In the News
North
Shore Trust and Savings Hosting
Free
Coin Appraisals
North Shore Trust and
Savings announced that it will again be hosting a series of Free
Coin Appraisal events in March, April and May for customers and
friends of the bank at all three branch locations on the following
dates and times:
North Shore
Trust and Savings-Main Office, 700 S Lewis Ave, Waukegan:
Lewis
Ave
Thursday
March 22
10am-3pm
Saturday
April 14
9am-12pm
Thursday
May 24
10am-3pm
North Shore
Trust and Savings-Green Bay Office, 1233 Green Bay Road, Waukegan:
Green
Bay Rd
Friday
March 23
10am-3pm
Thursday
April 26
10am-3pm
Saturday
May 26
9am-12pm
North Shore
Trust and Savings-Lindenhurst Office, 3060 Sand Lake Road,
Lindenhurst:
Sand
Lake Road
Saturday
March 24
9am-12pm
Wednesday
April 11
10am-3pm
Friday
May 25
10am-3pm
These events are open to bank customers, friends and neighbors
and it’s free. You’re encouraged to bring your old coins, paper
money and gold or silver jewelry and our expert, Ron Beckstrom, will
tell you what your items may be worth. Offers to purchase your items
will be offered, if you wish.
There are no reservations required or accepted for these events
and we will attempt to accommodate as many people as possible. It has
also been requested that you do not clean your coins.
North
Shore Trust and Savings Announces “Welcome
Home Heroes” Down Payment Assistance Program
January 3, 2012—North Shore Trust and Savings announced today that it
is participating in the Illinois Housing Development Authority’s
“Welcome Home Heroes” mortgage financing package.
The program focuses on providing financial assistance to all qualified
first-time homebuyers who are veterans, reservists, military personnel
and members of the Illinois National Guard.
Click Here
for More Information
Linda Moran, Assistant Vice President/Lending,
North Shore Trust and Savings, said ”Qualified first-time home
buyers aspiring to purchase a home, but lacking the sufficient funds
to pay the down payment and closing costs, can apply for a $10,000
forgivable grant toward a down payment and then apply for a fixed rate
mortgage with an annual percentage rate of 4.254 % APR based on a
$150,000 VA mortgage loan.“
Qualified military families needing down
payment and closing cost assistance can apply for home financing at
North Shore Trust and Savings and meet the institution’s loan
underwriting criteria. The program only applies to 1-2 unit
residential properties located in the State of Illinois and purchased
as the primary residence. The new loan builds on the existing
affordable home loan SMARTMOVE® also available through North Shore
Trust and Savings.
North Shore Trust and Savings will apply for
the grants on behalf of the borrowers. Borrowers may not apply for the
grants directly. Borrowers must also receive home ownership education
to help ensure that they understand the home buying process as well as
the financial responsibilities of home ownership.
Linda Moran said, “This program will help
many military families throughout Lake County and surrounding
communities overcome one of the major obstacles to realizing the dream
of home ownership-the inability to afford the down payment and
associated closing costs.”
“We are delighted to be able to participate
in this program and look forward to expanding the home ownership
opportunities to the military families in our area. For more detailed
information please call us at 847.599.7440”, she added.
North Shore Trust and Savings, with assets of
over $260 million, is one of Lake County’s strongest community banks
since being established in 1921. Headquartered at 700 S. Lewis Avenue
in Waukegan, the Bank also has full service branches located at 1233
N. Green Bay Road in Waukegan and at 3060 Sand Lake Road in
Lindenhurst. Additional
information regarding North Shore Trust and Savings can be found at www.northshoretrust.com.
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