Checking and Savings Accounts
| The Interest Rate and APY may change after the account is opened. |
| Effective as of 12/9/09 |
| Account Type |
Opening Balance Requirement |
Balance to Earn APY |
Interest Rate* |
Annual Percentage Yield (APY) |
Interest Checking - Tier 2 e-Checking - Tier 2 |
$50 |
$10,000 & over |
0.20% |
0.20% |
Interest Checking - Tier 1 e-Checking - Tier 1 |
$50 |
$10 - $9,999.99 |
0.05% |
0.05% |
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| Open a CD with your Premium Checking and receive a bonus rate of +.15% to the CD Rate. |
| Premium Checking Tier 4 |
$10 |
$100,000 & over |
1.00% |
1.00% |
| Premium Checking Tier 3 |
$10 |
$25,000-$99,999 |
0.70% |
0.70% |
| Premium Checking Tier 2 |
$10 |
$2,500-$24,999 |
0.50% |
0.50% |
| Premium Checking Tier 1 |
$10 |
$10-$2,499 |
0.05% |
0.05% |
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| Attorney Iolta Account
| $10 |
$10 |
1.24% |
1.25% |
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| The Money Market Account Tier 6 |
$2,500 |
$100,000 & over |
1.29% |
1.30% |
| The Money Market Account Tier 5 |
$2,500 |
$50,000 - $99,999.99 |
1.19% |
1.20% |
| The Money Market Account Tier 4 |
$2,500 |
$25,000 - $49,999.99 |
1.00% |
1.00% |
| The Money Market Account Tier 3 |
$2,500 |
$10,000 - $24,999.99 |
0.80% |
0.80% |
| The Money Market Account Tier 2 |
$2,500 |
$2,500 - $9,999.99 |
0.75% |
0.75% |
| The Money Market Account Tier 1 |
$2,500 |
$10 - $2,499.99 |
0.05% |
0.05% |
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| Passbook Savings |
$10 |
$10 |
0.35% |
0.35% |
| Statement Savings |
$10 |
$10 |
0.25% |
0.25% |
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| Investment Account Tier 2 |
$2,500 |
$2,500 & over |
0.30% |
0.30% |
| Investment Account Tier 1 |
$2,500 |
$10 - $2,499.99 |
0.05% |
0.05% |
*To earn the stated APY, the minimum balance indicated must be maintained.
No interest is accrued on any day the balance is less than $10.00 on all of the checking and savings accounts listed above.
Term Deposit and IRA Accounts
| An early withdrawal penalty may be imposed. |
| Effective as of 12/9/09 |
| Account Type |
Minimum Balance |
Interest Rate |
Annual Percentage Yield (APY) |
| 6 Month - Fixed Rate |
$ 1,000 |
0.90% |
0.90% |
| 9 Month - Fixed Rate |
$ 1,000 |
1.045% |
1.05% |
| 12 Month - Fixed Rate |
$ 1,000 |
1.19% |
1.20% |
| 18 Month - Fixed Rate |
$ 1,000 |
1.39% |
1.40% |
| 24 Month - Fixed Rate |
$ 1,000 |
1.74% |
1.75% |
| 36 Month - Fixed Rate |
$ 1,000 |
1.98% |
2.00% |
| 48 Month - Fixed Rate |
$ 1,000 |
2.18% |
2.20% |
| 60 Month - Fixed Rate |
$ 1,000. |
2.37% |
2.40% |
These offerings are available at all Banking Offices of The Savings Bank. Rates and APY's are accurate as of the effective date stated above.
Service Fees may reduce earnings on the account.
Rates are subject to change without notice.
DEPOSIT AREA
WE WILL ACCEPT DEPOSITS FROM CUSTOMERS WHO LIVE OR WORK IN THE STATE OF NEW HAMPSHIRE AND THE COMMONWEALTH OF MASSACHUSETTS.
Real Estate Loan Rates - Fixed
| Effective as of 12/9/09 |
Type |
Rate |
Points |
APR 20% Down |
Maximum Loan Amt |
Maximun Term |
| 10 Year Fixed |
4.375% 5.125% |
0 0 |
4.440% 5.140% |
$500,000 $1,000,000 |
10 Years 10 Years |
| 15 Year Fixed |
4.250% 4.375% |
1 0 |
4.450% 4.430% |
* * |
15 Years 15 Years |
| 30 Year Fixed |
4.750% 4.875% 5.000% |
2 1 0 |
4.960% 4.990% 5.030% |
* * * |
30 Years 30 Years 30 Years |
| With a 20% down-payment, a 30 Year Fixed Rate Mortgage at 5.000% with no points would be repayable in 360 monthly payments of $5.37 per $1,000 borrowed. |
Fixed Interest Rates are subject to change daily without prior notice. At time of application the Fixed Interest Rate applied for may be higher or lower than the Fixed Interest Rate quoted on this Rate Sheet. All Interest Rates and program guidelines may change without prior notice.
Fixed Rate APR includes prepaid finance charges such as points, $80.00 Tax Service Fee, $80.00 Hazard Tracking Fee, $150.00 Processing Fee and $14.50 Flood Certificate Fee.
Maximum Loan Amounts:
• Single Family: $417,000
• Two Family: $533,850
• Three Family: $645,300
• Four Family: $801,950
• 95% Maximum Financing; PMI required with less than a 20% down-payment
• 60-Day Rate Lock - other Rate Lock options available
• Appraisal Fee: Single Family: $350.00; 2-4 Family: $550.00
• Credit Report Fee: Joint: $21.43; Individual: $18.74
• Flood Certificate Fee: $14.50
Real Estate Loan Rates - Adjustable
Effective as of 12/9/09 These rates are for loans less than or equal to $500,000 |
Type |
Rate |
Points |
APR1 20% Down |
Caps |
Margin |
Maximum Term |
| 3/3 ARM |
4.625% |
0 |
4.170% |
2/5 |
2.75% |
30 Years |
| 5/5 ARM |
4.750% |
0 |
4.860% |
2/6 |
2.75% |
30 Years |
| 7 Year Fixed/1 Year ARM |
5.125% |
0 |
4.110% |
1/4 |
2.75% |
30 Years |
| 10 Year Fixed/1 Year ARM |
5.250% |
0 |
4.510% |
1/4 |
2.75% |
30 Years |
| With a 20% down-payment, a 3/3 ARM at 4.625% for 30 years would be repayable in 36 monthly payments of $5.14 followed by 324 monthly payments of $4.80 per $1,000 borrowed.
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Real Estate Loan Rates - Jumbo Adjustable
Effective as of 12/9/09 These rates are for loans greater than $500,000 |
Type |
Rate |
Points |
APR1 20% Down |
Caps |
Margin |
Maximum Term |
| 3/3 ARM |
5.375% |
0 |
4.900% |
2/5 |
3.50% |
30 Years |
| 5/5 ARM |
5.500% |
0 |
5.580% |
2/6 |
3.50% |
30 Years |
| 7 Year Fixed/1 Year ARM |
5.875% |
0 |
4.870% |
1/4 |
3.50% |
30 Years |
| 10 Year Fixed/1 Year ARM |
6.000% |
0 |
5.270% |
1/4 |
3.50% |
30 Years |
| With a 20% down-payment, a 3/3 ARM at 5.375% for 30 years would be repayable in 36 monthly payments of $5.60, followed by 324 monthly payments of $5.24 per $1,000 borrowed. |
First Time Home Buyer Program Rates
Effective as of 12/9/09 The following rates are for loan amounts less than or equal to $500,000.00 |
Type |
Rate |
Points |
APR1 10% Down |
Caps |
Margin |
Maximum Term |
| 5/5 ARM |
4.750% |
0 |
4.840% |
2/6 |
2.75% |
30 Years |
| 7 Year Fixed/ 1 Year ARM |
5.125% |
0 |
4.100% |
1/4 |
2.75% |
30 Years |
| 10 Year Fixed/ 1 Year ARM |
5.250% |
0 |
4.500% |
1/4 |
2.75% |
30 Years |
| With an 11% down-payment, a 5/5 ARM at 4.750% for 30 years would be repayable in 60 monthly payments of $5.22 followed by 300 monthly payments of $5.28 per $1,000 borrowed. |
All Interest Rates and program guidelines may change without prior notice. ARM indices based on the weekly average yield U.S. Treasury Securities. Rate may increase after consummation on all Adjustable Rate Mortgages.
1ARM Composite APR includes prepaid finance charges such as, $80.00 Tax Service Fee, $80.00 Hazard Tracking Fee and $14.50 Flood Certificate Fee.
Fixed Rate APR includes prepaid finance charges such as $80.00 Tax Service Fee, $80.00 Hazard Tracking Fee, and $14.50 Flood Certificate Fee.
Maximum Financing:
97% with PMI on 1 family property with a maximum loan amount of $417,000, Homebuyer Counseling Certificate required
95% with PMI on 2 family property with a maximum loan amount of $500,000
Any loan that requires Private Mortgage Insurance (PMI) must meet all guidelines established by the MI company including:
a. Credit Scores
b. Market Restrictions
c. Property Type
d. Financial Reserves
89% with NO PMI on a 1 and 2 family property with a maximum loan amount of $500,00080% with NO PMI on a 3 and 4 family property with a maximum loan amount of $500,000
Parameters:
No purchase price limit
No form of ownership in residential property in the last 3 years
Copies of last two years signed federal tax returns required
1 to 4 family owner occupied
No Construction Loans
Condominiums must have 70% owner occupancy ratio, a minimum of 600 square feet of livable space, and a minimum of 3 units in the association
Closing Cost
NO Appraisal Fee, NO Credit Report Fee, NO Application Fee, NO Points
Reduced Closing Cost of $990.00 (Includes Attorney Fee, Plot PLan, MLC and Recording Fees)
Reduced Title Insurance ($2.00 per $1,000), Tax Service Fee ($80.00), Hazard Tracking Fee ($80.00), Flood Certificate Fee ($14.50), Real Estate Tax Escrow and PMI
60 Day Rate Lock - other Rate Lock Options are available
For more information about this product or other real estate loan products we offer, please call our mortgage specialists at (781) 224-5368.
Auto Loan Rates
| Effective as of 12/9/09 |
| Type |
APR/Rate |
Term |
Max Loan Amt |
Down-Payment |
Model Years |
| New Auto |
5.750% 6.000% 6.250% |
4 Years+ 5 Years 6 Years |
$50,000 |
0% |
2009 With 500 Miles or Less |
| Used Auto |
6.500% 6.750% |
4 Years 5 Years |
$30,000 or NADA Retail Value or Purchase Price whichever is Less |
0% |
2008-2005 |
.25% off auto loan rates for automatic payment from TSB account
+ Example: With a maximum loan amount of $50,000, a 48-month auto loan with a rate of 5.750% would cost $23.36 per $1,000
Example: With a maximum loan amount of $50,000, a 48-month auto loan with a rate of 5.550% would cost $23.25 per $1,000
Consumer Loan Rates
| Effective as of 12/9/09 |
| Type |
APR/Rate |
Max Term |
Min Loan Amt |
Max Loan Amt |
Comments |
| Unsecured Personal Loan |
12.00% |
4 Years |
$1,000 |
$5,000 |
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| Fixed Rate Home Equity Loan1 |
6.375% 7.000% |
15 Years 20 years |
$10,000 $75,000 |
$200,000 $200,000 |
Appraised LTV: 70% Automated Value LTV: 60% |
| Home Equity Line of Credit |
4.00%2
Prime for Life |
20 years |
$10,000 |
$300,000 |
Appraised LTV: 70% Automated Value LTV: 60%
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Money Reserve/ Overdraft Protection |
18.00% |
Revolving |
$500 |
$2,500 |
$30 min. monthly payment |
| Passbook Collateral |
9.00% |
10 Years3 |
$500 |
90% of passbook balance |
Monthly installments of principal and interest |
| Small Dollar Loan4 |
18.00% |
3-18 months 3-36 months |
$300 $600 |
$500 $1,000 |
New passbook savings account required4 |
| Homeowner Septic Repair |
0, 3, 5% |
20 Years |
$1,000 |
$25,000 |
Based on MassHousing Guidelines |
| Get the Lead Out Program |
Please call a loan representative for details. |
Based on MassHousing Guidelines |
1Rate Discounted by .25% with automatic payment from TSB checking or statement savings account.
This loan must be recorded in second position, junior to an existing first mortgage.
No closing costs for loan amounts of $75,000 or greater; borrower will be responsible to pay an appraisal fee if needed. Loan amounts less than
$75,000, borrower will be responsible to pay closing costs of $446 and appraisal fee if needed. Property insurance is required.
2Your rate will adjust monthly based on the Prime Rate as published in the Wall Street Journalon the last business day of the month. The current Prime Rate is 3.250% as of November 30, 2009. The maximum APR is 18.00% and the minimum APR is 4.00%. Your minimum payment due will never be lower than $100.00. An appraisal fee in the range of $350.00 to $550.00 will be charged on any loan request greater than $250,000. Any loan request $250,000 or less will be charged an automated value fee of $9.95. However, the Bank always reserves the right to require a full real estate appraisal, at borrowers' expense, for any real estate loan request. Property insurance is required. The borrower will be responsible for additional closing costs of $436.00, which includes the Attorney Fee, Recording Fee, Flood Certificate Fee, and Credit Report Fee. You should consult with a tax advisor about the deductibility of interest paid on your Home Equity Line of Credit.
3Passbook Collateral loan payback schedule is based on $1,000 per year (i.e. $1,000 @ 1 year, $4,000 @ 4 years, $15,000 up to 10 years).
4Must open a new passbook savings account to accompany this loan and must maintain required passbook balance, 5% of loan proceeds, for term of the loan.
For more information, call our Consumer Loan Specialists at (800) 246-2009
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