-

National Bank of Coxsackie Announces Small Business Loans Special

COXSACKIE, N.Y.--(BUSINESS WIRE)--In response to rising interest rates issued by the Federal Reserve to slow inflation, the National Bank of Coxsackie (NBC) has initiated a Small Business Loans1 Special. Qualifying small business customers will be able to apply for commercial installment loans at a fixed rate as low as 3.99% APR2 for up to 60 months.

“NBC is committed to support communities by helping businesses with their funding needs at competitive interest rates,” notes Charlene L. Slemp – Vice President and Chief Credit Officer for the bank. “We've specifically allocated $250,000 in funding to provide loans to new businesses with a particular focus on Women & Minority owned businesses. This is an exciting special for us to be able to offer and we'll be able to help many local businesses secure the funding they need to grow.”

Interested Small Business customers are encouraged to apply at their earliest convenience, either online at https://www.nbcoxsackie.com/nbc-express.php or in-person at their local branch. The minimum loan amount is $10,000, and it must close by December 31st, 2022 to qualify for the low fixed rate.

1Pending credit approval. Installment loans only. Real estate related loans not included
2APR= Annual Percentage Rate. Member FDIC. For full terms and conditions see local branch.

Contacts

Charlene L, Slemp, 518-731-6161
cslemp@nbcoxsackie.com

Industry:

National Bank of Coxsackie

OTC Pink:NCXS
Release Versions
English

Contacts

Charlene L, Slemp, 518-731-6161
cslemp@nbcoxsackie.com

Social Media Profiles
Facebook
Instagram
LinkedIn
More News From National Bank of Coxsackie

National Bank of Coxsackie staff volunteer at Regional Food Bank

VOORHEESVILLE, N.Y.--(BUSINESS WIRE)--Earlier this fall, staff from the National Bank of Coxsackie (“NBC”) spent two afternoons volunteering their time at the Region Food Bank’s Patroon Land Farm located in Voorheesville, New York. The Regional Food Bank is a 501(c)(3) not-for-profit organization that collects donated food from the food industry and distributes it to more than 1,000 partner agencies and programs feeding neighbors in need throughout 23 counties of northeastern New York. The food...

The Olana Partnership receives $10,000 from National Bank of Coxsackie

COLUMBIA COUNTY, N.Y.--(BUSINESS WIRE)--Earlier this fall, the National Bank of Coxsackie (“NBC”) presented The Olana Partnership (TOP) with a $10,000 donation to aid in their mission to inspire the public by preserving and interpreting Olana. The funds were secured through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. NBC is a member of the Federal Home Loan Bank of New York and applied for the funds made available through this special program. The Olana Partner...

Alison Phoenix Promoted to Athens Branch Manager with National Bank of Coxsackie

ATHENS, N.Y.--(BUSINESS WIRE)--The National Bank of Coxsackie announced today the promotion of Alison Phoenix to the position of Athens Branch Manager earlier this fall. Ms. Phoenix has over 18 years of total Banking experience with a mixture of back-office and front-office positions having been held. Having been with NBC for almost 10 years, and specifically in the Athens Branch serving as the Assistant Branch Manager for 8, Ms. Phoenix steps into her new role excited for the future. "I am thr...
Back to Newsroom