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Before Applying for a Loan, Consider the 5 C’s of Credit

Before applying, consider the 5 C's of Credit

Have you ever applied for a business loan with your bank and walked away wondering what criteria the bank uses to decide whether or not to approve your loan? Every bank is different and there will be differences in loan

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Posted in Business Banking, Personal Finance

Drayton McLane III elected to Central National Bank board

Earlier today, Bill Nesbitt, chairman and CEO of Central National Bank, announced that Drayton McLane III has been elected to the board of directors of Central National Bank and its holding company, CentraBanc Corporation. McLane III, a native of Temple,

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Posted in Community

How to set up your company to pay employees with direct deposit

Pay To - Fbook

If you’re a business owner or manager looking to pay your employees with direct deposit, figuring out where to start can be a little tricky. For instance, should you start by talking to your bank? Or, maybe your accounting software

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Posted in Business Banking

Understanding Primary vs. Secondary Home Mortgage Options

Understanding the differences between primary and secondary market lenders

A mortgage has become synonymous with home financing, but it’s important to understand there’s not just one type of mortgage. In fact, there are many different lending options at your disposal when it comes time to purchase your home, and

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Posted in Banking, Personal Finance

Why your business might should dump Tiered Rate for Interchange Plus

Dumpsters - Web

There are two prevailing schools of thought when it comes to credit card processing fees. And, chances are that—if your business accepts credit cards—you’re set up under one of these fee structures: Tiered Rate or Interchange Plus. Knowing the difference

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Posted in Business Banking