located in the State of Minnesota.

Contact us for current rate information by calling 800-250-8420.