First Loan Program

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
$91.56
$1,200 max for E-2 $109.87
$1,500 max for E-3 $137.34
Term: 12 months. Rate: 17.75% APR

Vehicle (New or Used)
Loan Amount
Payment Amount*
$10,000 max for E-1
$227.99
$12,000 max for E-2 $273.59
$15,000 max for E-3 $341.98
Term: 48 months. Rate: 4.49% APR
Maximum loan amount of 90% of NADA retail value. Vehicle cannot be more than seven years old; max loan amount includes tax, title fees and license fees.

 

HAVE QUESTIONS?

Customer Service 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. Direct deposit of payroll required. Rates shown include a .25% discount for automatic payment from a Broadway Bank deposit account.

If you need money for personal expenses or to purchase an automobile, we can help!

 

To Apply:

Visit your nearest Broadway Banking Center location or call our Customer Service Center.

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.

© Broadway Bank. Equal Housing Lender. Member FDIC
210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209