A new release to Card Guard is being implemented on Monday, March 17, 2025, from 1:00 - 7:00 AM. During the implementation periods, cardholders can expect the following impacts:
* Card Guard users will not be able to login to the cards portion of the app.
* Transactions made during the downtime will be collected in queues and processed once the servers are back up.
* Alerts for transactions made during the downtime will be delayed.
Open Door Grant
If high cost of living is preventing you from saving for a down payment we may have a solution for you.
The Open Door Grant program seeks to eliminate key barriers to home ownership with assistance for the down payment and closing costs via a one-time grant that is applied to a First State Bank mortgage loan. The program also aims to improve the accessibility of home loans in specially designated neighborhoods within Macomb, Oakland, and St. Clair counties.
A grant of up to $7,500 will be provided for each qualifying borrower based on income (Low/Moderate as defined by HUD classification for region) and purchase property location. Grants will be applied to the down payment and closing costs. If any qualifying funds are remaining, they will be applied to the principal balance.
General Requirements
- First-time home buyer (have not owned a home in the past three years)
- FICO score of 600 or higher with 12 consecutive months of on-time payments (excluding medical collections)
- Total DTI of 46% or lower
- Minimum 12 months of continuous employment
- Home Buyer education course is required
- Income limitations apply
- Grant funds are limited and may not always be available.
Download Eligibility Table (PDF)
Would you like more information? Complete the form below, and a Mortgage Loan Consultant will contact you.
