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First Mortgage Rates | Home Equity Loan/Line of Credit Rates | Personal Loan Rates
Savings Rates | Certificate Rates
Effective: 09/05/08
| Fixed Rate Mortgages |
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|---|---|---|---|
| Type | Rate | Points | Annual Percentage Rate (APR)* |
| 30 Year | 5.500%* | 2.875 | 5.815% |
| 30 Year | 6.250% | 0.000 | 6.302% |
| 20 Year | 5.500% | 2.500 | 5.876% |
| 20 Year | 6.125% | 0.000 | 6.193% |
| 15 Year | 5.125% | 3.000 | 5.672% |
| 15 Year | 6.000% | 0.000 | 6.085% |
| Click Here to Calculate Your Payment | |||
| *APRs are for first mortgages on owner occupied properties up to $417,000, with a minimum down payment of 20%. The monthly principal and interest payment per $1,000, for a 30 year mortgage with a rate of 5.500% is $5.50. Rates are subject to change at any time and without notice due to frequent changes in the mortgage market. All mortgages are subject to a $360 application fee. Call our Lending Department at (215) 947-1300 for details on a wide variety of additional rates and terms, including adjustable rate (ARM) and Jumbo mortgages. The APR is calculated on a $180,000 loan with 15 days interest. | |||
| Pennsylvania Housing Finance Agency (PHFA) First Time Home Buyer - Keystone Home Loan Program |
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|---|---|---|---|
| Type | Rate | Points | Annual Percentage Rate (APR)* |
| Existing Home or New Construction | 6.750%* | 0.000 | 6.866% |
| Existing Home or New Construction | 6.375% | 1.000 | 6.586% |
| Click Here to Calculate Your Payment | |||
| *APRs shown are for first mortgages on owner occupied properties with a 20% down payment. The monthly principal and interest payment per $1,000, for a 30 year mortgage with a rate of 6.750%, is $6.49. Rates are subject to change at any time without notice due to frequent changes in the mortgage market. All mortgages are subject to a $360 application fee. Certain PHFA restrictions apply. Contact our Lending Department at (215) 947-1300 for complete details. The APR is calculated on a $100,000 loan with 15 days interest. | |||
| Fixed Rate Home Equity Loans |
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|---|---|---|---|
| Type | Up to 80% CLTV APR* | 80.01% - 90% CLTV APR* | |
| 5 Year | 5.49%* | 6.50% | |
| 7 Year | 5.74% | 6.75% | |
| 10 Year | 6.24% | 7.25% | |
| 15 Year | 6.49% | 7.50% | |
| 20 Year | 6.99% | 8.00% | |
| Click Here to Calculate Your Payment | |||
| *APRs shown assume automatic payment from an HVB checking, savings or money market account. Add 0.50% without automatic payment and 0.25% for loans on second homes. The monthly principal and interest payment per $1,000 borrowed, for a 60 month home equity loan with an APR of 5.49%, is $19.10. Minimum loan amount is $7,500 to a maximum of $200,000 for first and second lien positions only. Restrictions apply for combined loan-to-value (CLTV) ratios over 80%. Contact our Lending Department at (215) 947-1300 for complete details. | |||
| Home Equity Lines of Credit |
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|---|---|---|---|
| Up to 80% CLTV APR* | |||
| WSJ Prime - 0.25% | |||
| The Home Equity Line is a variable rate line of credit based on the Prime Rate, as published in the Wall Street Journal, incorporating the margins shown above, and subject to change. The minimum APR is 4.25% and the maximum APR is 18%. *APRs shown are effective as of the posted date, assume automatic payment from an HVB checking, savings or money market account. Add 0.25% without automatic payment and 0.25% for loans on second homes. Minimum line amount is $7,500 to a maximum of $100,000 for first and second lien positions only. Contact our Lending Department at (215) 947-1300 for complete details. | |||
| Personal Loans (Fixed Rate) |
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|---|---|---|---|
| Type | Rate | Annual Percentage Rate (APR) |
|
| 24-36 Month | 7.99%* | 7.99% | |
| 37-60 Month | 8.99%* | 8.99% | |
| Click Here to Calculate Your Payment | |||
| *APRs shown assume automatic payment from an HVB checking, savings or money market account. Add 0.50% without automatic payment. The monthly principal and interest payment per $1,000 borrowed, for a 60 month personal loan with an APR of 8.99%, is $20.75. Minimum loan amount is $2,500 to a maximum of $10,000. Contact our Lending Department at (215) 947-1300 for compete details. | |||
| Type | Index + Margin | Current Rate | |
| 60 Month LOC | WSJ Prime + 4.99% | 9.99% | |
| The personal line of credit is a variable rate line of credit based on the Prime Rate, as published in the Wall Street Journal, and subject to change. The minimum APR is 4.25% and the maximum APR is 18.00%. APRs shown are effective as of the posted date, and assume automatic payment from an HVB checking, savings or money market account. Add 0.50% without automatic payment. Minimum line amount is $2,500 to a maximum of $10,000. Contact our Lending Department at (215) 947-1300 for complete details. | |||
Effective: 8/14/08
| Savings Accounts |
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|---|---|---|---|---|---|
| Type or Term of Account | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to Obtain APY | Minimum Balance to Avoid Monthly Fee |
| Passbook | 0.25% | 0.25% | 1.00 | 50.00 | N/A |
| Club Accounts | 0.25% | 0.25% | 1.00 | 1.00 | N/A |
| Statement Savings | 0.25% | 0.25% | 1.00 | 250.00 | 250.00 |
| Statement Savings | 0.25% | 0.25% | 1.00 | 2,500.00 | 250.00 |
| Statement Savings | 0.25% | 0.25% | 1.00 | 5,000.00 | 250.00 |
| Statement Savings | 0.25% | 0.25% | 1.00 | 10,000.00 | 250.00 |
| Statement Savings | 0.25% | 0.25% | 1.00 | 25,000.00 | 250.00 |
| Statement Savings | 0.25% | 0.25% | 1.00 | 50,000.00 | 250.00 |
| Statement Savings | 0.50% | 0.50% | 1.00 | 100,000.00 | 250.00 |
| Account Terms - Your interest rate and Annual Percentage Yield may change at any time at our discretion. |
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| - Interest is compounded daily on Passbooks and Clubs, and monthly Statement Savings. | |||||
| - Crediting is quarterly on Passbooks, monthly on Statement Savings and annually on Clubs as of the distribution date. No withdrawals permitted on Clubs. No interest will be paid if Club is closed early. | |||||
| - $2.50 fee per month if Statement Savings balance falls below Minimum Balance to Avoid Monthly Fee. | |||||
| - Overdraft and telephone transfers are limited to six (6) per month. | |||||
| Checking Accounts |
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|---|---|---|---|---|---|
| Type or Term of Account | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to Obtain APY | Minimum Balance to Avoid Monthly Fee |
| Freedom Checking | N/A | N/A | 1.00 | N/A | N/A |
| Interest Checking | 0.10% | 0.10% | 1.00 | 300.00 | 300.00 |
| Independence Checking | 0.25% | 0.25% | 1,000.00 | 2,500.00 | 2,500.00 |
| Independence 50 Checking | 0.25% | 0.25% | 500.00 | 2,500.00 | 500.00 |
| The rates and APYs (Annual Percentage Yields) shown are effective as of the posted date and are subject to change without notice. Interest is compounded and credited monthly on the last day of the statement period. Accounts with balances falling under the stated minimum in any month are subject to a $10 service fee ($15 for Independence (under age 50) Checking). Freedom Checking does not require a minimum balance; however, if the account has no activity for one year and the balance is below $300, a $5.00 monthly inactivity fee will be charged until the account is closed. The Freedom Checking earns interest when the balance exceeds $50,000. | |||||
| Money Market Accounts |
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|---|---|---|---|---|---|
| Type or Term of Account | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to Obtain APY | Minimum Balance to Avoid Monthly Fee |
| Money Market - Trunc | 0.25% | 0.25% | 1,000.00 | 1,000.00 | 1,000.00 |
| Money Market - Trunc | 0.25% | 0.25% | 1,000.00 | 2,500.00 | 1,000.00 |
| Account Terms - Your interest rate and Annual Percentage Yield may change at any time at our discretion. |
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| - Interest is compounded and credited monthly on the last day of the statement period. | |||||
| - $10.00 monthly service fee if balance falls below Minimum Balance to Avoid Monthly Fee. | |||||
| - You may make only six (6) transfer/withdrawals per statement cycle and only three (3) of these may be payments by check, draft, debit card or similar order to third parties. These limits do not include transactions made in person, by mail, by messenger, or by ATM, loan repayments to us, or requests by telephone for checks to be mailed to you. | |||||
| Certificates of Deposit: Regular Accounts or IRAs |
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|---|---|---|---|---|---|
| Type or Term of Account | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to Obtain APY | Minimum Balance to Avoid Monthly Fee |
| 91 Day | 1.74% | 1.75% | 500.00 | 500.00 | N/A |
| 182 Day | 1.99% | 2.00% | 500.00 | 500.00 | N/A |
| 9 Month | 2.25% | 2.27% | 500.00 | 500.00 | N/A |
| 1 Year | 2.13% | 2.15% | 500.00 | 500.00 | N/A |
| 18 Month | 3.21% | 3.25% | 500.00 | 500.00 | N/A |
| 2 Year | 3.21% | 3.25% | 500.00 | 500.00 | N/A |
| 27 Month | 3.46% | 3.50% | 500.00 | 500.00 | N/A |
| 2 1/2 Year | 2.98% | 3.00% | 500.00 | 500.00 | N/A |
| 3 Year | 3.70% | 3.75% | 500.00 | 500.00 | N/A |
| 4 Year | 3.80% | 3.85% | 500.00 | 500.00 | N/A |
| 5 Year | 3.94% | 4.00% | 500.00 | 500.00 | N/A |
| 6-9 Year | 3.21% | 3.25% | 500.00 | 500.00 | N/A |
| 10 Year | 3.21% | 3.25% | 500.00 | 500.00 | N/A |
| Account Terms - The interest rate for your account will be paid until the maturity date. |
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| - Interest is compounded and credited quarterly, except on 91Day & 182Day CDs it is at maturity. | |||||
| - This account will automatically renew at maturity. You will have ten (10) calendar days from maturity, maturity date being day 1, to withdraw funds without being charged a penalty. | |||||
| - After the account is opened, you may not make deposits into or withdrawals of principal from this account until the maturity date. | |||||
| - The Annual Percentage Yield assumes interest remains on deposit until maturity. A withdrawal of interest credited during the term will reduce earnings. | |||||
| - If any of the deposit is withdrawn before the maturity date, a penalty as shown below will be imposed: | |||||
| 91 Day CD - Greater of 30 days interest or all interest earned. 182 Day CD - Greater of 90 days interest or all interest earned. 9 Month CD and 1 Year CD - 90 Days Interest. CDs with terms Greater Than 1 Year - 180 days interest. |
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| For IRAs Only |
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|---|---|---|---|---|---|
| Type or Term of Account | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to Obtain APY | Minimum Balance to Avoid Monthly Fee |
| 18 Month Variable | 2.89% | 2.92% | 250.00 | 250.00 | N/A |
| Account Terms - The interest rate and Annual Percentage Yield will change quarterly to be the most recent quarterly average of the interest rate by this Association on new 182 Day Certificates. |
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| - Interest is compounded and credited quarterly. | |||||
| - This account will automatically renew at maturity. You will have ten (10) calendar days from maturity, maturity date being day 1, to withdrawal without being charged a penalty. | |||||
| - Deposits of $25 or more may be made to this account at any time. No withdrawals of principal are allowed. The penalty for early withdrawal of principal is 180 days interest. | |||||
FOR ALL ACCOUNTS
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Complete information regarding all deposit accounts may be obtained from a new accounts representative.
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On ALL deposits, interest accrues from business day of deposit.
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We use the daily balance method for minimum balance requirements and to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
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We reserve the right to require 7 days written notice prior to withdrawals or transfers of funds.
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For accounts with balances under $50, and no activity for three (3) years, a fee of $5.00 per year will be charged until the account is closed.
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RATES OFFERED ARE SUBJECT TO CHANGE AT ANY TIME. Please call (215) 947-1300 to obtain current rate information.
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Fees could reduce earnings on interest bearing accounts.
