Where Your Locally Spent Dollar Goes [Infographic]

In a recent article, we dug into the “shop local” trend. To help highlight the key facts, we created this handy infographic.

Click the image below to enlarge it.

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Best Checking Accounts – North Carolina First Bank strives to provide our customers with the best checking accounts in North Carolina. That is why each of our checking accounts comes with unique benefits such as free online and mobile banking and free online bill pay. Compare Checking Accounts from First Bank in North Carolina First Bank strives to provide our customers with the best checking account options. That is why each of our checking accounts comes with unique benefits and features. Our checking account options include: Everywhere Checking — our most basic account. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Everywhere Plus — earn interest on the money you save. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Interest at a minimal balance requirement* Everywhere Premium — enjoy premium benefits. Free online and mobile banking* Free online bill pay Free eStatements or paper statements No transaction fees on out-of-network ATM withdrawals Earn rewards points when use your eligible First Bank credit card* Free member checks or 50% discount on alternate check designs 4 free official checks per statement cycle Interest at a minimal balance requirement Campus Checking — an account specifically for students under 25. No monthly maintenance fees Free online and mobile banking* Free online bill pay Free eStatements or paper statements No First Bank transaction fees on 8 out-of-network ATM withdrawals per month Earn Rewards Points at hundreds of online retailers when you use your eligible First Bank credit card Senior Checking — for customers over 55. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Free basic checks or 50% off other designs Checking Account Comparison Chart We have an easy-to-scan checking account comparison chart to help you find the right fit account. Why First Bank? First Bank has evolved to meet the needs of our customers. We started out as a small bank in a small North Carolina town, helping local farmers and businessmen manage their finances. Since then we have expanded our services and clientele over three states, and we 4 min read

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How to Get a Home Equity Line of Credit If you are thinking about taking out a loan to finance a major expense, such as home repairs or college tuition, a home equity line of credit (HELOC) or loan could be a good option. With a home equity line of credit, you borrow money from your home’s equity — the difference between the value of your home and what you owe on the mortgage. First Bank is here to help you obtain a HELOC. HELOCs are different from home equity loans. With a HELOC, you are borrowing money on a revolving basis, similar to a credit card, and you can request cash any time you need it by writing a check. HELOCs also typically have variable interest rates, which differ from the fixed interest rate of a home equity loan. The amount you are allowed to borrow depends on the amount of equity you have in your home. It can also be dependent on your income, credit history, and market value of your home. Home Equity Lines of Credit (HELOCs) from First Bank* Home equity lines of credit from First Bank: Revolving sum of money, available as needed over period of time Have low interest rates Can be secured by the equity in your primary or secondary home Can be accessed with specially designed checks that are free of charge May allow interest to be up to 100% tax deductible** If you have more questions about home equity loans or lines of credit, or are ready to apply, visit your local First Bank branch to speak with one of our loan experts. *Member FDIC. Equal Housing Lender. NMLS #474504. Loans subject to credit approval. **First Bank and its representatives do not provide tax advice. Each individual’s tax and financial situation is unique. Individuals should consult their tax advisor for advice and information concerning their particular situation. ———- Sources: Consumer: https://www.consumer.ftc.gov/articles/0227-home-equity-loans-and-credit-lines Investopedia: http://www.investopedia.com/terms/i/interest.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186 2 min read

Where Your Locally Spent Dollar Goes [Infographic]

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