Online and Mobile Banking Update: September 24.
As part of our commitment to delivering the best online and mobile banking experience for our customers, we’re here to help you prepare. Learn more about service interruptions, how to prepare and helpful next steps for personal and business banking.

Hybrid ARM

Definition

A combination of a conventional fixed-rate mortgage and adjustable-rate loan – also called a 2/1, 3/1, 5/1 or 7/1 – that can offer the best of both worlds: lower interest rates (like ARMs) and a fixed payment for a longer period than most ARMs.