| Gr8t Rates
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Looking for a great rate?
At 1st Colonial National Bank you'll find great rates on all our savings and loan products.
We offer Statement Savings and Certificate of Deposit Accounts so you can grow your money. We also offer NOW Checking and Money Market Accounts so you can write checks while you earn interest on your money. We offer competitive rates on IRA Certificates of Deposit so you can grow your retirement nest egg.
If you're looking to borrow money for the things you want or need, you'll find we offer competitive loan rates and personal attention to your needs. Our loan products include Home Equity Loans, Home Equity Lines of Credit, Car Loans and Personal Loans.
Effective as of 02/01/2010
| Deposit Products (1) |
Interest Rate |
A.P.Y. |
| PERSONAL Statement Savings |
| Balances $100 to $9,999.99 |
.75% |
.75% |
| Balances $10,000 - $49,999.99 |
.75% |
.75% |
| Balances $50,000 - $249,999.99 |
1.00% |
1.01% |
| Balances $250,000 or more |
1.25% |
1.26% |
| BUSINESS Statement Savings |
| Balances $100 to $49,999.99 |
.75% |
.75% |
| Balances $50,000 - $99,999.99 |
1.00% |
1.01% |
| Balances $100,000 - $249,999.99 |
1.25% |
1.26% |
| Balances $250,000 or more |
1.25% |
1.26% |
| |
| PERSONAL NOW Account |
0.50% |
0.50% |
| BUSINESS NOW Account |
0.50% |
0.50% |
| |
| IOLTA Account |
| Balances less than $1500 |
ZERO |
ZERO |
| Balances $1,500 to $49,999.99 |
0.50% |
0.50% |
| Balances $50,000 - $99,999.99 |
0.50% |
0.50% |
| Balances $100,000 or more |
1.00% |
1.01% |
| |
| MONEY MARKET Personal Account |
| Balances less than $1500 |
ZERO |
ZERO |
| Balances $1500 to $49,999.99 |
.75% |
.75% |
| Balances $50,000 - $249,999.99 |
1.00% |
1.01% |
| Balances $250,000 or more |
1.25% |
1.26% |
| |
|
|
| MONEY MARKET Business Account |
|
|
| Balances less than $1500 |
ZERO |
ZERO |
| Balances $1500 to $49,999.99 |
.75% |
.75% |
| Balances $50,000 - $249,999.99 |
1.00% |
1.01% |
| Balances $250,000 or more |
1.25% |
1.26% |
| |
| CERTIFICATES OF DEPOSIT(2) |
| 7-90 day CD's |
N/A |
N/A |
| 6 month CD's |
1.00% |
1.00% |
| 12 month CD's |
1.00% |
1.00% |
| 18 month CD's |
1.25% |
1.25% |
| 24 month CD's |
1.50% |
1.50% |
| 30 month CD's |
1.50% |
1.50% |
| 36 month CD's |
2.00% |
2.00% |
| 48 month CD's |
2.00% |
2.00% |
| Jumbo CD's |
Negotiable |
|
| IRA/CD's (3) |
| 6 month IRA CD's |
1.00% |
1.00% |
| 12 month IRA CD's |
1.00% |
1.00% |
| 18 month IRA CD's |
1.25% |
1.25% |
| 24 month IRA CD's |
1.50% |
1.50% |
| 30 month IRA CD's |
1.50% |
1.50% |
| 36 month IRA CD's |
2.00% |
2.00% |
| 48 month IRA CD's |
2.00% |
2.00% |
(1) Interest rate and Annual Percentage Yield (APY) may vary after account opened. Fees may reduce earnings.
(2) Substantial penalty for early withdrawal.
(3) Substantial penalty for early withdrawal and may be subject to IRS early withdrawal penalty. Refer to IRA disclosure statement for additional information.
Minimum balance to obtain APY
NOW Account: $1,000.00
CD's: $500.00
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| Home Equity*** |
Auto Debit Annual Percentage Rate |
Monthly Payment Per $100,000.00 |
| 5 Year Loan (4) |
6.29% |
$1946.87 |
| 10 Year Loan (4) |
6.52% |
$1136.62 |
| 15 Year Loan (4) |
6.77% |
$885.79 |
| 20 Year Loan (4) |
7.03% |
$776.07 |
| Redi Reserve (8) |
9.00% |
$35.28 |
| Line of Credit Int Only (9) |
4.01% |
$334.17 |
| Line of Credit (5) |
4.01% |
$890.77 |
| Car Loans |
Auto Debit APR |
Monthly Payment Per $1,000.00 |
| New Cars (6) |
6.75% |
$23.84 |
| Used Cars |
| Model Yr 2007 and newer (7) |
7.00% |
$19.81 |
| Model Yr 2004 through 2006 (10) |
7.00% |
$30.77 |
| Personal Loan |
Auto Debit APR |
Monthly Payment Per $1,000.00 |
| Unsecured (11) |
9.75% |
$32.15 |
| *** Rates are for primary and secondary residences. Add 0.50% to Annual Percentage Rate for investment properties.
*** When loan to value exceeds 90%, add 1.00% to APR.
(4) Without Auto Debit, APR will increase by 0.50%. $100 processing fee applies.
(5) Monthly payment per $100,000 example is based upon a 180 month term. Rate floats at prime plus .75% with a 16.00% ceiling. Prime rate is currently 3.25%. $100 processing fee applies
6) Monthly payment per $1,000 example is based upon a 48 month term. Without Auto Debit, APR will increase by 0.50%.
(7) Monthly payment per $1,000 example is based upon a 60 month term on model years 2007 and newer. Without Auto Debit, APR will increase by 0.50%.
(8) Monthly payment per $1,000 example is based upon a 36 month term.
(9) Monthly payment per $10,000. Rate floats at prime plus .75% with a 16.00% ceiling. Prime rate is currently 3.25%. $100 processing fee applies
10) Monthly payment per $1,000 example based upon 36 month term on model years 2004 through 2006. Without Auto Debit APR will increase by 0.50%.
(11) Monthly payment per $1,000 example is based upon a 36 month term. Without Auto Debit, APR will increase 0.50%.
Loans subject to credit approval. Property insurance is required for Home Equity Loans and Home Equity Lines of Credit.
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