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Country Bank for Savings, a Massachusetts chartered mutual savings bank with its Main Office located at 155 West Street, Ware, Massachusetts 01082, is applying with the Federal Deposit Insurance Corporation for permission to establish a full-service branch office at 158 North Main Street, Uxbridge, MA 01569. Any person wishing to comment on this application may file his or her comments in writing with the regional director of the Federal Deposit Insurance Corporation at the appropriate FDIC office located at 15 Braintree Hill Park, Suite 200, Braintree, MA 02184-8701 not later than 15 days from the date of this publication. The non-confidential portions of the application are on file at the appropriate FDIC office and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.

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COMMUNICATIONS CENTER

Exciting New Affordable Housing Program

Posted on October 4, 2022

Country Bank is excited to introduce a new Affordable Housing Program featuring no down payment for first time home buyers. A first of its kind program will assist low to moderate-income families in purchasing a home. Country Bank has pledged 10 million dollars to the program to help make a difference for these first-time homebuyers.

This innovative no down payment program is designed to help those who need it most by offering 100% financing for single-family homes or condominiums and 95% financing for two family properties. In addition, the bank will cover 100% of the Private Mortgage Insurance (PMI) that traditionally adds to the monthly payment and will save the borrower hundreds of dollars each month. This feature also gives the borrower more purchasing power by not having to pay the cost of mortgage insurance. Certain restrictions and locations apply for this program.

Buying your first home can be very stressful; and not having the ability to save for a down payment prohibits many from purchasing a home, even when they can afford the monthly payment. “We are very pleased to offer a program that will make a difference for so many homebuyers in our communities,” stated Denise Walker, Senior Vice President of Retail Lending for Country Bank. “Owning your first home no longer has to be a dream; we have designed a program to help the dream of owning your own home a reality.”

Country Bank’s mortgage experts can assist those interested in learning more about the program or who may be ready to purchase a home. They will walk you through the process and will be with you every step of the way. It’s just one way that Country Bank makes a difference with its homebuyers.

The No Down Payment First Time Home Buyer Program is available until the 10 million commitment has been allocated. Please visit https://www.countrybank.com/personal/mortgages/, a Banking Center, or call the Customer Care Center at 800-322-8233 to learn more.

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