Personal Loans

Whether you are in the market for a new car or boat, or need some quick cash for taxes or home improvements, visit with one of our loan officers at a branch near you.

We can help you with the financing you need to make your plans happen, and we'll do it with rates and payment terms that fit your needs. Most applications are approved the same day, and you can set up automatic payments from your checking account to make payback a snap.

Mortgage and Construction Loans

For assistance with a home or construction loan, please contact our Real Estate department.

Ready Reserve Line of Credit

A Ready Reserve is a personal line of credit linked to your checking account and becomes available when there are insufficient funds in your account to cover a check. This account comes in handy for a temporary loan for emergency needs. Payments are automatically transferred from your checking account each month. You can also make an additional payment any time you wish.

The Bank may require an updated financial statement periodically to keep your Ready Reserve intact. No Fees are associated with this line of credit. You only pay interest for the time you borrow money.

Home Equity Line of Credit

There's money hiding in your house. Let us help you find it! Secured by the equity in your home, a Home Equity Line of Credit (HELOC) gives you the flexibility to access funds at any time. Use these funds to deal with life's challenges. HELOC's can be used for:

• Home Improvements.
• Home Expenses.
• Debt Consolidation.
• Vehicle Purchases.
• Education Expenses.
• Medical Expenses.
• Vacations.
• Special Purchases.

Contact us or inquire at any branch for further information about the benefits of a Home Equity Line of Credit. Fees may apply. Interest may be tax deductible. Consult with your tax advisor for further details.

Conforming Loan Payment Notice

Loan payments are posted/credited on business days.  The business day used depends on the time the loan payment is made and the method used to make the loan payment.  All loan payments must be made in U.S. currency and accompanied by either the account number or payment coupon.

Business days are defined as Monday through Friday, excluding federal holidays. Please note that the Bank of Commerce's business day cut-off time is the branch closing time.

In Person -  Loan payments received in person at a branch location by the branch closing time will be credited as of that business day.

Night Deposit - A loan payment placed in the night depository at any of our branch locations after 8a.m. MST will be posted the next business day  We discourage the use of the night depository during business hours.

Internet Transfers or 24 Hour Telephone Banking - Loan payments or other transactions, made through online banking or via the 24-hour telephone teller after 5 p.m.  MST will be posted the next day.

Mail - Loan payments may be mailed to:

The Bank of Commerce
P.O. Box 1887
Idaho Falls, ID  83403

Any loan payments received via physical mail on business day by 10a.m.  MST will be posted on that business day.  Loan payments received via physical mail on Saturdays, federal holidays, or after 10a.m. MST on business days will be posted on the next business day.  A loan payment mailed to a branch location address other than the one listed above will be considered non-compliance and may take longer to process.  Please allow for at least three days for mail to be received and be aware that we may receive your loan payment on a non-business day, further delaying its posting.

Loan payments received in a manner not listed above will be considered non-conforming and may take longer to process.