| Fixed Rate Mortgages |
|---|
| Term |
Interest Rate |
Est. APR* |
| 15 Year |
6.00% |
6.151% |
| 20 Year |
6.25% |
6.374% |
| 25 Year |
6.375% |
6.482% |
| 30 Year |
6.50% |
6.597% |
| Jumbo Mortgages (>$766,550) |
|---|
| Term |
Interest Rate |
Est. APR* |
| 15 Year |
6.00% |
6.096% |
| 30 Year |
6.50% |
6.563% |
|
| 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 |
*Estimate Annual Percentage Rates based upon a 0% Service Fee. Annual Percentage Rates and Loan terms are effective January 26, 2024, 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 6.50/6.597% APR is $1,042.92. The calculation includes 31 days of prepaid interest. 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 Rate Home Equity Loans** |
|---|
| Term |
1st Lien |
2nd Lien |
| 12 - 60 Months |
6.50% APR |
6.75% APR |
| 61 - 120 Months |
6.75% APR |
7.00% APR |
| 121 - 180 Months |
7.00% APR |
7.25% APR |
| 181 - 240 Months |
7.50% APR |
N/A |
| One- to Four-Family owner occupied (80% maximum L.T.V.) |
| Owner Occupied Condominiums: Add 1/2% to Above Interest Rates |
| **Annual Percentage Rates and loan terms are effective January 26, 2024 and are subject to change without notice. Minimum loan amount of $5,000 for loans up to 15 years; minimum loan amount greater than 15 years is $20,000. Home Equity Installment Loan monthly payment per $1,000 for 5 years at 6.50% APR equals $19.57. Second lien position interest rates on home equity installment loans apply to mortgage liens recorded subordinate to non-Sewickley Savings Bank first mortgages. |
|
|
Variable Interest Rate Home Equity Line of Credit***
Wall Street Journal Prime Rate +0%
|
|---|
|
| |
| One- to Four-Family, Owner-Occupied Only (80% Maximum Loan to Value) |
| |
| Minimum APR: 3.00% |
| Maximum APR: 18.00% |
| Minimum Draw: $500.00 |
| Min. Monthly Payment: .5% of Outstanding Balance or $100.00, whichever is greater |
| Commitment Term: 120 Months |
| Annual Fee: $40.00 (Waived first year) |
| *** 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 $250,000. 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. |
|
|
| 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 |
|
|
| Certificate Interest Rates |
|---|
| Term |
Interest Rate |
APY* |
Minimum to Open |
| 91 Day |
0.15% |
0.15% |
$2,500.00 |
| 182 Day |
5.15% |
5.15% |
$2,500.00 |
| 9 Month |
4.50% |
4.50% |
$500.00 |
| 11 Month |
4.25% |
4.25% |
$500.00 |
| 1 Yr |
2.25% |
2.25% |
$500.00 |
| 13 Month |
4.30% |
4.30% |
$500.00 |
| 15 Month |
1.25% |
1.25% |
$500.00 |
| 18 Month |
1.50% |
1.50% |
$500.00 |
| 2 Yr |
4.00% |
4.00% |
$500.00 |
| 25 Month |
0.50% |
0.50% |
$500.00 |
| 30 Month |
0.50% |
0.50% |
$500.00 |
| 3 Yr |
4.25% |
4.25% |
$500.00 |
| 4 Yr |
0.50% |
0.50% |
$500.00 |
| 5 Yr |
0.50% |
0.50% |
$500.00 |
| 7 Yr |
0.40% |
0.40% |
$500.00 |
| 182 Day Jumbo CD |
0.20% |
0.20% |
$100,000.00 |
| 365 Day Jumbo CD |
0.25% |
0.25% |
$100,000.00 |
| 182 Day Commercial Jumbo CD |
0.20% |
0.20% |
$100,000.00 |
| 365 Day Commercial Jumbo CD |
0.25% |
0.25% |
$100,000.00 |
| IRA Certificate Interest Rates |
|---|
| Term |
Interest Rate |
IRA /Roth/ESA APY* |
Minimum to Open |
| 91 Day |
0.15% |
0.15% |
$500.00 |
| 182 Day |
5.15% |
5.27% |
$500.00 |
| 9 Month |
4.50% |
4.59% |
$500.00 |
| 11 Month |
4.25% |
4.33% |
$500.00 |
| 1 Yr |
2.25% |
2.27% |
$500.00 |
| 13 Month |
4.30%
|
4.39% |
$500.00 |
| 15 Month |
1.25% |
1.26% |
$500.00 |
| 18 Month |
1.50% |
1.51% |
$500.00 |
| 2 Yr |
4.00% |
4.07% |
$500.00 |
| 30 Month |
0.50% |
0.50% |
$500.00 |
| 3 Yr |
4.25% |
4.33% |
$500.00 |
| 4 Yr |
0.50% |
0.50% |
$500.00 |
| 5 Yr |
0.50% |
0.50% |
$500.00 |
| 7 Yr |
0.40% |
0.40% |
$500.00 |
| 18 Month IRA Var. Rate ** |
1.50% |
1.51% |
$100.00 |
|
Roth IRA's and Educational Savings Accounts are not available in all terms - see below
* 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. |
|
ESAs are only available for the following terms: 9 month, 15 month, 1 year, 3 year, and 5 year.
Roth IRA's are only available for the following terms: 9 month, 11 month, 13 month, 15 month, 1 year, 2 year, 3 year, 5 year, and 7 year.
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