* Variable Rate Account. Interest Rate and Annual Percentage Yield subject to change at any time. Fees may reduce earnings. Merchant account discount rates determined by the credit card processor. See this website for more information about rates.
Annual Percentage
Yield (APY)
Interest
Rate
Minimum Deposit
To Open
6 Month CD
0.650%
0.648%
$500
9 Month CD
0.550%
0.548%
$500
12 Month CD
0.750%
0.747%
$500
24 Month CD
1.100%
1.094%
$500
36 Month CD
1.350%
1.341%
$500
60 Month CD
1.900%
1.882%
$500
* Fees may reduce earnings.
Amount
Approximate
Term
Annual
Percentage
Rate (APR)*
Monthly Payment
per $1,000 Borrowed
Home Equity Loan
$10,000 Minimum
5 Years
4.99%
$18.87
$10,000 Minimum
7 Years
5.25%
$14.25
$10,000 Minimum
10 Years
5.55%
$10.88
$10,000 Minimum
15 Years
5.75%
$8.30
$10,000 Minimum
20 Years
6.00%
$7.16
$10,000 Minimum
25 Years
6.25%
$6.60
$10,000 Minimum
30 Years
6.50%
$6.32
Home Equity Line of Credit
$10,000 Minimum
30 Years
3.25%
$2.71***
Personal Unsecured
N/A
Up to 2 Years
14.00%
$48.05
Personal Secured - SRVB Deposit Account
N/A
Up to 7 Years
Deposit Rate plus 3.00%
Variable
Personal Secured - Marketable Securities
5% Interest Rate Floor
Up to 7 Years
Wall Street Journal Prime plus 1.00%
Variable
Step Above Protection
N/A
3 Years
12.00%
$37.78
- Interest Rates, Annual Percentage Yields, Annual Percentage Rates and all deposit and loan conditions effective as of 4/10/2012.
* - Stated Annual Percentage Rates are in effect for accounts that have automatic payments deducted from a Saddle River Valley Bank deposit account. For accounts that do not have automatic payments, the stated APRs will be .25% higher.
** - Home Equity Line of Credit is a 10 year, interest only draw period, followed by a 20 year fully amortizing term out period for a total term of 30 years.
*** - Home Equity Line of Credit is priced at Wall Street Journal Prime Rate floating. Home Equity Line of Credit is a variable rate product. Lifetime APR will not exceed 16.0%.
