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First Security Bank offers money saving benefits
First Security Bank makes financing a college education more affordable by offering borrower benefits when loans are in repayment. There are two types of benefits for which borrowers of both Federal Stafford and PLUS loans may qualify:
• 1.00% interest rate reduction for making your payments by using auto debit
• 1.00% interest rate reduction for making the first 24 payments on time
• 1.00% interest rate reduction for making 36 payments on time
Total Interest Rate Reduction of 3%
Borrowers can also take advantage of Arkansas EdLoan benefits for individuals employed in fields with critical shortages.
Current Programs:
• Certified K-12 Educators
• Nurses employed in health care facility
• Certified Law Enforcement Officers employed by an Arkansas city, county or state government
• Arkansas National Guard
