Rates

Checking Accounts

  Interest Rate Annual Percentage Yield (APY) (1) Minimum Opening Deposit Minimum Balance to Obtain APY
Checking Accounts
Basic Checking n/a n/a $10 n/a
GetReal Checking n/a n/a $10 n/a
Premier Checking (Personal & Business) 0.10% 0.10% $100 $0.01-$24,999.99
0.15% 0.15% $25,000-$49,999.99
0.15% 0.15% $50,000-$99,999.99
0.20% 0.20% $100,000-$999,999.99
0.25% 0.25% $1,000,000 and greater
IOLTA Checking 0.25% 0.25% $100 $0.01
Savings Accounts
Passbook Savings 0.05% 0.05% $10 $0.01
GetReal Savings 0.05% 0.05% $10 $0.01
Tiered Money Market (Personal) 0.10% 0.10% $1,000 $0.01-$24,999.99
0.15% 0.15% $25,000-$49,999.99
0.15% 0.15% $50,000-$99,999.99
0.20% 0.20% $100,000-$999,999.99
0.25% 0.25% $1,000,000 and greater
Business Money Market 0.10% 0.10% $100 $0.01-$24,999.99
0.15% 0.15% $25,000-$49,999.99
0.15% 0.15% $50,000-$99,999.99
0.20% 0.20% $100,000-$999,999.99
0.25% 0.25% $1,000,000 and greater
Club Accounts 0.05% 0.05% $10 $0.01
Investment Savings - Certificates of Deposit (2)
7 Day CD 0.10% S (4) 0.10% $1,000 $0.01
3 Month 0.10% S (4) 0.10% $1,000 $0.01
6 Month 0.15% 0.15% $1,000 $0.01
9 Month 0.25% 0.25% $1,000 $0.01
12 Month 0.45% 0.45% $1,000 $0.01
15 Month 0.75% 0.75% $1,000 $0.01
18 Month 0.65% 0.65% $1,000 $0.01
24 Month 0.75% 0.75% $1,000 $0.01
36 Month 1.00% 1.00% $1,000 $0.01
48 Month 1.25% 1.26% $1,000 $0.01
60 Month 1.75% 1.76% $1,000 $0.01
Investment Savings - Individual Retirement Accounts (2)
6 Month 0.15% 0.15% $1,000 $0.01
9 Month 0.25% 0.25% $1,000 $0.01
12 Month 0.45% 0.45% $1,000 $0.01
15 Month 0.75% 0.75% $1,000 $0.01
18 Month 0.65% 0.65% $1,000 $0.01
24 Month 0.75% 0.75% $1,000 $0.01
36 Month 1.00% 1.00% $1,000 $0.01
48 Month 1.25% 1.26% $1,000 $0.01
60 Month 1.75% 1.76% $1,000 $0.01
IRA Money Market 0.10% 0.10% $10 .01-$2,499.99
0.15% 0.15% $2,500 and greater

Loans

  Annual Percentage Rate Maximum Term Monthly Payment per $1000 Borrowed
Personal
12%-18% Varies Up To 24 Months 47.09 - 49.95 (Based on 24 month term)
New Auto
'15, '14 4.99% 24 Months $43.87
5.25% 60 Months $18.99
Used Auto
Model Year:
'14, '13, '12 5.75% 48 Months $23.37
'11 & '10 5.75% 48 Months $23.37
'09 & Older 6.00% 36 Months $30.42
Secured
By:
Motorcycle 6.50% 48 Months $23.72
Boat 6.50% 36 Months $30.65
RV 6.50% 36 Months $19.57
Share/Passbook
$3.25% over account rate
Land Purchase
3-Year Maturity/ 10-Year Amortization 5.50% 5.610% 36 Months $108.53
Construction Loans

Please call for information on the different products and rates available

Investment/Commercial Properties

Please call for information on the different products and rates available

Home Equity Line of Credit

  Annual Percentage Rate (APR) Max APR Annual Fee Draw
HELOC (3)
Variable Monthly 3.99% 18.00% $0 120 Months

Home Equity Loan (where Hometown Bank is in a first lien position) (5)

  Interest Rate Points Annual Percentage Rate Monthly Payment per $10,000
5-Year Fixed 3.500% 0 3.500% $181.92
10-Year Fixed 3.750% 0 3.750% $100.07
15-Year Fixed 4.000% 0 4.000% $73.98

Home Equity Loan (where Hometown Bank is in a second lien position)

  Interest Rate Points Annual Percentage Rate Monthly Payment per $10,000
5-Year Fixed 4.000% 0 4.000% $184.17
10-Year Fixed 4.250% 0 4.250% $102.45
15-Year Fixed 4.500% 0 4.500% $76.52

Notes:
(1) The Annual Percentage Yield assumes funds will remain on deposit for a full year at the advertised rate. With the exception of CDs and IRAs the APY may change during the account’s term. Fees or other conditions could reduce the earnings on the accounts shown above.

(2) A penalty may be imposed for early withdrawal.

(3) The Annual Percentage Rate (APR) on a Hometown Bank Home Equity Line of Credit is VARIABLE monthly and is set on the first business day of each month at the Prime Rate published in the Wall Street Journal on the last business day of the previous month minus 0.50% however at no time will the interest rate be below 3.99% (Floor). 10 year draw 15 year repayment. 75% maximum loan to value (LTV) when first mortgage is held by another bank; 80% maximum LTV when Hometown Bank holds the first mortgage. Maximum rate is 18%. No annual fee. Closing costs range from $75.00 to $1250.00. Other Fees may apply if no first mortgage and title insurance is required. Homeowners insurance is required. No pre-payment penalty. Offer may be withdrawn without notice. Subject to our normal credit requirements.

(4) Simple Interest

(5) This is a fixed rate home equity product and assumes an 80% or less loan to value ratio. This no-closing-cost mortgage is only valid for cash out or refinance of an existing mortgage in first lien position; not available for home purchases. Property must be a one to four family or qualified condominium and owner occupied. Payments shown above are based on a 5-year, 10-year and 15-year period respectively. Hometown Bank will pay all closing costs except escrows of real estate taxes and insurance that may be required at closing. Property insurance is required and flood insurance may be required. Payments do not include taxes and insurance, if applicable and actual payments may be greater. Subject to credit approval, final property valuation and title search acceptable to the Bank. This is a limited time offer and rates are subject to change without notice.