 Print Rates
Rates in effect: July 3, 2008 |
| Type of Account |
Minimum Deposit to Open Account |
Interest Rate |
Annual Percentage Yield (APY)* |
|---|
 |
|
4 Years Term Deposit**
| $500 |
3.45% |
3.50% |
| 3 Years Term Deposit** |
$500 |
3.30% |
3.35% |
| 30 Month Term Deposit ** |
$500 | 3.20% |
3.25% |
| 2 Years Term Deposit** |
$500 |
2.96% |
3.00% |
| 18 Month Term Deposit** |
$500 |
2.96% |
3.00% |
|
14 Month Term Deposit** |
$500 |
2.72% |
2.75% |
| 1 Year Term Deposit** |
$500 |
2.47% |
2.50% |
|
9 Month Term
Deposit** |
$500 |
2.23% |
2.25% |
|
6 Months Term Deposit** |
$500 |
2.13% |
2.15% |
| Ultimate Money Market Account |
$2,500 |
(click here for more information) |
| Money Market Account |
$1,000 |
1.00% |
1.00% |
| Passbook Savings |
None |
0.50% |
0.50% |
| Statement Savings |
None |
0.50% |
0.50% |
| Christmas Club |
None |
0.50% |
0.50% |
| NOW Account |
None |
0.10% |
0.10% |
|
These offerings are available at either of our banking offices.
Fees Could Reduce Earnings On Accounts. The rates and APYs on term
deposits are guaranteed for the length of the term. The rates and APYs
on other accounts May Change After The Account Is Opened.
Rates and APYs are subject to change without notice.
*There Are No Minimum Balance Requirements To Obtain The APY.
**Early Withdrawal Penalties Will Be Imposed.
Print Rates
Rates in effect: July 3, 2008 |
|
Owner occupied 1-4 Family & Condos, Primary Residence and Second
Homes.
FNMA Conforming Loan Amount Limits
| 1 Family |
$417,000 |
3 Family |
$645,300 |
| 2 Family |
$533,850 |
4 Family |
$801,950 |
|
| Program |
Rate |
Points |
APR(1) |
Term in months |
Payment per $1,000 |
|---|
|
| FIXED |
| 30 Year Conforming |
6.500% |
0 |
6.513% |
360 |
$6.32 |
| 20 Year Conforming |
6.375% |
0 |
6.392% |
240 |
$7.38 |
| 15 Year Conforming |
5.750% |
0 |
5.770% |
180 |
$8.30 |
| 10 Year Conforming |
5.500% |
0 |
5.519% |
120 |
$10.85 |
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| ARMS (2) (3) |
| 1/1 Year (Convertible) |
4.500% |
0 |
5.419% |
360 |
$5.07 for year 1. |
| Fully Indexed Rate |
5.500% |
$5.67 for years 2 to 30. |
| 3/3 Year (Convertible) |
4.990% |
0 |
5.385% |
360 |
$5.36 for years 1 to 3. |
|
Fully Indexed Rate |
5.500% |
$5.67 for years 4 to 30. |
| 5/1 Year (Non-Convertible) |
5.490% |
0 |
5.509% |
360 |
$5.67 for years 1 to 5. |
| Fully Indexed Rate |
5.500% |
$5.68for years 6 to 30. |
| 7/1 Year (Non-Convertible) |
5.750% |
0 |
5.639% |
360 |
$5.84 for years 1 to 7. |
| Fully Indexed Rate |
5.500% |
$5.70 for years 8 to 30 |
| |
|
|
|
(1) Annual Percentage Rate (APR) assumes a $100,000 loan with a 20%
down payment, except for Jumbo Loans
Fixed rate loans available with a 5% minimum down payment with PMI.
Adjustable rate
mortgages available with a 5% minimum down payment with PMI.
(2) Caps - 2% Per Adjustment/6% Lifetime
The Margin is 2.875% over the weekly average yield on U.S. Treasury
Securities adjusted
to constant maturities of 1 year for the 1 Year ARM , 5/1 Year ARM
and 7/1 Year ARM and
3 years for the 3/3 Year ARM. Annual Percentage Rate (APR) may
increase after consummation.
(3) 1 Year ARM and 3/3 ARM convertible to a
fixed rate at no charge months 13 through 60. Rate on
conversion is Fannie Mae 60 day mandatory delivery rate plus .625%
on day of conversion. Auto-pay from a WCB checking account
required. Maximum loan amount is $417,000.00.
| (4) 1 Year Index |
2.57% |
Fully indexed rate rounded to nearest 1/8th: |
5.500% |
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| Also Available |
| |
No Points no closing costs program |
| |
Investment Property Loans |
| |
Loans to 1st Time Homebuyers |
| |
Bridge Loans |
| Special Features |
| |
60 Day Rate Locks available at application |
| |
No Prepayment penalties |
Print Rates
Rates in effect: July 3, 2008 |
|
|
Collateral Loans
|
| 95% of principal balance |
5.00% above passbook rate |
|
|
|
| Car Loans |
|
APR | Term |
Payment per $1,000 |
| New |
20% down required
3 Years |
5.75% |
36 |
$30.31 |
| New |
20% down required
4 Years |
6.00% |
48 |
$23.49 |
| New |
20% down required
5 Years |
6.25% |
60 |
$19.45 |
| Used |
20% down required
3
Years |
7.50% |
36 |
$31.11 |
| Used |
20% down required
4 Years |
7.75% |
48 |
$24.30 |
| |
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|
| Personal Loans |
|
|
|
|
$500.00 to
$25,000.00
3 Years Maximum |
|
16.00% |
12 |
$90.73 |
| |
|
16.00% |
24 |
$48.96 |
| |
|
16.00% |
36 |
$35.16 |
| |
|
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|
|
|
| Checking Overdraft Protection |
|
|
|
|
$200.00 to $1,500.00
Minimum payment of $25.00 |
|
14.00% |
|
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| |
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|
| Home Improvement Loans |
|
|
|
|
$1,000.00 to $25,000.00
5 Years |
|
7.25% |
60 |
$19.92 |
| 10 Years |
|
7.50% |
120 |
$11.87 |
| |
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| Home Equity Loans |
Rate |
APR |
Term |
Payment per $1,000 |
$10,000.00 to $100,000.00
5 Years |
5.750% |
5.757% |
60 |
$19.22 |
| $25,000.00 to $100,000.00
10 Years
$25,000.00 to $100,000.00
15 Years
|
5.750%
5.990%
|
5.754%
5.993%
|
120
180
|
$10.98
$8.43
|
| |
Closing costs
approximately $500 |
LTV to 80% |
|
|
|
All
loans are subject to credit approval. Title insurance and trust
review may be required. Offer valid
only for owner occupied one to four family properties not currently
listed for sale. Consult your tax advisor about tax deductibility.
Home equity loans are offered for fixed terms of 10 and 15 years and
up to 80% value. Annual percentage rate is fixed for the life of the
loan. Please note that an appraisal may be required if the tax
assessed value is insufficient for the amount requested. The bank
must be in a valid first or second lien position. Property insurance
is required, and if applicable, flood insurance may be required.
Other restrictions may apply. Offer subject to change at any time. |
| Home Equity Lines of Credit |
|
|
|
|
| Available from
$10,000 to $300,000. |
|
LTV to 85% |
300 |
Wall Street Prime Rate
Minus 1.0% |
| Payments of interest only
for the first fifteen years. |
|
No closing costs. |
| The
current Wall Street Journal Prime Rate is: 5.000% |
| All equity lines of
credit adjust on the fifth day of each month to the
Wall Street Journal Prime Rate as of the first of that month. |
| Maximum APR is 18%, and
property insurance is required. |
| Minimum payment of $100.00
monthly |
|
Minimum rate is 4% APR |
|
Auto-pay from WCB checking account required.
Rates are subject to change without notice.
Early termination fee may apply.
|
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