Current Rates
|
Deposit Rates |
| Interest Bearing Checking Accounts: | ||
|
Product
|
Balance to Obtain APY
|
Annual Percentage Yield
|
|
Premium Interest
|
$0 to $2,500
|
0.50%
|
|
$2,500 and over
|
3.00%
|
|
|
50 N' Better
|
None
|
0.50%
|
|
Direct Free Interest
|
None
|
0.50%
|
|
Low Minimum Interest
|
None
|
0.50%
|
|
No Minimum Interest
|
None
|
0.50%
|
|
eChecking with Interest
|
None
|
0.50%
|
|
Accounts require a $25 minimum balance to open. Interest calculated on the daily balance, simple interest credited monthly. |
||
| Phoenix Money Market | |
|
Annual Percentage Yield
|
|
|
$2,500 to $10,000
|
1.30%
|
|
$10,001 to $25,000
|
1.45%
|
|
$25,001 to $50,000
|
1.65%
|
|
$50,001 to $100,000
|
1.90%
|
|
$100,001 to $150,000
|
2.25%
|
|
$150,001 and Over
|
2.50%
|
|
Interest calculated on the daily balance, daily compounding, credited monthly. $2500 Minimum required to open. |
|
| Savings Accounts | ||
|
Product
|
Minimum Balance to Obtain APY
|
Annual Percentage Yield
|
|
Passbook Savings
|
$100
|
1.00%
|
|
Statement Savings
|
$100
|
1.00%
|
|
Children's Savings Club
|
$20
|
1.00%
|
|
Senior Gold Savings
|
$20
|
1.25%
|
|
Interest calculated on the daily balance, daily compounding, credited quarterly. $100 minimum required to open Passbook Savings or Statement Savings Accounts. $20 minimum required to open Children's Savings Club and Senior Gold Savings. |
||
| Individual Retirement Accounts | ||
|
IRA Statement Savings
|
Minimum Balance to Obtain APY
|
Annual Percentage Yield
|
|
IRA Statement Savings
|
$20
|
1.25%
|
|
Interest calculated on the daily balance, daily compounding, credited quarterly. $20 minimum required to open. Growth certificates of deposit are also investment options for IRAs. |
||
|
SPECIAL OFFERS Certificates of Deposit |
||
|
Term
|
Minimum Balance
|
Annual Percentage Yield
|
|
2 Months*
|
$10,000.00
|
2.50%
|
|
9 Months**
|
$1,000.00
|
3.05%
|
|
14 Months**
|
$1,000.00
|
3.00%
|
|
*After funds have been on deposit for seven days, withdrawals are permitted at any time without penalty. **Substantial penalty for early withdrawal. |
||
| Growth Certificates of Deposit | |
|
Term
|
Annual Percentage Yield
|
|
3 to 6 Months
|
2.30%
|
|
7 to 12 Months
|
2.40%
|
|
13 to 18 Months
|
2.50%
|
|
19 to 30 Months
|
2.55%
|
|
31 to 48 Months
|
2.70%
|
|
49 to 60 Months
|
3.50%
|
|
The minimum balance required to open a Growth Certificate of Deposit and obtain the APY is $500. A penalty may be imposed for early withdrawal. Interest is calculated on the daily balance, daily compounding, and credited quarterly. |
|
| Income Certificates of Deposit | |
|
Term
|
Annual Percentage Yield
|
|
6 Months
|
2.25%
|
|
12 Months
|
2.35%
|
|
18 Months
|
2.45%
|
|
30 Months
|
2.60%
|
|
60 Months
|
3.40%
|
|
The minimum balance required to open an Income Certificate of Deposit and obtain the APY is $5,000. A penalty may be imposed for early withdrawal. Interest is calculated on the daily balance, simple compounding, and credited on a monthly or quarterly basis. |
|
| LENDING RATES |
|
Home Equity Loans |
||
|
Term
|
Auto Pay APR*
|
Coupon APR*
|
|
1 to 3 years
|
5.375%
|
5.625%
|
|
4 to 5 years
|
5.875%
|
6.125%
|
|
6 to 10 years
|
6.375%
|
6.625%
|
|
11 to 15 years
|
6.625%
|
6.875%
|
|
16 to 20 years
|
6.875%
|
7.125%
|
|
21 to 30 years (with 15 yr. balloon payment)
|
6.875%
|
7.125%
|
|
*APR = Annual Percentage Rate Application deposit (nonrefundable) $175.00. Loan amounts equal to or greater than $250,000 require a complete appraisal report (FNMA 1004) which increases the application deposit (nonrefundable) by $225. Home equity rates and fees are for single family owner/occupied residences. For 1 to 4 non-owner occupied properties, and for inquiries on other types of properties, please contact the Consumer Loan Department at 610-933-1000. |
||
| Home Equity Lines of Credit | ||
|
Auto Pay APR*
|
Coupon APR*
|
|
|
Home Equity Line of Credit
|
5.000%
|
5.250%
|
|
*APR = Annual Percentage Rate No Application deposit applicable on this product. A Home Equity Line of Credit is a variable rate product and as such, the rate may change after consummation. Margin for Auto Pay APR is 0 basis points, and for the Coupon APR is 25 basis points. APR is based on the Prime Rate. Minimum Monthly payment is 1.5 % of ending balance or $50 minimum. Loan amounts equal to or greater than $250,000 require a complete appraisal report (FNMA 1004) which increases the application deposit (nonrefundable) by $275. |
||
| Consumer Loans | |||
|
Product
|
Term
|
Auto Pay APR*
|
Coupon APR*
|
|
New Auto Loan†
|
60 Month Maximum
|
7.99%
|
8.24%
|
|
Used Auto Loans†
|
48 Month Maximum (for years 2004-2006)
|
8.49%
|
8.74%
|
|
36 Month Maximum (for years 2001-2003)
|
8.99%
|
9.24%
|
|
|
24 Month Maximum (for years 2000 and earlier)
|
9.99%
|
10.24%
|
|
|
Motorcycle Loans‡
|
24 Months (used)
|
12.00%
|
12.25%
|
|
36 Months (new)
|
12.00%
|
12.25%
|
|
|
* APR = Annual Percentage Rate † Required down payment of 20%. ‡ Required down payment of 30%. |
|||
| Adjustable Mortgages | |||
|
Product
|
Rate
|
Points
|
APR*
|
|
1 Year ARM Maximum 30 Year Term, CAPS 2/5
|
4.500%
|
3.00%
|
4.995%
|
|
4.750%
|
2.00%
|
4.926%
|
|
|
5.000%
|
1.00%
|
4.859%
|
|
|
5.250%
|
0.00%
|
4.793%
|
|
|
3/1 ARM Maximum 30 Year Term, CAPS 2/5
|
4.625%
|
3.00%
|
4.986%
|
|
4.875%
|
2.00%
|
4.957%
|
|
|
5.125%
|
1.00%
|
4.928%
|
|
|
5.375%
|
0.00%
|
4.899%
|
|
|
5/1 ARM Maximum 30 Year Term, CAPS 2/5
|
4.750%
|
3.00%
|
5.016%
|
|
5.000%
|
2.00%
|
5.021%
|
|
|
5.250%
|
1.00%
|
5.026%
|
|
|
5.500%
|
0.00%
|
5.032%
|
|
|
5/1 ARM First Time Home Buyers Only Maximum 30 Year Term, CAPS 2/5
|
5.250%
|
0.00%
|
4.782%
|
|
* APR = Annual Percentage Rate |
|||
| Fixed Rate Mortgages | |||
|
Product
|
Rate
|
Points
|
APR*
|
|
10 Year
|
5.000%
|
3.00%
|
5.667%
|
|
5.250%
|
2.00%
|
5.694%
|
|
|
5.500%
|
1.00%
|
5.722%
|
|
|
5.750%
|
0.00%
|
5.751%
|
|
|
15 Year
|
5.000%
|
3.00%
|
5.467%
|
|
5.250%
|
2.00%
|
5.561%
|
|
|
5.500%
|
1.00%
|
5.656%
|
|
|
5.750%
|
0.00%
|
5.751%
|
|
|
20 Year
|
5.750%
|
3.00%
|
6.128%
|
|
5.875%
|
2.00%
|
6.127%
|
|
|
6.000%
|
1.00%
|
6.126%
|
|
|
6.125%
|
0.00%
|
6.126%
|
|
|
30 Year
|
5.625%
|
3.00%
|
5.906%
|
|
6.000%
|
2.00%
|
6.190%
|
|
|
6.125%
|
1.00%
|
6.220%
|
|
|
6.250%
|
0.00%
|
6.251%
|
|
|
* APR = Annual Percentage Rate The application deposit is $375, which includes Appraisal, Credit Report & Flood Certification fees. Maximum loan to value is 95%. Rates are subject to change daily. Mortgage commitments are locked for a standard term of 45 days from the date of application. Extended rate options and upfront fees are available. Mortgage rates and fees are for single family owner/occupied residences. For inquiries on other types of properties or any other information, please contact the Loan Department at 610-933-1000. |
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