RiverHills Bank’s Fresh

Start Savings Deposit Loan

W E L C O M E T O

Here’s how the Savings Deposit Loan Program works:

To be considered, candidates need to complete an RHB-approved Financial Education course, or have completed an approved program within the last 24 months. Two courses are currently approved:

• Mississippi State University Extension Service’s “Healthy, Wealthy and Wise”

• FDIC’s “Money Smart” curriculum

Completion of only one course is required.

After presenting to RiverHills Bank your certificate of completion of one of these courses, you will be eligible to apply for a Fresh Start Savings Deposit Loan.

You must have active checking and savings accounts with RHB. One or both may be opened for you upon confirmation of your eligibility for this program.

100% of your loan funds will be deposited into your RiverHills Bank savings account, and that balance will be held as collateral until the full amount of the loan has been repaid. Then that money is available to you.

Monthly loan payments must be deducted automatically from your RHB checking account, or from your checking account with any other financial institution.

Fresh Start Savings Deposit Loan amounts are available from $500 to $1,000, determined by your eligibility.

There are no loan fees or pre-payment penalties.

As part of our continuing

outreach to the citizens in our

community, RiverHills Bank offers

two creative ways to address their

credit needs. Our Fresh Start Loan

program is the first way; the Fresh

Start Saving Deposit Loan is the

second. In both cases, we have

shaped the programs to help

educate and provide greater

financial freedom to those ready

to make a commitment.

For full program details and additional requirements and qualifications, please come by any RiverHills Bank location.

All loan applications are subject to credit approval. You must be 18 years of age, have a consistent source of income and meet all qualification requirements of the Fresh Start Loan Program.

Educational Qualifications:

Minimum required classes under “Healthy, Wealthy and Wise” program:

Minimum required classes under FDIC’s “Money Smart” curriculum:

• Health & Wealth

• Saving

• Finding Extra Income

• Smart Goals

• Budgeting

• Establishing Credit

• Bank On It

• Check It Out

• Borrowing Basic

• Money Matters

• Pay Yourself First

• Financial Recovery

Member FDIC

100 Fountains Blvd., Madison, MS 601.853.1181 1400 Hwy. 61 North, Vicksburg, MS 601.636.1445

2125 North Frontage Rd., Vicksburg, MS 601.661.7312 702 Market Street, Port Gibson, MS 601.437.4271

www.riverhillsbank.com

REV 05/2019© 2015-2019 RiverHills Bank. All rights reserved.