Rates subject to change without notice.
A Penalty Will Be Imposed for Early Withdrawal.
Stated minimum opening balance is required to obtain APY on all deposit accounts.
Account Type
Minimum
Opening
Balance
Interest
Rate
Annual
Percentage
Yield
Partners
Plus
Interest
Rate
Partners
Plus
APY
6 Month CD*
$500
1.98%
2.00%
2.22%
2.25%
9 Month CD*
$500
2.71%
2.75%
2.96%
3.00%
1 Year CD*
$500
1.98%
2.00%
2.22%
2.25%
13 Month CD*
$500
2.96%
3.00%
3.20%
3.25%
18 Month CD*
$500
2.47%
2.50%
2.71%
2.75%
18 Month Variable Rate IRA CD*
$500
2.43%
2.46%
2.43%
2.46%
2 Year CD*
$500
2.52%
2.55%
2.76%
2.80%
3 Year CD*
$500
3.92%
4.00%
3.92%
4.00%
4 Year CD*
$500
3.10%
3.15%
3.34%
3.40%
5 Year CD*
$500
3.10%
3.15%
3.34%
3.40%
*Also available for IRAs with $500 minimum. IRA Savings Accounts are available with less than $500 deposit.
Regular, Roth and Education IRAs available.
At maturity, the 9 and 13 month certificates of deposit will automatically renew into a 12 month certificate of deposit, paying the prevailing 12 month APY, unless otherwise notified. For more information, contact an Androscoggin Bank representative.
Deposit Rates
Effective July 02, 2008
Rates subject to change without notice once the account has been opened. Fees may reduce earnings.
Stated minimum opening balance is required to obtain APY on all deposit accounts.
Account Type
Account Name
Tier
Minimum
Opening
Balance
Simple
Interest
Rate
Annual
Percentage
Yield
Checking Accounts
Partners Plus Checking
$0.00
.10%
.10%
Community NOW (non-profits)
$0.00
.10%
.10%
Savings Accounts
Basic Savings
Tier 1
$0.00 - $9,999.99
0.25%
0.25%
Tier 2
$10,000.00
0.25%
0.25%
Tier 3
$20,000.00
0.50%
0.50%
Tier 4
$50,000.00
.99%
1.00%
Partners Savings*
Tier 1
$0.00 -
$4,999.99
0.25%
0.25%
Tier 2
$5,000 -
$24,999.99
1.00%
1.00%
Tier 3
$25,000 -
$49,999.99
2.08%
2.10%
Tier 4
$50,000 -
$74,999.99
2.18%
2.20%
Tier 5
$75,000 -
$99,999.99
2.27%
2.30%
Tier 6
$100,000 PLUS
2.57%
2.60%
Business Partners Savings*
Tier 1
$0.00 -
$4,999.99
0.25%
0.25%
Tier 2
$5,000 -
$24,999.99
1.00%
1.00%
Tier 3
$25,000 -
$49,999.99
1.74%
1.75%
Tier 4
$50,000 -
$74,999.99
1.88%
1.90%
Tier 5
$75,000 -
$99,999.99
1.98%
2.00%
Tier 6
$100,000 PLUS
2.27%
2.30%
Money Market Account
Tier 1
$0.00 -
$4,999.99
0.25%
0.25%
Tier 2
$5,000 -
$24,999.99
0.25%
0.25%
Tier 3
$25,000 -
$49,999.99
1.24%
1.25%
Tier 4
$50,000 -
$74,999.99
1.74%
1.75%
Tier 5
$75,000 -
$99,999.99
1.98%
2.00%
Tier 6
$100,000 PLUS
2.23%
2.25%
Business Money Market Account
Tier 1
$0.00 -
$4,999.99
0.25%
0.25%
Tier 2
$5,000 -
$24,999.99
0.25%
0.25%
Tier 3
$25,000 -
$49,999.99
1.00%
1.00%
Tier 4
$50,000 -
$74,999.99
1.49%
1.50%
Tier 5
$75,000 -
$99,999.99
1.74%
1.75%
Tier 6
$100,000 PLUS
1.98%
2.00%
Club Accounts**
$0.00
0.25%
0.25%
Health Savings Account
Tier 1
$0.00 -
$4,999.99
2.57%
2.60%
Tier 2
$5,0000.00 PLUS
2.57%
2.60%
* A qualifying checking relationship is required to open this account.
**2008 Christmas Club Accounts mature on 10/03/2008.
Home Equity Line of Credit Rates
Effective July 02, 2008
Equity Option
Max LTV**
Rate
APR*
Payment
5 Years Fixed/10 Years Variable Home Equity
85%
6.00% Fixed for the first 5 Years then Prime Minus .250% Adjusted Monthly
6.00%
Interest Only for the first 5/10 years then 1.5% of the outstanding balance.
Interest Only/Variable Home Equity
80%
Prime Minus .500% Adjusted Monthly
4.50%
Interest Only for the first 5/10 years then 1.5% of the outstanding balance.
*APR = ANNUAL PERCENTAGE RATE. Maximum APR is 18%. Effective 05/01/08 New York Prime Rate is 5.00%.
**LTV is Loan to Value - what you can borrow against the assessed value of your property.
* APR = ANNUAL PERCENTAGE RATE. Maximum APR is 18%. Effective 05/01/08 New York Prime Rate is 5.00%
** LTV = LOAN TO VALUE. Combined LTV for Second Mortgage not to exceed 100% (includes first mortgage)
***Payment based on maximum term ****Interest Only Product
#1 Processing fee assessed $150.00
#2 Processing fee assessed $40.00
#3 LTV Based on Purchase Price or Collateral Value, whichever is less