Employ cash assets to
Cash Flow ARM loans
WHAT’S NEW BANKING INSIGHT & NEWS FROM LANDMARK BANK OF FLORIDA
LandMark Bank now
has a lending office in
downtown Sarasota at
1800 Second Street,
Home financing is easy and
convenient with LandMark
Margie Grossman has
been promoted to LandMark Bank of Florida is continuing
Operations Manager, to expand our services to our customers with
and Dean Griffith has the formation of LandMark Mortgage of
been promoted to Vice Florida. We've established this full-service
President, Commercial mortgage lending company to provide
Lending. convenience for our customers in home
purchases, as well as refinancing. Bob Phillips
LandMark Bank The LandMark Mortgage office is located General Manager
LandMark Mortgage Tom Quale
financial results as of in downtown Sarasota at 240 Pineapple President & CEO
June 30, 2002: LandMark Bank
Avenue. General Manager Bob Phillips is also
jobs. One such program is the Cash Flow
Deposits: $ 55,647,742 available to meet with customers at our
ARM, outlined on page two.
Loans: $ 51,453,547 McIntosh Road location as well.
Securing your home financing with your
Assets: $ 63,125,871 LandMark Mortgage offers a full range of
primary bank offers a number of advantages.
mortgage loan products from fixed and
As a customer, we know you, and we have the
adjustable rate loans to FHA and VA loans. In
Board of Directors experience to help you obtain the best possible
addition, we provide lending programs for
Annette K. Ayers financing. To get started on your home loan,
customers with unique lending needs
Thomas G. Dabney contact Bob Phillips at 308-2342, or email
including customers who are self-employed or
Chris A. Peifer Bob at firstname.lastname@example.org.
Gerald L. Pennington
have irregular income from non-conventional
Thomas G. Quale,
President & CEO
John M. Steele, MD
T. Raymond Suplee,
LandMark continues to lead the independent banking field
Chairman Now in our third year of financial services and build a comprehensive
Kathleen M. Toale operation, LandMark Bank relationship with LandMark Bank. As we
Issac H. Willis, MD continues to grow at a rapid continue to grow, we look forward to adding
pace. For our valued more new products to our roster of services.
customers, this growth and In addition, we are continuously working
subsequent profitability to find new opportunities to make banking
3939 McIntosh Road gives us the flexibility to with LandMark even more convenient by
Sarasota, FL 34233 add new services and seeking additional banking locations.
941/954-5100 T. Raymond Suplee
941/373-9279 FAX Chairman expand our reach into the On behalf of the board of directors,
www.landmarkbankfl.com community. Among these is the formation of officers and staff, I express my sincere
our new mortgage company - allowing our appreciation to our customers for choosing to
customers to further consolidate their bank with us.
Employ Fast Facts about banking with LandMark:
Cash Assets • You can access information on your to the bank via the internet. Our internet
To Your account via our telephone banking program. banking program features BillPay to pay your
The program is menu driven for ease of use bills electronically. You'll find all of the details
Advantage and information is available 24 hours per day, at www.landmarkbankfl.com.
The uncertainty of
seven days a week. Call 941/377-7246 to
securities markets has
many people rethinking access your account. • LandMark Bank provides a courier service
investments in stocks. for commercial customers for deposit and
The question then • LandMark Bank has Saturday banking document pickup. To qualify for this program
remains - what to do hours at our McIntosh Road branch from contact us to apply for a Courier Agreement.
with uninvested cash? 9:00 am until noon. Saturday banking is
drive-in only. • Your LandMark Bank ATM card is your
One quick way to ticket to ready cash with no service fee at
maximize the power of • You can also gather information on your PRESTO ATMs located at 650 Publix stores
your cash is to examine accounts when you don't have time to come throughout the state.
your debt. If you have
the flexibility, consider
taking funds you had
previously invested and Cash-flow ARM's reductions when irregular income is received.
pay off high interest
debt. The savings can be
are a flexible home This loan option is beneficial for
professionals, such as physicians or attorneys
Equity Line is another
mortgage option who may receive large bonus distributions
throughout the year. The structure allows for
way to consolidate high by: Bob Phillips - LandMark Mortgage borrowing a large amount without high
interest debt. payments. The loan gives the borrower the
Among the most flexible mortgage loan option of making interest only payments,
As for excess cash, products on the market is a new product minimum payments, or payments made on a
LandMark Bank is designed for individuals whose income is not 15, 30 or even 40-year amortization schedule.
continuing to offer very received on a regular schedule. This product is The Cash Flow Option loan gives
aggressive pricing on the Cash Flow Option Mortgage Loan. borrowers control over managing their loan
Certificates of Deposit Cash Flow Option loans allow for the payments, and provides the option to make
and money market deferment of principal payments, freeing home purchase decisions based on annual, as
accounts. If you are opposed to monthly income. This loan
regular monthly cash flow. Using an adjustable
shopping for a home for
interest rate based on the London Interbank structure also provides diversity in the
your cash deposits with
very competitive rates, Offered Rate (LIBOR), first year interest rates management of tax deductions. Cash Flow
we encourage you to can be as low as 2.95%. This allows the Option loans are most beneficial when
contact us for current borrower to make small interest-only employed on loans exceeding $500,000.
rates at 941/954-5100. payments on a large mortgage, while having For more information on this financing
the option to make lump sum principal option, call me at 308-2342.
3939 McIntosh Rd, Sarasota, FL 34233