About The Community
Reinvestment Act...
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The federal Community
Reinvestment Act (CRA) makes
good business sense to us and
means good credit news for you.
The CRA requires federal
regulators to evaluate-and
rate-our performance in meeting
the credit needs of this
community. After each
evaluation, the rating we
receive will be made public.
Only when we meet acceptable
performance standards are we
able to have certain
applications, such as expansions
or new branch openings, approved
by the regulators.
What we offer to our
community...
Our goal is to meet the credit
needs of all qualified borrowers
in a nondiscriminatory, timely
manner.
To accomplish this, we offer the
following types of credit:
-
Balloon Mortgages
-
First Time Buyer Mortgages
-
Freddie Mac Mortgages
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FMHA, FHA and VA Loans
-
Home Equity Loans
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Home Improvement Loans
-
Residential Lot Loans
-
Residential Construction
Loans
-
Agricultural Real Estate
Mortgages
-
Livestock Loans
-
Farm Machinery Loans
-
Operating Loans
-
Commercial Mortgages
-
Commercial Operating Loans
-
Commercial Construction
Loans
-
Construction Equipment Loans
-
Recreational Vehicle Loans
-
Mobile Home Loans
-
Auto Loans
-
Truck Loans
-
Personal Loans
To further educate the public
and gather data about our
community's credit needs, we
offer the following
informational activities:
Officer's Call Program
Guest Lectures at Local Schools
Community Advisory Committee
To reach all segments of our
community and inform them of
what we have to offer, we use
the following types of
advertising media:
-
The
Times
-
Ottawa Delivered
-
Bulletins
-
Radio: WAJK, WCMY, WRKX,
WLPO, WSPY, WCSJ, WJDK
-
Area Wide Phone Book
-
Yellow Pages
-
Community Churches
-
High School Year Book &
Sport Programs
-
Flyers
-
Direct Mail Program
-
Lobby Displays
-
Drive-up Window Envelopes
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and
the Internet at
www.firstottawa.com.
So we can better
recognize your credit
needs and aid in the
development of our
community, we proudly
contribute our time and
lend our expertise to
local organizations.
Should you have other
credit needs not
included in these lists
or suggestions on how we
can better serve you,
please let us know.
We'll do all we can to
assist you in any way.
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