Consumer Loans 

We provide financing for new and used cars, trucks, SUVs, boats, campers, motorhomes, ATVs, snowmobiles, and a variety of recreational vehicles. All with competitive interest rates and terms. We can also refinance a vehicle loan you have from another lender at any time.

• Easy to apply
• Monthly, Semi-monthly, Bi-weekly or Weekly payment options are available. Breaking your monthly payment down can save you a significant amount in interest and allows you to pay your loan off early.

Consumer Credit Cards

Choosing the right credit card is easier than ever. Whether you want to pay down balances faster, maximize cash back, earn rewards or begin building
your credit history, we have the ideal card for you!

No matter which card you choose, you'll enjoy important features like:

• Convenient and Flexible Purchasing Power. Accepted at millions of locations worldwide.
• Mobile purchasing capability for added convenience.
• Zero Fraud Liability.* You won’t be liable for fraudulent purchases when your card is lost or stolen.
• Cardmember Service available 24 hours a day/365 days per year.
• Plus much more!
       Learn More     Apply Now

*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any
unauthorized use. Certain conditions and limitations may apply.
The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc., and Mastercard International
Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Reserve Credit Line

This convenient Line of Credit is a great option for spontaneous purchases, emergencies, or any expenses you may have.

In-House Mortgage Loan

Laona State Bank is committed to helping our customers obtain their dreams. Whether it’s to purchase your primary home, second home, cottage, investment property, or vacant land we offer affordable loans with reasonable, competitive interest rates and low closing costs.

• Simple application process
• No prepayment penalty
• No escrow requirements
• Monthly, Semi-monthly, Bi-weekly or Weekly payment options are available. Breaking your monthly payment down can save you a significant amount in interest and allows you to pay your loan off early.

Consult with one of our lenders about refinancing your current mortgage and to discuss rates, terms and which options are best for you. Doing so may allow you to consolidate other debt and possibly lower your interest rate, giving you the option of a lower monthly payment or a shorter a term. Just a small decrease in your interest rate may save you a significant amount over the life of your loan.

Apply Online

Construction Loan

A construction loan has an interest only monthly payment and only accrues interest on the total amount advanced. Based on approval, the completed construction loan would then be converted to a conventional mortgage.

• Easy application process
• No escrow required
• Multiple draw options

Secondary Market Mortgage Loans

Secondary market mortgage loans are not held and serviced by Laona State Bank, but our lenders help you through the underwriting process. The secondary market offers ARM's and long term fixed rate loan options that may offer a lower rate and/or require less down. Contact a lender to discuss guidelines, rates and term options. *ARM's have a variable interest rate that is subject to change at any time.

Apply Online

Home Equity Loan^*

Home Equity Loans allow you to access the equity you have in your home and use it for whatever you choose. Whether you need funds for remodeling, a vacation, new vehicle, to pay off credit card debt, or for personal use, this loan has a fixed monthly payment for a set term to make budgeting easier. In many instances the interest you pay is tax deductible. The equity in your home can be one of your best assets, so why not use it?

* Consult a tax advisor regarding possible tax advantages.

Home Equity Line of Credit (HELOC)^*

A Home Equity Line of Credit allows you to access the equity in your home to obtain a revolving line of credit for your personal use at any time. This loan option allows you to advance funds from your HELOC as needed. A HELOC loan has an interest only monthly payment and accrues interest on only the principal balance. Our HELOC has a variable interest rate that is subject to change at any time. The interest you pay may be tax deductible.

*Consult a tax advisor regarding possible tax advantages.