Bank Ratings :: First Niagara Bank

First Niagara Bank: A Smart Choice If You Live Around Niagara

First Niagara Bank is obviously well know for their personal and business accounts they offer, but nowadays, they offer loans, credit cards, and investment and retirement planning as well. This article will review the following three things to let you know whether to do business with them, and whether they are worth your time and money.

The home equity loan is one of the more popular loans that first Niagara gives out, and for many reasons. First of all, you can borrow up to ninety five percent of your home’s value, so you get pretty much all the money you need, and really won’t have to take out another loan from anywhere else to make up the difference.

The new home equity loan also gives you the opportunity to lock into three different loans at the same interest rate all at once, another important feature in helping you be sure you get enough money. You can be approved in less than a day in some instances, although of course, this will depend on your credit score as well as other variables.

With regards to their credit card offerings, first Niagara has some excellent features on their cards, including no yearly fees on them, credit lines that start at one thousand and go all the way up to twenty five thousand dollars, a very important feature.

Particularly if you own your own business, and have a lot of advertising expenses, you want this line of credit to be high so that you don’t have to worry about it until the end of the month.

Often times, small business owners have a low credit line, and find themselves constantly paying it off all month long just to be sure they stay under the limit, but you really don’t have to worry about it with their cards, since the limit is so high.

They are also very easy to transfer money from your other cards onto them, and finally, since they are affiliated with Visa, are pretty much universally accepted at any locations you find yourself.

First Niagara bank is definitely not the only bank for you to consider, but you can be confident that if you do decide to go with them, they will be pretty much a one stop shopping center for all your financial needs.