Secured Loans

For Autos, Boats, RV's and More

Customers who either do not have equity in a home or who don't want to use that equity as collateral for a loan often choose secured loans for major purchases. Whether you are thinking about a new car, a boat, or a recreational vehicle, you can either secure the loan with the consumer goods purchased, or with a Kennebunk Savings Bank Passbook Savings Account, Certificate of Deposit, or publicly traded stocks held in your name. These loans are normally for a fixed term.

Car Loans
There are several loan options available to you for new and used vehicles.

Boats & RVs
These loans can be used for new and used boats, and all types of self-contained recreational vehicles.

Recreation
You can borrow for new and used travel trailers, snowmobiles, tractors, and more.

Stock
Do you own stock? You can get a loan of up to 70% of the value of your stocks when you secure your loan with stocks. (1)

Passbook Savings / Certificate of Deposit
It's been called the most cost effective way to borrow funds. At Kennebunk Savings you can borrow up to 100% of the value of your Kennebunk Savings Bank passbook or Certificate of Deposit.

To request an application, please contact Customer Care at 1-800-339-6573, send us a secure email, or stop by your local banking office.

1. Stocks must be publicly traded and listed on a major stock exchange to qualify.

Kennebunk Savings Bank is a true community bank. We do not lend beyond Maine or New Hampshire. We generally do not make loans outside of York County and Cumberland County, Maine, and the seacoast areas of New Hampshire.

Loan applicants must be age 18 or older, per Maine State Law. Some minimum loan amounts may apply.