Rates

Certificates of Deposit

CD Rates
Term Length	Deposit Tier	Interest Rate	APY
6 Months	Tier 1 ($1,000.00+) Tier 2 ($100,000.00+)	0.24% 0.34%	0.24% 0.34%
1 Year	Tier 1 ($1,000.00+) Tier 2 ($100,000.00+)	0.34% 0.44%	0.34% 0.44%
2 Years	Tier 1 ($1,000.00+) Tier 2 ($100,000.00+)	0.47% 0.57%	0.47% 0.57%

All above accounts are compounded quarterly. A penalty will be imposed for early withdrawal. These accounts are also available for individual retirement accounts. A minimum of $1,000.00 required to open.

Insured Money Market Rates

CD Rates
Deposit Tier	Interest Rate	APY
Tier 1 ($1,000.00+)	0.07%	0.07%
Tier 2($100,000.00+)	0.17%	0.17%

The above account is compounded monthly and the interest rate is variable. The rate may change after the account is opened. Fees could reduce the earnings on the account. A minimum of $1,000.00 required to open.

Premium Insured Money Market Rates

CD Rates
Deposit Tier	Interest Rate	APY
Tier 1 ($1,000.00+)	0.12%	0.12%
Tier 2($100,000.00+)	0.22%	0.22%

The above account is compounded monthly and the interest rate is variable. The rate may change after the account is opened. Fees could reduce the earnings on the account. A minimum of $1,000.00 required to open. Premium IMMA has special conditions.

Checking and Savings Account Rates

CD Rates
Account Name	Minimum Deposit to Open	Interest Rate	APY
Totally Free Checking	$50.00	0.00%	0.00%
VIP Free Interest Checking¹	$50.00	0.05%	0.05%
Health Savings Account¹	$1.00	0.10%	0.10%
SLVFB Savings²	$100.00	0.11%	0.11%
Chipmunk Savings²	$1.00	0.11%	0.11%

¹These accounts are compounded monthly.

²These accounts are compounded daily.

The interest rate is variable and may change after the account is opened. Fees could reduce the earnings on the account. They require $1.00 minimum balance to obtain the APY.

MPF Fixed-Rate Mortgage Rates

CD Rates
Term Length	Loan to Value	Rate	APR	Origination Fee	Examples
30 Years	80%	5.50%	5.61%	1%	Example: $100,000.00 @ 5.50% = 360 payments of $567.79
20 Years	80%	5.25%	5.40%	1%	Example: $100,000.00 @ 5.25% = 240 payments of $673.84
15 Years	80%	5.00%	5.19%	1%	Example: $100,000.00 @ 5.00% = 180 payments of $790.79

MPF loan are sold mortgages, however SLVFB will retain the loan servicing.
1/12 of the annual taxes and hazard insurance premium can be included with the monthly principal and interest payment and will be paid by the bank on behalf of the borrower.

Adjustable-Rate Mortgage Rates

CD Rates
Term Length	Loan to Value	Rate	APR	Origination Fee	Examples
1 - 30 Years as 5/1 ARM¹	80%	4.50%	4.60%	1%	Example: $100,000.00 @ 4.50% = 360 payments of $506.69
1-30 Years as 7/1 ARM²	80%	4.645%	4.75%	1%	Example: $100,000.00 @ 4.645% = 360 payments of $515.34

¹Initial fixed rate is 60 months. Interest rate and payment may increase after initial fixed rate period.
²Initial fixed rate is 84 months. Interest rate and payment may increase after initial fixed rate period.
1/12 of the annual taxes and hazard insurance premium can be included with the monthly principal and interest payment and will be paid by the bank on behalf of the borrower.

Home Equity Line of Credit (HELOC) Rates

CD Rates
Term Length	Loan to Value	Rate	APR	Origination Fee	Examples
240 Months	80%	5.40%	5.40%	1% of Loan or $175.00 whichever is greater	$20,000 * 1.00% = $200.00 monthly payment
240 Months	85%	5.65%	5.65%	1% of Loan or $175.00 whichever is greater	$20,000 * 1.00% = $200.00 monthly payment

Monthly payments will be calculated at the greater of 1.00% of the outstanding principal balance or $50.00. Rates may increase after consummation. The maximum rate and APR will not exceed 6% above the initial rate and APR at loan consummation. Certain fees to third parties such as appraisers, credit reporting firms, etc. may pertain. These third-party fees may range from $545.05 to $1,500.85 or greater depending on the loan amount. Other fees may apply; contact our Loan Officers for a detailed estimate. Your minimum payments may not be sufficient to fully repay the outstanding principal on your line. If payments are insufficient to repay the principal balance in full, you may be required to pay the entire remaining outstanding balance in a single payment at maturity, or apply for loan renewal.

Auto Loan Rates

CD Rates
Loan Type	Term Length	Rate	APR	Document Preparation Fee	Examples
New to 4 Years Old (Fixed Rate)	1 to 84 months	4.54%	4.75%	$100.00	Example: $15,000.00 @ 4.54% APR = 60 payments of $281.35

Down payment subject to age and condition of vehicle, determined by the NADA retail value. Financing available up to a maximum of 100% loan to value.

Recreation Loan Rates

CD Rates
Loan Type	Term Length	Amount	Rate	APR	Document Preparation Type	Examples
Motorcycles, Snowmobiles, Jet Skis, ATVs, etc¹	48 Months (Max)	$1,000 - $4,999	7.19%	9.19%	$100	Example: $4,000.00 @ 9.19% APR = 48 payments of $99.90
Motorcycles, Snowmobiles, Jet Skis, ATVs, etc¹	48 Months (Max)	$5,000+	6.69%	7.11%	$100	Example: $8,000.00 @ 7.11% APR = 48 payments of $191.98
Motor Homes, Travel Trailers, Boats & Campers²	180 Months (Max)	$1,000 - $35,000	6.76%	6.81%	$100	Example: $22,000.00 @ 6.81% APR = 180 payments of $195.41
Motor Homes, Travel Trailers, Boats & Campers²	180 Months (Max)	$35,001+	6.17%	6.20%	$100	Example: $45,000.00 @ 6.20% = 180 payments of $384.62

¹Motorcycles, snowmobiles, jet skis, atv’s, etc: Terms are calculated on 12 months per every $2,000 financed up to a maximum term of 48 months. Up to a maximum of 70% financing.

²Motor Homes, Travel Trailers, Boats & Campers: Terms are calculated on 12 months per every $2,000 financed up to a maximum term of 180 months. Up to a maximum of 80% financing.
Down payment subject to age and condition of vehicle, determined by the NADA retail value.

Interest rates are subject to change without notice. Contact Bank for current rates. *APR (Annual Percentage Rate) – the actual cost of credit to the borrower, including interest and certain other charges, expressed as a yearly rate and calculated over the life of the loan.

If you need information on any of our additional loan products or rates, please call 719-589-6653 or toll-free 1-877-478-8625 to reach any of our loan professionals.