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Current Rates
Checking | Savings | Certificates of Deposit | Individual Retirement Accounts
Mortgage Rates | Loan Rates


Deposit Rates Effective 11/21/13
Checking
Type / Term Minimum
Balance
Interest
Rate
Annual Percentage
Yield
  NOW Accounts $500 0.05% 0.05%
  Money Market Checking $1,000 0.05% 0.05%

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Savings
Type / Term Minimum
Balance
Interest
Rate
Annual Percentage
Yield
  Passbook/Statement Savings $50 0.10% 0.10%
  Club Savings $50 0.10% 0.10%
Money Market Investment
(Other than municipal accounts)
$1,000 0.10% 0.10%
  $10,000 0.10% 0.10%
  $25,000 0.10% 0.10%
  $50,000 0.15% 0.15%
  $250,000 0.20% 0.20%

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Certificates of Deposit (CD)
Type / Term Minimum
Balance
Interest
Rate
Annual Percentage
Yield
  Starter CD (1 year) $500 0.10% 0.10%
  1 Year Renewable
Once CD (ROC) *
$10,000 0.30% 0.30%
  1 Month Certificate of Deposit $1,000 0.10% 0.10%
  3 Month Certificate of Deposit $1,000 0.15% 0.15%
6 Month Certificate of Deposit $1,000 0.20% 0.20%
12 Month Certificate of Deposit $1,000 0.25% 0.25%
18 Month Certificate of Deposit $1,000 0.30% 0.30%
24 Month Certificate of Deposit $1,000 0.45% 0.45%
30 Month Certificate of Deposit $1,000 0.50% 0.50%
36 Month Certificate of Deposit $1,000 0.70% 0.70%
48 Month Certificate of Deposit $1,000 0.80% 0.80%
60 Month Certificate of Deposit $1,000 1.00% 1.01%
Jumbo CDs $100,000 Call for current rates and terms

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Individual Retirement Accounts (IRA)
Type / Term Minimum
Balance
Interest
Rate
Annual Percentage
Yield
  Variable IRA ** $250 0.20% 0.20%
  Fixed IRA *** $1,000 *** ***


- Penalty for early withdrawals (including substantial tax penalties on IRAs)
- Fees could reduce earnings
- Interest is compounded daily
* Guaranteed renewable once at the same rate or higher.
** Variable rate is tied to 6 month CD rate; may change at any time determined by the Bank at our discretion.
*** Same as the term selected from the CDs listed of one year or longer.

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Loan Rates Effective 1/22/14
Mortgage Rates
Mortgages 3 years
Rate / APR
5 years
Rate / APR
7 years
Rate / APR

Residential- Credit Score <650
(Points: 1½)

5.65% / 6.67% 5.90% / 6.53% 6.15% / 6.61%
  Residential- Credit Score 650 to 699
(Points: 1)
4.55% / 5.22% 4.65% / 5.06% 4.90% / 5.20%
  Residential- Credit Score 700-749
(Points: 0)
3.60% / 3.60% 3.95% / 3.95% 4.15% / 4.15%
  Residential- Credit Score 750+
(Points: 0)
3.40% / 3.40% 3.65% / 3.65% 3.90% / 3.90%

For APR of 6.67%, 36 monthly payments of $302.64 per $10,000 borrowed.
For APR of 6.53%, 60 monthly payments of $192.86 per $10,000 borrowed.
For APR of 6.61%, 84 monthly payments of $146.81 per $10,000 borrowed.
For APR of 5.22%, 36 monthly payments of $297.69 per $10,000 borrowed.

For APR of 5.06%, 60 monthly payments of $187.11 per $10,000 borrowed.
For APR of 5.20%, 84 monthly payments of $140.87 per $10,000 borrowed.
For APR of 3.60%, 36 monthly payments of $293.46 per $10,000 borrowed.
For APR of 3.95%, 60 monthly payments of $183.94 per $10,000 borrowed.
For APR of 4.15%, 84 monthly payments of $137.38 per $10,000 borrowed.
For APR of 3.40%, 36 monthly payments of $292.58 per $10,000 borrowed.
For APR of 3.65%, 60 monthly payments of $182.59 per $10,000 borrowed.
For APR of 3.90%, 84 monthly payments of $136.23 per $10,000 borrowed.

  Mortgages 10 years
Rate / APR
15 years
Rate / APR
20 years
Rate / APR
25 years
Rate / APR
  Residential- Credit Score <650
(Points: 1½)
6.40% / 6.74% 6.90% / 7.14% 7.10% / 7.30% 7.35% / 7.52%
  Residential- Credit Score 650 to 699
(Points: 1)
5.10% / 5.32% 5.65% / 5.81% 6.10% / 6.23% 6.25% / 6.36%
  Residential- Credit Score 700-749
(Points: 0)
4.40% / 4.40% 4.75% / 4.75% 4.95% / 4.95% 5.20% / 5.20%
  Residential- Credit Score 750+
(Points: 0)
4.15% / 4.15% 4.50% / 4.50% 4.70% / 4.70% 5.00% / 5.00%

For APR of 6.74%, 120 monthly payments of $113.04 per $10,000 borrowed.
For APR of 7.14%, 180 monthly payments of $89.32 per $10,000 borrowed.
For APR of 7.30%, 240 monthly payments of $78.13 per $10,000 borrowed.
For APR of 7.52%, 300 monthly payments of $72.93 per $10,000 borrowed.
For APR of 5.32%, 120 monthly payments of $106.55 per $10,000 borrowed.
For APR of 5.81%, 180 monthly payments of $82.51 per $10,000 borrowed.
For APR of 6.23%, 240 monthly payments of $72.22 per $10,000 borrowed.

For APR of 6.36%, 300 monthly payments of $65.97 per $10,000 borrowed.
For APR of 4.40%, 120 monthly payments of $103.16 per $10,000 borrowed.
For APR of 4.75%, 180 monthly payments of $77.78 per $10,000 borrowed.
For APR of 4.95%, 240 monthly payments of $65.72 per $10,000 borrowed.
For APR of 5.20%, 300 monthly payments of $59.63 per $10,000 borrowed.

For APR of 4.15%, 120 monthly payments of $101.96 per $10,000 borrowed.
For APR of 4.50%, 180 monthly payments of $76.50 per $10,000 borrowed.
For APR of 4.70%, 240 monthly payments of $64.35 per $10,000 borrowed.
For APR of 5.00%, 300 monthly payments of $58.46 per $10,000 borrowed.


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New Vehicle Rates
Credit Score over 725 Credit Score 651-725 Credit Score less than 650 Term
  3.80% 4.90% 6.75% New Car or Truck - 24 months
  4.20% 5.20% 7.00% New Car or Truck - 36 months
  4.30% 5.50% 7.25% New Car or Truck - 48 months
  4.40% 5.70% 7.75% New Car or Truck - 60 months

For APR of 3.80%, 24 monthly payments of $43.34 per $1,000 borrowed.
For APR of 4.20%, 36 monthly payments of $29.61 per $1,000 borrowed.
For APR of 4.30%, 48 monthly payments of $22.71 per $1,000 borrowed.
For APR of 4.40%, 60 monthly payments of $18.50 per $1,000 borrowed
 
For APR of 4.90%, 24 monthly payments of $43.83 per $1,000 borrowed.
For APR of 5.20%, 36 monthly payments of $30.06 per $1,000 borrowed.
For APR of 5.50%, 48 monthly payments of $23.26 per $1,000 borrowed.
For APR of 5.70%, 60 monthly payments of $19.19 per $1,000 borrowed.
 
For APR of 6.75%, 24 monthly payments of $44.66 per $1,000 borrowed.
For APR of 7.00%, 36 monthly payments of $30.88 per $1,000 borrowed.
For APR of 7.25%, 48 monthly payments of $24.06 per $1,000 borrowed.
For APR of 7.75%, 60 monthly payments of $20.16 per $1,000 borrowed.
 

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Used Vehicle Rates
Year Normal APR Credit Score
650-750 (APR)
Credit Score
Over 750 (APR)
Term
  2013 & newer 8.75% 6.60% 5.50% Call for term
  2012 8.75% 6.65% 5.50% Call for term
  2011 8.75% 7.99% 5.75% Call for term
  2008-2010 9.99% 8.99% 7.99% Call for term
  2007 & Prior 13.99% 11.99% 9.99% Call for term

- 0.25% discount available when paid on an AFT basis and loan maturity is no longer than 60 months.

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Motorcycle Rates
Type Normal APR Credit Score
650-750 (APR)
Credit Score
Over 750 (APR)
Term
  New Road Bikes 8.00% 7.00% 5.50% Call for term
  Used Road Bikes 10.50% 9.25% 7.50% Call for term

- 0.25% discount available when paid on an AFT basis and loan maturity is no longer than 60 months.

Call or stop in for more loan rates.

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    Each depositor insured to at least $100,000
    The First National Bank of Groton
P.O. Box 38, 161 Main Street, Groton, NY 13073 • 41 S. Main Street, Moravia, NY 13118
(607) 898-5871 • (315) 497-2707
Buzz: (607) 898-9700 • (315) 497-2200