Current Rates
Browse our current rates:
Back to TopChecking Account Rates
Effective Date: Wednesday, April 24, 2024
| Terms | Interest Rate | APY* | |
|---|---|---|---|
| NOW Checking | 0.03% | 0.03% | How to Open |
| Basic Checking | 0.00% | 0.00% | How to Open |
*Annual Percentage Yield (APY) is based on interest compounding monthly.
Rates are subject to change without notice.
The rates may change after the account is opened.
The minimum balance to open a NOW Checking account is $100.00.
The minimum balance to open a Basic Checking account is $10.00.
You must maintain a minimum daily balance of $10.00 to obtain the stated APY on a NOW Checking.
Fees may reduce earnings on accounts - ask for details.
Savings Account Rates
Effective Date: Wednesday, April 24, 2024
| Term | Interest Rate | APY* | |
|---|---|---|---|
| Passbook Savings | 0.05% | 0.05% | How to Open |
| Statement Savings | 0.05% | 0.05% | How to Open |
| Christmas Club | 0.05% | 0.05% | How to Open |
*Annual Percentage Yield (APY) is based on interest compounding monthly.
Rates are subject to change without notice.
The rates may change after the account is opened.
$10.00 minimum balance to open and obtain the stated APY.
Fees may reduce earnings on accounts - ask for details.
Money Market Rates
Effective Date: Wednesday, April 24, 2024
| Item | Interest Rate | APY* | |
|---|---|---|---|
| Money Market Deposit Account | |||
| $2,500.00 or more | 0.10% | 0.10% | How to Open |
| $10.00 but less than $2,500.00 | 0.03% | 0.03% | How to Open |
| Tiered Rate Money Market | |||
| $10,000.00 or more | 0.20% | 0.20% | How to Open |
| $2,500.00 but less than $10,000.00 | 0.10% | 0.10% | How to Open |
| $10.00 but less than $2,500.00 | 0.03% | 0.03% | How to Open |
*Annual Percentage Yield (APY) is based on interest compounding monthly.
Rates are subject to change without notice.
The rates may change after the account is opened.
The minimum balance to open a Money Market account is $2,500.00.
The minimum balance to open a Tiered Rate Money Market account is $10,000.00.
You must maintain a minimum daily balance shown above to obtain the stated APY on any account
Fees may reduce earnings on accounts - ask for details.
Certificates of Deposit and Retirement Account Rates
Effective Date: Wednesday, April 24, 2024
| Term | Interest Rate | APY | |
|---|---|---|---|
| 6 Month CD | .30% | .30%** | How To Open |
| 1 Year CD | 1.98% | 2.00%* | How To Open |
| 2 Year CD | 1.98% | 2.00%* | How To Open |
| 3 Year CD | 2.47% | 2.50%* | How To Open |
| 5 Year CD | 2.96% | 3.00%* | How To Open |
*Annual Percentage Yield (APY) is based on interest compounding monthly.
**Annual Percentage Yield (APY) based on simple interest.
Rates are subject to change without notice.
$1,000.00 CD minimum balance to open and obtain the stated APY.
$500.00 Retirement Account minimum balance to open and obtain the stated APY.
APY assumes principal and interest remain on deposit for at least one year.
Penalty may be imposed for early withdrawals.
Personal Funds Only. Product offer may be withdrawn at anytime.
Fixed Mortgage Rates
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | APR* | Monthly Payments Per $1,000 Borrowed | |
|---|---|---|---|---|
| 30 Year Fixed Rate | 7.000% | 7.010% | $6.65 | How To Apply |
| 20 Year Fixed Rate | 7.000% | 7.014% | $7.75 | How To Apply |
| 15 Year Fixed Rate | 7.000% | 7.017% | $8.99 | How To Apply |
| 10 Year Fixed Rate | 6.500% | 6.523% | $11.35 | How To Apply |
Payments shown do not include taxes or insurance. Your monthly payment will be greater.
*Annual Percentage Rate (APR)
Rates are subject to change without notice.
Rate and Annual Percentage Rate (APR) are based on 20% down payment.
APR includes flood certification fee, tax service fee and copy of tax return fee.
Any borrower obtaining a loan secured by real estate must provide the Bank with satisfactory proof of hazard/homeowner's/flood insurance.
Subject to credit approval.
Ask a Mortgage Loan Officer for details as they apply to you.
Available on conforming owner-occupied loan amounts for a single family is $647,200, 2-family is $828,700, 3-family is $1,001,650, 4-family is $1,244,850.
Adjustable Rate Mortgage Rates
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | # Monthly Payments | Points | Monthly Payment Per $1,000 | Fully Indexed Rate % | # of Monthly Payments | Monthly Payment Per $1,000 | APR* | |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year Adjustable | 6.500% | 12 | 0.000% | $6.32 | 7.875% | 348 | $7.23 | 7.75% | How To Apply |
| 3 Year Adjustable | 6.500% | 36 | 0.000% | $6.32 | 7.500% | 324 | $6.95 | 7.24% | How To Apply |
| 3/1 Year Adjustable | 6.500% | 36 | 0.000% | $6.32 | 7.500% | 324 | $6.95 | 7.24% | How To Apply |
| 5/1 Year Adjustable | 6.500% | 60 | 0.000% | $6.32 | 7.375% | 300 | $6.84 | 7.03% | How To Apply |
| 7/1 Year Adjustable | 6.500% | 84 | 0.000% | $6.32 | 7.375% | 276 | $6.81 | 6.93% | How To Apply |
*Annual Percentage Rate (APR)
Rates are subject to change without notice.
APR may increase after closing.
Rate and Annual Percentage Rate (APR) are based on 20% down payment.
APR includes flood certification fee, tax service fee and copy of tax return fee.
Any borrower obtaining a loan secured by real estate must provide the Bank with satisfactory proof of hazard/homeowner's/flood insurance.
Subject to credit approval.
Ask a Mortgage Loan Officer for details as they apply to you.
Based on a 30 year term.
Available on conforming owner-occupied loan amounts for a single family is $647,200, 2-family is $828,700, 3-family is $1,001,650, 4-family is $1,244,850.
Home Equity Line of Credit
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | APR* | |
|---|---|---|---|
| Home Equity Line of Credit | 8.50% | 8.50% | How To Apply |
*Annual Percentage Rate (APR)
Rate and Annual Percentage Rate (APR) are available on owner-occupied 1-4 family homes and condominiums.
Homeowner's insurance is required on the home securing the line. Flood Insurance may be required.
Consult your tax advisor regarding the deductibility of interest paid.
80% maximum CLTV. Appraisal is required at borrowers expense, at a fee of $475.00 - $600.00.
Subject to credit approval.
Term is based on 10 year draw period followed by a 15 year repayment schedule.
APRs for Home Equity Lines of Credit are variable and are subject to change monthly. Rates are based on the Wall Street Journal Prime Rate (currently 8.50%).
Maximum APR is 18%.
Please call for additional loan details.
Fixed Rate Home Equity Loan
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | APR* | Monthly Payments Per $1,000 Borrowed | |
|---|---|---|---|---|
| 5 years | 6.750% | 6.759% | $19.68 | How To Apply |
| 10 years | 7.000% | 7.005% | $11.61 | How To Apply |
| 15 years | 7.250% | 7.253% | $9.13 | How To Apply |
Payments shown do not include taxes or insurance. Your monthly payment may be greater.
*Annual Percentage Rate (APR)
Rate and Annual Percentage Rate (APR) are available on owner-occupied 1-4 family homes and condominiums.
North Cambridge Co-operative Bank lien must be in second position for these loan terms.
Homeowner's insurance is required on the home securing the loan. Flood insurance may be required.
Consult your tax advisor regarding the deductibility of interest paid.
80% maximum CLTV. Appraisal is required at borrowers expense.
Subject to credit approval.
Please call for additional loan details.
Auto Loan Rates
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | APR* | Monthly Payments Per $1,000 Borrowed | |
|---|---|---|---|---|
| New Automobile 1 | 6.25% | 6.25% | $19.45 | How To Apply |
| Used Auto 1-2 Years Old 2 | 7.00% | 7.00% | $23.95 | How To Apply |
| Used Auto 3-8 Years Old 3 | 7.50% | 7.50% | $31.11 | How To Apply |
*Annual Percentage Rate (APR)
1 10% down payment required. $35,000.00 maximum loan. 5 year maximum loan term.
2 20% down payment required. $30,000.00 maximum loan. 4 year maximum term.
3 20% down payment required. $30,000.00 maximum loan. 3 year maximum loan term.
Please call for additional loan details.
All rates subject to change without notice.
Personal Loan Rates
Effective Date: Wednesday, April 24, 2024
| Type | Interest Rate | APR* | Monthly Payments Per $1,000 Borrowed | |
|---|---|---|---|---|
| Unsecured Personal Loan 1 | 9.75% | 9.75% | $32.15 | How To Apply |
| Passbook Loan 2 | Deposit Rate + 3% | Deposit Rate + 3% | How To Apply |
*Annual Percentage Rate (APR)
1 $5,000.00 maximum loan. 3 year maximum loan term.
2 Up to 90% of secured amount in passbook. Principal payback determined by customer. Interest billed monthly.
2 The APR may increase after consummation if the rate paid on the account being held as collateral increases.
Please call for additional loan details.
