Storm Damage Solutions
Recent storms in the Lincoln area have impacted our neighbors and friends. In response, we have developed customized products to help you address the damage that you may have incurred to cars, landscaping, homes and businesses.
We're hoping that we can help lessen the burden that you feel from these unexpected events and expenses.
- Home Equity Loans & Lines of Credit starting at 3.50% A.P.R. for storm damage repairs and home improvements.
- 2.016% A.P.R. on new or used auto loans to help you replace your hail damaged vehicle(s).
- Instant Loan up to $2,500 to help meet your insurance deductible.
We are your neighborhood bank and we have solutions to help you weather the storm. Stop by our Lincoln location at 2655 Jamie Lane or call (402) 420-0560 for details. You can also contact us via email here.
*Home Equity Loan: 3.50% A.P.R. (annual percentage rate) is based on a $20,000 loan with a 60 month term with estimated monthly payments of $363.54. Loan terms as follows: Minimum loan amount to receive interest rate is $5,000, amortized over 60 months with a maximum term of 60 months; charges between $640 - $850 may apply. Payment must be automatically debited from Midwest Bank checking account. Loans subject to credit approval. Property insurance is required. Consult your tax advisor about the tax deductibility of interest. Offer available through 9-5-16
*HELOC: 4.00% A.P.R. (annual percentage rate) will be fixed for the first 2 years, adjusting semi-annually after the initial fixed rate period. At that time, the rate will change to 0.50% above Low Wall Street Prime currently at 3.50%. Charges between $262 - $687 may apply. Making the required interest payment may result in a balloon payment at the end of the 5 year term. The maximum A.P.R. that may be imposed is 18.00%. Minimum loan amount is $10,000. Loans subject to credit approval. Property insurance is required. Rates are subject to change. Consult your tax advisor about the tax deductibility of interest. Offer available through 9-5-2016
*Auto Loan Special: 2.016% Annual Percentage Rate (A.P.R.) is based on a $20,000 loan with an estimated monthly payment of $350.82 for a 60 month term. Loan terms as follows: 2014-2016 up to 60 months; 2011- 2013 up to 48 months; 2010 - 2009 up to 36 months. Applicable Fees: Filing fee of $7.00 & will be added to the loan amount and $68 documentation fee. To receive promotional rate, payment must be automatically debited from Midwest Bank checking account. Loans subject to credit approval. Comprehensive & collision insurance are required. Offer available through 9-5-2016
*Instant Loan: 6.95% A.P.R. (annual percentage rate) will be fixed for the maximum term of 12 months. Maximum loan amount of $2,500 with a minimum payment of $100. Monthly payment based on a $2,500 loan will be $216.26 with the maximum term of 12 months. No fees apply. Evidence of Insurance Deductible and Claim required. Payment must be automatically debited from Midwest Bank checking account.