Whether it’s our mortgage rates, personal loan rates or the rate we pay on deposits, Savings Institute Bank & Trust works hard to ensure that you enjoy the best rates possible. 

Certificates of Deposit

Rates Effective: 11/13/2018
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
27 Month Special**
With Active Savings Institute Checking Account2.96%3.00%$500.00$500.00
Without Active Savings Institute Checking Account2.71%2.75%$500.00$500.00
17 Month Access CD***
With Active Savings Institute Checking Account2.71%2.75%$500.00$500.00
3 Months0.15%0.15%$500.00$500.00
6 Months0.20%0.20%$500.00$500.00
1 Year0.25%0.25%$500.00$500.00
18 Month 0.30%0.30%$500.00$500.00
2 Year0.45%0.45%$500.00$500.00
3 Year0.75%0.75%$500.00$500.00
4 Year1.09%1.10%$500.00$500.00
5 Year1.14%1.15%$500.00$500.00
6 Year1.20%1.21%$500.00$500.00
*The APY (Annual Percentage Yield) is effective and accurate as of 11/13/2018. A penalty may be imposed for early withdrawal on all certificates of deposit. Fees could reduce earnings in account. Rates subject to change without notice. **An active checking account is an account that has had at least one deposit or withdrawal post and clear in the previous six months. Maximum deposit for 27 Month CD is $1,000,000. Offer is not available for municipalities. ***17 month Access CD is not available for Municipalities or Individual Retirement Accounts. An active checking account is an account that has had at least one deposit or withdrawal post and clear in the previous six months. Minimum $500 deposit required to open the account and earn the APY. Funds used to open the account must not currently be on deposit at Savings Institute Bank & Trust. Maximum deposit $1,000,000. You can withdraw your full balance and interest any time after the first 6 days following the date you funded the account. One early withdrawal is allowed per 17-month term. Additional early withdrawals are subject to substantial penalties.
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Checking

Rates Effective: 11/13/2018
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
Choice Alliance Checking.05%.05%$ 500.00$ 500.00
*The APY (Annual Percentage Yield) is effective and accurate as of 11/13/2018. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened.
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Money Market Special

Rates Effective: 11/13/2018
BalancesInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
$0.01 – $4999.990.05%0.05%$ 0.01$ 500.00
$5,000 – $24,999.990.10%0.10%$5,000.00
$25,000 – $49,999.990.15%0.15%$25,000.00
$50,000 - $999,999.990.20%0.20%$50,000.00
$1,000,000 - $9,999,999.990.25%0.25%$1,000,000.00
$10,000,000 and over0.10%0.10%$10,000,000.00
*The APY (Annual Percentage Yield) is effective and accurate as of 11/13/2018. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened.
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Savings Accounts

Rates Effective: 11/13/2018
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
Statement Savings0.05%0.05%$ 5.00$ 25.00
Variable Rate IRA**1.08%1.09%$ 0.01$ 50.00
*The APY (Annual Percentage Yield) is effective and accurate as of 11/13/2018. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened. **Variable Rate IRA rate is effective 11/1/2018 through 11/30/2018.
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Mortgage Loan Rates

Rates Effective: 11/16/2018
LoanInterest RatePointsAPR*Payment per $1,000
30 Year Fixed Rate Conventional Mortgage 5.000%0.0005.132%$5.37
15 Year Fixed Rate Conventional Mortgage4.625%0.0004.846%$7.71
10 Year Fixed Rate Conventional Mortgage 4.375%0.0004.686%$10.30
Construction to Permanent5.125%0.0005.290%$5.52
30 Year Fixed Jumbo Mortgage5.375%0.0005.438%$5.60
3/1 Adjustable Rate Mortgage*3.375%0.0005.102%$4.42
5/1 Adjustable Rate Mortgage*3.750%0.0004.970%$4.63
7/1 Adjustable Rate Mortgage*4.125%0.0004.952%$4.85
10/1 Adjustable Rate Mortgage*4.250%0.0004.833%$4.92

Rates are effective as of the date above. Rates and terms are subject to change without notice.

With the exception of Jumbo Mortgages, these rates are valid for mortgages up to $453,100 for single family, owner-occupied homes. *APR may increase or decrease after consummation of loan. Rate quoted is variable rate and will change annually after the initial fixed period of 3, 5, 7 or 10 years. The interest rate will be determined by adding the index to the margin.

  • Annual Percentage Rate (APR) is based on a $100,000 loan with a 20% down payment.
  • A loan with less than 20% down payment will require Private Mortgage Insurance ("PMI")
  • Savings Institute Bank & Trust is an approved lender for CHFA, VA, FHA and Rural Development.
  • The above rates assume a first mortgage for a purchase or refinance transaction of a single family, owner occupied primary residence.
  • To calculate your principal and interest use the "payment per $1,000.00" in the rate chart above.
Rates and terms are subject to change. Rates and APRs may vary depending on the details such as points paid, loan amount, Loan to Value and owner occupancy.

Home Equity Loan Rates

Rates Effective: 11/16/2018
LoanAPR*Interest RatePayment per $1,000
Home Equity Line of Credit
Special Introductory Rate**2.490%2.490%$4.50
Prime Rate5.250%5.250%$6.01
Home Equity Fixed Loan - 5 Year Term3.375%3.375%$18.14
Home Equity Fixed Loan - 10 Year Term4.375%4.375%$10.30
Home Equity Fixed Loan - 15 Year Term 4.875%4.875%$7.84

Rates are effective as of the date above. Rates and terms are subject to change without notice. Annual Percentage rate is based on a $10,000.00 loan.

For Home Equity Line of Credit: The Annual Percentage Rate (APR) is available for owner occupied 1-2 family residences with 20% equity and not currently listed for sale. Property insurance required. Min. Loan $10,000/Max Loan $250,000. The APR is variable based on the Prime Rate as published in The Wall Street Journal Eastern Edition. Prepayment penalty is the lesser of 2% of the credit line or $500.00 if paid off within the first 36 billing cycles. Maximum APR is 18.00%. $50.00 annual fee waived for the first year or every year for Choice Alliance, Flex, Cash Back, and e.SI Checking Customers. **This offer is not available for existing Savings Institute Bank & Trust Home Equity Line of Credit customers. The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in the Wall Street Journal Eastern Edition. The initial APR is 2.49%. This rate is in effect for 12 months. The non-discounted rate would be 5.25% APR, variable.

Home Equity Line of Credit Advance Disclosure - Introductory Rate
Home Equity Line of Credit Advance Disclosure - Prime Rate

*These APRs are for owner occupied 1-2 family residences not currently listed for sale.  $10,000 minimum and maximum loan $250,000.

Insti-Reserve Overdraft Protection

Rates Effective: 11/16/2018
LoanInterest RateAPR*Payment per $1,000
Personal Unsecured Loan - Insti Reserve Overdraft Protection15.000%15.000%$16.13
These interest rates and other loan terms are in effect as of the date shown above. We normally adjust these interest rates weekly but we may adjust any of our loan interest rates and terms at any time without notice. Please call to obtain today's rates. APR is a Annual Percentage Rate.

Auto Loans

Rates Effective: 11/16/2018
LoanInterest RateAPR*Payment per $1,000
New Auto Loan - 36 Month Term5.990%5.990%$30.42
New Auto Loan - 48 Month Term6.240%6.240%$23.60
New Auto Loan - 60 Month Term7.250%7.250%$19.92
Used Auto Loan - 36 Month Term7.500%7.500%$31.11
Used Auto Loan - 42 Month Term9.250%9.250%$27.96
Used Auto Loan - 48 Month Term9.750%9.750%$25.24
New Motorcycle Loan - 36 Month Term7.750%7.750%$31.22
New Motorcycle Loan - 48 Month Term8.000%8.000%$24.41
Used Motorcycle Loan - 36 Month Term10.250%10.250%$32.38
New RV - 60 Month Term7.750%7.750%$20.16
New RV - 120 Month Term8.000%8.000%$12.13
New RV - 180 Month Term8.250%8.250%$9.70
New RV - 240 Month Term8.500%8.500%$8.68
Used RV - 60 Month Term8.250%8.250%$20.40
Used RV - 120 Month Term8.750%8.750%$12.53
Used RV - 180 Month Term9.000%9.000%$10.14
These interest rates are in effect as of the date shown above. We normally adjust these interest rates weekly but we may adjust any of our loan terms at any time without notice. Please call to obtain today's rates. Minimum down payment of 25% is required on all used autos, motorcycles and RVs. Where a Minimum Downpayment is stated, we normally require a downpayment or existing equity of at least that percentage of the value, purchase price, or appraised value of the collateral. APR is an abbreviation for Annual Percentage Rate.