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Current Interest Rates

Sunday, February 05, 2012

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Member FDIC


Equal Housing Lender

Here, you will find information about current interest rates and annual percentage yields for our deposit and loan accounts. Our interest rates and APYs are competitive and reflect our commitment to make a difference for our customers. APYs are accurate as of the date stated above and are subject to changes at any time without prior notice.

The following account information is displayed here: Savings Accounts, Certificates of Deposit, Individual Retirement Accounts, Money-Market Deposit Accounts, Mortgage Loans for Single-Family homes, Home Equity Line of Credit, Second Mortgage & Home Improvement Loans, Automobile Loans, and Consumer Loans. For additional information, contact an account representative or loan originator or stop by one of our convenient locations. West End Bank, S.B. is a member of the Federal Deposit Insurance Corporation and an Equal Housing Lender.

INTEREST RATES EFFECTIVE AS OF DATE POSTED ABOVE

Savings and Checking*
Name Minimum Deposit Required Interest Rate APY
Interest Checking Minimum to open is $50, minimum to obtain APY is $500. .20 .20
Free Checking Minimum to open account is $50. Non-Interest Bearing. non-interest bearing  
Statement Savings Minimum to open account is $50, minimum to obtain APY is $300. .35 .35
Money Market Deposit Accounts*
Acct. Bal. Interest Rate APY
$0-$500.00 0.00 0.00
$500.01-$9,000.00 .35 .35
$9,000.01-$18,000.00 .35 .35
$18,001.01-$100,000.00 .60 .60
$100,001.00-$999,999.98 .85 .85
$999,999.99 and OVER .35 .35

The minimum to open this account is $2,001.00. You must maintain the minimum in each tier to obtain the APY.

A PUBLIC FUNDS MONEY MARKET ACCOUNT HAS BEEN ESTABLISHED AND IS AVAILABLE WITH TIERS AND INTEREST RATES THAT ADDRESS THE UNIQUE NEEDS OF PUBLIC UNITS. PLEASE CONTACT A CUSTOMER SERVICE REPRESENTATIVE FOR COMPLETE DETAILS.

WE ALSO OFFER OTHER INTEREST RATES FOR HIGH BALANCE MONEY MARKET DEPOSIT ACCOUNTS. PLEASE CONTACT A CUSTOMER SERVICE REPRESENTATIVE FOR COMPLETE DETAILS.

Certificates of Deposit*
Minimum
Balance $500
Term Interest Rate APY
182 Days .50 .50
1 Year .80 .80
18 Months 1.00 1.00
2 Years 1.10 1.10
3 Years 1.49 1.50
4 Years 1.69 1.70

5 Years

1.99

2.00

 

 

 

The minimum deposit to open regular published CDs (non-specials) and obtain APY is $500.

Early withdrawal may be subject to penalty.

CD SPECIALS:

ACCESS CD (1 Year)- INTEREST RATE: .80%, APY: .80%

TRIPLE OPTION CD (3 Year) - INTEREST RATE: 1.49%, APY: 1.50%

Minimum balance to open these CD specials and obtain APY is $5,000.

Early withdrawal may be subject to penalty.

 

PLEASE CONTACT A CUSTOMER SERVICE REPRESENTATIVE FOR COMPLETE DETAILS.

Individual Retirement Accounts*
Name Term Interest Rate APY*
Traditional IRA 18 Month 1.00 1.00
Traditional IRA 3 Years 1.49

1.50

Traditional IRA 5 Years 1.98 2.00

Roth IRA

18 Month

1.00

1.00

Roth IRA 3 Years 1.49 1.50
Roth IRA 5 Years 1.98 2.00

The minimum deposit to open IRA CDs and obtain APY is $50. IRAs are subject to IRS rules.

EARLY WITHDRAWAL MAY BE SUBJECT TO PENALTY.

Mortgage - Single Family - Owner Occupied*

Our interest rates and terms are highly competitive with those from other lending institutions. Contact a loan originator for more complete information about our current Interest Rates, and APRs. We strive to demonstrate what a difference a locally focused bank can make on each loan. Let us make a difference for you.
Name Title Phone Number
Nikka Alcorn (NMLS# 613421) Loan Officer 765-962-9587 x1210
Brad Wilson (NMLS# 613428) Loan Officer 765-962-9587 x1229
Cindy Mendenhall (NMLS# 613427) Hagerstown Branch Manager
765-489-4011
Charlane Brenegan (NMLS # 838933) Liberty Branch Manager

765-458-6485

Sherri Lahman (NMLS# 613426) Eastside Branch Manger

765-966-0328

See Loan Originator for information on 100% financing on loans

Home Equity Line of Credit*

Contact a loan originator for more complete information about our current Interest Rates, and APRs.

Name Title Phone Number
Nikka Alcorn (NMLS# 613421) Loan Officer 765-962-9587 x1210
Brad Wilson (NMLS# 613428) Loan Officer 765-962-9587 x1229
Cindy Mendenhall (NMLS# 613427) Hagerstown Branch Manager
765-489-4011
Charlane Brenegan (NMLS # 838933) Liberty Branch Manager
765-458-6485
Sherri Lahman (NMLS# 613426) Eastside Branch Manger 765-966-0328

General Program Guidelines

APRS FOR HOME EQUITY LINE OF CREDIT PRODUCT IS BASED ON THE VALUE OF AN INDEX. THE INDEX IS THE HIGHEST INTEREST RATE ON CORPORATE LOANS POSTED BY AT LEAST 75% OF THE USA'S THIRTY LARGEST BANKS KNOWN AS THE WALL STREET JOURNAL PRIME RATE AND IS PUBLISHED IN THE WALL STREET JOURNAL. TO DETERMINE THE APR THAT WILL APPLY TO YOUR ACCOUNT, WE ADD A MARGIN TO THE VALUE OF THE INDEX, AND THEN ROUND TO THE NEAREST 0.125%

Fixed Rate Second Mortgage &
Home Improvement*

Contact a loan originator for more complete information about our current Interest Rates, and APRs.

Name Title Phone Number
Nikka Alcorn (NMLS# 613421)

Loan Officer

765-962-9587 x1210
Brad Wilson (NMLS# 613428)

Loan Officer

765-962-9587 x1229
Cindy Mendenhall (NMLS# 613427)

Hagerstown Branch Manager

765-489-4011
Charlane Brenegan (NMLS # 838933)

Liberty Branch Manager

765-458-6485
Sherri Lahman (NMLS# 613426)

Eastside Branch Manager

765-966-0328

Car Loan*

Contact a loan originator for more complete information about our current Interest Rates, and APRs.

Name Title Phone Number
Nikka Alcorn (NMLS# 613421)

Loan Officer

765-962-9587 x1210
Brad Wilson (NMLS# 613428)

Loan Officer

765-962-9587 x1229
Cindy Mendenhall (NMLS# 613427) Hagerstown Branch Manager
765-489-4011
Charlane Brenegan (NMLS # 838933) Liberty Branch Manager
765-458-6485
Sherri Lahman (NMLS# 613426) Eastside Branch Manager 765-966-0328

Consumer / Personal Loans*

Contact a loan originator for more complete information about our current Interest Rates, and APRs.

Name Title Phone Number
Nikka Alcorn (NMLS# 613421)

Loan Officer

765-962-9587 x1210
Brad Wilson (NMLS# 613428)

Loan Officer

765-962-9587 x1229
Cindy Mendenhall (NMLS# 613427) Hagerstown Branch Manager
765-489-4011
Charlane Brenegan (NMLS # 838933) Liberty Branch Manager

765-458-6485

Sherri Lahman (NMLS# 613426) Eastside Branch Manager 765-966-0328

*Disclosures

The information regarding interest rates, terms, fees, etc. is provided for reference only and is not an advertisement to extend customer credit as defined by section 226.2 of regulation Z. All interest rates and costs are subject to change without notice.

Key Terms


APR Annual Percentage Interest Rate
APY Annual Percentage Yield
Points Percentage of loan amount added to down payment to receive stated interest amount
Max loan to value Maximum percentage of the lesser of the selling price or appraised value of the property for which a loan will be written.
CAPS Maximum change in percentage interest rate during stated time frames for the loan
% Financed Maximum percentage of the lesser of the selling price or NADA listed value of the vehicle for which a loan will be written.


West End Bank, S.B. may not accept deposits or extend credit outside our local market area unless the depositor/applicant has a prior account relationship with us or the deposit is in the amount of $10,000 or more. Deposit accounts may be subject to early withdrawal penalty. Federal law limits the number of withdrawals/transfers not made in person or at an ATM from non-checking accounts to six (6) per statement cycle. Fees may reduce earnings on deposit accounts. Contact a Deposit Customer Service Representative or Loan Originator for complete details. Specials offered for a limited time.

 


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