NORWICH, N.Y. (July 8, 2013) – NBT Bank is offering a special flood relief loan program to help those affected by recent flooding. The personal and business loans being offered can be used toward expenses and repairs related to flood damage. The program is available through September 30, 2013.
Personal loans from $500 to $20,000 will be available at an annual percentage rate (APR) of 3.00% for a maximum term of 60 months. Additional personal loan options, including discounted automobile, home equity and residential mortgage refinance loans are also available through the program.
Business term loans from $1,000 to $50,000 will be available at an APR of 3.00% for a maximum term of 60 months. In addition to covering expense and repairs, business term loans can be used to replace flood-damaged inventory. More information can be obtained by contacting any NBT Bank office or calling 1-800-NBT-BANK (1-800-628-2265). All loans are subject to credit qualification.
NBT Bank offers personal banking, asset management and business services through a network of 161 banking locations in five states. NBT Bank operates from 121 locations in upstate New York, northwestern Vermont and western Massachusetts. NBT’s Pennstar Bank division operates from 35 locations in northeastern Pennsylvania, and its Hampshire First Bank division operates from five locations in southern New Hampshire. NBT Bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of $7.6 billion as of March 31, 2013, and is traded on the NASDAQ Global Select Market under the symbol NBTB. More information about NBT Bank and NBT Bancorp can be found on the Internet at http://www.nbtbank.com and http://www.nbtbancorp.com.