Personal
Count on GRB for loans that help you buy a car, pay for college, renovate your home – and so much more!
Flexible Lending Options Backed By Local Personalized Service
Checking and savings customers secure additional benefits when they take out a personal loan with GRB, including rate reductions, reduced or no closing costs, and unmatched personalized service.
Personal loans can be used to consolidate high-interest debt, cover unexpected expenses, or finance a major purchase. Having a clear understanding of why you need a loan can help ensure you are able to select the best option to use the loan effectively.
Using a personal loan wisely is a strategic financial decision that requires careful planning and consideration. Your GRB Relationship Banker can help you determine the best loan option for you.
Current Rates
Personal Loans
Loan Type |
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|---|
Personal secured‡ | ||||
New automobile secured loan^ | ||||
Used automobile secured loan | ||||
New boats, campers, and RVs^ | ||||
Used boats, campers, and RVs | ||||
Home Improvement unsecured loan | ||||
Personal unsecured | ||||
Personal unsecured |
* APR = Annual Percentage Rate. Prime = Wall Street Journal Prime Rate, which is 8.50% as of 3/27/2024. The APRs shown are current as of 3/27/2024 and are available to customers who have the credit scores required by GRB. All rates and terms are subject to credit qualification. Rates are subject to change without notice. Examples of monthly payments for various types of loans are as follows: The monthly payment for a new auto loan of $20,000 with an APR of 8.00% repayable over 60 months would be $405.53. The monthly payment for an unsecured personal loan of $10,000 with an APR of 14.25% repayable over 36 months would be $342.99. The monthly payment for a home improvement loan of $10,000 with an APR of 14.00% repayable over 60 months would be $232.68.
** A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
‡ Personal secured loans can be secured with GRB deposits or marketable securities. The bank will consider other sources of collateral, such as real estate, on a case-by-case basis.
^ New vehicles (cars, boats and RVs) are considered those within two years from the current model year or previously unregistered.
Current Rates
Personal Lines of Credit
Loan Type |
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|---|
Personal Secured‡ | ||||
Personal Unsecured^ | ||||
Personal Unsecured^ | ||||
Overdraft Protection |
* APR = Annual Percentage Rate. Prime = Wall Street Journal Prime Rate, which is 8.50% as of 3/27/2024. The APRs shown are current as of 3/27/2024 and are available to customers who have the credit scores required by GRB. All rates and terms are subject to credit qualification. Rates are subject to change without notice.
** A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
‡ Personal secured lines can be secured with GRB deposits or marketable securities. The bank will consider other sources of collateral, such as real estate, on a case-by-case basis. Rate is variable at Wall Street Journal Prime + 1.00%. With a deposit relationship, rate is variable at WSJ Prime + 0.00%. All secured personal lines of credit have floors of 4.00% and ceilings of 15.00%. The WSJ Prime rate is 8.50% as of 3/27/2024.
^ For personal unsecured lines up to $66,400, rate is variable at WSJ Prime + 4.00%. With a deposit relationship, rate is variable at WSJ Prime + 3.00%. For unsecured lines $66,401 or more, rate is variable at WSJ Prime + 3.00%; with a deposit relationship, this rate is variable at WSJ Prime + 2.00%. All unsecured personal lines have a floor of 6.00% and a ceiling of 15.00%. The WSJ Prime rate is 8.50% as of 3/27/2024.
Contact the GRB Banking Team
Use the dropdown below to fill out our ‘Contact Us’ form, and a GRB Relationship Banker will be in touch with additional account information!
* APR = Annual Percentage Rate. Prime = Wall Street Journal Prime Rate, which is 8.00% as of 9/25/2024. The APRs shown are current as of 9/25/2024 and are available to customers who have the credit scores required by GRB. All rates and terms are subject to credit qualification. Rates are subject to change without notice. Examples of monthly payments for various types of loans are as follows: The monthly payment for a new auto loan of $20,000 with an APR of 7.25% repayable over 60 months would be $398.39. The monthly payment for an unsecured personal loan of $10,000 with an APR of 13.50% repayable over 36 months would be $339.35. The monthly payment for a home improvement loan of $10,000 with an APR of 13.25% repayable over 60 months would be $228.81.
** A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
‡ Personal secured loans can be secured with GRB deposits or marketable securities. The bank will consider other sources of collateral, such as real estate, on a case-by-case basis.
^ New vehicles (cars, boats and RVs) are considered those within two years from the current model year or previously unregistered. Additional fees apply for vehicles ($5.00 DMV MV901 filing fee for titled vehicles; $40.00 VCC filing fee for non-titled vehicles).
Current Rates
Auto, Boats, Campers & RVs – New & Used
If you are looking for auto, RV, camper, or boat loans in Rochester, NY, look to GRB. GRB provides financing for new and used vehicles for everyday driving, as well as boats, RVs, and campers to make the most of everything the outdoors has to offer.
And at GRB, you don’t pay closing costs on your auto loan.
Loan Amount: $2,000 – $50,000
Term: 12 – 60 months
Closing Costs: No
Reduce Your Rate!
Get a 1.00% rate reduction when you open a GRB checking account with direct deposit or utilize the Auto Pay feature from any GRB deposit account. Plus, enjoy the personal service that no other lender can match.
New automobile secured loan^
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|
12 – 36 months |
$2,000 – $50,000 |
8.75% |
7.75% |
37 – 48 months |
$2,000 – $50,000 |
8.75% |
7.75% |
49 – 60 months |
$2,000 – $50,000 |
8.50% |
7.50% |
Used automobile secured loan
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|
12 – 36 months |
$2,000 – $50,000 |
9.25% |
8.25% |
37 – 48 months |
$2,000 – $50,000 |
9.25% |
8.25% |
49 – 60 months |
$2,000 – $50,000 |
9.00% |
8.00% |
New boats, campers and RVs^
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|
12 – 60 months |
$2,000 – $100,000 |
10.25% |
9.25% |
61 – 72 months |
$2,000 – $100,000 |
10.50% |
9.50% |
73 – 120 months |
$2,000 – $100,000 |
10.75% |
9.75% |
Used boats, campers and RVs
Term |
Loan Amount |
APR* |
APR* w/Deposit Relationship** |
|---|---|---|---|
12 – 60 months |
$2,000 – $100,000 |
11.25% |
10.25% |
61 – 72 months |
$2,000 – $100,000 |
11.50% |
10.50% |
73 – 120 months |
$2,000 – $100,000 |
11.75% |
10.75% |
* APR = Annual Percentage Rate. Prime = Wall Street Journal Prime Rate, which is 8.50% as of 11/17/23. The APRs shown are current as of 11/17/23 and are available to customers who have the credit scores required by GRB. All rates and terms are subject to credit qualification. Rates are subject to change without notice. Examples of monthly payments for various types of loans are as follows: The monthly payment for a new auto loan of $20,000 with an APR of 8.50% repayable over 60 months would be $410.33. The monthly payment for an unsecured personal loan of $10,000 with an APR of 14.75% repayable over 36 months would be $345.43. The monthly payment for a home improvement loan of $10,000 with an APR of 14.50% repayable over 60 months would be $235.28.
** A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
^ New vehicles (cars, boats and RVs) are considered those within two years from the current model year or previously unregistered.