Federal Employee Emergency Assistance Program To help our friends and neighbors who are affected financially by the Federal government shutdown. Skip-A-Payment Firstar Bank will allow furloughed customers to skip one installment loan payment. Eligibility • • • • Borrower must have an existing loan in good standing with Firstar Bank Must provide proof of furloughed status Must contact the bank to make arrangements Does not apply to new loans made after 10/01/13 Terms • • • • No deferral fee, no late fee Both payment and interest will be suspended Skipped payment will extend the maturity of the loan by one month Does not apply to business or mortgage loans Emergency Loans Firstar Bank will loan furloughed individuals up to one month’s take-home salary. Eligibility • • • • • Employed in the bank’s market area – Muskogee, Sequoyah, Tulsa, or Sebastian Counties Applicants do not have to be existing bank customers Must provide proof of furloughed status Must provide proof of take-home pay such as a paystub or a bank statement Minimum credit score of 640 Terms • • • • • • No fees No collateral required Reduced interest rate Terms up to 12 months Automated monthly payments No pre-payment penalty For More Information • • • Call toll-free (866) 681-1650 and ask for the lending department Go to www.firstar-bank.com and click on “Lending Services” for an application Visit one of our locations: Muskogee – 510 N. Main Street Sallisaw – 1720 E. Cherokee Muskogee – 2215 Chandler Sallisaw – 209 S. Kerr Tulsa – 10124 S. Sheridan Roland – 103 E. Ray Fine Fort Smith – 4300 Rogers Offers apply to government employees only and expire when furloughs end. Additional restrictions may apply. Loans subject to credit approval. Programs/rates are subject to change without notice. APR quoted upon request. Skip-A-Payment - Interest will continue to accrue on your loan balance. The total finance charge on your loan was calculated and disclosed to you based on regular monthly payments of principal and interest. Deferring a payment will delay the scheduled reduction of the principal balance of your loan and, as a result, may increase the total finance charge on your loan.
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