Frequently Asked Questions

  • Home
  • FAQs
  • What's the difference between a fixed-rate and an adjustable-rate mortgage (ARM)?

Personal Online Banking

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.

Personal Mobile Banking

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.

Card Manager

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.

Zelle

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.

Personal Finance Manager

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


Business Online Banking

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


Business Mobile Banking

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


Business Leasing

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


Business Online Bill Pay

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


Account Alerts

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


eDocuments

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.


uChoose Rewards

With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.