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Put your money where your dreams are. Loans for the life you live.

Big moments. Special purchases. Consolidating debt. There are a host of reasons you may want access to a loan on a fixed rate, fixed term basis. A consumer loan from Central can help you put your money to work for you right now. Central Bank consumer loans feature:

  • Competitive rates and terms.
  • No origination or prepayment fees.
  • Automatic debit available.
  • No collateral required.
  • Same day credit decision and quick access to funds.

Are you looking for auto, boat or recreational vehicle loans? We’ve got the information you’re looking for.

If you want to get an idea of what your loan might look like, use our calculators on the Services and Tools page.

Auto Loans

  • New and used car financing available
  • Competitive rates and terms
  • Automatic debit available

Personal Loans

  • Fixed rate, fixed term, and fixed monthly payments
  • Central Bank personal checking customers may qualify for discounts
  • Competitive rates and terms
  • No collateral needed to qualify

Boat Loans

  • New and used boat financing available
  • Competitive rates and terms
  • Same-day credit decisions get you on the water faster

Recreational Vehicles

  • New and used RV/motorhome financing available
  • Competitive loan interest rates on loans up to $150,000
  • Same-day credit decisions

What is a personal loan?

A personal loan is usually an unsecured, installment loan that can used to fund necessary expenses consolidate debt. Sometimes they come with a down payment and/or “origination fee” in exchange for the ability to repay over a period of time.

How long are the terms of a personal loan?

This varies. Some are as short as 12 or 24 months. Others may be as long as 6 years or more, depending on the size of the loan. For example, a loan for a small boat may have shorter terms than a large recreational vehicle.

Who is eligible for a personal loan?

Anyone who has a steady source of income. This includes self-employed individuals. All eligibility is subject to approval.

What is the difference between a personal loan and a credit card?

A big difference is that the loan is taken out in a lump sum and repaid over time in fixed monthly installments. With a card, interest is charged based on the mount utilized only.

Can I repay the loan early?

Yes. Some rebates are available in doing so, in compliance with the Consumer Credit Act.

Why might I be turned down for a loan?

Credit history is reason most often cited. It pays to know your credit and make sure it is accurate and free of red flags. Reports of late, skipped or defaulted payments with prior creditors can negatively impact your ability to borrow.

Can I sign for a loan with someone else?

Yes. You can sign for a loan with a co-signer (often a relative) to provide extra security for the bank. The co-signer will need the same paperwork as the primary signee.

Alicia Hale's Image

Alicia Hale

Branch Manager II | NMLS#950194

Location: Des Moines Drake Branch

Work Phone: (515) 279-8090

Amy Chace's Image

Amy Chace

Vice President, Branch Manager II

Location: Sioux City Hamilton Branch

Work Phone: (712) 233-2929

Brian Dooley's Image

Brian Dooley

Branch Manager II | NMLS#1444041

Location: West Des Moines Ashworth Branch

Work Phone: (515) 222-0731

Carolyn Yockey's Image

Carolyn Yockey

Vice President, Branch Manager II

Location: Sioux City Morningside Branch

Work Phone: (712) 276-3135

Chris Jenness's Image

Chris Jenness

Assistant Vice President, Mortgage Loan Officer | NMLS#493730

Location: Cherokee Main Office

Work Phone: (712) 225-2546

Dustin Pohlman's Image

Dustin Pohlman

Assistant Vice President, Personal Banker II/Head Teller/Assistant Cashier

Location: Spirit Lake Main Office

Work Phone: (712) 336-4100

Hilary Budde's Image

Hilary Budde

Personal Banker II/Head Teller

Location: Sioux City Hamilton Branch

Work Phone: (712) 233-2929

Jennifer Brown's Image

Jennifer Brown

Branch Manager II | NMLS#1138317

Location: Ankeny Main Office

Work Phone: (515) 473-7033

Jenny Yates's Image

Jenny Yates

Personal Banker II/Head Teller

Location: Sioux City Morningside Branch

Work Phone: (712) 276-3135

Nancy George's Image

Nancy George

Personal Banker II

Location: Sioux City Main Office

Work Phone: (712) 293-2265

Steve Boden's Image

Steve Boden

Vice President, Retail Banking/Cash Management Manager

Location: Sioux City Main Office

Work Phone: (712) 293-2265

Tim Matasovsky's Image

Tim Matasovsky

Personal Banker II

Location: Sioux City Main Office

Work Phone: (712) 293-2265

William Boord's Image

William Boord

Assistant Vice President, Branch Manager II | NMLS#523274

Location: Urbandale Main Office

Work Phone: (515) 254-9000

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You are leaving the Central Bank website. We are not endorsing or guaranteeing the products, information or recommendations provided by the organizations linked to our website. We are not liable for any failure of products or services advertised on those sites. We are not responsible for the validity, collection, use or security of information by organizations that may be linked to our website. We encourage you to read the privacy policies of websites reached through the use of links from the Central Bank website.

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