Rates

All rates are subject to change without notice – 
For the most current rate information, please call (603) 352-1822.


Personal Checking 

Looking for a checking or money market account designed to fit the way you bank? Savings Bank of Walpole offers free Checking accounts with no monthly service charge or daily balance requirements.

Personal Checking Accounts

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
Truly Free Checking 0.03% 0.03% $100.00 $10.00
Senior Checking 0.03% 0.03% $100.00 $10.00

Updated July 29, 2020

Subject to change without notice. Checking accounts are variable rate accounts. The interest rates and APYs may change at the discretion of the Bank. Fees could reduce earnings.


Personal Savings Accounts

Saving for your financial goals should not be complicated! Our savings accounts make it simple and easy to establish a savings plan to fit your financial goals.

Tiered Savings

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$100 to $2,499.99 0.05% 0.05% $100.00 $10.00
$2,500 to $9,999.99 0.05% 0.05% $2,500.00 $10.00
$10,000 to $24,999.99 0.05% 0.05% $10,000.00 $10.00
$25,000 or more 0.05% 0.05% $25,000.00 $10.00

Updated August 17, 2021

Easy Access Savings

Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
0.05% 0.05% $100.00 $10.00

Updated August 17, 2021

Youth Savings

Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
0.05% 0.05% $1.00 $1.00

Updated August 17, 2021

Be Your Own Lender

Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
0.05% 0.05% $100.00 $2.00

Updated August 17, 2021

Goal Setter Savings/GOALS

Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
0.05% 0.05% $2.00 $2.00

Updated August 17, 2021

Subject to change without notice. Savings accounts are variable rate accounts. The interest rates and APYs may change at the discretion of the Bank. Fees could reduce earnings.


Personal Money Market Accounts

Save for the future and make your money work harder for you, while still having easy access to your funds online or by check.

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$1,000 to $9,999.99 0.20% 0.20% $1,000.00 $500.00
10,000 to $24,999.99 0.35% 0.35% $10,000.00 $500.00
$25,000 to $99,999.99 0.40% 0.40% $25,000.00 $500.00
$100,000 to $249,999.99 0.50% 0.50% $100,000.00 $500.00
$250,000 or more 0.60% 0.60% $250,000.00 $500.00

Updated December 22, 2022

Subject to change without notice. Savings accounts are variable rate accounts. The interest rates and APYs may change at the discretion of the Bank. Fees could reduce earnings.


Certificate of Deposit and IRAs

A Certificate of Deposit offers you a great way to save money. We offer a selection of terms, competitive interest rates, and our personalized service to assist you in making the right choices for your financial needs.

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
3 Month 0.10% 0.10% $500.00 $500.00
6 Month 4.65% 4.75% $500.00 $500.00
1 Year 3.93% 4.00% $500.00 $500.00
18 Month 3.69% 3.75% $500.00 $500.00
2 Year 0.30% 0.30% $500.00 $500.00
3 Year 0.40% 0.40% $500.00 $500.00
5 Year 0.45% 0.45% $500.00 $500.00

Updated February 29, 2024

$500 minimum to open. An interest penalty may be required for early withdrawals from CDs and IRA CDs. Contact a representative for more information regarding applicable fees and terms. Fees could reduce earnings.

If you withdraw any of the principal before the maturity date, we may impose a penalty. CD accounts will automatically renew. You will have 10 days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.


Health Savings Accounts

Health Savings Accounts help you save for current and future medical expenses in an interest bearing checking account. These accounts allow for payment of expenses by issuing a check (online Bill Pay or standard check) or using your debit card for qualified expenses.

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$0.01 to $ 499.99 0.05% 0.05% $0.01 $10.00
$500 to 2,499.99 0.05% 0.05% $500.00 $10.00
$2,500 to 9,999.99 0.05% 0.05% $2,500.00 $10.00
$10,000 to 24,999.99 0.10% 0.10% $10,000.00 $10.00
$25,000 or more 0.15% 0.15% $25,000.00 $10.00

Updated August 17, 2021

Subject to change without notice. Checking accounts are variable rate accounts. The interest rates and APYs may change at the discretion of the Bank. Fees could reduce earnings.


Overdraft Protection Line of Credit

Our Overdraft Protection Line of Credit is attached to your Savings Bank of Walpole personal checking account and advances funds to your account if an overdraft occurs. Please consult with a Bank Representative for more information and application.

Minimum Loan Amount Maximum Loan Amount Maximum Term Rate
$100.00 $5,000.00 Revolving 15.00%

Updated February 2, 2022

*Subject to credit and underwriting approval. Other eligibility and requirements may apply.

$30 Annual Fee


Consumer Loans

We offer a full range of personal and consumer loans. We invite you to check out our low rates on new and used automobile loans, unsecured loans, savings secured loans, overdraft protection loans and more. It is easy to apply now.

We offer competitive interest rates on car and truck loans with low down payments. If you need to build or reestablish credit, your Savings Bank of Walpole savings account or certificate of deposit can be used to secure a loan.

Home Improvement

Maximum Loan Amount Maximum Term Example Amount Current Rate APR Estimated Payment Doc Fee
$15,000.00 84 months $15,000.00 9.24% 9.357% $244.06 $50.00

Updated August 1, 2023

APR (Annual Percentage Rate) is based on a $15,000 loan and includes a $50 doc fee.

Vehicles

Type Condition Year Max Term Example Amount Current Rate APR Estimated Payment Doc Fee
Autos, Harley Davidson Motorcycles New/Used 2024 & 2023 72 months $30,000.00 7.25% 7.318% $516.07 $50.00
2024 & 2023 84 months $35,000.00 7.75% 7.804% $542.10 $50.00
2022 & 2021 60 months $25,000.00 7.75% 7.844% $505.05 $50.00
2022 & 2021 72 months $25,000.00 8.25% 8.332% $442.40 $50.00
2020 & 2019 60 months $20,000.00 8.00% 8.116% $406.64 $50.00
2018 & 2017 48 months $15,000.00 9.75% 9.940% $380.01 $50.00
2016 & Older 36 months $10,000.00 10.50% 10.863% $326.74 $50.00
Boats, Campers, RV’s, Tractors & Equipment New/Used 120 months $20,000.00 9.50% 9.569% $259.55 $50.00
Motorcycles, ATV’s, Snowmobiles, Ski Doos New/Used 48 months $10,000.00 9.50% 9.778% $252.56 $50.00

Updated January 5, 2024

Monthly payment is based on example amount and maximum term
VSI Premium of $40
APR includes $50 doc fee

Loan amount contingent on NADA vehicle value. APR (Annual Percentage Rate) is based on the above example loan and includes a $50 doc fee.

****Minimum Loan Amount $35,000 with 80% Max LTV for 84 month term

Solar Program

Loan Amounts Max Term Example Amount Current Rate APR Est. Payment Minimum Credit Score Ucc Fee Doc Fee
$5,000 – $25,000 120 months $25,000.00 8.74% 8.80% $313.93 725 Up to $72.25 $50.00
$25,001 – $40,000 180 months $40,000.00 9.24% 9.27% $412.16 $50.00

Updated August 1, 2023

Minimum Credit Score 725

*UCC Fee up to $72.25

APR (Annual Percentage Rate) is based on example amount and maximum term, includes a $50 doc fee

Personal Unsecured

Maximum Loan Amount Maximum Term Example Amount Current Rate APR Estimated Payment Doc Fee
$10,000.00 60 months $10,000.00 11.50% 11.735% $221.11 $50.00

Updated August 1, 2023

APR (Annual Percentage Rate) is based on a example loan and maximum term, includes a $50 doc fee.

Collateral Loans

Minimum Loan Amount Maximum Term Maximum LTV Current Rate Doc Fee
$100.00 60 months 95% Deposit rate +3.50% (fixed) or 4.50% whichever is greater n/a

Updated February 2, 2022

Secured loan value up to 95% of available funds.


Mortgage Loans

Savings Bank of Walpole offers a wide range of home mortgage products, including fixed-rate and adjustable-rate loans. Most mortgage customers choose terms of 15 years or 30 years, although at SBW you can choose any term between 10 and 30 years.

In addition to standard home mortgages, please contact a loan specialist to help you with the following:
Below are the current rates for our most common standard mortgage options.

• Please note that rates and fees are subject to change without notice.

• Conforming means the loan meets the underwriting guidelines of Freddie Mac or Fannie Mae. In addition, the financing aspect of your loan may be sold to a third party such as Freddie Mac. It’s important for you to know, you’ll still make payments to Savings Bank of Walpole, and our NH team we will always be here to answer your questions and service your loan. When we sell a loan to Freddie Mac it allows us to re-lend the proceeds helping more homeowners in our community.

• Non-Conforming means the loan parameters are outside the underwriting guidelines of Freddie Mac or Fannie Mae, so your loan will be funded by our lending portfolio here at Savings Bank of Walpole. Here again, our NH team, will always be here to service your loan.

• Where multiple rates are shown, the discount points paid vary with the rate. You may be able to get a rebate of discount points to offset closing costs – call our Mortgage Specialists to learn more.

• The rate you are offered will depend on your credit score, down payment, occupancy, property type or other loan characteristics. Click the “Get Personalized Quote” button, or contact any of our local Mortgage Specialist if you have questions. The rates shown above are for a 780 or better credit score, purchasing a home with a 30% down payment along with other characteristics, including the escrow of taxes and insurance. Click on a rate above to learn more.

Have Questions?

Our Mortgage Specialist are happy to be your mortgage guides!


Business Accounts

Nonprofit Advantage Checking

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$500 to $24,999.99 0.03% 0.03% $500.00 $10.00
$25,000 to $74,999.99 0.03% 0.03% $25,000.00 $10.00
$75,000 to $249,999.99 0.03% 0.03% $75,000.00 $10.00
$250,000 or more 0.03% 0.03% $250,000.00 $10.00

Updated July 29, 2020

IOLTA

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$1,000 to $99,999.99 0.03% 0.03% $1,000.00 $10.00
$100,000 to $199,999.99 0.03% 0.03% $100,000.00 $10.00
$200,000 or more 0.03% 0.03% $200,000.00 $10.00

Updated July 29, 2020

Business Money Market Accounts

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$2,500 to $24,999.99 0.35% 0.35% $2,500.00 $500.00
$25,000 to $99,999.99 0.40% 0.40% $25,000.00 $500.00
$100,000 to $249,999.99 0.50% 0.50% $100,000.00 $500.00
$250,000 or more 0.60% 0.60% $250,000.00 $500.00

Updated December 22, 2022


Business Savings

  Interest Rate Annual Percentage Yield (APY) Minimum Balance to obtain APY
$100 to $2,499.99 0.05% 0.05% $100.00 $10.00
$2,500 to $9,999.99 0.05% 0.05% $2,500.00 $10.00
$10,000 to $24,999.99 0.05% 0.05% $10,000.00 $10.00
$25,000 or more 0.05% 0.05% $25,000.00 $10.00

Updated August 17, 2021


All rates and Annual Percentage Yields (APYs) are subject to change without notice. The Annual Percentage Yield applies when the required minimum balance and interest is kept on deposit for one year. Checking, Savings and Money Market Accounts are variable rate accounts and the rate can change without notice after account opening. Fees could reduce earnings. Certificates of Deposit and IRAs are subject to a penalty for early withdrawal.  


Important Disclosures

Loan rates and terms may vary.
All loans subject to credit approval.
APR = Annual Percentage Rate
Minimum loan amount is $1,000.00 unless otherwise stated.
Contact us for further details.

Equal Opportunity Lender. Loans are made without regard to race, color,religion, national origin, handicap or familial status.