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First Security Bank offers money saving benefits
First Security Bank makes financing a college education more affordable by offering borrower benefits when loans are in repayment. There are two types of benefits for which borrowers of both Federal Stafford and PLUS loans may qualify:
• 1.00% principal credit after the first 3 payments made on time
• 1.50% interest rate reduction after 12 payments made on time
• 1.00% EZ Pay interest rate reduction for using an auto debit payment process
• No Federal Default Fee - 1% more to you in loan proceeds
Total Savings of 1% of Principal, 1% more loan proceeds, and 2.5% Interest Rate Reduction
