OVERLAND PARK, Kan., July 30, 2021 (GLOBE NEWSWIRE) — Bank of Blue Valley, powered by HTLF (Heartland Financial USA, Inc. – NASDAQ: HTLF), introduced its new Home Improvement Loan for Low- to Moderate-Income consumer borrowers. The new loan product is structured to help low- to moderate-income borrowers access much needed credit.
“We’re proud to launch this new loan product to help the communities we serve,” said Brent Giles, President and CEO at Bank of Blue Valley. “Bank of Blue Valley is dedicated to meeting the needs of our customers by providing access to credit. The new Home Improvement loan will provide credit for those who need it most.”
The new Home Improvement Loan is secured by the borrower’s primary residence. The loan is a 60-month term for loan amounts of $5,001-$14,999.
This new product is part of a broader initiative at Bank of Blue Valley and HTLF to help consumers in need of credit. The Forbes Best Bank has significantly increased consumer lending in 2021:
- Created a new, popular Buy Local loan that provides credit up to $5,000 for unexpected expenses or to finish your next project while shopping local to support your favorite small businesses.
- Launched a new HELOC promotion in January 2021.
- Launched a new special on Home Equity Installment Loans in January 2021.
Bank of Blue Valley’s decision to increase consumer lending comes at a time when some larger, national “trillionaire banks” have announced they are discontinuing their…
