Band Title

Band Subtitle

Zone Title

Zone Subtitle

Feature Wrap Title

Feature Wrap Subtitle

Consumer Loan Rates

Home Equity SpecialHome Equity Line of Credit | Fixed Rate Home Equity Loan | Auto Loan | Unsecured Personal Loan | Overdraft Protection | Collateral Loan | Homeowner Septic Repair


Rates effective as of 11/6/2019 and offered through 11/13/2019

Auto Loans

TypeAPR1Max TermMax Loan AmountDown PaymentModel YearsYearsMonthly Payment
per $1,000
New2
New2
4.750%
4.500%+
4 Yrs
4 Yrs
$50,000
$50,000
0%
0%
2019
2019
Years 1-4
Years 1-4
$22.92
$22.81
New25.250%5 Yrs$50,0000%2019 Years 1-5$18.99
New25.750%6 Yrs$50,0000%2019 Years 1-6$16.46
Used6.250%4 Yrs$30,0003 0%2018 - 2015Years 1-4$22.81
Used6.500%5 Yrs$30,0003 0%2018 - 2015Years 1-5$19.57
1 APR= Annual Percentage Rate.
2 500 miles or less.
3or NADA retail value or purchase price, whichever is less
+ .25% discount with automatic payment from a TSB checking or statement savings account. Payments may increase.
All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Unsecured Personal Loan

APR*Max TermMin Loan AmtMax Loan AmtYearsMonthly Payment
per $1,000
14.00%4 Years$1,000$5,000Years 1-4$27.33
*APR= Annual Percentage Rate
All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Fixed Rate Home Equity Loan1

APR*Max TermMin Loan AmtMax Loan AmtMax Total LTVMonthly Payment
per $1,000†
5.750%15 Years$10,000$200,000 80%$8.30
6.250%20 Years$75,000$200,00080% $7.31
*APR= Annual Percentage Rate.

1 No closing costs for loan amounts of $75,000 or greater. Loan amounts less than $75,000, borrower will be responsible to pay closing cost of approximately $507.35, which includes Attorney Fee, Recording Fee, Flood Certificate Fee and Credit Report Fee. The Bank will pay for the appraisal. Property insurance is required and flood insurance may be required. Property must be a 1-to-4 family owner-occupied home. This loan must be recorded in second position, junior to an existing first mortgage. You should consult with a tax adviser about the deductibility of interest paid on your Home Equity Line of Credit.

All Interest Rates and program guidelines may change without prior notice.
† The "Monthly Payments per $1000 borrowed" amounts referenced above do not include real estate taxes and insurance.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Home Equity Line of Credit SPECIAL

Available for properties located in the Bank's CRA Area only.4
APR*APR after
initial 12 months
Maximum TermMinimum Loan AmtMaximum Loan AmtComments
3.250%14.250%320 Years
$25,000
$300,000Maximum Total LTV: 80%
10 Year draw period2
10 year repayment period
*APR= Annual Percentage Rate.

1Introductory offer of 3.250% APR for 12 months is subject to change during this period based on the Prime Rate as published in the Wall Street Journal on the last business day of the month minus 1 ½%. $25,000 initial advance is required at closing. Automatic payments from a TSB checking account with direct deposit of payroll income are required for the life of the loan. If automatic payments or direct deposit are terminated or you close the checking account or fail to keep sufficient funds on deposit, the rate will terminate and the APR will be adjusted on the first day of each billing cycle to equal the Prime Rate only. $500 termination fee if closed within the first 24 month period. The current Prime Rate is 4.750% as of October 31, 2019. The maximum APR is 18.00% and the minimum APR is 3.000%. Your minimum payment due will never be lower than $100.00. Property insurance is required and flood insurance may be required. No closing costs, except lender’s title insurance is required if credit limit equals or exceeds $100,000 and Loan Account is secured by a first mortgage. Property must be a 1-to-4 family owner-occupied home. You should consult with a tax adviser about the deductibility of interest paid on your Home Equity Line of Credit.

2The monthly payment during the draw period consists of ½ of 1.000% of the outstanding principal, plus finance charges, you pay finance charges only on the funds that you use; monthly payments of principal and finance charges.

3After initial 12 month period, APR will be adjusted monthly based on the Prime Rate as published on the last business day of the month minus ½%. The current Prime Rate is 4.750% as of October 31, 2019.

4 CRA Area: Andover, Lawrence, Lynnfield, Methuen, Melrose, Middleton, North Reading, Reading, Saugus, Stoneham, Wakefield, Wilmington

All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Home Equity Line of Credit

APR*Maximum TermMinimum Loan AmtMaximum Loan AmtComments
4.250%120 Years$10,000$300,000Maximum Total LTV: 80%
10 Year draw period2
10 year repayment period
*APR= Annual Percentage Rate.

1 Your rate will adjust monthly based on the Prime Rate as published in the Wall Street Journal on the last business day of the month minus ½%. The current Prime Rate is 4.750% as of October 31, 2019. The maximum APR is 18.000% and the minimum APR is 3.000%. Your minimum payment due will never be lower than $100.00. Property insurance is required and flood insurance may be required. The borrower will be responsible for closing costs of approximately $507.35, which includes Attorney Fee, Recording Fee, Flood Certificate Fee and Credit Report Fee. The Bank will pay for the appraisal. Property must be a 1-to-4 family owner-occupied home. You should consult with a tax adviser about the deductibility of interest paid on your Home Equity Line of Credit.

2 The monthly payment during the draw period consists of ½ of 1.000% of the outstanding principal, plus finance charges, you pay finance charges only on the funds that you use; monthly payments of principal and finance charges.

All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Money Reserve/Overdraft Protection

APR*Max TermMin Loan AmtMax Loan AmtComments
18.00%Revolving$500$1,0001$30 min. monthly payment
*APR= Annual Percentage Rate.
1 Maximum combined individual and/or household limit is $2,000.

All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Savings Collateral Loan

APR*Max TermMin Loan AmtMax Loan AmtYearsMonthly Payment
per $1,000
9.00%10 Years1$1,00090% of passbook balanceYears 1-10$12.67
*APR= Annual Percentage Rate
1 Savings 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).

All Interest Rates and program guidelines may change without prior notice.


Rates effective as of 11/6/2019 and offered through 11/13/2019

Homeowner Septic Repair Loan

APR*Max TermMin Loan AmtMax Loan AmtComments
0, 3, 5%20 YearsContract plus fees$25,000Based on MassHousing Guidelines
*APR= Annual Percentage Rate

All Interest Rates and program guidelines may change without prior notice.