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1st Community FCU

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Description

Offering a range of financial services tailored to small businesses and members, this financial institution specializes in SBA lending programs to support business growth and development. With a focus on community banking, it provides personalized loan options, including SBA 7(a) loans, to help entrepreneurs secure the funding they need for expansion, equipment purchase, or working capital. The bank’s experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Its commitment to local economic development makes it a trusted partner for small business owners seeking flexible financing solutions. Additionally, the bank offers various deposit and banking services designed to meet the needs of individuals and businesses alike, fostering long-term financial relationships within the community.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
75
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused financial institution offering SBA loan programs, banking services, and support for small businesses and residents in the area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
You can walk in during business hours or schedule an appointment for personalized service with a banking representative.
Question 3
What are the hours of operation?
Answer 3
The bank is open from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are standard banking and application fees for loans, but no fee to simply visit or open an account.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents, small business owners, and community members within its service area.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 or higher is generally required for loan approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 30 to 45 days, depending on the loan complexity and completeness of documentation.
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