Rates
Mortgage Type |
Rate |
APR |
Points |
Payment / $1,000 |
|---|---|---|---|---|
| 30 Year Fixed Rate* | 6.250% | 6.318% | 0.000% | $6.16 |
| 15 Year Fixed Rate* | 5.875% | 5.987% | 0.000% | $8.37 |
| 5/1 Adjustable Rate* | 5.125% | 6.661% | 0.000% | $5.44 |
| HELOC** After 6 Month Intro Rate** |
3.990% 7.750% |
3.990% 7.750% |
0.000% 0.000% |
|
| Prime Rate is currently 8.250% | ||||
*Mortgages: The interest rates and annual percentage rates (APRs) shown are effective as of Thursday, May 25, 2023 and subject to change without notice. APRs are based on a loan amount of $225,000.00 and assume 20% equity and apply only to 1-4 family, owner-occupied homes; other programs are available. The payment per thousand amount shown includes principal and interest only and DO NOT included taxes and insurance. Your actual monthly payment will be higher if an escrow account is established or required. Your APR will vary based on your final loan amount and finance charges. Flood insurance may be required.
**Home Equity Lines of Credit: Annual Percentage Rate (APR) as of Thursday, May 25, 2023 and subject to change. Introductory rate is 3.990% for 6 months followed by Wall Street Journal Prime minus .50% with auto-pay from a Canton Co-operative checking or savings account. Without auto pay, rate is Prime plus 0%. The floor rate is 4.00%. Prime rate is currently 8.250%. Maximum rate is 18%. Home Equity Lines of Credit are variable rates subject to increase after consummation. Minimum Line is $10,000. Maximum is $500,000. An early termination fee of $400 applies when a Home Equity Line closes within 3 years. Property insurance required. Flood insurance may be required. Other terms and conditions may apply. Consult with your tax advisory about deductibility.
Personal Checking Accounts |
Rate |
APY |
|---|---|---|
| Totally Free Checking | N/A | N/A |
| 50+ Free Interest Checking | 0.05% | 0.05% |
| VIP Free Interest Checking | 0.05% | 0.05% |
| High Interest Checking – Daily balance of $1,500.00 required to avoid a $6.00 monthly service charge | ||
| Balances $10.00 to $1,499.99 | 0.05% | 0.05% |
| Balances $1,500.00 or more | 0.10% | 0.10% |
CD’s & IRA CD’s |
Rate |
APY |
|---|---|---|
| 3 Month | 4.01% | 4.08% |
| 6 Month | 3.60% | 3.66% |
| 1 Year | 1.00% | 1.00% |
| 2 Year | 1.50% | 1.51% |
| 3 Year | 2.00% | 2.02% |
| 4 Year | 2.50% | 2.53% |
Savings Accounts |
Rate |
APY |
|---|---|---|
| Passbook – Daily balance of $20.00 required to avoid a $1.00 monthly service charge | 0.15% | 0.15% |
| Statement & IRA Statement – Daily balance of $100.00 required to avoid a $1.00 monthly service charge (does not apply to IRA) | 0.15% | 0.15% |
Personal Money Market Accounts |
Rate |
APY |
|---|---|---|
| Standard – Daily balance of $2,500.00 required to avoid a $5.00 monthly service charge | ||
| Balances $10.00 to $2,499.99 | 0.05% | 0.05% |
| Balances $2,500.00 or more | 0.10% | 0.10% |
| Premium & IRA Premium | ||
| Balances $0.01 to $9,999.99 | 0.05% | 0.05% |
| Balances $10,000.00 to $24,999.99 | 0.10% | 0.10% |
| Balances $25,000.00 to $49,999.99 | 0.13% | 0.13% |
| Balances $50,000.00 to $99,999.99 | 0.15% | 0.15% |
| Balances $100,000.00 or more | 0.20% | 0.20% |
Business Accounts |
Rate |
APY |
|---|---|---|
| Totally Free Business Checking | N/A | N/A |
| Business Interest Checking – Daily balance of $1,500.00 required to avoid a $6.00 monthly service charge | 0.05% | 0.05% |
| Business Money Market | ||
| Balances $0.01 to $9,999.99 | 0.05% | 0.05% |
| Balances $10,000.00 to $24,999.99 | 0.10% | 0.10% |
| Balances $25,000.00 to $49,999.99 | 0.13% | 0.13% |
| Balances $50,000.00 to $99,999.99 | 0.15% | 0.15% |
| Balances $100,000.00 or more | 0.20% | 0.20% |