Loans

Come to Pioneer for low rates, flexible terms and local decisions

For low-cost loans and great personal service, nobody beats Pioneer Bank. We're the only mutual bank in the Capital Region; committed to serving our community and our customers. Our lending team is empowered to make local loan decisions based on their knowledge and experience. It's a difference that shows in our responsible lending practices.

Our goal at Pioneer Bank is to provide competitive lending rates along with the highest level of service. We want to earn your business as a financial partner and resource for our community.

Personal service when you need help

Our Loan Representatives are only a phone call away if you have questions or need help. Contact us at 518.730.3000.

Find out more about Pioneer loans here:

Mortgage Lending: Pioneer Bank home financing options through a strategic partnership with Homestead Funding Corp. Read more
Equity Lines & Loans: The affordable way to realize your dreams: finance home improvements, a college education or a much needed vacation. Read more
Auto Loans: Upgrade your vehicle with low-interest auto loans to finance up to 90% of NADA retail value for new cars, and up to 80% of used cars. Read more

View our current rates

Use our handy online financial calculators

Servicing Fees

1. Subordination
$300.00 when Pioneer Bank is requested to subordinate an existing junior lien (equity line, fixed rate equity, home improvement loan, etc.) to a different lender who holds or will hold the first mortgage. Fee is collected at time of request.

2. Release of Parcel
$550.00 when Pioneer Bank is requested to release a parcel of land from a mortgage. Fee is collected at time of request.

3. Release of Liability
$550.00 when Pioneer Bank is requested to release a borrower from liability on a mortgage due to marital separation, partnership separation or divorce. Fee is collected at time of request.

4. Assignment of Mtg.
$800.00 when Pioneer Bank is requested to assign its mortgage to another lender. Fee is collected at time of request. Pioneer's attorney must review the documents, prepare the Assignment and coordinate the delivery of the Original Note and Mortgage to the requesting lender.
$300.00 when an assignment will be requested by Pioneer Bank from another lender.

5. ARM conversion
$500.00 to convert an eligible ARM loan to a fixed rate.

6. HELOC Fixed Rate Loan Balance Transfer Request
$100 per request

7. Duplicate discharge fee
$50 per discharge

8. Research fees
$20 per hr. and $.50 per page for copies

9. Late Fees - Mortgage Loans:
2% of overdue principal and interest payment or 2% of overdue principal, interest and escrow payment, depending on loan product; please check your loan documents or call Pioneer Bank for verification

10. Late Fees - Home Equity Loans:
2% of overdue principal and interest payment

11. Disbursement Review Fee - Construction Loans:
$500 for bifurcated loans and construction loans

12. Late Fees - Auto Loans:
5% of overdue principal and interest payment or $5.00, whichever is lower.

13. Loan Extension Fee:
$35 per loan extension

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*Auto Loans cannot be applied for online. To apply for an auto loan please visit any Pioneer Bank branch.