Correspondent BankingLoan Participations

We Can Help You with Loan Participations

Whether it is for liquidity or lending limit purposes, First National Bank's Correspondent Banking Department purchases overlines from community banks. Our officers have experience in the fields of commercial and agricultural lending and can provide quick turnaround on loan participations.

With a lending philosophy emphasizing management, we welcome the opportunity to meet the borrowers and learn about their operations. However, we will never pursue our correspondent banks' customers on a direct basis.

Selling an Overline

We maintain a credit file of financial and collateral documentation that mirrors your file. For each loan transaction we require an executed copy of your bank's promissory note and a signed participation certificate, in addition to execution of a one-time-only Master Non-Recourse Loan Participation Agreement, which outlines terms and conditions of loan sales/purchases.