Our Current Rates

Savings Rates

Certificates of Deposit Annual Percentage Yield 
(Accurate as of 07/08/2021)

CD TypeMin BalRateAPYCompounding
91-day$500.000.05%0.05% No
6 Month$500.000.10%0.10%No
12 Month$500.000.15%0.15%Quarterly
18 Month$500.000.20%0.20%No
24 Month$500.000.25% 0.25%Quarterly
30 Month$500.000.25%0.25%No
36 Month$500.000.25%0.25%Quarterly
Trad IRA (18 month)$50.000.20%0.20%Quarterly
Roth IRA (60 month)$50.000.50%0.50%Quarterly
  • All Rates are subject to change. Rates listed above may not be current. Please contact us for the most recent rates.
  • Additional CD options may be available, please stop in for more details.
  • A penalty may be imposed for early withdrawal.
  • Please contact us for more information about the terms applicable for these accounts.
  • For non-compounding CD’s with maturities greater than 1 year, interest cannot remain on deposit and payout of interest is mandatory. Interest can be compounded, may be paid by check or transfer to a new or existing savings account.

    NOTE: APY = Annual Percentage Yield

Savings Interest Rates and APY’s
(Accurate as of 07/08/2021)

 Min. BalanceRateAPY
Passbook Savings$100.000.05%0.05% 
  • Minimum balance to open an account is $100.00.
  • A minimum average daily balance of $100 is required to obtain the disclosed annual percentage yield. 
  • A service charge fee of $5.00 will be imposed every quarterly statement cycle unless you maintain a minimum average daily balance of $100.00 for the quarterly statement cycle.
  • The following fees and charges may also apply:
    • Dormant Account Fee:  a formant account fee of $5.00 per month will be charged after 5 years of inactivity. 
    • Early Closing Fee:  a feww of $5.00 is imposed on any account that is closed within the first 90 days.
  • Passbook Savings rates are compounded quarterly.
  • Passbook Savings Account rate may change after the account is opened.
NOTE: APY = Annual Percentage Yield

Mortgage Rates

Fixed Rate Mortgage Rates
(Accurate as of 07/08/2021)

TermTerm RatePointsApp Fee
Up to 15 year term3.95%0 pts$150.00
16-25 year term4.250%0 pts$150.00
26-30 year term4.750%0 pts$150.00
 
  • FIXED RATES BASED ON $100,000.00 FOR 15, 20, 25 or 30 YEAR TERM AS SHOWN.
  • The above shown APR is based on a $100,000.00 conventional mortgage loan with a 20% down payment.
  • Equitable Savings and Loan may be able to offer you a lower rate if you choose to pay points.
  • Non-owner occupied mortgage loans are available at +1% over the rates shown.
  • Equitable Savings and Loan may assign, sell, or transfer the servicing of mortgage loans. Equitable Savings and Loan is able to service these mortgage loans. For all the first lien mortgage loans to be made in the next 12 months, it is estimated that 0% of such loans will be assigned, sold or transferred. No loans have been assigned , sold, or transferred in the previous three years.
  • RESIDENTIAL LOANS WITH LESS THAN 20% DOWN WILL REQUIRE PRIVATE MORTGAGE INSURANCE.
  • NORMAL CLOSING COSTS:  APPLICATION FEE, FLOOD DETERMINATION FEE, APPRAISAL FEE, CREDIT REPORT FEE, TITLE EXAMINATION, INSPECTION FEES FOR PROPERTY IMPROVEMENT, RECORDING FEES, PRIVATE MORTGAGE INSURANCE ON OVER 80% LOANS, PEST INSPECTION ON PURCHASE MONEY TRANSACTIONS.
NOTE: APR = Annual Percentage Rate

Adjustable Rate Mortgage Rates
(Accurate as of 07/08/2021)

TermTerm RatePointsApp Fee
3 Year Adj.4.250%0 pts$150.00
 
Adjustments:  2.00% up or down per change. The interest rate cannot increase more that 5% or decrease more than 1.5% from the initial (base) rate over the term of the loan. The interest rate will be based on the “Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types if Lenders” index plus our margin.
 
  • The above shown APR is based on a $100,000.00 conventional mortgage loan witha 20% down payment.
  • MAXIMUM TERM OF ADJUSTABLE RATE LOANS IS 30 YEARS.
  • ADJUSTABLE RATES BASED ON $100,000.00 FOR A 30 YEAR TERM.
  • Non-Owner occupied mortage loans are available at +1% above the rates shown above.
  • Equitable Savings and Loan may assign, sell, or transfer the servicing of mortgage loans. Equitable Savings and Loan is able to service these mortgage loans. For all the first lien mortgage loans to be made in the next 12 months, it is estimated that 0% of such loans will be assigned, sold or transferred. No loans have been assigned , sold, or transferred in the previous three years.
  • ALL OF THE ABOVE REQUIRE 20% DOWN FOR RESIDENTIAL PROPERTIES.
  • RESIDENTIAL LOANS WITH LESS THAN 20% DOWN WILL REQUIRE PRIVATE MORTGAGE INSURANCE.
  • NORMAL CLOSING COSTS: APPLICATION FEE, FLOOD DETERMINATION FEE, APPRAISAL FEE, CREDIT REPORT FEE, TITLE EXAMINATION, INSPECTION FEES FOR PROPERTY IMPROVEMENT, RECORDING FEES, PRIVATE MORTGAGE INSURANCE ON OVER 80% LOANS, PEST INSPECTION ON PURCHASE MONEY TRANSACTIONS.
NOTE: APR = Annual Percentage Rate