| Bank of Tipton |
Account For... |
Service Fees |
Special Features |
| Agricultural | Anyone wanting a loan for the purpose
of land purchase, crop production, equipment, livestock, etc. |
Various fees can be assessed according
to the type of collateral and terms. |
Crop loans to assist in production costs.
Master draw notes available for production loans. Interest
accrues only on balance drawn. |
| Consumer | Anyone who has a need or desire to make
a sizable purchase and is willing to spread the cost over
time. |
Various fees can be assessed according
to the type of collateral and terms. |
Loans may be taken out to finance a vacation,
auto purchase, consolidate several payments or other consumer
needs. These loans are granted on the basis of a customer's
financial history but collateral may be required such as a
certificate of deposit, stock or some other tangible asset. |
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