Current Rates
|
Deposit Rates |
| Interest Bearing Checking Accounts: | ||
|
Product
|
Balance to Obtain APY
|
Annual Percentage Yield
|
|
Premium Interest
|
$0 to $2,500
|
0.25%
|
|
$2,500 and over
|
0.75%
|
|
|
50 N' Better
|
None
|
0.25%
|
|
Direct Free Interest
|
None
|
0.25%
|
|
Low Minimum Interest
|
None
|
0.25%
|
|
No Minimum Interest
|
None
|
0.25%
|
|
eChecking with Interest
|
None
|
0.25%
|
|
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
|
0.30%
|
|
$10,001 to $25,000
|
0.40%
|
|
$25,001 to $50,000
|
0.50%
|
|
$50,001 to $100,000
|
0.70%
|
|
$100,001 to $150,000
|
1.00%
|
|
$150,001 and Over
|
1.10%
|
|
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
|
0.75%
|
|
Statement Savings
|
$100
|
0.75%
|
|
Children's Savings Club
|
$20
|
1.00%
|
|
Senior Gold Savings
|
$20
|
1.00%
|
|
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
|
1.00%
|
|
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
|
1.05%
|
|
9 Months**
|
$1,000.00
|
1.40%
|
|
14 Months**
|
$1,000.00
|
2.00%
|
|
27 Months**
|
$1,000.00
|
2.10%
|
|
*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
|
0.80%
|
|
7 to 12 Months
|
1.10%
|
|
13 to 18 Months
|
1.30%
|
|
19 to 30 Months
|
1.50%
|
|
31 to 48 Months
|
2.05%
|
|
49 to 60 Months
|
2.50%
|
|
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
|
0.75%
|
|
12 Months
|
1.05%
|
|
18 Months
|
1.25%
|
|
30 Months
|
2.00%
|
|
60 Months
|
2.45%
|
|
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
|
5.875%
|
6.125%
|
|
4 to 5 years
|
6.250%
|
6.500%
|
|
6 to 10 years
|
6.500%
|
6.750%
|
|
11 to 15 years
|
6.750%
|
7.000%
|
|
16 to 20 years
|
7.000%
|
7.250%
|
|
21 to 30 years (with 15 yr. balloon payment)
|
7.000%
|
7.250%
|
|
*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 with LTV's up to 75%. 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. |
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| Home Equity Lines of Credit | ||
|
Auto Pay APR*
|
Coupon APR*
|
|
|
Home Equity Line of Credit
|
5.500%
|
5.750%
|
|
*APR = Annual Percentage Rate No Application deposit applicable on this product. Minimum monthly payment is 1.5% of the month end balance or $50 minimum. Variable rate product subject to change daily with the APR based on the Wall Street Journal Prime Rate plus a margin. Rates, terms, fees, margins and floors vary by loan property type, occupancy, LTV, loan amount and Coupon vs. Autopay. The rates above reflect the current rates for a single family, owner occupied residences for loan amounts less than $250,000.00 and LTV's up to 75%. Please contact the Retail Lending Department for further details at (610) 933-1000. |
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| Consumer Loans | |||
|
Product
|
Term
|
Auto Pay APR*
|
Coupon APR*
|
|
New Auto Loan†
|
60 Month Maximum
|
7.74%
|
7.99%
|
|
Used Auto Loans†
|
48 Month Maximum (for years 2005-2007)
|
8.24%
|
8.49%
|
|
36 Month Maximum (for years 2001-2004)
|
8.74%
|
8.99%
|
|
|
24 Month Maximum (for years 2000 and earlier)
|
9.49%
|
9.74%
|
|
|
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
|
4.875%
|
3.00%
|
3.518
|
|
5.125%
|
2.00%
|
3.456
|
|
|
5.375%
|
1.00%
|
3.414
|
|
|
5.625%
|
0.00%
|
3.333
|
|
|
3/1 ARM Maximum 30 Year Term, CAPS 2/5
|
5.125%
|
3.00%
|
3.841
|
|
5.375%
|
2.00%
|
3.833
|
|
|
5.625%
|
1.00%
|
3.825
|
|
|
5.875%
|
0.00%
|
3.817
|
|
|
5/1 ARM Maximum 30 Year Term, CAPS 2/5
|
5.375%
|
3.00%
|
4.222
|
|
5.625%
|
2.00%
|
4.244
|
|
|
5.875%
|
1.00%
|
4.267
|
|
|
6.125%
|
0.00%
|
4.289
|
|
|
5/1 ARM First Time Home Buyers Only Maximum 30 Year Term, CAPS 2/5
|
5.875%
|
0.00%
|
4.112
|
|
* APR = Annual Percentage Rate |
|||
| Fixed Rate Mortgages | |||
|
Product
|
Rate
|
Points
|
APR*
|
|
10 Year
|
4.250%
|
2.00%
|
4.681%
|
|
4.500%
|
1.00%
|
4.716%
|
|
|
4.750%
|
0.00%
|
4.753%
|
|
|
15 Year
|
4.250%
|
2.00%
|
4.559%
|
|
4.500%
|
1.00%
|
4.658%
|
|
|
4.750%
|
0.00%
|
4.757%
|
|
|
20 Year
|
4.625%
|
3.00%
|
4.992%
|
|
4.750%
|
2.00%
|
4.996%
|
|
|
4.875%
|
1.00%
|
5.001%
|
|
|
5.000%
|
0.00%
|
5.006%
|
|
|
30 Year
|
4.875%
|
3.00%
|
5.147%
|
|
5.000%
|
2.00%
|
5.183%
|
|
|
5.125%
|
1.00%
|
5.218%
|
|
|
5.250%
|
0.00%
|
5.254%
|
|
|
* APR = Annual Percentage Rate The application deposit is $400, which includes Appraisal, Credit Report & Flood Certification fees. Maximum loan to value is 95% for purchase and 80% for refinance. Rates and fees are subject to change daily and are based on the rate in effect the day we receive a completed application, along with payment of the application deposit. Applications received through the mail or via telephone are stamped and dated to assure the proper rates are applied for the day we receive the application. Substantially completed applications may lock in their rate, which will be honored as long as they provide the remaining documentation to the Bank within two (2) business days. If an application remains incomplete, the interest rate will float until the application is considered complete by the Bank's Lending Department. Mortgage rates are locked for a standard term of 30 business 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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