Founded in 1905, Peoples Security Bank & Trust can be the strong financial partner you need to understand your unique needs and recommend solutions that will help you achieve your short and long term goals.
Local decision making, competitive interest rates, and convenient repayment options are just a few features that are characteristic of community banking. Local people making local decisions.
Please call or stop by one of our branch offices for rates and additional information.
We offer a wide range of loans including: new & used auto, boat, recreational vehicle, bill consolidation, and holiday or vacation loans to meet all your personal needs. Applying for a personal loan is easier than ever. Simply download the application below, print, complete and deliver to your local branch location along with your last two (2) payroll stubs.
Real Estate & Construction Mortgages
When you’re ready to buy, build or refinance, we may have a solution for you that meets your needs. We are a locally-managed, community bank headquartered in downtown Scranton. We offer a wide range of options all with competitive rates and terms – and mortgage professionals to help you choose what’s right for you.
Fixed Rate Mortgage Loans
Peoples Security Bank offers financing for fixed rate loans in a wide range of terms. Competitive rates, zero points and bi-weekly option make this a very popular choice for our customers.
Adjustable Rate Mortgage (ARM) Loans
Let our mortgage professionals show you the many advantages of an adjustable rate loan and how they can help you buy the home of your dreams. Advantages include lower initial monthly payments, attractive for short-term loans that may allow you to buy more home for your money.
We offer several different terms with low down payment requirements. And, no point loans are available for all of our adjustable rate products. Our mortgage professionals will help you understand how future rate changes can affect your loan.
Our construction program is one of the very best within our markets – you have only one closing and you’ll pay interest only during the construction period. We allow a 9-month construction period, zero points, low down payments and fast approvals. All of our fixed and adjustable rate products are available for residential construction projects.
When choosing a lender, look to Peoples Security Bank for hometown, personalized service backed by a bank that has been serving our local communities for over 100 years.
If you need help or advice on what type of loan is best for you, please contact one of our Mortgage Loan Officers at 888-868-3858 or CLICK HERE for details.
Home Equity Loans
Home Equity Loans are secured by the equity in your home. They enable you to borrow up to 80% of the appraised value of your home less any existing mortgages or liens.
Use the equity in your home for home improvements, college tuition, a special vacation, or to consolidate credit card debt. Our experienced loan officers will assist you in selecting the loan that is right for you.
Home Equity Term Loans provide you with a fixed amount of money at a fixed interest rate, repayable over terms of 3, 5, 10, or 15 years.
Lines of Credit
Home Equity Lines of Credit provide you with an approved credit limit under which you may borrow, repay and re-borrow amounts for your specific purposes. The interest rate is variable with a 10-year draw period and repayment based upon a 20-year amortization of principal.
We offer a wide range of loan programs to service the needs of both small and large businesses. You’ll be dealing with a local team of experienced professionals who live and work in our local communities – a team who knows the market and can make decisions fast and efficiently.
This loan can be used to make capital improvements or purchase equipment. Repayment schedules can be designed to meet the needs of your business.
Lines of Credit
You can fill the gap between accounts receivable and accounts payable with a working capital line of credit. Funds from the line can be transferred into your general operating account as needed, up to your available credit limit, paid back and borrowed again as needed, all with a simple phone call to your banker or through our online banking service.
We can provide the financing for your commercial real estate needs. We offer competitive rates and favorable terms. All decisions are made locally.
Small Business Loans and Guarantees
Peoples Security Bank & Trust works with a number of Government Agencies including the Small Business Administration (SBA), New York Business Development Corporation (NYBDC), Farmer's Service Agency (FSA), and the United States Department of Agriculture (USDA) to help provide the funding you need.