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General Personal Loans

Get the loan you need for anything you want.

When you need extra cash to achieve a specific goal, turn to the community bank in Massachusetts and Rhode Island that's known for taking the time to help you. Our Personal Loans can be used for any worthwhile purpose and feature flexible payment terms. We'll save you time and money with a quick online application process and competitive rates.

BankFive's Personal Loans provide the answer:

  • Borrow up to $5,000 through an unsecured loan
  • Flexible repayment terms up to 60 months
  • Fixed interest rate for the life of the loan
  • No prepayment penalty
  • No application fee, origination fee, or closing costs
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Special HELOC Offer

2.99% APR* Introductory rate for 12 months from date of funding. Wall Street Journal Prime Rate on a monthly float thereafter until maturity with a Floor of 3.25% APR*
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Subject to credit approval. Fees may apply. Personal loans are only available to residents of Massachusetts and Rhode Island.

Borrowing Resources
Learn about other loan options and check current rates.