Peoples Exchange Bank

Personal Loan Products

Peoples Exchange Bank offers a full portfolio of personal loan products. From vehicles to homes we can create a loan relationship with you that meets your needs.

Vehicle and Personal loans

Competitive pricing and repayment structures that meet your budget are as important to us as they are to you. Our strategy includes establishing your loan payments to coincide with your income to alleviate payment stress on you. Our success as your bank is directly proportionate to your success with your loans. You can receive a .25% discount on your rate when you have your personal loan payments automatically withdrawn from a Peoples Exchange Bank checking or savings account. To apply for a personal loan, print out this Consumer Credit Application, complete it in detail and bring it by any of our locations.

Mortgage Loans

Adjustable Rate Mortgage Loans 

Our adjustable rate mortgage loans assure you the personal attention of our customer oriented lending staff. From receiving and processing your regular payments to answering questions about your loan itself, your adjustable rate loan will remain at Peoples Exchange Bank and will be serviced by our qualified staff. Competitive rates can be locked in for one, three and five year periods and built-in interest rate caps protect you from any wild swings in the interest rate environment during the life of your loan. Establishing an adjustable rate mortgage often carries lower closing costs and allows more flexibility in our underwriting and servicing standards. Click here to learn more about home loans and to complete your application online.

Home Construction and Remodeling Loans 

If you are considering building a new home or making considerable improvements to your existing loan, Peoples Exchange Bank can help you with the financing! Establishing a multiple advance loan secured by your home allows you to draw down funds as you actually need them to pay for construction expenses and you only pay interest on the funds that you actually have borrowed. Click here to learn more about home loans and to complete your application online.

Fixed Rate Mortgage Loan 

At a time when home loan rates are low, a fixed rate mortgage may be the loan you are looking for. If local servicing of your loan is important to you, our fixed rate program may be a good product for you. While recent mortgage lending events have tightened underwriting standards for these loans, many people with solid credit histories will find these loans to be a good fit for their needs. Click here to learn more about home loans and to complete your application online.

First Time Homebuyer Program 

If you are a first time homebuyer, we have a program that may help with up to $4,000 of your down payment, closing costs or rehabilitation costs. With qualification for the program based upon your adjusted gross income, this program can provide a “grant” of up to $4,000 which never has to be repaid if you stay in the home as your primary residence for five years. Additional conditions and terms apply so visit with any of our mortgage lenders for details.


Mortgage Loan Originator Identification Numbers

Mortgage Loan Officer           NMLS ID

James M. Koch                      618810

Randall A. Wise                     618813

Edmund Rudolph                  1213457


Credit Protection

Protect yourself and your family with credit insurance products such as credit life insurance that will repay a loan balance in the event of an untimely death.

Credit disability insurance can ease the financial burden when you are medically unable to work for an extended period by making your loan payments for you.


Visit our calculators page for various loan calculators. For additional loan and mortgage calculators visit our Peoples Choice Mortgage website by clicking here.