Take Advantage of the LOW INTEREST RATES on our Home Equity Line of Credit!!!

Sewickley Savings Bank makes every attempt to keep this page current, however interest rates are subject to change without notice. To verify our interest rates, please speak with a Personal Banking Representative. Call for more information. For a listing of our addresses and phone numbers, visit our Locations Page

Link to: Loan Interest Rates | Deposit Interest Rates | Certificate Interest Rates

Loan Interest Rates

Interest Rates effective 11/20/2017  
Conventional Fixed Interest Rate Mortgages
Term Interest Rate Est. APR*
10 Year 3.000% 3.147%
15 Year 3.250% 3.355%
20 Year 3.750% 3.837%
25 Year 3.875% 3.949%
30 Year 3.875% 3.939%
Jumbo Mortgages (>$417,000.00)
 Term Interest Rate Est. APR*
10 Year 3.500% 3.601%
15 Year 3.750% 3.823%
20 Year 4.000% 4.060%
25 Year 4.250% 4.302%
30 Year 4.250% 4.296%
Single Family Owner Occupied loans over 80% to 90% LTV: require Private Mortgage Insurance(PMI)(Conventional mortgages only)
Owner Occupied Condominiums: Add 1/2% to Above Interest Rates
Single Family Non-Owner Occupied and Two Family Owner and Non Owner Occupied to 80% LTV: Call for Current Interest Rates and Terms
Three to Four Family Owner and Non-Owner Occupied to 75% LTV: Call for Current Interest Rates and Terms
First Time Homebuyers Programs
$500 lender credit towards closing costs
Borrower Paid PMI for 91% - 95% L.T.V. Loans / Lender paid PMI for 81% to 90% L.T.V. Loans
Limitations on maximum family income and home sale price
*Estimate Annual Percentage Rates based upon a 0% Service Fee. Annual Percentage Rates and Loan terms are effective May 26, 2017 and are subject to change without notice. A monthly principal and interest payment for a mortgage loan of $165,000 for a 30 year term at a fixed rate of 3.875%/3.939% is $775.90. This applies for the full term of the loan. Taxes and insurance are not included in the payment amount. Above rate is for a single family owner occupied dwelling. Real Estate location is restricted to Sewickley Savings Bank's defined Lending Area. Property insurance is required. Approvals are subject to Sewickley Savings Bank's underwriting guidelines.

Fixed Interest Rate Home Equity Loans** 1 - 4 Family owner occupied (80% maximum L.T.V.)
Term 1st Lien 2nd Lien
12 - 60 Months 3.75% APR 4.00% APR
61 - 120 Months 4.00% APR 4.25% APR
121 - 180 Months 4.25% APR 4.50% APR
181 - 240 Months 4.25% APR NA
Owner Occupied Condominiums: Add 1/2% to Above Interest Rates
1 -4 Family Non Owner Occupied (75% Maximum Loan to Value)**
Term 1st Lien 2nd Lien
12 - 60 Months 5.50% APR 5.75% APR
61 - 120 Months 5.75% APR 6.00% APR
121 - 180 Months 6.00% APR 6.25% APR
Variable Interest Rate Home Equity Lines of Credit**
1 - 4 Family Owner Occupied Only (80% Maximum Loan to Value)
Six Month Initial APR: 1.50%  (May be below minimum APR)
Regular Variable Interest Rate: Wall Street Journal Prime Rate + 0%
Minimum APR: 3.00%
Maximum APR: 18.00%
Minimum Draw: $500.00
Min. Monthly Payment: 1.5% of Outstanding Balance or $100.00, whichever is greater
Commitment Term: 120 Months
Annual Fee: $40.00 (Waived first year)
**Annual Percentage Rates and loan terms are effective as of this date and are subject to change without notice. Minimum loan amount for 12 -180 month terms is $5,000; minimum loan amount for 181- 240 month terms is $20,000. Home Equity Installment Loan monthly payment per $1,000 for 5 years at 3.75% APR equals $18.34. Second lien position interest rates on home equity installment loans apply to mortgage liens recorded subordinate to non Sewickley Savings Bank first mortgages. Home Equity Line of Credit six month initial interest rate is based upon a daily periodic interest rate of .00410959 for 365 days.  A balloon payment may be due at maturity. Closing costs are waived unless an appraisal is required. Property insurance is required. Approvals subject to Sewickley Savings Bank's underwriting guidelines. Title insurance is required for loans exceeding $100,000. Closing cost reimbursement charge may apply during the first 36 months of the loan term. Collateralized real estate location restricted to Sewickley Savings Bank's lending area.
Featured Mortgage Rate
 

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Home Equity Special

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Deposit Interest Rates

Interest Rates effective 11/20/2017

 
Preferred Checking Account
Balance Tier Interest Rate APY*
$1.00 - $499.99 0.00% 0.00%
$500.00-$999.99 0.00% 0.00%
$1,000.00-$2,499.99 0.00% 0.00%
$2,500.00 and Over 0.05% 0.05%
Minimum to open $50.00


Choice Checking Account
Balance Tier Interest Rate APY*
$1.00 - $499.99 0.00% 0.00%
$500.00-$1,499.99 0.00% 0.00%
$1,500.00 and Over 0.05% 0.05%
Minimum to open $20.00
Business Interest Checking Account
Balance Tier Interest Rate APY*
$1.00 - $1,499.99 0.00% 0.00%
$1,500.00 - $4,999.99 0.00% 0.00%
$5,000.00 - $19,999.99 0.05% 0.05%
$20,000.00 and Over 0.05% 0.05%
Minimum to open $100.00


Business Relationship Interest Checking Account
Balance Tier Interest Rate APY*
$1.00 - $1,499.99 0.00% 0.00%
$1,500.00 - $4,999.99 0.10% 0.10%
$5,000.00 - $19,999.99 0.10% 0.10%
$20,000.00 and Over 0.15% 0.15%
Minimum to open $100.00


Money Market Checking Account
Balance Tier Interest Rate APY*
$0.00 - $2,499.99 0.00% 0.00%
$2,500.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $69,999.99 0.10% 0.10%
$70,000.00 - $99,999.99 0.10% 0.10%
$100,000.00 - $199,999.99 0.15% 0.15%
$200,000.00 and Over 0.15% 0.15%
Minimum to open $1,000.00
  Fees could reduce earnings

Money Market Savings Account
Balance Tier Interest Rate APY*
$0.00 - $2,499.99 0.00% 0.00%
$2,500.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $69,999.99 0.10% 0.10%
$70,000.00 - $99,999.99 0.10% 0.10%
$100,000.00 - $199,999.99 0.15% 0.15%
$200,000.00 and Over 0.15% 0.15%
Minimum to open $1,000.00


Classic Savings Account
Balance Tier Interest Rate APY*
$0.00 - $2,499.99 0.05% 0.05%
$2,500.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $69,999.99 0.10% 0.10%
$70,000.00 - $99,999.99 0.10% 0.10%
$100,000.00  - $199,999.99 0.15% 0.15%
$200,000.00 and Over 0.15% 0.15%
Minimum to open $1.00


Statement Savings Account
Balance Tier Interest Rate APY*
$0.00 - $2,499.99 0.05% 0.05%
$2,500.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $69,999.99 0.10% 0.10%
$70,000.00 - $99,999.99 0.10% 0.10%
$100,000.00 - $199,999.99 0.15% 0.15%
$200,000.00 and Over 0.15% 0.15%
Minimum to open $20.00


Christmas Club Account
Balance Tier Interest Rate APY*
$0.00 - $499.99 0.00% 0.00%
$500.00 - $19,999.99 0.05% 0.05%
$20,000.00 and Over 0.15% 0.15%
Minimum to open $25.00


Educational Savings Account
Balance Tier Interest Rate APY*
$1.00 - $2,499.99 0.05% 0.05%
$2,500.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $69,999.99 0.10% 0.10%
$70,000.00 - $99,999.99 0.10% 0.10%
$100,000.00 -$199,999.99 0.15% 0.15%
$200,000.00 and Over 0.15% 0.15%
Minimum to open $25.00

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Certificate Interest Rates

Interest Rates effective 11/20/2017

 
Certificate Interest Rates
Term Interest Rate APY* Minimum to Open
91 Day 0.20% 0.20% $2,500.00
182 Day 0.50% 0.50% $2,500.00
9 Month 0.35% 0.35% $500.00
1 Yr 1.20% 1.20% $500.00
15 Month 0.45% 0.45% $500.00
18 Month 1.35% 1.35% $500.00 
2 Yr 1.30% 1.30% $500.00
25 Month 1.65% 1.65%  $500.00 
30 Month 1.75%  1.75%  $500.00
3 Yr 2.00% 2.00% $500.00
4 Yr 1.85% 1.85% $500.00
5 Yr 2.00% 2.00% $500.00
7 Yr 2.00%  2.00% $500.00 
182 Day Jumbo CD 0.30% 0.30% $100,000.00
365 Day Jumbo CD 0.50% 0.50% $100,000.00
182 Day Commerical Jumbo CD 0.30% 0.30% $100,000.00
365 Day Commercial Jumbo CD 0.50% 0.50% $100,000.00

IRA Certificate Interest Rates
Term Interest Rate IRA /Roth/ESA APY* Minimum to Open
91 Day 0.20% 0.20% $500.00
182 Day 0.50% 0.50% $500.00
9 Month 0.35% 0.35% $500.00
1 Yr 1.20% 1.21% $500.00
15 Month 0.45% 0.45% $500.00
18 Month 1.35% 1.36% $500.00
2 Yr 1.30% 1.31% $500.00
30 Month 1.75%  1.76% $500.00
3 Yr 2.00% 2.02% $500.00
4 Yr 1.85% 1.87% $500.00
5 Yr 2.00% 2.02% $500.00
7 Yr 2.00%  2.02% $500.00
18 Month IRA Var. Rate ** 1.35% 1.36% $100.00

 

* Annual Percentage Yield

** All interest rates and Annual Percentage Yield subject to change - IRA variable interest rates subject to change the 1st Tuesday of every month

Penalty may be imposed for early withdrawals from certificates of deposit

IRA's and Educational Savings Accounts have additional IRS requirements. Please contact any our offices for details.
Roth IRAs and ESAs are only available for the following terms: 9 month, 15 month, 1 year, 3 year, 5 year, 7 year.
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