Waldo State Bank Loans

Lending Tools for Individuals and Businesses



Waldo State Bank offers various types of consumer loans including auto loans, home equity loans, personal loans, and consolidation loans, all at competitive interest rates. Our Loan Officers are here to assist you with your lending needs.

car key with money and calculator on table. concept finance and insurance



Waldo State Bank offers a variety of commercial lending tools to help finance all areas of your business:

  • Term loans to purchase inventory, vehicles, or equipment.
  • Real Estate loans to purchase or refinance.
  • Operating Lines of Credit.
  • Letters of Credit.
  • Credit Cards.
  • SBA guaranteed loans.


Real Estate

Waldo State Bank has loans available to purchase, build, or refinance your dream house, vacation home, recreational property, or rental property. Fixed rates, Balloon and Adjustable Rate Mortgages (ARMs) are available at competitive rates with low closing costs. Free prequalification to help you select the right mortgage for your needs. Knowledgeable local decision making lenders to assist you.




At Waldo State Bank we offer a variety of agriculture loans including operating lines of credit, machinery and equipment, agriculture real estate loans, and FSA guaranteed loan programs.


Wherever you are in your higher education, get the money you need for school. Student loans from Waldo State Bank in partnership with Sallie Mae® could help!

For borrowers attending or borrowing for a student attending a degree-granting institution



Sallie Mae® higher education loans are designed for the needs of undergraduates, graduate students, and parents.

  • Competitive interest rates
  • Multiple repayment options
  • No origination fees; no prepayment1
Find out which loan is right for you

Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

These loans are made by Sallie Mae Bank or a lender partner. Waldo State Bank is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower, and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.


© 2019 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.

Contact Waldo State Bank to find out more about our personal and business banking opportunities!

We also offer:

Consumer Loans

Auto loans, home equity loans, personal loans, and consolidation loans.

Commercial Loans

Term loans, real estate loans, lines of credit, and credits cards.

Real Estate Loans

Fixed rates, balloon and adjustable rate mortgages, and low closing costs.

Agriculture Loans

Lines of credit, agriculture real estate loans, and FSA guaranteed loan programs.

School Loans

designed for undergraduates, graduate students, and parents

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