Consumer
Loans
Our Bank offers a wide variety of consumer loans for vehicles, student loans,
recreational purposes, and personal loans.
Real
Estate Loans
Our Loan Department specializes in real estate lending. We offer a range of
real estate loans that includes residential, vacation and commercial real
estate loans.
Home
Equity
Home Equity loans can be a source of funds for many reasons; college tuition,
home improvements, debt consolidation, and many other purposes. Ask us to
provide you with an overview of how a Home Equity Loan can help you manage
your finances.
Commercial
We offer financing for small businesses that includes real estate loans,
equipment loans, and operating lines of credit. Call us to discuss how we can
help your small business meet its growing financing needs.
Asset
Management **
If you are considering selecting a Trustee for the management of
your financial assets for a beneficiary, many people want
professional administration. However, they are also concerned that
the professional trustee will demonstrate a caring style that
embraces ongoing communication with the client. Our Trust/Investment
Department is large enough to accommodate the management of
investments for the client, but small enough to offer personalized
and thoughtful assistance to the client or the beneficiaries that
are to be provided for.
Investment
Management **
In instances where investment management is the objective, our
Trust/Investment Department has developed a sound investment
strategy that is backed by years of experience. We have developed an
affiliation with a large and respected company that provides our
Trust/Investment Department with outstanding research and excellent
account administration. This association, coupled with our
personalized approach to client contact has permitted us to deliver
the best of both worlds--exceptional service with a caring attitude.
Stability
Finally, as a locally owned community bank, you can expect the
stability and continuity that is vital to managing assets for a
client. Our staff is comprised of many people who grew up and live
in the community and our philosophy is to treat our employees as
family. The result is a Trust/Investment Department that is
comprised of dedicated people who look forward to developing a
client relationship that will last for many, many years.
Personal
Checking
Our regular checking account requires no minimum balance, assesses no
monthly fees, and no per check charge. Our checking account is totally
free.
Interest Bearing Checking
If an account maintains a balance of at least $1,000 you can receive
interest on your balance and write an unlimited amount of checks on
the account. This account is available to individuals only and
not-for-profit organizations.
Savings
Account
We believe that small savers should receive a competitive interest
rate also, so our Savings Account pays a very attractive interest
rate. There is no minimum balance required to earn interest.
Direct
Deposit
Direct Deposit is a smart way to get paid! For payroll, expense
reimbursements, tax refunds, stock dividends, and pensions. Direct
Deposit is a safe, fast and confidential way to receive payments
automatically.
Certificates
of Deposit
We offer a wide range of terms on our Certificates, and all pay highly
competitive rates of interest. Interest can be paid by adding it back
onto the certificate, transferred to another account or paid by check.
IRA
Accounts
We offer IRA's that may have various tax benefits for customers. The
range of investments available for your IRA are very comprehensive and
flexible for every age, investment objective and risk tolerance.
ATM
and Debit Cards
Although we offer free checking, many customers appreciate the
convenience of using their VISA Check Card to pay for purchases. The
amount is taken directly from your Checking Account and reflected on
your Checking Account statement. We also offer the traditional ATM
card that allows you to get cash at hundreds of locations nationwide.
24-hour
Access Banking
When you can't get to the Bank during normal hours, we offer 24 Hour
Telephone Banking that can give you account information, transaction
summaries, interest rates on deposits, loan payment projections and
transfer of funds to/from accounts. 24
hour phone number 815-777-8800.
Lockbox
and Night Depository
We offer a selection of Safety Deposit boxes for storing your
valuables, and conveniently located Night Depository for after-hours
banking.
Community
Club
Persons age 50 or better who maintain a $5000 deposit relationship
with Apple River State Bank or First Community Bank of Galena are eligible to receive many additional
benefits, for example:
- Enhanced Interest Rate on Now
Account
- Free checks
- Free ATM or Debit Card
- Reduced rate on yearly safety
deposit box fee
- Bonus rate on new deposit
Certificates of Deposit
- Free cashier checks and money orders
- Free travelers checks
- Newsletter
- Social opportunities like seminars,
trips, card parties and bingo
**Investment
products are not FDIC insured, nor are they deposits or obligations of,
or guaranteed by your financial institution (Apple River State Bank).
Investment products are subject to risk including possible loss of
principal. |
