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Insurance Disclosure For Credit Application

 

Lender: First State Bank, PO BOX 775, VALLIANT, OK 74764
 

IMPORTANT DO NOT SIGN THIS FORM UNTIL YOU CAREFULLY READ IT AND UNDERSTAND ITS CONTENT.

 

Purpose,

You have submitted an application for a loan. ln connection with your loan application, Lender may be soliciting, offering to sell, or will sell you an insurance product or annuity. Federal law requires Lenders to provide you with the following disclosures.

 

Credit Disclosures,

1. Lender, as a condition of granting you a loan, cannot require that you purchase an insurance product or annuity from Lender or any of its affiliates.

2. Lender, as a condition of granting you a loan, cannot require your agreement not to obtain or prohibit you from obtaining an insurance product or annuity from an unaffiliated entity.

 

Acknowledgment,

BY CHECKING THE BOX, I ACKNOWLEDGE THAT I HAVE READ, RECEIVED AND UNDERSTAND THIS INSURANCE DISCLOSURE.