Want to access the equity in your home with the advantage of tax deductibility**?

Then Metamora State Bank home equity loan is for you.

Come in and talk to our loan officers to learn more.


  • Competitive rate of interest (tied to prime rate)
    • 2.99% APR Fixed for 6 months, then Prime Variable APR* (Maximum LTV 80%)
    • OR 3.99% APR Fixed for 6 months, then Prime +1 Variable APR* (Maximum LTV 90%)
  • Interest paid may be tax-deductible*
  • Various terms available for qualified applicants


  • Property insurance is required for the term of the loan


*Annual Percentage Rate (APR) is effective as of 03-15-2017 and is subject to change without notice. The initial discounted rate of 2.99% APR or 3.99% APR will be in effect for 6 months. Beginning the 7th month, variable APR for the line is Prime Rate or Prime + 1% and a maximum of 20.00% APR. Interest rates vary and are indexed to the Prime Rate as published by The Wall Street Journal. Subject to credit approval. Your actual variable rate will depend on the loan to value. No closing costs. An early termination fee of $500 will be charged if the account closes within 36 months. $50 annual fee. Minimum $5,000 initial draw on account must be drawn and stay on account for 30 days. The loan will have a five year draw period with interest only payments and then a 5 year repayment period with payments of 1% of the principal balance or $100 whichever is greater. There will be a balloon payment at the end of the loan term. If you make only the minimum payment and took no other credit advances, an advance amount of $10,000 would require interest only payment ranging from $26.85 to $33.34 during the five year draw period and then you would have $100.00 per month payment for 59 payments and one payment of $5,681.30 at maturity.

** Please consult with your tax advisor.

Metamora Banking Center
24-Hour ATM

Phone: (419) 644-2361
Fax: (419) 644-5774

Sylvania Banking Center
24-Hour ATM

Phone: (419) 885-1996
Fax: (419) 885-5151

24-Hour ATM Location
Evergreen High School
14511 Co. Rd. 6
Metamora, OH 43540

Your 24-Hour Information

877-MY MSB 441

Do you want to earn higher interest rates with your savings?

The Metamora State Bank Premier Money Market Savings offer competitive tiered interest rates. Monthly maintenance fees are waived if you maintain account's minimum monthly balance of $5,000.00.

Learn More