Rates

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.

Rates effective December 22, 2022

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

Rates effective March 23, 2023

$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.

Rates effective 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.

Updated February 2, 2022

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

Updated January 3, 2023

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

Updated January 3, 2023

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.

Updated January 3, 2023

Minimum Credit Score 725

*UCC Fee up to $67

Updated February 2, 2022

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

Updated February 2, 2022

Secured loan value up to 95% of available funds.

Updated March 7, 2023

All Conventional Rates are quoted for a 45 day lock. Construction rates are quoted for a 60 day lock.  Longer lock periods may be available. Payments do not include amounts for taxes and any insurance premiums or any homeowners’ association dues. Your actual payment obligation will be greater.

All Rates quoted are based on loans with a 40% down payment for single family dwellings as a primary residence. Portfolio rates are based on a maximum loan amount of $726,200. Jumbo rates are based on a loan amount greater than $726,201. To qualify for rates quoted a minimum credit score of 740 and other underwriting requirements must be met.

Portfolio, Jumbo and Construction Loans: Maximum loan to value calculations vary based on property type and occupancy status. Rates may vary due to property or loan characteristics.

Programs include escrows for taxes and insurance. To waive escrows for taxes on first lien Mortgages, a fee of .25% of the loan amount will be charged. This fee is not applicable to land, construction and equity products.

APR and Fees:

• APR = Annual Percentage Rate. The APR is a calculation designed to make it easier to compare loan estimates from different lenders, incorporating the different points and fees charged by the lenders as well as the stated interest rate.
• APRs on quoted Retained and Portfolio loans reflect the quoted interest rate and points as well as a $750 origination fee, $20 flood certification fee, $90 tax service fee, $166 appraisal management fee, $25 closing protection letter, and a $800 settlement fee for a purchase.
• Construction loans include  a 1% construction fee on the first $500,000 of construction funds and then 1/2% of the excess amount above $500,000, for a 12 month construction period.  Loans where the borrower acts as the general contractor (Self-Builds) will have a two (2)% construction fee schedule for a 12 month construction period.  Longer construction periods may be available.
• APR’s on quoted construction loans  include the quoted interest rate and points as well as  a 1% construction fee, $750 origination fee, $20 flood certification fee, $90 tax service fee, $166 appraisal management fee, $25 closing protection letter, $250 plot plan fee, $175 Final Inspection Fee, and a $800 settlement fee. Fees quoted are for New Hampshire properties. Please contact a Mortgage Originator for Vermont fees.

Updated March 2, 2023

Payments do not include amounts for taxes and any insurance premiums or any homeowners’ association dues.. Your actual payment obligation will be greater. Monthly Payments are calculated using a $200,000 loan amount and the term quoted.

Programs include escrows for taxes and insurance. To waive escrows for taxes on first lien Mortgages, a fee of .25% of the loan amount will be charged. This fee is not applicable to land, construction and equity products.

• APR = Annual Percentage Rate. ARM = Adjustable Rate Mortgage; APR may increase after consummation.
• For Adjustable rates, fully indexed rate is the Secured Overnight Financing Rate (SOFR) plus the Maximum loan to value calculations vary based on property type and occupancy status. All APRs assume FICO Score of 740 and a down payment of 40%.
• Construction loans include a 1% construction fee on the first $500,000 of construction funds and then 1/2% on the amount above $500,000, for a 12 month construction period. Modular construction loan fees will cap out at the maximum construction loan fee of $5,000. Loans where the borrower acts as the general contractor (Self-Builds) will have a two (2)% construction fee schedule for a 12 month construction period. 
• Interest rate on ARM loans may increase as much as 2% per annual adjustment period and a maximum of 6% from the initial rate over the lifetime of the loan. The interest rate on ARM loans may increase after the initial fixed rate period following closing.
• APRs for land loans reflect the quoted interest rate and points as well as a $750 origination fee, $20 flood certification fee, $90 tax service fee, $166 appraisal management fee, $25 closing protection letter, and a $800 settlement fee.
• APRs on quoted construction loans include a 1% construction fee, $750 origination fee, $20 flood certification fee, $90 tax service fee, $166 appraisal management fee, $25 closing protection letter, $250 plot plan fee, $175 Final Inspection Fee, and a $800 settlement fee.

Rates effective Friday, March 31, 2023

Rates effective Friday, March 31, 2023

*For Home Equity Line of Credit, the interest rate and APR will be 6.490% for the first 12 months. After the first twelve months the rate will be adjusted monthly to the Wall Street Journal Prime Rate during the remaining advance period and is subject to change at any time. After the first twelve months, the interest rate will not go below 3.990% or above 18.00%. Based on these terms, and WSJ Prime = 8.000%, the variable APR would be 8.000 % after the first 12 months. Rates are quoted based on property being owner occupied or a second home with 80% CLTV and a credit score of 680.

Updated July 29, 2020

Updated July 29, 2020

Updated December 22, 2022

Updated August 17, 2021