Rates effective May 17, 2008

Click on the links below to find out more about Sugar River Bank rates.
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Deposit Rates
Deposit Rates
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Account Description Minimum Balance Interest Rate APY*
Interest Checking
$1.00 .10% .10%
Money Markets
$100.00 0 0
$600.00 .10% .10%
$1,000.00 .65% .65%
$50,000.00 .75% .75%
$100,000.00 1.01% 1.01%
$250,000.00 2.01% 2.01%
Statement Savings
$100.00 .55% .55%
$600.00 .55% .55%
$1,000.00 .55% .55%
$10,000.00 .55% .55%
$50,000.00 .55% .55%
$100,000.00 .55% .55%
High Yield Savings
$50,000.00 1.75% 1.76%
$100,000.00 2.01% 2.03%
$250,000.00 2.50% 2.53%

Monthly Statement Accounts: Interest is Accrued Daily and Paid Monthly on all Statement Accounts. *Annual Percentage Yield (APY) is achieved if principal and interest accumulate at the original rate for one year. Fees may reduce earnings. Minimum balance required to obtain APY. Rates are variable and may change after the account is opened.
Certificates of Deposit
Certificates of Deposit
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Minimum Deposit to Open Term Interest Rate APY* Additional Deposit Minimum
$500.00
6 months 2.49% 2.51% $500
$500.00
1 Year 2.55% 2.58% $500
$500.00
2 Years 2.63% 2.66% $500
$500.00
3 Years 2.75% 2.78% $500
$500.00
4 Years 3.07% 3.11% $500
$500.00
5 Years 3.35% 3.40% $500
$500.00
Special 11 Months 2.81% 2.81% $500
$10,000.00
Special 11 Months 2.81% 2.81% $500
$500.00
30 Months 2.75% 2.78% $500
$ 15,000.00
30 Months 2.75% 2.78% $500

CDs: Interest is not compounded on CDs under 1 year. Over 1 Year interest is Compounded Monthly.

A penalty for early withdrawal on Certificates of Deposit may be imposed.

Special CD Terms: Substantial penalty for early withdrawal. Non Renewable.

  • All Rates are subject to change without notice.
  • Please verify rates by calling your nearest branch office.
  • Penalties may reduce earnings.
  • Minimum balance required to obtain APY.
  • Monthly interest may be transferred to any Statement account.
  • Interest checks are available from CD's with balances in excess of $10,000.

*Annual Percentage Yield ( APY) is achieved if principal and interest accumulate at the original rate for one year.
Retirement Plan Certificates of Deposit
Retirement Plan Certificates of Deposit
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Minimum Deposit to Open Term Interest Rate APY* Additional Deposit Minimum
$10.00
18 Month Variable 1.05% 1.05% $10
$100.00
1 Year 2.55% 2.58% $10
$500.00
2 Years 2.63% 2.66% $500
$500.00
3 Years 3.01% 3.05% $500
$500.00
4 Years 3.07% 3.11% $500
$500.00
5 Years 3.35% 3.40% $500

A penalty for early withdrawal on Certificates of Deposit may be imposed.

  • Penalties may reduce earnings.
  • Minimum balance required to obtain APY.

* Annual Percentage Yield ( APY) is achieved if principal and interest accumulate at the original rate for one year.
Adjustable Rate Mortgage Loans (ARM)
Adjustable Rate Mortgage Loans (ARM)
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Mortage Loan Information / Adjustable / Construction / First Time Homebuyers

Type Down Payment Rate APR* CAPS Payment Per $1,000
1 Year ARM
20.00% 4.750% 4.723% 2/6 $5.22
3/1 Year ARM
20.00% 4.875% 4.868% 2/6 $5.29
3/3 Year ARM
20.00% 5.250% 5.246% 2/6 $5.52
5/1 Year ARM
20.00% 5.500% 5.423% 2/6 $5.68
7/1 Year ARM
20.00% 5.750% 5.781% 2/6 $5.84
Land - 1 Year ARM
30.00% 9.250% 10.306% 2/6 $10.29
Land - 3/1 Year Convertible
30.00% 9.750% 10.254% 2/6 $10.59
Construction Loans (9 Months)
% 7.000% 12.165% Rate During Construction Varies with Down Payment
FHA / VA Loans
Call for Rates Call for Rates Call for Rates Call for Rates Varies based on Rates
NHHFA Loans **
5.525 / 6.172% 2 Pts. 6.025 / 6.588% 0 Pts. 6.625 / 7.21% 0Pts+Grant Call for Information Varies based on Rates

Private Mortgage Insurance (PMI) is not available with Land Loans.

*Annual Percentage Rate (APR) based on $50,000 with 15 year term for Land Loans and $100,000, 30 year term for all other Loans.

**NHHFA APR based on 30 year term, 95% LTV including PMI.
Fixed Rate Mortgage Loans
Fixed Rate Mortgage Loans
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Description Points Down Payment Rate APR* Payment Per $1,000
15 Year Fixed
0 20.00% 5.875% 5.972% $8.37
15 Year Fixed
1 20.00% 5.500% 5.752% $8.17
15 Year Fixed
2 20.00% 5.250% 5.658% $8.04
20 Year Fixed
0 20.00% 6.125% 6.203% $7.24
20 Year Fixed
1 20.00% 5.875% 6.078% $7.09
20 Year Fixed
2 20.00% 5.625% 5.952% $6.95
30 Year Fixed
0 20.00% 6.250% 6.309% $6.16
30 Year Fixed
1 20.00% 6.000% 6.153% $6.00
30 Year Fixed
2 20.00% 5.750% 5.996% $5.84

Loans with a LTV greater than 80% require Private Mortgage Insurance (PMI).

* Annual Percentage Rate (APR) based on $ 100,000.
Home Equity Loans
Home Equity Loans
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Type Rate APR Conditions Payment Per $1,000
Home Equity LOC*
5.99% 5.99% + Maximum LTV 80% $10.55
Fixed Rate Home Equity**
6.75% 6.75%++ Maximum LTV 80% $11.48

* No Closing Costs with a $5,000 disbursement in new indebtedness to SRB.

** No Closing Costs with a $10,000 disbursement in new indebtedness to SRB.

+ Annual Percentage Rate (APR) for first 12 months then APR adjusts
quarterly at the prime rate.

++ APR for Fixed Rate Home Equity Loan based on 10 Year Term with no fees.
Mobile Home Loans
Mobile Home Loans
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Mobile Homes / New / Used / New in Park / Used in Park

Type Down Payment Rate APR* CAPS Term Payment Per $1,000
New or Used on Land - 1 Yr ARM
20.00% 9.00% 8.848% 2 / 6 240 Months $9.00
New or Used on Land - 3 Yr ARM
20.00% 9.50% 9.408% 2 / 6 240 Months $9.32
New or Used on Land - 5 Yr ARM
20.00% 10.00% 9.956% 2 / 6 240 Months $9.65
New in Park - 3 Yr ARM
20.00% 9.25% 9.188% 2 / 6 180 Months $10.29
New in Park - 5 Yr ARM
20.00% 10.00% 9.994% 2 / 6 180 Months $10.75
Used in Park- 3 Yr ARM
20.00% 10.00% 10.005% 2 / 6 120 Months $13.22
Used in Park - 5 Yr ARM
20.00% 10.50% 10.566% 2 / 6 120 Months $13.49

*Annual Percentage Rate (APR) based on $75,000 Plus Fees.

Processing Fee - $350.00. Contact your Loan Officer for other Term Options
Automobile Loans
Automobile Loans
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Rates are based on automatic payment - add .50% for manual payment.

Automobile Down Payment Rate APR* Term Payment Per $1,000 Fee**
2008/2007-New
0.00% 5.890% 5.890% 36 Months $30.37 N/A
2008/2007-New
0.00% 5.890% 5.890% 48 Months $23.44 N/A
2008/2007-New
10.00% 6.790% 6.790% 60 Months $19.70 N/A
2008/2007-New
10.00% 6.990% 6.990% 72 Months $17.04 N/A
2007/2006 - Used
15.00% 6.490% 6.738% 36 Months $30.64 $55
2007/2006 - Used
15.00% 6.890% 7.080% 48 Months $23.90 $55
2005- Used
15.00% 6.990% 7.239% 36 Months $30.87 $55
2005- Used
15.00%