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Loans and cardsBorrow from people who know your street.
Because we are owned by members, our loan rates are built to help you, not to pad a quarterly report. Local decisions, plain answers.
Loan types
Get the keys without the runaround.
New, used or refinanced. Get pre-approved before you shop and you will negotiate like a cash buyer.
5.29% APR as low as, new vehicle, 36 months (sample)
- No application fee, no prepayment penalty
- Terms from 12 to 72 months
- Payment skip once a year for members in good standing
- Refinance a loan from another lender and save
How it works
- Apply online or at any branch. Most decisions come the same day.
- Take your pre-approval shopping. Dealers love a ready buyer.
- Bring us the paperwork. We send the check and set up autopay.
Good to know
Not a member yet? You can join and apply in the same visit. Rates shown are samples and your own rate depends on credit and term.
A loan officer who lives down the road.
Buying your first home, moving up, or tapping equity for a new kitchen. We keep and service our mortgages, so you will not get sold off to a stranger.
6.375% 30 year fixed, 6.512% APR (sample)
- First-time buyer program with as little as 3% down
- Local appraisals and local underwriters
- Home equity loans and lines of credit
- Loans stay with Lanternway, so your payment address never changes
How it works
- Chat with a mortgage officer at Harlow Landing, Millbrook, Port Alder, Oriole Heights or Elmstead.
- Get pre-approved and a clear list of what we need.
- Find your house. We close on time, usually within 30 days.
Good to know
Rates move often. The numbers here are samples for a design concept. A real quote depends on credit, down payment, and the home.
For life's big, surprising, and wonderful bills.
Roof repairs, a wedding, a move, or paying off higher-rate debt. Borrow what you need, know your payment, and be done on a date you can circle.
8.90% APR as low as, signature loan (sample)
- Fixed rate and fixed payment
- $1,000 to $35,000, 12 to 60 months
- Credit builder loans start at $500
- Share secured loans for members with thin credit files
How it works
- Tell us how much you need and what for.
- We look at your whole story, not just a score.
- Money lands in your account, often the same day.
Good to know
If you are thinking about a payday loan, please call us first. We may be able to help for a lot less.
Three cards. None with an annual fee.
Pick Lantern Rewards to earn points, Everyday Low if you carry a balance, or Starter Secured to build credit from scratch.
11.90% APR as low as, Everyday Low (sample)
- Lantern Rewards: 1.5 points on everything, 3 on groceries and gas
- Everyday Low: our lowest rate, a 0% balance transfer for 12 months
- Starter Secured: $200 minimum deposit, graduates to unsecured
- Lock and unlock your card from your phone
How it works
- Pick the card that fits you.
- Apply in minutes. We tell you the same day.
- Your card arrives in about 7 days. Activate it and go.
Good to know
Card APRs are variable and based on credit. Lost your card? See our lost card steps.
Try a few numbers. Nothing is saved.
Move any slider or type a number. The estimate updates as you go.
- Amount borrowed
- $25,000
- Total interest
- $4,342
- Total you would pay
- $29,342
This is an estimate. It assumes a fixed rate and equal monthly payments. It does not include taxes, insurance, or fees, and it is not an offer of credit.
Questions before you borrow?
Talk it through with a loan officer. No pressure and no hard credit pull just to chat.