Interest-Only Demand Loans

When Kyra came to New Tripoli Bank, she was looking for a loan to buy out Wanamakers General Store, a locally-owned and operated general store that was built in the late 1800's, from her former business partner. Both Kyra and Wanamakers were customers of New Tripoli Bank, which made the process of securing a mortgage easy for this small business owner.

Kyra is the fifth owner of Wanamakers General Store, which prides itself in selling bulk foods, locally-sourced coffee and produce, includes a full deli that serves handmade sandwiches and salads, as well as selling toys, arts, crafts, and other items created locally. The philosophy of Wanamakers is to do everything locally, and New Tripoli Bank stood out to them as a local bank that could provide them with modern conveniences in a community bank.