Traditional Passbook Savings Account
A basic savings account that requires a passbook at the bank for each deposit and withdrawal. With a Traditional Passbook Savings Account you always know your current balance. Whether you’re saving for a special purpose or budgeting for every-day necessities, our Traditional Passbook Savings account might be the right choice for you.
Whats The Best Mortgage For You
Fixed-rate loans feature predictable rates and payment schedules for certainty and peace of mind. Theyââ¬â¢re often ideal for long-term mortgages and home investments. With a fixedââ¬ârate mortgage, you’ll always know what your monthly principal and interest payments will be. You can also lower your monthly payments by spreading them out over a long period of time. This is a good loan to lock in when rates are low. The predictability of the payments and payment schedule make it easier to pay ahead of your mortgage as well, such as making an extra mortgage payment every year to reduce the length of the loan. A variety of monthly repayment terms are available.
No closing cost mortgages can save you a great deal in upfront costs on your next home. Whether your household is expanding or you just want to upgrade your nest, the savings on closing costs can easily add up to thousands of dollars. For first-time homebuyers, thatââ¬â¢s extra cash that can be used to make your new house really feel like home. You can also use the extra money to invest in a home improvement project that will help you sell your home for more down the road. Click here for details.
Mortgage refinancing can help you get more out of your home by restructuring your current mortgage terms. You can refinance for a variety of reasons, including cash-out equity, shorten/extend payment terms, borrow at a lower rate, eliminate mortgage insurance
Contact one of your local mortgage specialists here.
Let Us Answer All Your Questions
Buying a new home is always a big deal, but adjusting to a new country at the same time is even more challenging. For Connor and Dayle, who moved from England all the way to Cooperstown, Community Bank was the key to a smooth transition. Learn how Community Bank worked with Connor and Dayle to build their credit from the ground up and help them buy their first home in the U.S.
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A Message To Our Depositors & Friends
We hope you are well. These are certainly worrisome times. The latest news on the pandemic seems to offer some glimmer of better times ahead. We also know it will be a long pull before we get back to anything close to normal.
We at the Bank want to assure you that we are here to serve your needs and that your deposits are safe. All of our staff members remain fully employed. Some are working from home while others are involved in the bank with the daily operations.
Four years ago an independent bank rating organization rated our Bank as one of the seven safest banks in the state. We believe we would have the same rating if a similar poll were released today. From the Bank’s founding fourteen years ago all deposits, regardless of amount, have been fully insured. While this type of insurance coverage is more expensive to the Bank we know our depositors are reassured by this knowledge. We continue to offer rates on our CD’s which are very competitive.
We are well capitalized. All of our earnings over the years have been put into our retained capital. The Bank has had the same Officers and Directors since the date the Bank was formed. None of the Directors and/or Stockholders has ever taken a dividend, or return on his or her investment in the Bank, preferring to have profits used to increase capital. The Bank does not have any investments in equities which have shown such volatility in recent weeks.
Please stay safe and we will all come out of this stronger than ever.
Serving Our Community Since 1965
Patriot Federal Credit Union has been helping members achieve financial success in our community since 1965, when the Credit Union was first formed. Patriot is governed by member-volunteers elected to the Board of Directors and managed by experienced financial professionals.
At Patriot Federal Credit Union, youre more than an account numberyoure an owner! Patriot Federal Credit Union is a not-for-profit financial cooperative owned and operated by members like you. We have no stockholders to pay, resulting in higher dividend rates on deposit accounts, minimal fees and lower interest rates on loans.
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Choose The Home Loan That Works For You And Your Family
Your home is where many of your most cherished memories will take place, and F & M Community Bank is ready to make sure you can find the right home to make those memories. From mortgage loans that get you into your dream home, to home equity loans that allow you financial flexibility, our lenders will work with you to understand your unique needs. Check out our home loan options to understand how working with a community lender can make a huge difference.
Lead Paint Removal Loans
A low cost, no monthly payment loan option for homeowners in a crisis situation with a lead paint poisoned child or child under the age of six who is living in a home with lead paint.
- Flexible Underwriting
- Liens in first, second, third and forth position will be considered.
For More Information About The Get The Lead Out Loan Program
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We Provide A Full Range Of Financial Services
- Fixed or Variable Rate Real Estate Loans
- Home Equity Loans
you get serviced by local experienced people from a local bank!
- Fixed Rate Mortgages – Low down payment mortgages are available with terms to fit your needs. Fixed rate mortgages are also available for 1 – 4 unit investment properties.
- Balloon Mortgages – Various terms are available for owner and non-owner occupied properties.
- Payment Protection Insurance – Life and Disability is available for our fixed rate mortgages.
The simple solution for a one-time need.Home Equity Lines The borrowing solution that lasts a lifetime.Why Equity borrowing?
Is Patriot Community Bank An Expensive Mortgage Lender
We compare mortgage interest rate and loan related closing costs at Patriot Community Bank with other lenders for mortgages with similar borrower characteristics:
Interest Rate: lower than average Loan Related Closing Costs: lower than average Assessment: this lender tends to be a cheap lender.
This scoreboard is based on data reported to FFIEC. In the data, Patriot Community Bank originated 187 mortgages, a national market share of 0.0%. It was most active in MA , RI , and NH .
Patriot Community Bank originated Conforming mortgages for new home purchases. We breakdown its interest rate and total loan related closing cost on by each of the mortgage types it originated below:
Home Purchase Mortgages from Patriot Community Bank compared to other lenders
| Conforming |
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Personal Statement Savings Account
Patriot Community Bank offers Personal Statement Savings Accounts. Personal Statement Savings account customers may make deposits and withdrawals to their account in person at the bank or by using an ATM card or Online Banking. If you want the convenience of not having to go to the bank to make withdrawals and deposits this account may be best for you.
Contact Richard Archambault To Discuss Your Business Finance Needs
Richard Archambault, Senior Vice President Commercial Lending
Direct: 781-404-1207 | Fax: 781-935-2684
Rick Archambault joined Patriot Community Bank in 2010 with over 35 years of experience in all aspects of commercial lending. His vast experience includes construction and commercial real estate financing with a strong focus on lending to commercial real estate investors and owners throughout the greater Boston area. Ricks customers appreciate the Banks fast turnaround that results from his extensive knowledge with the local real estate market and loan structure skills both simplifying and expediting the process.
Patriot Community Bank is proud of its community values and its ability to have decisions made locally in a timely manner – as only a local community Bank can. Moreover, Patriot Community Banks wide array of competitive lending products and exceptional customer service contributes to highly-satisfied customers.
Rick is an 1981 graduate of Plymouth State University and formally credit trained as a 2008 graduate of the ABA Stonier Graduate School of Banking at the University of Pennsylvania and the ABA National Commercial Lending School at the University of Oklahoma in 1999.
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Home Equity Loans Vs Helocs
Your homes built-up equity can become one of the most useful tools in your financial toolbox. F & M Community Bank gives you two options to put your homes equity to use: Home Equity Loans and Home Equity Lines of Credit .
A home equity loan is a lump sum loan that you take out, using your homes equity as collateral backing. A HELOC, on the other hand, is a revolving line of credit that you draw on as needed. Both home equity loans and HELOCs can be used for a variety of things, including:
- Education expenses
Federal Housing Authority Loan
The Federal Housing Administration provides mortgage insurance on loans made by FHA-approved lenders, including Community State Bank. FHA insures these loans on single-family and multi-family homes in the U.S. and its territories. FHA loans* are a good option for first-time homebuyers who may not have saved enough for a large down payment. Minimum down payment: as low as 3.5%
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To All Debit Card Holders
For your protection and due to the elevated levels of debit card fraud, non-PIN based transactions will have limited acceptance with merchants and internet usage. If your card is declined, run it as a debit and key in your PIN. It works every time. Foreign internet activity will be declined except under limited circumstances.
Please call us with any debit card questions at: 287-4909 1-833-337-6075
Scams In Between Stimulus Packages
As we publish this post, a second stimulus package has not yet been finalized by Congress. While theres a lot we dont know, we DO know a few things about what scammers do when this kind of uncertainty is in the headlines.
If theres another stimulus payment, you wont have to pay to get it.
Just like last time. Nobody will call to ask for your Social Security, bank account, or credit card number. Expect any stimulus program to look a lot like the first one: people who qualify would get money direct deposited, or youd get a debit card or check mailed to the address you use for your taxes. The details will follow, if a bill gets signed into law. In the meantime, dont pay to get any economic impact payment, and keep your info to yourself.
Dont pay for job opportunities. Scammers know that lots of people need to find a job, and theyll be happy to charge you for what winds up being nothing. Scammers also pay for online ads, promising you ways to earn money online. But do your research before you sign up and certainly before you pay.
They may be able to help you figure out a solution. If you spot one of these scams or any scam at all, please tell the FTC at ftc.gov/complaint.
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Business Online Banking And Cash Management
Powerful tools help manage your cash flow. With secure round-the-clock access to your accounts, youll never need to leave your office to make a transaction. And, since the technology is web-based, theres no software to install and you can access the site from any computer in the world. With Business Online Banking and Cash Management, you can save time, improve your cash flow, and streamline your cash management procedures, all in a fully secure environment.
Real-time Account Balances Transfer Funds between accounts in real time State and Federal Tax Payments Bill Pay Services Positive Pay Have the ultimate control. Add, eliminate and edit users. Control user authority and access to accounts and information All in a fully safe and secure environment
Put technology to work for you. Business Online Banking and Cash Management have never been easier-its like having a dedicated financial planner as part of your staff. Sign up today and start putting technology to work for you with our time and money-saving Business Online Banking and Cash Management tool. Please for more information.
Make Yourself At Home
After serving the region for more than 120 years, Community State Bank has earned the reputation as one of the most flexible and customer-friendly mortgage lenders in Racine County, Kenosha County and Walworth County in Southeast Wisconsin.Our mortgage lending team helps you when you need them including weekends. Whether youre a first-time homebuyer or an existing homeowner, looking to build or refinance, were here to help!
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Let Us Help Your Business Reach Its Financial Goals
Our highly-experienced, Commercial Loan Officers listen to your needs and will develop a financial plan customized for your business. As a community bank we are flexible and able to provide innovative solutions.
We walk you through the application process and answer any questions you may have. Our rates are competitive and our personal service can’t be beat.
Let us help you with flexible financing terms and other services to help your business thrive. Whether your business is big or small, we can help with:
- Commercial Mortgages
Adjustable Rate Mortgage Loan
How long are you planning to own your home? If youre planning on selling or moving within the next five years, an adjustable rate mortgage loan may be a great option for you. An ARM offers lower early payments than a fixed-rate mortgage. Your interest rate is fixed for five years and becomes variable for the remaining loan term, adjusting every year after that. Minimum down payment: 5%
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Who We Are
Patriot Bank is a full-service bank with a focus on community service. The bank serves the growing markets of Shelby County, Tipton County and west Fayette County with a wide range of consumer and commercial accounts and a mortgage division. Patriot Bank opened in Millington in October 2001 and has grown to eight full service banks in Millington, Arlington, Collierville, Rosemark, and Raleigh Springs in Shelby County, and Covington, Covington South and South Tipton in Tipton County. Patriot Bank Mortgage serves Shelby, Fayette and Tipton counties, with offices located in Millington, Arlington, Collierville, South Covington, Raleigh Springs and South Tipton.
