You put together your business plan. Now you need to seek financing to make your plan a reality. Next step – meet with a business banker. However, before you have this meeting, you will want to have a list of questions to ask your business banker. Particularly, you will want to investigate what type of… Read More
11 Things to Do to Close A Business Loan Faster
Wondering how to close your business loan faster? If you want your loan to move quickly through the approval process, start off by being organized, and having all the required paperwork in order. When applying for a loan, it’s important to know you’ll need to provide to the lenders. Think of your loan application as… Read More
11 Signs You Should Invest In Expanding Your Business
Remember when you first started your business? You developed your lists of questions that needed answers, sought advice from professionals and then moved forward. You have been successful. Now you find yourself at another crossroads. Expansion. Now what?
Enhanced Online Banking Experience
Exciting news! On October 24, we will upgrade your Online Banking experience. The new online banking system will have an updated look and feel along with some new features to improve your overall online experience. The updated design will make it easier and more convenient for you to manage your accounts online. Here are a… Read More
Employee Spotlight: Teresa Beegle
Benjamin Franklin once said that “if you want something done, ask a busy person.” Meet Teresa Beegle, Compliance and BSA Officer for Chelsea State Bank…and a very busy person! For anyone who has had the opportunity to work with Teresa, they know she is always busy, upbeat, and she gets things done! Teresa has been… Read More
Employee Spotlight: Thomas DuMont
Meet Thomas DuMont, Senior Vice President, Commercial Lending Manager for Chelsea State Bank. Tom joined the Bank in April with 21+ years working for regional and national banks, including six years at JP Morgan Chase, and 12 years for Huntington Bank. His most recent position was Community President, Jackson County, at Huntington Bank. “I am… Read More
Employee Spotlight: Dawn Vann
Meet Dawn Vann, a Loan Processing Clerk for Chelsea State Bank, fulfilling one of her childhood dreams! Dawn began her career with Chelsea State Bank three years ago as a Teller. As someone who is always looking for a challenge and to learn new things, Dawn was excited to move into the loan processing area… Read More
Cash Out Refinance vs HELOC: Which is Right for You?
The home market is extremely competitive right now with historically low mortgage interest rates. This is an ideal time to consider a cash-out-refinance if you are considering remodeling your current home, paying down debt and/or having extra cash for something else you’d like to do. A home equity loan and home equity line of credit… Read More
5 Mortgage Refinancing Tips to Save Money
It’s an exciting time to refinance your current mortgage because interest rates are historically low today. In most cases, you will save money when you refinance. However, you will want to pay attention to the details during this process. Working with your mortgage banker right away will help to make sure you are getting the… Read More
Cash Out Refinance vs No Cash Out: How to Choose
Refinancing is the buzz today because mortgage interest rates are historically low. And when interest rates are low, it’s also an ideal time to think about refinancing with cash out. Let’s take a look at how to choose whether you refinance with or without taking cash out. Home Improvement When thinking about taking cash out… Read More