1st National Bank & Trust Announces Opening of Sarasota Loan Production Office.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Photo Editors/Business Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.070303/bb3 SARASOTA, Fla.--(BUSINESS WIRE)--July 3, 2003 1st National Bank & Trust is pleased to announce the opening of its loan production office located in downtown Sarasota at 777 South Palm Avenue. The official ribbon cutting ceremony A ribbon cutting ceremony is a public ceremony conducted to inaugurate the opening to the general public of a new building or business. Often, it is conducted in just the manner the name suggests: by tying a ceremonial ribbon across the main entrance of the building, which took place on June 5th, 2003. The bank's first office in the Sarasota market offers commercial and residential loans including commercial real estate, commercial construction, equipment financing, lot loans, and residential fixed rate and adjustable rate mortgages This article is about the US mortgage type. For an international perspective, see Variable rate mortgage. An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on an index. . The experienced lending team of Tom Baker, Vice President/Team Manager and associate Michael Grothe, Vice President can be reached at (941) 362-8302. "We are excited that this area's oldest community bank is coming to Sarasota", states Rip duPont, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are proud of our community lending approach which is based on local decision making. We look forward to meeting our neighbors and introducing them to our personalized service." Note: A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.070303/bb3 |
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