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Rates Effective as of 08/28/2008 |
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| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| 10 Month Fixed Rate Certificate |
3.97% |
4.05% |
2000.00 |
| 14 Month Fixed Rate Certificate |
3.98% |
4.05% |
$2000.00 |
| 20 Month Fixed Rate Certificate |
3.98% |
4.05% |
$2000.00 |
| Personal Checking Accounts |
| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Just Checking |
Non Interest Bearing |
Non Interest Bearing |
|
| Student Checking |
0.10% |
0.10% |
$50.00 |
| Flexible Checking |
0.10% |
0.10% |
$100.00 |
| Flex Gold Checking |
0.15% |
0.15% |
$100.00-$9999.99 |
| |
0.25% |
0.25% |
$10,000.00-$24,999.99 |
| |
0.35% |
0.35% |
$25,000.00 and above |
| Flex Platinum Checking |
0.20% |
0.20% |
$100.00-$9999.99 |
| |
0.30% |
0.30% |
$10,000.00-$24,999.99 |
| |
0.40% |
0.40% |
$25,000.00 and above |
| Celebration Club Checking * |
0.25% |
0.25% |
$10.00-$1499.99 |
| |
2.23% |
2.25% |
$1500.00-$4999.99 |
| |
2.23% |
2.25% |
$5000.00 and above |
| * Celebration Club is open to customers age 50 or better. |
| Savings Accounts |
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| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Passbook Savings |
0.50% |
0.50% |
$10.00 |
| Statement Savings |
0.50% |
0.50% |
$10.00 |
| Celebration Club Savings* |
0.75% |
0.75% |
$10.00-$499.99 |
| |
2.96% |
3.00% |
$500.00-$9999.99 |
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2.96% |
3.00% |
$10,000.00 and above |
| Celebrate Kids Passbook Savings** |
0.75% |
0.75% |
$10.00-$499.99 |
| |
2.96% |
3.00% |
$500.00-$9999.99 |
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2.96% |
3.00% |
$10,000.00 and above |
| Youth Savings |
0.50% |
0.50% |
$10.00 |
| Holiday Club |
1.00% |
1.00% |
$10.00 |
| Vacation club |
1.00% |
1.00% |
$10.00 |
| Escrow Management |
0.50% |
0.50% |
$1000.00 |
_* Celebration Club is open to customers age 50 or better.
** Celebrate Kids Passbook Savings is an added benefit of the Celebration Club. |
| Certificates of Deposit / IRA |
|
| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| 91 Day |
2.57% |
2.60% |
$10,000.00 |
| 6 Month Fixed Rate |
2.96% |
3.00% |
$500.00-$9999.99 |
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3.11% |
3.15% |
$10,000.00 and above |
| 12 Month Fixed Rate |
3.06% |
3.10% |
$500.00-$9999.99 |
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3.21% |
3.25% |
$10,000.00 and above |
| 18 Month Fixed Rate |
3.11% |
3.15% |
$500.00-$9999.99 |
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3.26% |
3.30% |
$10,000.00 and above |
| 24 Month Fixed Rate |
3.16% |
3.20% |
$500.00-$9999.99 |
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3.31% |
3.35% |
$10,000.00 and above |
| 30 Month Fixed Rate |
3.26% |
3.30% |
$500.00-$9999.99 |
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3.41% |
3.45% |
$10,000.00 and above |
| 36 Month Fixed Rate |
3.36% |
3.40% |
$500.00-$9999.99 |
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3.50% |
3.55% |
$10,000.00 and above |
| 48 Month Fixed Rate |
3.46% |
3.50% |
$500.00-$9999.99 |
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3.60% |
3.65% |
$10,000.00 and above |
| 60 Month Fixed Rate |
3.65% |
3.70% |
$500.00-$9999.99 |
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3.80% |
3.85% |
$10,000.00 and above |
| Money Market |
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| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Personal Money Market |
1.24% |
1.25% |
$1000.00-$9999.99 |
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1.49% |
1.50% |
$10,000.00-$24,999.99 |
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1.73% |
1.75% |
$25,000.00-$49,999.99 |
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1.98% |
2.00% |
$50,000.00-$99,999.99 |
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2.23% |
2.25% |
$100,000.00-$249,999.99 |
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2.47% |
2.50% |
$250,000.00-$2,499,999.99 |
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1.00% |
1.00% |
$2,500,000.00 and above |
| Business Money Market |
1.24% |
1.25% |
$1000.00-$9999.99 |
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1.49% |
1.50% |
$10,000.00-$24,999.99 |
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1.73% |
1.75% |
$25,000.00-$49,999.99 |
| |
1.98% |
2.00% |
$50,000.00-$99,999.99 |
| |
2.23% |
2.25% |
$100,000.00-$249,999.99 |
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2.47% |
2.50% |
$250,000.00-$2,499,999.99 |
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1.00% |
1.00% |
$2,500,000.00 and above |
| Business Accounts |
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| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Business Flex Checking |
0.25% |
0.25% |
$1000.00-$9999.99 |
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0.50% |
0.50% |
$10,000.00-$24,999.99 |
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0.75% |
0.75% |
$25,000.00-$49,999.99 |
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1.00% |
1.00% |
$50,000.00-$99,999.99 |
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1.24% |
1.25% |
$100,000.00-$249,999.99 |
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1.48% |
1.50% |
$250,000.00-$1,499,999.99 |
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1.00 |
1.00% |
$1,500,000.00 and above |
| Non-Profit Flex Checking |
0.25% |
0.25% |
$1000.00-$9999.99 |
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0.50% |
0.50% |
$10,000.00-$24,999.99 |
| |
0.75% |
0.75% |
$25,000.00-$49,999.99 |
| |
1.00% |
1.00% |
$50,000.00-$99,999.99 |
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1.24% |
1.25% |
$100,000.00-$249,999.99 |
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1.48% |
1.50% |
$250,000.00-$1,499,999.99 |
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1.00 |
1.00% |
$1,500,000.00 and above |
| Just Business Checking |
Non Interest Bearing |
Non Interest Bearing |
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| Just Business Checking Plus |
Non Interest Bearing |
Non Interest Bearing |
|
| Business Savings |
1.00% |
1.00% |
$1000.00-$9999.99 |
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1.24% |
1.25% |
$10,000.00-$24,999.99 |
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1.48% |
1.50% |
$25,000.00-$49,999.99 |
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1.73% |
1.75% |
$50,000.00-$99,999.99 |
| |
1.98% |
2.00% |
$100,000.00-$249,999.99 |
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1.98% |
2.00% |
$250,000.00-$2,499,999.99 |
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1.00% |
1.00% |
$2,500,000.00 and above |
| Residential & Home Equity Loans |
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Home Equity Term Loans |
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Annual Percentage Rate |
Annual Percentage Rate |
| Term |
Regular |
Auto Deduct+ |
| 12-60 Months |
5.99% |
5.49% |
| 61-120 Months |
6.49% |
5.99% |
| 121-180 Months |
6.74% |
6.24% |
| 181-240 Months |
6.99% |
6.49% |
Annual percentage rate (APR) On new home equity loans of $5,000 or more with payment automatically deducted from an East River Bank Flex Checking account. If automatic payment deduction is not elected, APR increases 0.50%. For example, the monthly payment for a five-year loan with a fixed rate of 5.49% APR would be $19.10 for each $1,000 borrowed. Rates are subject to change. Home Equity Rates reflect an 80% or less loan-to-value. Interest may be tax-deductible; consult your tax advisor. Offer subject to credit approvals. Contact us for current rates. Other costs and fees may apply.
Property Insurance is required.
+Contact a Personal Banker for details. |
Home Equity Line of Credit |
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Annual Percentage Rate |
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Interest Rates |
Current Interest Rate |
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WSJ Prime - 0.75% |
5.25% |
| *** 5.25% annual percentage rate (APR) (as of 08-28-08) varies based on the Prime Rate (minus 0.75%) as published in The Wall Street Journal (WSJ) on the last business day of the calendar month preceding the first day of the billing cycle. This rate reflects an 80% or less, loan-to-value with an $80,000 minimum loan amount. Minimum APR is 5.25%.Maximum APR is 18%. Interest may be tax-deductible; consult your tax advisor. Offer subject to credit approvals. Call us for terms and rates on loans under $80,000 or above 80% loan -to-value, . Other costs and fees may apply. Property Insurance is Required. |
| Residential Mortgage Rates |
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| Conforming Fixed Rate Loans to $417,000.00 |
| Term |
Rate |
Points |
Annual Percentage Rate |
| 30 Year |
Contact Mark Belt at 267-295-6432 for Current Rates |
| 20 Year |
| 15 Year |
| 10 Year |
| Jumbo Fixed Rate Loans Greater Than $417,000.00 |
| Term |
Rate |
Points |
Annual Percentage Rate |
| 30 Year |
Contact Mark Belt at 267-295-6432 for Current Rates |
| 20 Year |
| 15 Year |
| 10 Year |
| First Time Homebuyers Program - Fixed Rate Loans |
| Term |
Rate |
Points |
Annual Percentage Rate |
| 30 Year |
Contact Mark Belt at 267-295-6432 for Current Rates |
| 20 Year |
| 15 Year |
| 10 Year |
Requirements:
Maximum Loan to Value of 95%
Loans with a Loan to Value Ratio greater than 80% require PMI
Property Insurance is required |
| Consumer Loans / Lines of Credit |
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| Personal Loans |
Minimum Amount
Maximum Amount
Repayment Terms |
$500.00
$10,000.00
12-60 Month Payments |
| Amount |
Billed Fixed Rate |
Auto Payment Fixed Rate |
| $2000.00 - $10,000.00 |
11.74% |
11.49% |
| Under $2000.00 |
14.99% |
14.74% |
| Auto Loans |
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| Requirements |
10% down on new car sticker price
Up to NADA wholesale value on used cars |
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New Cars (2008,2007) |
| Loan Term |
Billed fixed Rate |
Auto Payment Fixed Rate |
| 12-36 Months |
7.24% |
6.99% |
| 37-72 Months |
7.49% |
7.24% |
Used Cars (2007-2002) |
| Loan Term |
Billed fixed Rate |
Auto Payment Fixed Rate |
| 12-48 Months |
8.49% |
8.24% |
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