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Government Shutdown Assistance:
We’re Right Beside You.
If you are a federal employee and experiencing financial impact due to the government shutdown, we’re here to help! We may be able to assist you with:
Please reach out to your lender, call 701-293-2400, or email us at OnlineBanking@GateCity.Bank today. Learn more >
In an adjustable-rate mortgage (ARM) with an initial rate discount, the lender gives up percentage points in interest to reduce the rate and lower the payments for part of the mortgage term (usually for one year or less). After the discount period, the ARM rate usually increases according to its index rate.
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