Emergency Assistance Loan
When disaster strikes, we’re here to help.
The Midwest BankCentre Emergency Assistance Loan is designed to help our community members in times of need. If you have been affected by a natural disaster, we offer this unsecured loan with no payments for the first 45 days to help you get back on your feet.
Emergency Assistance Loan Rates & Terms
Rates are effective as of 02/22/2025
TYPE
RATE^
APR*
Payment
7.000%
7.009%
$46.32
^Represents the lowest offered rate. The rate reflects an introductory rate for the first 3 months of the loan. After the introductory period the Wall Street Journal Prime Rate, a variable rate, will apply.
*APR (Annual Percentage Rate) calculations are based on a $1,500 Loan Amount with $0 fee(s) for 36 months.
Caring for our Community.
Midwest BankCentre was built upon the foundation of strong relationships in the St. Louis Community. From our humble roots in 1906, we’ve worked enthusiastically with our customers and community partners to build up our region. We’re not trying to be the biggest bank, just create the biggest impact in the communities we call home. We believe in the power of Dreaming Big & Rising Together®.
FAQs
When disaster strikes we can help. Our FAQs cover essential topics such as loan application processes, interest rates, repayment terms, and eligibility criteria. Our goal is to provide you with the information you need to make informed decisions and secure the best loan for your home improvement needs.
What is the Emergency Assistance Loan?
The Emergency Assistance Loan is an unsecured loan of up to $5,000 with no application fees. The loan has a fixed interest rate and no payments for the first 45 days. This gives you time to get back on your feet after a disaster without having to worry about making loan payments.
What can I use the Emergency Assistance Loan for?
The Emergency Assistance Loan can be used to cover a variety of expenses related to a natural disaster, including home repairs, food and clothing, transportation, and medical expenses.
Who is eligible for the Emergency Assistance Loan?
You are eligible for the Emergency Assistance Loan if you have been affected by a natural disaster (flood, fire, etc.) and are a resident of the Midwest BankCentre service area.
How do I apply for the Emergency Assistance Loan?
To apply for the Emergency Assistance Loan, please visit us at your nearest Midwest BankCentre branch or call us at 1-800-894-1350. You can also apply online here.
Get the funds you need to weather the storm.
If you have questions or need further assistance, our team of advisors are here to help.