RATES
Current Rates Effective as of April 26, 2013 |
|
| Checking/Savings/Club Account |
Minimum Balance |
Interest Rate |
APY* |
|
$10.00 |
0.10% |
0.10% |
|
$10.00 |
0.10% |
0.10% |
|
$300.00 |
0.05% |
0.05% |
Vacation Club Account |
$10.00 |
0.50% |
0.50% |
Christmas Club Account |
$10.00 |
0.50% |
0.50% |
| *Annual Percentage Yield $10.00 minimum balance is required to earn APY |
| |
Tier |
Balance |
Interest Rate |
APY* |
1 |
$2,500- $24,999 |
0.10% |
0.10% |
2 |
$25,000-$49,999 |
0.20% |
0.20% |
3 |
$50,000 & higher |
0.25% |
0.25% |
| *Annual Percentage Yield. Minimum opening deposit $2,500.
Balance below earns NOW account rate.
Fees could reduce earnings on these accounts. Variable rate may change after account is opened. Certain other restrictions may apply. |
Certificate of Deposit (CD) ( Individual Retirement Accounts (IRAs)
|
Term |
Mimimum Balance |
Interest Rate |
APY* |
| 3 Month |
$500.00 |
0.25% |
0.25% |
| 6 Month |
$500.00 |
0.22% |
0.22% |
| 12 Month |
$500.00 |
0.40% |
0.40% |
| 18 Month |
$500.00 |
0.50% |
0.50% |
| 24 Month |
$500.00 |
0.60% |
0.60% |
| 30 Month |
$500.00 |
0.75% |
0.75% |
| 36 Month |
$500.00 |
0.90% |
0.90% |
| 48 Month |
$500.00 |
0.95% |
0.95% |
| 60 Month |
$500.00 |
1.25% |
1.25% |
| *Annual Percentage Yield.
For CDs & IRAs, rates are guaranteed for the length of the specified term. Substantial penalties may be imposed on early withdrawals. Certain other restrictions may apply. |
|
New Auto Loans* |
Vehicle Year |
Annual Percentage Rate (APR)
90% Financing |
Payment Per $1,000 |
Annual Percentage Rate (APR)
100% Financing |
Payment Per $1,000 |
Term |
2010-2011 |
5.25% |
$23.15 |
5.25% |
$23.15 |
24-48 Months |
|
6.00% |
$16.69 |
6.00% |
$16.69 |
60-72 Months |
Used Auto Loans* |
Vehicle Year |
Annual Percentage Rate (APR)
90% Financing |
Payment Per $1,000 |
Annual Percentage Rate (APR)
100% Financing |
Payment Per $1,000 |
Term |
2008 & 2009 |
5.75% |
$19.22 |
N/A |
N/A |
60 Months |
2007 |
6.00% |
$19.34 |
N/A |
N/A |
60 Months |
2006 |
6.50% |
$19.57 |
N/A |
N/A |
60 Months |
2005 |
7.25% |
$24.07 |
N/A |
N/A |
48 Months |
2004 |
9.25% |
$25.01 |
N/A |
N/A |
48 Months |
| |
|
|
Annual Percentage Rate (APR)
100% Financing |
Payment Per $1,000 |
Term |
2003 |
|
|
10.75% |
$32.62 |
36 Months |
Any Purchase and Sales agreement $40,000 or greater requires a 10% down payment.
All interest rates and information are subject to change at any time.
Your Annual Percentage Rate, Term and Approved Loan Amount may vary based on your credit
worthiness. Please ask a loan representative for details regarding how your rate is determined.
*Take an additional 0.25% discount on qualifying loan products when payments are deducted from an active Chelsea Bank checking account. |
|
CHELSEA BANK, 360 Broadway, PO Box 505687, Chelsea, MA 02150-5687
Phone: 617-884-5600 Fax: 617-884-2590 |
