Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Find Your Local Branch
Back
Scroll to top

Banks That Offer Personal Loans

Personal Finances 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

There are hundreds of banks that offer personal loans, but sometimes choosing a bank that is the right fit you can be difficult. That’s where First Bank comes in.

At First Bank, we want to make finding a personal loan as easy as possible, which is why we offer some of the best personal loans in North Carolina and South Carolina.

Banks That Offer Personal Loans

First Bank Offers Personal Loans to Meet a Variety Of Needs

Now that you’ve found First Bank, you don’t have to choose between banks that offer personal loans any more. Our personal loan options can be customized to meet your needs, and each is offered with flexible terms and highly competitive rates. Our personal loan options* include:

  • Personal Line of Credit — This line of credit allows you to borrow money as soon as you need. You can even write a check to request cash. You may be required to provide qualified collateral to secure your personal or commercial line.
  • Credit Card with Rewards — Enjoy the freedom to make everyday and monthly purchases in a convenient and secure way with a First Bank credit card*. Plus, earn rewards points on purchases when you use your eligible card.
  • Home equity lines of credit — Take out a loan using your accrued home equity as collateral and fund a large project like medical bills or college tuition.
  • Auto loans — Purchase your ideal car with the help of an auto loan from First Bank, offering competitive rates, a fast, secure application, and approval rates that last 30 days.
  • Boat loans — We provide competitive rates and flexible terms with no prepayment penalty for our boat so you can take the plunge on your next adventure.

Visit Your Local First Bank Today

If a personal loan isn’t what you need, don’t worry. First Bank offers other loan options such as credit cards and business loans. To begin an application or to learn more about our loan options, visit your local branch.

*Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated.

———

Sources:

Investopedia: http://www.investopedia.com/terms/o/overdraft.asp

Ready to talk to an expert?

Find A Location Get In Touch
Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

FHA Loans vs. Conventional Loans: How to Tell the Difference Overwhelmed with the prospect of buying a home? FHA loans and conventional loans are likely two sources of financing that you’ve considered. Let First Bank help you understand these options and come to a conclusion about which best suits your needs and budget. After all, choosing the right loan is key for timely, affordable payments. Choose the Right Loan with First Bank If you’re a first-time homebuyer or interested in purchasing your second home, there are different qualifications for each loan you should consider: FHA loans—The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by approved lenders. Single and multi-family homes in the United States (and U.S. territories) can qualify. First Bank can help put you on the right track to securing one of these loans. The advantages of an FHA loan can be: Owing a lesser down payment, as low as 3.5%. Enjoying quicker eligibility following a major credit issue such as bankruptcy or foreclosure. Allowing a co-applicant to help you get the loan, even if you don’t live in the same household. Conventional Loans—A non-government insured loan that can be used with a second home purchase or an investment. Unlike FHA loans, conventional loans can require a higher credit score (often a minimum of 640), but they can have some major advantages for you. Conventional loans can allow: A risk-based premium, unlike FHA where one set premium rate is required from everybody, MI if applicable. Your monthly payments to be lower, even if you have a higher interest rate. Your loan to cover a higher loan amount. You to cover different types of loans like, investment or second home (FHA doesn’t do those types). When considering an FHA loan versus a conventional loan, keep in mind that conventional loans are not affiliated or insured with the government like FHA loans. Additionally, an FHA requires mortgage insurance and conventional loans do not, unless the LTV exceeds 80%. There is an upfront MI premium (1.75%) that is required on FHA loans that is not required on Conventional loans. For a more detailed look at FHA loans versus conventional loans, or assistance with applying, call or meet with your local mortgage loan professionals. *Loans subject to credit approval. 3 min read
Mobile Check Deposits from Anywhere Before mobile phones and tablets, checks had to be cashed in person or by mail. Now, mobile check deposits allows you to deposit your checks from anywhere, so long as your mobile device has Internet or cellular service. Most banks provide mobile apps to make the process easier, and First Bank* is no exception. First Bank provides mobile check deposits** for businesses and individuals so that you can deposit a check from anywhere, safely and securely. How Mobile Check Deposits Work Mobile check deposit use digital technology to deposit money into your account. All you need is a smartphone or tablet with a good camera. Here’s how it works: Sign Checks and Find a Flat Surface Even with digital deposits, the back of a check needs to be signed by the account holder. For added security, you can also include a restricted endorsement, such as, “For Mobile Deposit Only” underneath your signature. Next, find a flat, well-lit surface. This will help you get the best possible image. Take Photos Using the App Using the secure camera within First Bank’s mobile banking app snap a picture of the front and back of the check. You’ll see prompts on the screen that will help guide you. Make sure to wait for the camera to focus before taking the picture so that numbers and letters are clear. Deposit multiple checks per day using your mobile app. At First Bank, individuals can deposit up to $5,000 in mobile checks in one day, and business accounts can deposit up to $10,000 per month*. Deposit Your Checks When you press deposit, the pictures of your checks are sent to our databases and reviewed. At First Bank, if you deposit your checks before 6 PM on a normal business day, your funds will appear in your account the next day (if approved). Check Your Email for Verification First Bank sends an email verification for all mobile check deposit transactions for your records. Get More with Mobile Banking First Bank offers comprehensive mobile banking** options for the modern consumer. Our app is available in both the iTunes and Google Play stores, and can be used to deposit checks, transfer funds, manage accounts, stop payments, and link to external 3 min read
Image for tile. Tips to Freshen up Your Budget First Bank Clients: Are you using your MyMoney tools in online banking? MyMoney Manage your budget, track your spending, and modify your debt payback plan - all from your First Bank online banking account. Learn how Start with your (e)mail. Do you have a system for keeping your mail organized and sorted? Credit card and loan statements, bank statements, bills, and receipts can pile up quickly. An organized mail area in your home is the first step in keeping track of your bills and expenses. Bring that cleaning momentum into your email inbox and organize your e-statements too. If your email inbox is piling up, it might be time to clean it out. Here are a few email cleaning suggestions. Tally up your monthly expenses. You can use paper and a pencil, a spreadsheet, or budgeting software. Choose a method you are most comfortable with and get started. If you search for budgeting templates in Google, you’ll find a seemingly endless number of options. A template similar to this option from Microsoft is a good starting point for logging your expenses in a spreadsheet. Check in with your automatic and recurring transactions. Many utility providers, subscription services, and credit cards offer automatic payment options. Autopay enrollment is a great way to ensure you won’t miss a payment, but it can become easy to lose track of where your money is being spent. If you like the convenience of automatic payments but want to keep a better eye on those transactions, consider enrolling in Bill Pay. At First Bank, our Bill Pay system allows you to manage all of your payments from one place. Learn more about First Bank Bill Pay here. Predict your variable expenses. Examples of variable expenses are food, gas, clothing, pet care, prescriptions, etc. that change each month. These are more difficult to pin down, but there are a number of ways to do it. You can either look into the past and add up expenses from each spending category, or you can track those expenses moving forward in real time. Whichever your preference, having a strong understanding of how much you should be spending on non-fixed expenses each month will give you a more accurate picture of your discretionary spending. For a list of common personal budgeting categories, click here. Refine your debt repayment and savings goals. It’s hard to choose between prioritizing debt repayment or saving for the future. While you want to avoid paying unnecessary interest and penalties on your debts, it’s also important to have an emergency savings fund so that you’re less likely to incur more debt when unexpected expenses arise. Many experts recommend having enough saved to cover 3-6 months of expenses. First Bank offers a number of savings account options so that you can keep that money separate from your checking account. Did you know that First Bank credit cards offer $0 balance transfer fees? Here is a helpful calculator to see if a First Bank credit card is right for you. If you’re struggling with making your debt payments, you’re not alone. Our bankers understand that circumstances can be tough and everyone has a different financial story. We want you to feel comfortable talking about you finances and confident in creating a successful path forward. Please reach out to your local First Bank and we’ll do what we can to help you get back on track. Use your discretion. With recent cost of living increases, your typical discretionary expenses are most likely also increasing and could be throwing off your budget. Depending on your debt and savings goals, you might want to readjust your discretionary spending to allocate more for debt payments and savings deposits. MyMoney: Your First Bank Advantage If you’re a First Bank client, log in to your online banking account and explore the Financial Tools section (also known as MyMoney). This service will create a budget snapshot for you. To ensure accuracy, you’ll want to link all of your active banking accounts and customize your spending categories. Find MyMoney instructions here. One of our favorite ways to use MyMoney is to select the ‘Trends’ tab and view your monthly trends by category. You’ll have a nice breakdown of each expense category with the amount spent shown per month. 4 min read
Find the Best Savings Account Rates at First Bank in North Carolina Finding the best savings account rates in North Carolina can be beneficial for many reasons. Whether you want to save money in the case of an emergency or start a fund for your child’s education, having the right savings account can help you reach your goals. At First Bank, we are confident you can find what you need with one of our many savings account options. Compare NC Savings Account Rates at First Bank When you’re looking to compare rates, it’s important to know what you’re getting from a savings account. At First Bank, we have six types of savings accounts at competitive rates that can fit your financial goals: Everywhere Savings The Everywhere Savings is First Bank’s signature savings account that can be tailored to meet your financial needs. With a minimum of $50 to open, our savings benefits include: 2 free withdrawals per month* No minimum balance to earn interest Free online and mobile banking* Free online bill pay Free eStatements or paper statements MyFirst Savings If you’re under 18 years old and you’re ready to start saving, the MyFirst Savings account is a great way to teach your kids the value of money at an early age. With only a $10 deposit to open, our savings benefits include: 2 free withdrawals per month* No minimum balance to earn interest Free online and mobile banking* Free online bill pay Free eStatements or paper statements Money Market For higher rates and access to your funds when you need it, the Money Market savings account can help you stretch your dollar. A $1,000 minimum is required to open this account to access benefits, including: 6 free withdrawals per month* Free online and mobile banking* Free online bill pay Free eStatements or paper statements More Savings Account Options If you do not need immediate access to your funds, Certificates of Deposit (CDs) typically offer higher rates than other savings accounts. A First Bank CD is a safe, FDIC-insured investment, and requires minimum deposit of $1,000 is required to open.* In addition to these accounts, we also offer Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs) to accommodate your specific savings needs.* How Savings Account Rates in North Carolina are Calculated 6 min read
First Bank logo
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.