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RATES

Current Rates Effective as of April 26, 2013

Deposit Accounts

Checking/Savings/Club Account Minimum Balance
Interest Rate
APY*
Passbook Savings
$10.00
0.10%
0.10%
Statement Savings
$10.00
0.10%
0.10%
N.O.W. Checking
$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
Money Market Accounts
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.
Auto Loan Rates
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