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Rates
Mortgage | Home Equity Loans |
Home Equity Line of
Credit | Standard CD and IRA |
Checking & Savings
Effective as of: MAY 07,2008
Mortgage Rates
|
| Product Type |
Points |
Interest Rates |
Annual Percentage Rates (APR) |
| 10 Year 20% Down- (Payment is $10.73 per $1,000) |
0 |
5.250% |
5.400% |
| 15 Year 20% Down- (Payment is $8.17 per $1,000) |
0 |
5.500% |
5.610% |
| 20 Year 20% Down- (Payment is $7.09 per $1,000) |
0 |
5.875% |
5.970% |
| 30 Year 20% Down- (Payment is $6.08 per $1,000) |
0 |
6.125% |
6.198% |
| 30 Year First Time Buyer- (Payment is $5.92 per $1,000) |
0 |
5.875% |
5.940% |
| 30 Year Biweekly- (Payment is $6.08 per $1,000) |
0 |
6.125% |
6.198% |
| We offer JUMBO Mortgage Rates. Please call for the current rate |
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Home Equity Loans (1st Lien Position)
|
| Rate Term |
Interest Rate |
Annual Percentage Rate (APR) |
|
| 5 Year- (Payment is $19.16 per $1,000) |
5.625% |
5.625% |
|
| 10 Year- (Payment is $11.04 per $1,000) |
5.875% |
5.875% |
|
| 15 Year- (Payment is $8.44 per $1,000) |
6.000% |
6.000% |
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| 20 Year- (Payment is $7.31 per $1,000) |
6.250% |
6.250% |
|
| 25 Year-(Payment is $6.75 per $1,000) |
6.500% |
6.500% |
|
| DEDUCT 1/4% FROM THESE RATES IF THE MONTHLY PAYMENT IS DEBITED FROM A FS&L ACCOUNT |
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Home Equity Loans (2nd Lien Position)
|
| Rate Term |
Interest Rate |
Annual Percentage Rate (APR) |
|
| 5 Year- (Payment is $19.39 per $1,000) |
6.125% |
6.125% |
|
| 10 Year- (Payment is $11.29 per $1,000) |
6.375% |
6.375% |
|
| 15 Year- (Payment is $8.71 per $1,000) |
6.500% |
6.500% |
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| 20 Year- (Payment is $7.60 per $1,000) |
6.750% |
6.750% |
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| 25 Year- (Payment is $7.07 per $1,000) |
7.000% |
7.000% |
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| DEDUCT 1/4% FROM THESE RATES IF THE MONTHLY PAYMENT IS DEBITED FROM A FS&L ACCOUNT |
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Home Equity Line of Credit
|
| Rate Term |
|
Annual Percentage Rate (APR) |
|
| Variable Rate (PRIME RATE 5.00%PLUS 1.00%) |
|
6.00% |
|
| 15 or 20 Year Repayment Term |
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Standard CD and IRA Rates
|
| Certificate of Deposit (CD) Description |
Minimum Deposit to Open Account |
Interest Rate |
Annual Percentage Yield (APY) |
| 91 Day CD |
$500.00 |
1.980% |
2.00% |
| 6 Months CD |
$500.00 |
2.469% |
2.50% |
| 8 Months CD |
$500.00 |
2.469% |
2.50% |
| 1 Year CD |
$500.00 |
2.469% |
2.50% |
| 13 Month CD |
$500.00 |
2.469% |
2.50% |
| 15 Months CD |
$500.00 |
2.713% |
2.75% |
| 18 Months CD |
$500.00 |
2.713% |
2.75% |
| 24 Months CD |
$500.00 |
2.762% |
2.80% |
| 30 Months CD |
$500.00 |
2.762% |
2.80% |
| 4 Year CD |
$500.00 |
3.053% |
3.10% |
| 5 Year CD |
$500.00 |
3.053% |
3.10% |
Minimum deposit required to obtain the annual percentage yield.
Interest is compounded daily and credited monthly. Rates subject to
change without notice. A penalty may be imposed for premature
withdrawal.
Checking & Savings Rates
|
| Product |
Minimum Deposit to Open Account |
Interest Rate |
Annual Percentage Yield (APY) |
| Passbook Savings |
$10 |
0.747% |
0.75% |
| Statement Savings |
$10 |
0.747% |
0.75% |
| NOW Checking |
$100 |
00.250 |
00.250 |
| Business Checking |
$1 |
0% |
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| NJ ConsumerChecking |
$50 |
0% |
|
| MMDA $1,000-$24,999 |
$1,000 |
1.143% |
1.150% |
| MMDA $25,000-$99,999 |
$1,000 |
1.390% |
1.400% |
| MMDA $100,000 Plus |
$1,000 |
1.489% |
1.500% |
Minimum opening deposit and minimum balance to earn
annual percentage yield. Rates subject to change without notice.
Interest rates and APYs on checking and savings accounts are
variable and are subject to change at managements' discretion.
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