First National Bank, a subsidiary of FNB Corp., has unveiled home ownership and financial independence solutions for vulnerable and undeserved communities, according to a press release.
These services include a closing assistance platform, a non-overdraft checking account and an online mortgage portal. The bank will provide up to $ 2,500 to cover the closing costs of low to medium income borrowers.
“Home ownership brings significant benefits to both families and the communities in which they live,” said Vincent J. Delhi, Jr., chairman, president and chief executive officer of FNB Corporation and First National Bank. “Our goal is to provide consumers with additional products and resources to solve problems, better manage their finances, and improve their ability to buy a home.”
In addition, the bank will also offer financial education on the residential mortgage process and how to avoid overdraft on accounts through the Solutions Center e-store, website and mobile app with custom alerts and debit card controls, and expanding the ATM network to add city markets.