CBC Blog

From phones with cords and awkward PDAs to smart home tech that connects your phone, fridge, thermostat, oven, and even the locks at the front door, we’ve come a long way. Ten years ago, everyone was clamoring for a smartphone - fast forward to 2018 and everyone has smartphones; the new hot commodity is smart homes.

 May is National Moving Month and the start of the busiest relocation period in the calendar year. Around half of all moves take place in the summer between early May and Labor Day. Many families decide to relocate during summer months, while school-aged children are out for summer vacation. Military PCS cycles also result in thousands of...

Tapping into the equity of your home is only an advisable option in specific circumstances. You have worked hard to gain equity, so don’t tap into it unless it’s a necessity. Cash-out refinancing is on the rise yet again. In the second quarter of 2017, equity cashed out increased $1.2 billion from the first quarter. Experts believe the current...

A new law could make mortgage qualification easier.

On March 14, the US Senate passed a bill aimed at rolling back regulations from the Dodd-Frank Act of 2010. The nation faced a mortgage crisis nearly 10 years ago, prompting the creation of the Dodd-Frank regulations. Currently, the US House of Representatives is considering the bill, which will...

One of the most widely used loan types the SBA offers are business acquisition loans. Much like my February commercial real estate article explained, SBA loans for business acquisitions generally allow for lower down payments, longer loan terms, and less restrictive loan requirements than a commercial loan. That said, generally, if you do not want...

For more than 50 years, National Small Business Week has honored small businesses and their contributions in the United States. More than half of Americans either own or work for a small business. CBC National Bank recognizes and appreciates the importance of small businesses and there are numerous ways that we can help your small business succeed.

A small business can be the most rewarding challenge of a lifetime. However, such a challenge brings with it an inevitable amount of stress at the company’s inception and as the business grows. The last thing any business owner wants is more anxiety over financing.

April is Fair Housing Month, and this month is of particular import because it marks the fiftieth anniversary of the Fair Housing Act. The Fair Housing Act is a vital piece of legislation that helps to protect the civil rights of groups that are discriminated against while seeking housing.

LAKE CITY, Fla., April 2, 2018 – First Federal Bancorp, Inc. (“FFBI”), the holding company of First Federal Bank of Florida (“First Federal”) today announced that it has completed the merger with Coastal Banking Company, Inc. (OTCQX: CBCO), the holding company of CBC National Bank (“CBC”).

Tracking and maintaining credit is a vital but extremely difficult task. Large purchases such as buying a home are exponentially more challenging with poor credit. March is Credit Education Month, making it an ideal time to revisit your credit and start taking the steps to improving it. Try these 7 tips to improve your credit so you can buy a...