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Rates
Last Updated:
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| Deposit Products |
Interest Rates |
Annual Percentage Yield |
| Traditional Money Market Accounts |
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$0 - $2,499 |
.25% |
.25% |
$2,500 - $9,999 |
1.00% |
1.01% |
$10,000 - $49,999 |
1.25% |
1.26% |
$50,000 or more |
1.50% |
1.51% |
| Ultimate Money Market Accounts |
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$100,000 or more |
2.75% |
2.78%* |
$50,000 - $99,999 |
2.25% |
2.27%* |
$0 - $49,999 |
.25% |
.25% |
| Easy Access Interest Checking Accounts |
.25% |
.25% |
| Easy Access Savings |
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$0 - $9,999 |
.50% |
.50% |
$10,000 - $49,999 |
.75% |
.75% |
$50,000 & up |
1.00% |
1.01% |
| Passbook Savings Accounts |
.50% |
.50% |
| Christmas Club Accounts |
1.00% Simple Interest |
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| Effective Date:05/13/08 |
| Please note that rates and programs are subject to change without notice. Please also note that fees could reduce earnings on an account. |
| *The Annual Percentage Yield (APY) is based on an average daily balance of $50,000 or more, or $100,000 or more. For balances less than $50,000.00 an APY of .25% applies. Rates are subject to change at any time without notice. Certain transaction limits apply. Minimum deposit required for account opening is $50,000.00. This account offer may expire without notice. |
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| Certificates of Deposit** |
Minimum |
Interest Rates |
Annual Percentage Yield |
| 182 Day |
$2500 min. |
2.75% Simple Interest |
2.77% |
| 182 Day |
$50,000 min. |
3.00% Simple Interest |
3.02% |
| 9 Month |
$2500 min. |
2.75% Simple Interest |
2.76% |
| 12 Month |
$1000 min. |
2.75%* |
2.78% |
| 15 Month |
$1000 min. |
2.75%* |
2.78% |
| 2 Year |
$1000 min. |
3.25%* |
3.30% |
| 3 Year |
$1000 min. |
3.25%* |
3.30% |
| 4 Year |
$1000 min. |
3.25%* |
3.30% |
| * Compounded Monthly |
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| Effective Date: 05/13/08 |
| **Please note that a penalty for early withdrawal may be imposed. Also, the rates on all accounts except fixed rate CD's are variable and may change after the account is opened. |
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| Loan Products |
Rates |
Maximum Term |
Annual Percentage Rate |
Payment per $1000 |
Max. Loan to Value |
| EQUITY PLUS |
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| Revolving Line of Credit* |
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| $50,000 and over |
5.50%* |
10 year draw |
5.50% |
$10.85 |
80% |
| $10,000-$49,999 |
5.75%* |
10 year draw |
5.75% |
$10.97 |
80% |
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*Floor: 5.50% |
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| Fixed/Lock-In Portion** |
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| $10,000 or more |
6.00%** |
120 months |
6.00% |
$11.10 |
80% |
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**Floor: 6.00% |
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| Automobile (New) |
6.49% |
48 mos. |
6.49% |
$23.71 |
80% |
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7.49% |
60 mos. |
7.49% |
$20.03 |
80% |
| Automobile (Used) |
9.00% |
48 mos. |
9.00% |
$24.88 |
80% |
| Check Reserve * |
15.00% |
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15.00% |
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| Personal Unsecured |
11.5% - 14% |
48 mos. |
11.5% - 14% |
$26.08 |
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| Passbook/CD |
2% over Passbook/CD Rate |
- |
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| MasterCard* |
11.25% |
WSJ Prime+6 |
11.25% |
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| Current WSJ Prime |
5.00% |
- |
5.00% |
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| Effective Date: 05/13/08 |
| Equity and Installment Loan rates include a reduction for an automatic payment withdrawal from a Rockport National Bank account. For non-account holders a higher rate will apply. Please note that rates and programs are subject to change without notice. *The annual percentage rate may be increased after consumation. **The minimum Lock-In amount is $10,000; payments must be automatically withdrawn from an RNB account. For additional information, please contact Customer Service at 978 546-4311. Please consult a tax advisor regarding the deductibility of interest paid on s Home Equity Line of Credit. |
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| Residential Mortgages |
Rate |
Points |
Max. Loan to Value |
Annual Percentage Rate |
Payment per $1000 |
| 1-4 family, Owner Occupied |
| Fixed Rate 30 year |
6.250% |
0.00 |
80% |
6.250% |
$6.16 |
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| Fixed Rate 15 year |
*5.875% |
0.00 |
80% |
5.875% |
$8.38 |
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| Fixed Rate 10 year |
*5.750% |
0.00 |
80% |
5.750% |
$10.97 |
| Please call our Mortgage Specialist at 978 546-3411 for rate quotes on our point options. |
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| Mass Housing First Time Homebuyer Program** (Income Restrictions Apply) |
| Fixed Rate 30 year |
6.125% |
0.00 |
97% |
6.125% |
$6.08 |
| Jumbo Mortgages |
| Fixed Rate 15 year |
*6.125% |
0.00 |
80% |
6.125% |
$8.51 |
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| Effective Date:05/13/08 |
| * Rate shown includes a rate reduction of .25% for an automatic payment withdrawal from a Rockport National Bank account. For non-account holders a higher rate will apply. |
| Please note that rates and programs are subject to change without notice. |
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| Adjustable Rate Mortgages |
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| Please contact our Mortgage Specialists at 978-546-3411 or via email at mburke@rockportnational.com for rates, terms, and conditions. |
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| **Mass Housing First Time Homebuyer Program - A 60 day lock applies to the Annual Percentage Rate disclosed. For more information about the program, please call one of our Mortgage Specialists. |
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