Some banks show extraordinary performance for both individual and business customers and Clinton National Bank is one of them. Their wide range of services with dedication makes them the most successful bank over there.
From cash management to financial consultation, everything is possible to get from this bank. Consumers of this bank feel very happy all the time. But the best side we’ve found on this bank is, it supports farmers through their agriculture loans.
That’s why we tried to get more information about it and we succeeded. Below we’ve shared every detail about it that we’ve found after deep research.
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About The Clinton National Bank
As one of the oldest financial institutions, this bank was founded in May 1865. At first, they were focused on offering banking services based in Clinton, Iowa. This is the place where we found the headquarters of this bank.
According to the Federal Deposit Insurance Corporation record, this bank is fully functional as a commercial bank and its FDIC insured. They have a total of 9 branches over the region.
Based on its capital and activity, it becomes the 29th largest bank in Iowa. For the necessary transfer, direct deposits, and bill payment, this bank made itself best. Here is the most basic information about this bank.
|Bank Profile Name||The Clinton National Bank|
|Bank’s Headquarters||235 Sixth Avenue, South Clinton, Iowa 52732|
|Established||May 1, 1865|
|Become FDIC Insured||Jan 1, 1934|
|Number of Branches||9|
|Online Banking Website||www.clintonnational.com|
What Are The Products This Bank Offers?
We were amazed after reviewing the product list of this bank. There is not only a variety of products but also the rate as well. Take a quick look at their available financial products and support.
- Online Banking
- Mobile Banking
- Checking Accounts
- Savings Accounts
- Phone Banking
- Consumer’s Loan
- Mortgage Center
- Debit & Credit Card
- Business Online Banking
- Checking Accounts
- Business/Merchant Services
- Commercial Loans
- Agricultural Loans
Active Hours of Clinton National Bank:
Not every day this bank gives your services, especially in-person service. They have some specific dates and times as opening and closing hours.
|Monday:||10:00 AM – 5:00 PM|
|Tuesday||10:00 AM – 5:00 PM|
|Wednesday||10:00 AM – 5:00 PM|
|Thursday||10:00 AM – 5:00 PM|
|Friday||10:00 AM – 5:00 PM|
Bank Fees For Financial Product:
This bank minimizes the charges in many ways. Below you can find it.
|Non-Sufficient Fund (Overdraft)||N/A||$30|
|Stop Payment Item||N/A||$27|
|Domestic Wire Transfer (Outbound)||N/A||$22|
|Domestic Wire Transfer (Inbound)||N/A||$10|
What Types of Support Does It Offer For Local Farms & Agribusiness?
This bank decentralized its motto to provide banking services. As a result, we saw that their financial product line is not for a specific region or community. They serve their service for everyone.
Even it supports local firms and agribusiness as well. This bank is committed to doing its best for the farmers. They assist farmers to purchase livestock, feed, grain, machinery, equipment, and many more that are related to this profession.
If a farmer needs to purchase more than that or refinance something special for his professionalism, then this bank also assists with that. Here are some examples are given below related to financial services.
USDA Preferred Lender
Under this section, longer-term financing options are available. It’s attractive to the farmers only for one single benefit and that is fixed asset purchases.
Only a few products of this bank offer convenient access to needed funds. Revolving Line of Credit is one of these that is only for agribusiness. This loan is easily arranged even with a phone call. For any single day, this fund is available but they only need to pay interest.
Secondary Market Sources
Another good side is, this bank also offers a long-term fixed-rate product. It is possible because of the access to secondary market sources. To fit your borrowing needs in the best way this bank does what they need to do with these secondary market sources.
What Is The Best Part For The Mortgage Loan of This Bank?
Only a few banks can approve loans or mortgage appraisals online in minutes and this bank is one of these. It’s not only best for fixed-rate conventional mortgage approval but also helps you to close your mortgage quickly as well. So here are the steps to follow.
- Go to their website and look for the mortgage center. After opening the page, click on apply now.
- It’s time to fill up the application by providing necessary information as required.
- If you complete the application, then submit it by clicking ‘Submit’. You’ll see all the provided information.
- You’re done with the application. Now the lender will follow up on your application and give you feedback within 1 or 2 business days.
So what type of mortgages and loans can we get? Based on your need, you can get Fixed Rate Conventional Mortgages, Home Equity Line of Credit, Home Equity Loans, Other Conventional Loans, Investment Property Loans, VA Loans, FHA Loans, USDA Rural Housing Loans, and Construction Loans.
What Is Today’s Rate?
Rates always vary based on current banking activity, rules, and regulations. Here is the chart for different rates for different products.
|30 Year Fixed Rate||3.250%||3.333%|
|20-year Fixed Rate||3.000%||3.116%|
|15 Year Fixed Rate||2.500%||2.647%|
Home Equity Fixed-Rate:
|Home Equity Loan – 1st Mortgage (IA)||4.5005||4.517%|
|Home Equity Loan – 2nd Mortgage (IA)||5.500%||5.518%|
Home Equity Line of Credit:
|Home Equity Line of Credit (IA)||4.000%||4.000%|
From deposit to online service, everywhere the Clinton National Bank makes a remarkable score. To provide financial services, our expert tried to compare the services of this bank with other banks that are successful in the banking business. But this bank is a phenomenal choice for everyone.
Even their customer service and the way to reach clients are better than the best. It doesn’t matter which type of client you are, this bank won’t make you frustrated.