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UniBank commits $5M to veteran lending

UniBank has committed to loaning $5 million to military service members, veterans and their families.
The Whitinsville-based bank said interest rates on small business loans to veterans will be 1.776 percent (after the year of America’s founding) for the first 12 months, well below current market rates of four to five percent.
Veterans will also earn interest of 1.776 percent for a year on deposits of up to ...

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