The First Loan Program was developed to assist military personnel on active duty in pay grades E-1, E-2, and E-3 with little or no established credit-to establish credit. The following unsecured loans and vehicle loans were designed for this program.
Unsecured Loan |
Loan Amount |
Payment Amount* |
$1,000 max for E-1 |
$91 |
| $1,100 max for E-2 |
$100 |
| $1,200 max for E-3 |
$109 |
| Term: 12 months. Rate: 16% APR |
|
|
Vehicle (New or Used) |
Loan Amount |
Payment Amount* |
$10,000 max for E-1 |
$279 |
| $11,000 max for E-2 |
$306 |
| $12,000 max for E-3 |
$334 |
Term: 42 months. Rate: 9% APR
Down Payment: 10% of NADA value. Vehicle cannot be more than six years old; max loan amount includes tax, title fees and license fees. |
To Apply:
Visit your nearest Broadway Banking Center location.
Guardsmen and Reservists on active duty are eligible.
Applicant must establish direct deposit of military pay into a Broadway Bank checking or savings account.
Please Note: This product is not available
by Internet.
HAVE QUESTIONS?
Customer Contact Center
210.283.6611 | 800.531.7650
Speak with a Service Representative during
regular business hours.
*Approximate monthly payment. Offer subject to credit approval. Rates subject to change without notice.
