Rates

Effective Date: May 22, 2017

Reward Account Rates

Products
Minimum Opening Deposit Minimum Balance to Obtain Annual Percentage Yield Interest Rate Annual Percentage Yield (APY)
$10 None    
Daily Balances of: $0.00 - $20,000.00   1.98% 2.00%
  $20,000.01 and up   0.25% 2.00% - 0.54%
Non-Qualifying Accounts*     0.05% 0.05%
Kasasa Saver®
Must be  linked to a Kasasa Cash® Checking account
$10 None    
Daily Balances of: $0.00 - $100,000.00   0.99% 1.00%
  $100,000.01 and up   0.30% 1.00% - 0.65%
Non-Qualifying Accounts*     0.05% 0.05%

High Yield Money Market Rates

High Yield Money Market - Fees may reduce the earnings on these accounts. A minimum deposit of $25,000 in new money is required to open this account. $10 minimum balance to earn APY. The rates may change after the account is opened.
Daily Balances of:
Interest Rate Annual Percentage Yield (APY)
0.10% 0.10%
$25,000.00 - 49,999.99 0.35% 0.35%
$50,000.00 - 149,999.99 0.75% 0.75%
$150,000.00 - 1,999,999.99 1.00% 1.00%
$2,000,000.00 and above 0.75% 0.75%
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Money Market Rates

Money Market Checking - Fees may reduce the earnings on these accounts. $1,000 minimum deposit required to open account. $10 minimum balance to earn APY. The rates may change after the account is opened.
Daily Balances of:
Interest Rate Annual Percentage Yield (APY)
0.20% 0.20%
$1,000.01 - 10,000.00 0.20% 0.20%
$10,000.01 - 50,000.00 0.25% 0.25%
$50,000.01 - 100,000.00 0.30% 0.30%
$100,000.01 and above 0.35% 0.35%
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Regular Savings Rates

$10 minimum balance required to open account
$10 daily balance to earn APY

Product Interest Rate Annual Percentage Yield (APY)
0.15% 0.15%
Christmas Club Savings Accounts 0.15% 0.15%
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Certificates of Deposit Rates

$500 Minimum Deposit Required to open the account and earn APY. Early withdrawal penalties may be imposed.

Terms Interest Rate Annual Percentage Yield (APY)
0.20% 0.20%
CD - 3 month $500.00 - 25,000.00 (91 days) 0.20% 0.20%
CD - 3 month $25,000.01 to under $50,000.00 (91 days) 0.45% 0.45%
CD - 3 month $50,000.00 and above (91 days) 0.45% 0.45%
CD - 6 month (182 days) 0.45% 0.45%
CD - 9 month (273 days) 0.55% 0.55%
CD - 1 year 0.60% 0.60%
CD - 15 month 0.75% 0.75%
CD - 2 year 1.14% 1.15%
CD - 3 year 1.24% 1.25%
CD - 4 year 1.49% 1.50%
CD - 5 year 1.59% 1.60%
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*The interest rate and annual percentage yield may change after account opening
Account Qualifications (per qualification cycle): Have at least 12 debit card purchases post and settle; have a least one direct deposit, one automatic ACH transaction, or bill payment transaction post and settle; and be enrolled in and agree to receive eStatements.
Fees could reduce the earnings on the account.
Click here for additional qualification information.




Mortgage Rates

Loan Rates and Additional Information
Rates shown are for owner-occupied and investment properties. Rates , APR (Annual Percentage Rate) and margin are subject to change based on factors such as points, loan amount, loan-to-value, borrowers credit, property type and occupancy.
Payments do not include amounts for taxes and insurance premiums, if applicable; the actual payment obligation will be greater.

All Loans Subject to Credit Approval.

Country Bank will lock in the interest rate for sixty (60) days upon receipt of the signed Intent to Proceed and applicable application fee. Until these documents are received, your interest rate will be floating.

 

Adjustable Rate Mortgages

Including construction. The initial interest rate may be discounted until the first review period. The annual percentage rate is subject to increase or decrease after closing. CAP Structure: Initial Adjustment/Lifetime Adjustment. The margin on all Adjustable Rate mortgages is 2.75% unless otherwise noted.

Products Interest Rate Annual Percentage Rate Monthly Payment per $1,000
3/3 ARM 0 pts (30 year)
CAPS 2%/4%
2.875% 3.704% $4.15 first three years,
$4.66 after initial adjustment
5/3 ARM 0 pts (30 year)
CAPS 2%/4%
3.000% 3.621%

$4.22 first five years,
$4.64 after initial adjustment

7/3 ARM 0 pts (30 year)
CAPS 2%/4%
3.125% 3.580% $4.29 first seven years,
$4.62 after initial adjustment
10/1 ARM 0 pts (30 year)
CAPS 2%/4%
3.250% 3.548% $4.36 first ten years,
$4.60 after initial adjustment
Building Lot (15 Year)
Product: 3/1 ARM CAPS 2%/6%
20% down is required.
Margin 5.000%
6.125% 6.231% $8.51
Raw Land (10 Year)
Product: 3/1 ARM CAPS 2%/6%
40% down is required. Margin is 6.000%
7.125% 7.277% $11.68
Mobile Homes with own land will be financed as 1 Yr ARM, 3/3 ARM, 5/3 ARM, 7/3 ARM or 10/1 ARM; 15 Year (180) amortization   


Fixed Rate Conventional Residential Owner-Occupied

Term 
Rate Points APR Monthly Payment per $1,000
30 Year 4.000% 0 4.056%    $4.78
3.750% 1 3.891% $4.64
3.625% 2 3.849% $4.57
20 Year 3.750% 0 3.828% $5.93
3.500% 1 3.695% $5.80
3.375% 2 3.685% $5.74
15 Year 3.250% 0 3.335% $7.03
3.000% 1 3.247% $6.91
2.750% 2 3.142% $6.79
10 Year 3.000% 0 3.150% $9.66
2.750% 1 3.102% $9.55
2.500% 2 3.068% $9.43

MassHousing Mortgages

Products Interest Rate Annual Percentage Rate Monthly Payment per $1,000
4.125% 4.602% $4.85
MassHousing Mortgage with no MI
Fixed 30 years 0 pts
60 Day Lock
4.750% 4.824%

$5.22

MassHousing Operation Welcome Home
Fixed 30 years 0 pts
60 Day Lock
4.500% 4.996% $5.07

First Time Home Buyer

The initial interest rate may be discounted until the first review period. The annual percentage rate (APR) is subject to increase or decrease after closing. Maximum increase or decrease 1% at the time of any review. Lifetime cap at 4%. Margin 2.75%.

Term Rate Points Annual Percentage Rate Monthly Payment per $1,000
3.125% 0 4.039% $4.29 first ten years,
$4.58 after initial adjustment

Annual Percentage Rate (APR) based on $165,000 loan with Private Mortgage Insurance (PMI).

 USDA Guaranteed Rural Housing

Term Rate Points Annual Percentage Rate Monthly Payment per $1,000
3.875% 0 4.367% $4.99
Annual Percentage Rate (APR) based on guarantee fee of 1.00% and annual fee of .35%.

Home Possible 

Term Rate Points Annual Percentage Rate Monthly Payment per $1,000
 4.000%  0  4.549% $4.78

Annual Percentage Rate (APR) based on $165,000.00 loan with Private Mortgage Insurance (PMI).

Home Possible Advantage

Term Rate Points Annual Percentage Rate Monthly Payment per $1,000
4.000% 0 4.686% $4.78

Annual Percentage Rate (APR) based on $165,000.00 loan with Private Mortgage Insurance (PMI).

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Consumer and Auto Loan Rates

Minimum loan: $800
Minimum term: 12 months

Auto/Motorcycle Loans**

Year of Vehicle Max Term Interest Rate Annual Percentage Rate Monthly Payment per $1000
60 months 2.990% 2.990% $19.05*
2015-2017 72 months 3.250% 3.250% $16.23*
2012-2014 60 months 3.500% 3.500% $19.29*
2011 & older 36 months 4.000% 4.000% $31.30*
 

Other Consumer Loans**

Product Term Interest Rate Annual Percentage Rate Monthly Payment per $1,000
36 months 14.000% 14.000% $34.18
New RV *** 12 - 36 months 8.750% 8.750% $31.68*
New RV *** 36 - 60 months 9.000% 9.000% $20.76*
Used RV *** 12 - 36 months 9.000% 9.000% $31.80*
Used RV *** 36 - 60 months 9.750% 9.750% $21.12*
Credit Booster 12 - 36 months Prime +4% Prime +4% $31.23

All rates are subject to change without notice.
All loans are subject to credit approval.

Home Improvement Loans**

Term Interest Rate Annual Percentage Rate Monthly Payment per $1,000
7.000% 7.000% $19.81

Country Convertible Home Equity Line of Credit

Fixed Rate Term Out Loans via Country Convertible HELOC 1-4 Family Owner-Occupied

The Home Equity Line of Credit has a variable periodic rate. The interest rate is based on Prime rate plus 0%/Currently 4.000%/APR 4.000%. APR subject to increase to a Maximum of 18%. Our unique Country Convertible Equity Line allows you to create up to three separate Fixed Rate Term Out Loans within your line of credit and lock in all or a portion of your balance at a fixed rate. Hazard insurance is required. Early Termination fee of $500.00 may apply if the Home Equity Line of Credit is closed and discharged within thirty-six (36) months from the date of the Note. Standard Evaluation, legal fees and other costs are typically paid by Country Bank. Fees above and beyond our standard fees will be the borrowers' responsibility and can range from $75 to $625. If the Bank is unable to determine a value using our standard method, or if the loan request is greater than $250,000.00, the borrower will be required to pay for a full appraisal. the current fee for a full appraisal is $350 for a single family or $550 for a 2 to 4 family. Maximum LTV is 80%; The minimum credit limit you may apply for is $15,000.00 . Call us for additional rates and details!

Term Rate Annual Percentage Rate Monthly Payment per $1,000
3.250% 3.250% $18.09
10 Year 3.750% 3.750% $10.01
15 Year 4.000% 4.000% $7.40
20 Year 4.250% 4.250% $6.20

Single Payment Demand

Single payment consumer loans will be made at 4% above Prime rate.

Collateral Loan

Fixed Rate Collateral Loan: 3% above Prime rate with a minimum rate of 6%**

Adjustable Rate Collateral Loan: 3% above Prime rate with a maximum rate of 18%

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Country Bank is a full-service, mutual savings bank with 14 branch locations helping the families and businesses of central and western Massachusetts. For the

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