Rates
- Deposit Rates
- Consumer Loan Rates
- Residential Lending Rates
- Mass Housing Rates
Deposit Rates
Deposit Account Rates
Checking
| Account | Interest Rate | APY | Minimum Deposit to Open | Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| Totally Free Checking: 50+ Free Interest Checking | 0.03% | 0.03% | $1† | $1 |
| Totally Free Checking: VIP Free Interest Checking | 0.03% | 0.03% | $1† | $1 |
| Higher Yield Checking | 0.03% | 0.03% | $1† | $1 |
| 0.12% | 0.12% | $1,500 | ||
| Money Market** | 0.03% | 0.03% | $1,000 | $10 |
| 0.12% | 0.12% | $1,000 |
Savings
| Account | Interest Rate | APY | Minimum Deposit to Open | Minimum Balance to Obtain APY* |
|---|---|---|---|---|
|
Totally Free Savings**
|
0.05% | 0.05% | $10 | $10 |
Certificates of Deposit
| Account | Interest Rate | APY | Minimum Deposit to Open | Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| 91 Day | 0.10% | 0.10% | $1,000 | $10 |
| 6 Month | 0.20% | 0.20% | $1,000 | $10 |
| 6 Month Flex | 0.20% | 0.20% | $1,000 | $10 |
| 12 Month | 0.40% | 0.40% | $1,000 | $10 |
| 14 Month Special | 2.47% | 2.50% | $500 | $10 |
| 18 Month | 0.75% | 0.75% | $1,000 | $10 |
| 24 Month | 0.85% | 0.85% | $1,000 | $10 |
| 30 Month | 0.95% | 0.95% | $1,000 | $10 |
| 36 Month | 1.09% | 1.10% | $1,000 | $10 |
| 48 Month | 1.29% | 1.30% | $1,000 | $10 |
| 60 Month | 1.88% | 1.90% | $1,000 | $10 |
Individual Retirement Accounts
| Account Type | Interest Rate | APY | Minimum Deposit To Open | Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| Totally Free Savings** | 0.10% | 0.10% | $10 | $10 |
| 6 Month | 0.20% | 0.20% | $1,000 | $10 |
| 12 Month | 0.40% | 0.40% | $500 | $10 |
| 14 Month Special | 2.47% | 2.50% | $500 | $10 |
| 18 Month | 0.75% | 0.75% | $1,000 | $10 |
| 18 Month Variable** | 2.09% | 2.11% | $10 | $10 |
| 24 Month | 0.85% | 0.85% | $1,000 | $10 |
| 30 Month | 0.95% | 0.95% | $1,000 | $10 |
| 36 Month | 1.09% | 1.10% | $1,000 | $10 |
| 48 Month | 1.29% | 1.30% | $1,000 | $10 |
| 60 Month | 1.88% | 1.90% | $1,000 | $10 |
† Suggested minimum deposit to open.
*Daily balance - the amount of principal in the account each day.
**Rate may change after opening.
Penalties for early withdrawal on CD's may be imposed. Fees could reduce the earnings on the above accounts.
Rates are subject to change anytime.
**Rate may change after opening.
Penalties for early withdrawal on CD's may be imposed. Fees could reduce the earnings on the above accounts.
Rates are subject to change anytime.
Consumer Loan Rates
Equity Credit Lines
| Max Combined Loan-to-Value | Max Term | Index | Margin | Min Annual Percentage Rate/Floor | Max Annual Percentage Rate | Annual Percentage Rate |
|---|---|---|---|---|---|---|
| 80% | 15 Years | Prime* | 0% | 0.00% | 15% | 2.250%*** |
Fully Indexed Annual Percentage Rates is………5.500%
***Interest Rate Fixed for the first year then floating with WSJ prime.
***Interest Rate Fixed for the first year then floating with WSJ prime.
Minimum Loan Amount $25,000.00
Rates Subject to Increase After Consummation
Rates Subject to Increase After Consummation
*WSJ / Wall Street Journal Prime; Monthly Variable Index.........5.500%
Making minimum required payments will result in a balloon balance falling due at loan maturity
Making minimum required payments will result in a balloon balance falling due at loan maturity
No closing costs with automatic loan payment from a Greenfield Savings Bank
checking account on loans up to $250,000**
Closing costs range between $811.00-$1,117.00.
checking account on loans up to $250,000**
Closing costs range between $811.00-$1,117.00.
Early termination fee applies.
Equity Loans
Terms and Interest Rates for a Greenfield Savings Bank first mortgage or
second mortgage behind a Greenfield Savings Bank first mortgage.
| Max Combined Loan-to-Value | Max Term | Index | Margin | Max Annual Percentage Rate | Annual Percentage Rate | Monthly Payments per $1,000 |
|---|---|---|---|---|---|---|
| 80% | 5 Years | Fixed | n/a | n/a | 3.375% | 60 monthly payments of $18.14 |
| 80% | 10 Years | Fixed | n/a | n/a | 4.000% | 120 monthly payments of $10.12 |
| 80% | 15 Years | Fixed | n/a | n/a | 4.500% | 180 payments of $7.65 |
| 80% | 20 Years | Fixed | n/a | n/a | 4.750% | 240 payments of $6.46 |
Terms and Interest Rates for a second mortgage
behind a NON Greenfield Savings Bank first mortgage.
| Max Combined Loan-to-Value | Max Term | Index | Margin | Max Annual Percentage Rate | Annual Percentage Rate | Monthly Payments per $1,000 |
|---|---|---|---|---|---|---|
| 80% | 5 Years | Fixed | n/a | n/a | 3.500% | 60 monthly payments of $18.19 |
| 80% | 10 Years | Fixed | n/a | n/a | 4.125% | 120 monthly payments of $10.18 |
| 80% | 15 Years | Fixed | n/a | n/a | 4.625% | 180 payments of $7.71 |
| 80% | 20 Years | Fixed | n/a | n/a | 4.875% | 240 payments of $6.53 |
No closing costs with automatic loan payment from a Greenfield Savings Bank
checking account on loans up to $250,000**
Closing costs range between $811.00 - $1,117.00
Payments do not include Real Estate Taxes & Insurance. The actual payment obligation may be greater.
**Loan amounts over $250,000.00 will require full title, title insurance and a municipal lien certificate.
**Loan amounts over $250,000.00 will require full title, title insurance and a municipal lien certificate.
Closing costs vary depending on loan amount.
For example, closing costs on an estimated loan amount of $275,000.00 range from $1,957.00 - $2,263.00.
A Lender credit will be applied ranging between $811.00 - $1,117.00 with automatic loan payments from Greenfield Savings Bank checking account
All Loans Subject to Credit Approval.
THE BANK RESERVES THE RIGHT TO CHANGE THE RATE AND TERMS OF MORTGAGE PROGRAMS WITHOUT NOTICE.
Loan Origination Company Identifier #409187
Residential Lending Rates
Residential Lending Rates
Fixed Rate Bi-Weekly Products for 1-4 Family Owner Occupied Properties
| Product Description | Rate | Maximum Term | Discount Points | Annual Percentage Rate (APR) | Payments Per $1,000 | |
|---|---|---|---|---|---|---|
| 25-Year Bi-Weekly | 3.750% | 25 Years | 2 | 4.010% | $2.57 | |
| 3.875% | 25 Years | 1 | 4.029% | $2.60 | ||
| 4.000% | 25 Years | 0 | 4.049% | $2.64 | ||
| 20-Year Bi-Weekly | 3.625% | 20 Years | 2 | 3.935% | $2.93 | |
| 3.750% | 20 Years | 1 | 3.934% | $2.96 | ||
| 3.875% | 20 Years | 0 | 3.933% | $3.00 | ||
| 15-Year Bi-Weekly | 3.250% | 15 Years | 2 | 3.643% | $3.51 | |
| 3.375% | 15 Years | 1 | 3.608% | $3.54 | ||
| 3.500% | 15 Years | 0 | 3.573% | $3.57 | ||
| 10-Year BiWeekly | 3.375% | 10 Years | 0 | 3.481% | $4.92 |
Payments do not include Real Estate Taxes & Insurance. The actual payment obligation may be greater.
Requires Automatic Loan Payment from a Greenfield Savings Bank Checking Account.
Your rate may be subject to increase based on credit, loan to value, property type, and appraisal review.
Fixed Rate Products for 1-4 Family Owner Occupied Properties
| Product Description | Rate | Maximum Term | Discount Points | Annual Percentage Rate | Payments Per $1,000 | |
|---|---|---|---|---|---|---|
| 30-Year Fixed | 3.625% | 30 Years | 2 | 3.883% | $4.56 | |
| 3.750% | 30 Years | 1 | 3.926% | $4.63 | ||
| 3.875% | 30 Years | 0 | 3.968% | $4.70 | ||
| 20-Year Fixed | 3.500% | 20 Years | 2 | 3.859% | $5.80 | |
|
3.625%
|
20 Years | 1 | 3.868% | $5.86 | ||
| 3.750% | 20 Years | 0 | 3.878% | $5.93 | ||
| 15-Year Fixed | 3.125% | 15 Years | 2 | 3.580% | $6.97 | |
| 3.250% | 15 Years | 1 | 3.558% | $7.03 | ||
| 3.375% | 15 Years | 0 | 3.536% | $7.09 | ||
| 10-Year Fixed | 3.250% | 10 Years | 0 | 3.482% | $9.77 |
Payments do not include Real Estate Taxes & Insurance. The actual payment obligation may be greater.
Your rate may be subject to increase based on credit, loan to value, property type, and appraisal review.
The bank reserves the right to change the rate and terms of mortgage programs without notice. The above products will be available for 90 days from the date a completed application is received by the bank. Rates are effective as of the date of this post. Rates may be subject to change without notice. Please call for more information.
Adjustable Rates for 1-4 Family Owner Occupied Properties
| Product Description | Rate | Maximum Term | Margin | Discount Points | Annual Percentage Rate (APR) | Payments Per $1,000 |
Payments Per $1,000
(Fully Indexed)
|
|---|---|---|---|---|---|---|---|
| 5/1 Adjustable Rate Mortgage* | 3.375% | 30 Years | 2.750% | 0 | 4.345% | $4.42 | $5.12 |
| 7/1 Adjustable Rate Mortgage* | 3.500% | 30 Years | 2.875% | 0 | 4.312% | $4.49 | $5.14 |
| 10/1 Adjustable Rate Mortgage* | 3.875% | 30 Years | 3.500% | 0 | 4.577% | $4.70 | $5.40 |
Payments do not include Real Estate Taxes & Insurance. The actual payment obligation may be greater.
ARM Lifetime Caps 2% per adjustment cap / 5% lifetime cap.
Your rate may be subject to increase based on credit, loan to value, property type, and appraisal review.
*Rates subject to increase after consummation
Rates and payments subject to adjust after the first 5/7/10 years and annually thereafter.
Fixed Rate for 1-4 Family Investment Properties
| Product Description | Rate | Maximum Term | Discount Points | Annual Percentage Rate | Payments Per $1,000 | |
|---|---|---|---|---|---|---|
| 30-Year Fixed | 4.875% | 30 Years | 0 | 4.978% | $5.29 | |
| 20-Year Fixed | 4.500% | 20 Years | 0 | 4.636% | $6.33 | |
| 15-Year Fixed | 4.375% | 15 Years | 0 | 4.547% | $7.59 |
Fixed Rate Land Loans**
| Product Description | Rate | Maximum Term | Discount Points | Annual Percentage Rate | Payments Per $1,000 | |
|---|---|---|---|---|---|---|
| 15-Year Fixed Rate | 5.500% | 15 Years | 0 | 5.685% | $8.17 |
**Buildable Lot with Satisfactory Perc Test or Town Water/Sewer.
The Adjustable Rate Indices Used Are:
1 Year Treasury constant maturity weekly average for a 1 Year Review-Index: 1.970%
The bank reserves the right to change the rate and terms of mortgage programs without notice. The above products will be available for 90 days from the date a completed application is received by the bank.
Loan Origination Company Identifier #409187
Mass Housing Rates
Residential Lending Rates
Mass Housing Products
| Product Description | Minimum Down Payment | Rate | Maximum Term | Points | Annual Percentage Rate (APR) | Payments Per $1,000 |
|---|---|---|---|---|---|---|
|
Mass Housing Mortgage
|
3% | 4.250% | 30 Years | 0 | 4.382% | $4.92 |
| Mass Housing 100 | 0% | 4.375% | 30 Years | 0 | 4.508% | $4.99 |
| Mass Housing 100: No Mortgage Insurance | 0% | 5.375% | 30 Years | 0 | 5.520% | $5.60 |
|
Mass Housing Mortgage:
Operation Welcome Home
|
0% | 4.375% | 30 years | 0 | 4.508% | $4.99 |
Homeowner Septic Repair, Home Improvement, and Get the Lead Out loan programs also available. Please contact one of our mortgage lending professionals today for more information. Call now!
Maximum Income and Loan Limits apply.
Payments do not include Real Estate Taxes & Insurance. The actual payment obligation may be greater. Subject to Mass Housing Mortgage Guidelines.
The bank reserves the right to change the rate and terms of mortgage programs without notice. The above products will be available for 90 days from the date a completed application is received by the bank. Rates are effective as of the date of this post. Rates may be subject to change without notice. Please call a branch for more information.
Loan Origination Company Identifier #409187
