 |
Personal Banking:
Interest Rates
Interest Rates on
Personal Accounts
Interest Rates and Annual Percentage Yield (APY) Effective as of May 7, 2008
| Checking
with Interest |
| Balance |
Interest
Rate |
(APY) |
| $0 to $999 |
1.00 |
1.00 |
| $1,000 to $9,999 |
1.00 |
1.00 |
| $10,000 to $24,999 |
1.00 |
1.00 |
| $25,000 to $49,999 |
1.24 |
1.25 |
| $50,000 to $99,999 |
1.24 |
1.25 |
| $100,000 & Over |
1.49 |
1.50 |
Interest rates subject
to change any time at management's discretion.
Fees could reduce earnings.
| Statement
Savings |
| Balance |
Interest
Rate |
(APY) |
| $0 to $999 |
1.00 |
1.00 |
| $1,000 to $9,999 |
1.00 |
1.00 |
| $10,000 to $24,999 |
1.00 |
1.00 |
| $25,000 to $49,999 |
1.24 |
1.25 |
| $50,000 to $99,999 |
1.24 |
1.25 |
| $100,000 & Over |
1.49 |
1.50 |
Interest rates subject
to change any time at management's discretion.
Fees could reduce earnings.
| Retail and IRA Money
Market |
| Balance |
Interest
Rate |
(APY) |
| $0 to $9,999 |
1.00 |
1.00 |
| $10,000 to $24,999 |
1.00 |
1.00 |
| $25,000 to $74,999 |
1.49 |
1.50 |
| $75,000 & Over |
1.98 |
2.00 |
Interest rates subject
to change any time at management's discretion.
Fees could reduce earnings.
|
CD's* and IRA's |
| Term |
Interest
Rate |
(APY) |
| 7-31 Day CD/IRA |
1.00 |
1.00 |
| 3 Month CD/IRA |
1.49 |
1.50 |
| 6 Month CD/IRA |
1.74 |
1.75 |
| 12 Month CD/IRA (1) |
|
3.10 |
| 18 Month CD/IRA |
3.21 |
3.25 |
| 24 Month CD/IRA |
3.31 |
3.35 |
| 30 Month CD/IRA |
3.45 |
3.51 |
| 36 Month CD/IRA |
3.70 |
3.75 |
| 48 Month CD/IRA |
3.94 |
4.00 |
| 60 Month CD/IRA |
3.94 |
4.00 |
*The minimum balance to
open a CD and obtain the APY is $500.
A penalty may be imposed for early withdrawal.
(1) For IRA, may add additional deposits during one-year term.
Interest Rates on Consumer Loans
As of May 7, 2008
| Residential
Mortgages |
| Term |
APR |
| 15-Year Maximum |
6.000% (1) |
| 1st Lien on Principal Residence, purchase-money
or refinance |
| Less than 80% LTV |
| FNMA/FHLMC Appraisal |
| Title Insurance applies for all purchase-money
and refi's over $250,000 |
| Call for rates on Jumbo Loans in excess
of $417,000 |
| (1) For a 180 month loan for $1,000 at this interest rate your monthly payment would be $8.17 |
Consumer Loan
Rate Guidelines
| Home
Equity (Second Lien) |
| Loan Type |
Term |
APR |
W/Auto
Pay |
| Fixed Rate |
36 months |
6.25% (1) |
5.75% |
| |
60 months |
6.45% (2) |
5.95% |
| |
84 months |
6.75% (3) |
6.25% |
| |
120 months |
7.10% (4) |
6.60% |
| |
180 months |
7.35% (5) |
6.85% |
| Minimum $25,000, having a LTV of less
than 80% |
| LTV in excess of 80% will generally
warrant a higher rate of interest |
| (1) For a 36 month loan for $1,000 at this interest rate your monthly payment would be $30.69 |
| (2) For a 60 month loan for $1,000 at this interest rate your monthly payment would be $19.61 |
| (3) For a 84 month loan for $1,000 at this interest rate your monthly payment would be $14.97 |
| (4) For a 120 month loan for $1,000 at this interest rate your monthly payment would be $11.53 |
| (5) For a 180 month loan for $1,000 at this interest rate your monthly payment would be $9.02 |
| |
| Line of Credit |
up to 80% LTV |
Prime Plus 0% |
up to $150,000 |
| |
over 80% LTV |
Prime Plus 0% |
up to $150,000 |
| Interest Only Monthly or 1/2% of principal
balance + interest |
| Financial Review every 2 years, balloons
5 years from opening date |
| Please note that the maximum annual
percentage rate (APR) is 18% |
| |
| Auto
Loans |
| Loan Type |
Term |
APR |
W/Auto Pay |
| New: 2007 and 2006 |
60 Months |
7.50% (1) |
7.00% |
| Used: 2005 and 2004 |
<48 Months |
8.00% (2) |
7.50% |
| |
49-60 Months |
8.00% (3) |
7.50% |
| Older Models |
<36 Months |
10.00% (4) |
9.50% |
| |
37-60 Months |
10.50% (5) |
10.00% |
| (1) For a 60 month loan for $1,000 at
this interest rate your monthly payment would be $20.28
|
| (2) For a 48 month loan for $1,000 at
this interest rate your monthly payment would be $24.65
|
| (3) For a 60 month loan for $1,000 at
this interest rate your monthly payment would be $20.52
|
| (4) For a 36 month loan for $1,000 at
this interest rate your monthly payment would be $32.27 |
| (5) For a 60 month loan for $1,000 at
this interest rate your monthly payment would be $21.49
|
| Personal
Unsecured/Other |
| |
<60 Months |
12.00% |
11.50% |
| CD's |
| |
If Our CD |
CD Rate + 2.5%, no less than Prime |
| |
If Not |
Prime + 1% |
| Swing
Loans |
| |
|
P + 1% plus 1 point |
LTV- 80% max |
| Lot Loans available with
3/5 year rate locks amortized over 15 years |
Prime Rate is Wall Street
Prime adjusted monthly based on rate as published on
last day of each month.
|
