First National Bank

★☆☆☆☆

About First National Bank

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Finance
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604 State St S Waseca, MN

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Loan officer is incompetent. He was supposed to be reviewing our file for 3 weeks, he continued to say he was processing the information, but he did not process until the end of the third week. He then denied our loan, after squandering 3 weeks of prime construction weather. I had to call and request a letter explaining why we were denied (something that should come without request).

We went to a different bank and were approved without issue. In my opinion this bank is unwilling to loan and worse yet they are reluctant to admit it.

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★☆☆☆☆

Loan officer is incompetent. He was supposed to be reviewing our file for 3 weeks, he continued to say he was processing the information, but he did not process until the end of the third week. He then denied our loan, after squandering 3 weeks of prime construction weather. I had to call and request a letter explaining why we were denied (something that should come without request).

We went to a different bank and were approved without issue. In my opinion this bank is unwilling to loan and worse yet they are reluctant to admit it.

Pros: None Known

Cons: Bank is not taking on new loans?

 

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