Deposit and Loan Rates

Disclosures

Share Account There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Limit of 6 withdrawals and/or transfers per month.  Effective fees may reduce dividend earned. See Fee Schedule. Advantage Checking, Powered by BaZing There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See Fee Schedule. Essential Checking  Account There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See Fee Schedule. Club Account There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Early withdrawal fee, per withdrawal, apply. Effective fees may reduce dividend earned. See Fee Schedule. Rate Information The dividend rate and annual percentage yield may change at any time, as determined by the credit union Board of Directors.

Disclosures

IRA/Savings Certificate

There is a $500 minimum requirement to open and a minimum balance requirement of $500 to earn the advertised annual percentage yield. A penalty will be imposed for early withdrawal. Effective fees may reduce dividend earned. See fee schedule.

**15 Month Special rate promotion subject to end without notice. $500 minimum requirement to open and minimum of $500 to earn the advertised APY. Rolls over to a 12-month term at maturity at prevailing rate. A penalty will be imposed for early withdrawal. Effective fees may reduce dividends earned.

IRA Savings Account

There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See fee schedule.

APY = Annual Percentage Yield

Rate Information

The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.

Mortgage Products And Disclosures

Fixed-Rate First Mortgage

• The actual interest rate and fees available to you will be based on your credit profile, property type, loan-to-value and other factors, and may be different than the rates advertised here
• The interest rates, annual percentage rates (APRs), points and rebates shown are subject to change without notice. Rates available for owner-occupied family residences
• The monthly payment amount shown includes principal and interest. Taxes, property insurance, and flood and mortgage insurance (if applicable) are not included in the monthly payment amount. Your actual monthly payment may be higher. An escrow account may be required
• Your APR will vary based on your final loan amount and finance charges
• Maximum 95% LTV for purchases. PMI will be required over 80% LTV

Adjustable Rate First Mortgage (ARM)

• The actual interest rate and fees available to you will be based on your credit profile, property type, loan-to-value and other factors, and may be different than the rates advertised here
• Payments do not include amounts for tax and insurance premiums (including flood insurance), if applicable, and the actual payment obligation may be greater
• Maximum 95% LTV for purchases. PMI will be required over 80% LTV
• Maximum loan amount is $453,100 for single family home
• Adjustable rate mortgages use the 1 Year Treasury Constant Maturity as the index, caps 2% and 6% and a floor of 2.75%
• 5/1 ARM has an interest rate that is initially fixed for five years then adjusts annually thereafter
• 7/1 ARM has an interest rate that is initially fixed for seven years then adjusts annually thereafter

Jumbo First Mortgage

• Payments do not include amounts for tax and insurance premiums, if applicable, and the actual payment obligation may be greater
• Available on mortgages over $424,100 for single family home
• Property and casualty insurance required. Flood insurance required if property in flood zone
• Maximum 90% LTV for purchases. PMI will be required over 80% LTV

MassHousing with Private Mortgage Insurance

• Up to 97% financing with no cash required on single family homes
• Up to 95% financing on 2-, 3-, and 4-family homes.
• Fixed rate terms; as little as 3% down
• Maximum income limits vary by city or town
• MI Plus™ mortgage insurance helps pay the mortgage in case of job loss
• Non-traditional credit allowed

Massachusetts Housing Partnership – One Mortgage

• No Private Mortgage Insurance (PMI) required
• 3% down payment—1.5% can be from a gift. Lower rates than conventional mortgages
• Property and casualty insurance required. Flood insurance required if property in flood zone
• Income restrictions apply

 FHA Loan

• 5% down payment—can be from a gift or a Down Payment Assistance Program (DAP). Check with your city or town to see if they offer a DAP
• No need to qualify for Mortgage Insurance Program separately
• Lower rates than conventional mortgages
• Non-occupied, co-borrower allowed
• Debt-to-income ratio up to 55%

USDA Loan

• No down payment required
• Low monthly guaranteed fee required (lower than PMI on conventional or FHA loan)
• Income and location restrictions apply

VA Loan

• No down payment required
• No monthly mortgage insurance; one-time funding fee

Membership eligibility requirements apply.