Archive - January 2021

Sales in the housing market continue to be strong as we head into 2021. Driven by buyer demand growing in response to low industry-wide mortgage rates. Get pre-approved and find the mortgage rate that fits your needs today to make the process quick and easy!

We currently have special rates available to new home purchase customers. To find out your home loan rate, enter your information in the “Find Your Rate” Mortgage Calculator to see your mortgage rates...

Economic Impact Payments, more commonly known as Stimulus Payments, have started to be issued to eligible individuals as of the last week in December. The stimulus payment amount for eligible individuals will be up to $600 for individuals, $1,200 for married couples, and up to $600 for each qualifying child. These individuals will receive a stimulus payment one of two ways, either by direct deposit or paper check, throughout the month of January. The IRS asks that people visit irs.gov for...

Rate or interest is simply a percentage of the loan a lender charges to borrow money. This figure is beneficial to know so you can compare the cost of different lenders. To make the comparison easier, lenders must also inform you about how that interest rate will affect your payments over an entire year. This interest is known as the Annual Percentage Rate or APR, and it also includes any fees or additional costs associated with the loan.

Positive Pay is a fraud prevention system offered by the bank to protect against altered, forged, and counterfeit checks, along with ACH filtering & blocks, and account reconciliation.

Learn more in the Positive Pay Video below, or on our Business Resource Manager page!