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| September 5, 2008 |
First Click has received a face lift....
You will notice a new look to your First Click Online account.
We hope this enhances your online banking experience.
Thank You for choosing First State Bank.
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FIRST STATE BANK HOME EQUITY
for
- VACATION
- VEHICLE
- EDUCATION
- HOME IMPROVEMENT
or just about anything....
INTRODUCTORY RATE 3.99% APR
CURRENT PRIME RATE 5.00% APR
Introductory rate of 3.99% ANNUAL PERCENTAGE RATE (APR) is fixed for the first 90 days, and then becomes a variable rate based on the value of an index. The index is the US BANK OF CINCINNATI PRIME RATE and is available from US BANK. The APR can change daily after remaining fixed for 90 days. There is no limit on the amount by which the rate can change in any one year period. The maximum APR that can apply during the line of credit is 25.00%. The minimum APR that can apply during the line of credit is 3.99%. You can obtain credit advances for a 10 year draw period. During the draw period payments will be the amount of accrued finance charges. There is a 5 year repayment period following the draw period. During the repayment period payments will be 2% of the loan account balance (or $75.00 which ever is greater). Payments are auto charged monthly from checking or savings accounts at First State Bank. The minimum monthly payments may not be sufficient to fully repay the principal that is outstanding on your line of credit by the end of the repayment period. If they are not, you will then be required to pay the entire balance in a single payment. To open and maintain a line of credit, you must pay an annual fee of $100.00 the annual fee for the first year is waived and there are no other closing costs associated with this loan. To receive introductory rate applications must be received between June 1, 2008, - August 31, 2008, and the loan must be closed on or before September 30, 2008. Consult your tax advisor regarding tax deductibility of interest. Subject to credit approval. Property insurance required. Flood insurance may be required. Member F.D.I.C. 2008 First State Bank
Member F.D.I.C.
Equal Housing Lender
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Press Release
Winchester, Ohio
First State Bank announced that it has completed a transaction to acquire banking center locations in Ripley, Georgetown, and Mt. Orab, Ohio formally operated by Oak Hill Banks. The acquisition includes deposits of $43 million, loans of $20 million, and certain real estate and fixed assets of said locations.
This transaction increases the total assets of First State Bank to approximately $190 million and the number of locations to eight.
Michael Pell, President and CEO of First State Bank stated, “We are very pleased to be expanding into the Brown County market. First State Bank’s success has been built on providing excellent customers service with a personal touch. We believe our approach will be well received in Brown County.”
First State Bank is a state chartered commercial bank headquartered in Winchester Ohio. It currently has banking centers in Seaman, Peebles, West Union, Winchester, Manchester and now Brown County locations in Ripley, Georgetown, and Mt. Orab.
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