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Rates Effective as of 02/01/2010 |
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| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| 10 Month Fixed Rate Certificate |
1.49% |
1.50% |
$2000.00 |
| 14 Month Fixed Rate Certificate |
1.98% |
2.00% |
$2000.00 |
| 20 Month Fixed Rate Certificate |
2.08% |
2.10% |
$2000.00 |
| 33 Month Fixed Rate Certificate |
2.38% |
2.40% |
$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 |
0.05% |
0.05% |
$50.00 |
| Flexible Checking |
0.05% |
0.05% |
$100.00 |
| Flex Gold Checking |
0.05% |
0.05% |
$100.00-$9999.99 |
| |
0.15% |
0.15% |
$10,000.00-$24,999.99 |
| |
0.25% |
0.25% |
$25,000.00 and above |
| Flex Platinum Checking |
0.10% |
0.10% |
$100.00-$9999.99 |
| |
0.20% |
0.20% |
$10,000.00-$24,999.99 |
| |
0.30% |
0.30% |
$25,000.00 and above |
| Celebration Club Checking * |
0.20% |
0.20% |
$10.00-$1499.99 |
| |
1.24% |
1.25% |
$1500.00-$4999.99 |
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1.39% |
1.40% |
$5000.00 and above |
| Ultimate Checking |
1.99% |
2.01% |
$100 and above |
| * Celebration Club is open to customers age 50 or better. |
| Savings Accounts |
|
| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Passbook Savings |
0.20% |
0.20% |
$10.00 |
| Statement Savings |
0.20% |
0.20% |
$10.00 |
| Celebration Club Savings* |
0.20% |
0.20% |
$10.00-$499.99 |
| |
1.34% |
1.35% |
$500.00-$9999.99 |
| |
1.44% |
1.45% |
$10,000.00 and above |
| Celebrate Kids Passbook Savings** |
0.20% |
0.20% |
$10.00-$499.99 |
| |
1.34% |
1.35% |
$500.00-$9999.99 |
| |
1.44% |
1.45% |
$10,000.00 and above |
| Youth Savings |
0.20% |
0.20% |
$10.00 |
| Holiday Club |
1.00% |
1.00% |
$10.00 |
| Vacation club |
1.00% |
1.00% |
$10.00 |
| Escrow Management |
0.25% |
0.25% |
$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 |
0.50% |
0.50% |
$10,000.00 |
| 6 Month Fixed Rate |
0.90% |
0.90% |
$500.00-$9999.99 |
| |
1.14% |
1.15% |
$10,000.00 and above |
| 12 Month Fixed Rate |
1.39% |
1.40% |
$500.00-$9999.99 |
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1.59% |
1.60% |
$10,000.00 and above |
| 18 Month Fixed Rate |
1.59% |
1.60% |
$500.00-$9999.99 |
| |
1.79% |
1.80% |
$10,000.00 and above |
| 24 Month Fixed Rate |
1.84% |
1.85% |
$500.00-$9999.99 |
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1.98% |
2.00% |
$10,000.00 and above |
| 30 Month Fixed Rate |
1.94% |
1.95% |
$500.00-$9999.99 |
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2.08% |
2.10% |
$10,000.00 and above |
| 36 Month Fixed Rate |
2.38% |
2.40% |
$500.00-$9999.99 |
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2.62% |
2.65% |
$10,000.00 and above |
| 48 Month Fixed Rate |
2.48% |
2.50% |
$500.00-$9999.99 |
| |
2.72% |
2.75% |
$10,000.00 and above |
| 60 Month Fixed Rate |
2.72% |
2.75% |
$500.00-$9999.99 |
| |
2.87% |
2.90% |
$10,000.00 and above |
| Money Market |
|
| Type of Account |
Interest Rate |
Annual Percentage Yield |
Min Balance to Earn APY |
| Personal Money Market |
0.49% |
0.50% |
$1000.00-$9999.99 |
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0.75% |
0.75% |
$10,000.00-$24,999.99 |
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1.04% |
1.05% |
$25,000.00-$49,999.99 |
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1.24% |
1.25% |
$50,000.00-$99,999.99 |
| |
1.49% |
1.50% |
$100,000.00-$249,999.99 |
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1.49% |
1.50% |
$250,000.00-$1,499,999.99 |
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1.00% |
1.00% |
$1,500,000.00 and above |
| Business Money Market |
0.49% |
0.50% |
$1000.00-$9999.99 |
| |
0.90% |
0.90% |
$10,000.00-$24,999.99 |
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0.99% |
1.00% |
$25,000.00-$49,999.99 |
| |
1.19% |
1.20% |
$50,000.00-$99,999.99 |
| |
1.24% |
1.25% |
$100,000.00-$249,999.99 |
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1.24% |
1.25% |
$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 |
0.15% |
0.15% |
$1000.00-$9999.99 |
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0.25% |
0.25% |
$10,000.00-$24,999.99 |
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0.38% |
0.38% |
$25,000.00-$49,999.99 |
| |
0.50% |
0.50% |
$50,000.00-$99,999.99 |
| |
0.88% |
0.88% |
$100,000.00-$249,999.99 |
| |
1.00% |
1.00% |
$250,000.00-$1,499,999.99 |
| |
1.00 |
1.00% |
$1,500,000.00 and above |
| Non-Profit Flex Checking |
0.15% |
0.15% |
$1000.00-$9999.99 |
| |
0.25% |
0.25% |
$10,000.00-$24,999.99 |
| |
0.38% |
0.38% |
$25,000.00-$49,999.99 |
| |
0.50% |
0.50% |
$50,000.00-$99,999.99 |
| |
0.88% |
0.88% |
$100,000.00-$249,999.99 |
| |
1.00% |
1.00% |
$250,000.00-$1,499,999.99 |
| |
1.00 |
1.00% |
$1,500,000.00 and above |
| Just Business Checking |
Non Interest Bearing |
Non Interest Bearing |
|
| Just Business Checking Plus |
Non Interest Bearing |
Non Interest Bearing |
|
| Business Savings |
0.40% |
0.40% |
$1000.00-$9999.99 |
| |
0.60% |
0.60% |
$10,000.00-$24,999.99 |
| |
0.80% |
0.80% |
$25,000.00-$49,999.99 |
| |
0.99% |
1.00% |
$50,000.00-$99,999.99 |
| |
1.14% |
1.15% |
$100,000.00-$249,999.99 |
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1.24% |
1.25% |
$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 |
|
Home Equity Term Loans |
| |
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 9-3-2009) varies based on the Prime Rate (plus 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 a $75,000 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 $75,000. Other costs and fees may apply. 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 |
|
| Requirements |
10% down on new car sticker price
Up to NADA wholesale value on used cars |
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New Cars (2009,2010) |
| Loan Term |
Billed fixed Rate |
Auto Payment Fixed Rate |
| 12-36 Months |
6.24% |
5.99% |
| 37-60 Months |
6.99% |
6.49% |
| 72 Months |
7.49% |
7.24% |
Used Cars (2008-2004) |
| Loan Term |
Billed fixed Rate |
Auto Payment Fixed Rate |
| 12-48 Months |
8.24% |
7.99% |
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Copyright © 2009 East River Bank, Inc. All Rights Reserved.