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Fixed Rate Certificate of Deposit & IRA CD Accounts
Rates Effective as of: January 31, 2012
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Term
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Minimum Balance (to Obtain APY)
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Interest Rate
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Annual Percentage Yield APY
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3 Months
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$1,000
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0.30%
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0.30%
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6 Months
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$1,000
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0.40%
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0.40%
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12 Months
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$1,000
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0.50%
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0.50%
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18 Months
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$1,000
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0.60%
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0.60%
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24 Months
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$1,000
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0.75%
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0.75%
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30 Months
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$1,000
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0.80%
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0.80%
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36 Months
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$1,000
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0.90%
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0.90%
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48 Months
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$1,000
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1.15%
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1.15%
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60 Months
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$1,000
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1.30%
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1.31%
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3 Months
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$50,000
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0.35%
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0.35%
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6 Months
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$50,000
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0.45%
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0.45%
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12 Months
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$50,000
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0.55%
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0.55%
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18 Months
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$50,000
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0.65%
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0.65%
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24 Months
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$50,000
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0.80%
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0.80%
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30 Months
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$50,000
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0.85%
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0.85%
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36 Months
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$50,000
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0.95%
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0.95%
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48 Months
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$50,000
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1.20%
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1.21%
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60 Months
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$50,000
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1.35%
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1.36%
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30 Days
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$100,000
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0.30%
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0.30%
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3 Months
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$100,000
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0.40%
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0.40%
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6 Months
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$100,000
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0.50%
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0.50%
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12 Months
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$100,000
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0.60%
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0.60%
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18 Months
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$100,000
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0.70%
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0.70%
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24 Months
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$100,000
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0.85%
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0.85%
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30 Months
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$100,000
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0.90%
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0.90%
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36 Months
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$100,000
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1.00%
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1.00%
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48 Months
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$100,000
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1.25%
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1.26%
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60 Months
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$100,000
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1.40%
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1.41%
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Liquid CD: 12 Month Term
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$5,000
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0.30%
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0.30%
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IRA CDs can be opened for a period of 6 months or longer.
CDs with terms one year or longer earn interest quarterly.
APY is based on interest left in the account for one year.
There is a substantial penalty for early withdrawal.
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Variable Rate Accounts
Rates Effective as of :January 31, 2012
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Variable Rate Interest Bearing Accounts
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Minimum Balance ( to Obtain APY)
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Interest Rate
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Annual Percentage Yield APY *
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Statement Savings1
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Any
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0.50%
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0.50%
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Passbook Savings1
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Any
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0.50%
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0.50%
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Savings IRA 1
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Any
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0.30%
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0.30%
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N.O.W. Account
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Less than $2,500
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0.10%
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0.10%
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N.O.W. Account
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$2,500
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0.10%
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0.10%
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HSA N.O.W.
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Any
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0.30%
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0.30%
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Money Market
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$1,000
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0.10%
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0.10%
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Money Market
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$10,000
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0.35%
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0.35%
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Money Market
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$25,000
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0.45%
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0.45%
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Money Market
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$100,000
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0.85%
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0.85%
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Money Market
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$250,000
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1.00%
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1.00%
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1$100 Minimum Balance is required to open a Savings or IRA Savings account.
*VARIABLE RATE ACCOUNTS: Interest rate and annual percentage yield may change at our discretion. We may change the interest rate on your account every week.
All Interest Rates and Annual Percentage Yields are accurate as of the date shown: subject to change without notice. The disclosed Annual Percentage Yield assumes that interest will remain on deposit for one year. Fees or withdrawals of Interest will reduce earnings. There is a substantial penalty for the early withdrawal of a CD.
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Vehicle Loan Rates
Effective as of: February 3, 2012
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Year
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Term
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Processing Fee
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Rate
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APR*
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Payment*
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2012
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3
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$99
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6.200%
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6.880%
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$305.17
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2012
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4
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$99
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6.700%
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7.221%
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$238.11
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2012
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5
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$99
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6.950%
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7.375%
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$197.81
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Used 2011
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4
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$99
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7.500%
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8.025%
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$241.83
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Used 2010
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3.5
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$99
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8.000%
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8.598%
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$273.82
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Used 2009
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3
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$99
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8.500%
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9.191%
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$315.73
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Used 2008
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2.5
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$99
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9.000%
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9.824%
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$373.56
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Used 2007
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2
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$99
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9.500%
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10.515%
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$459.24
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* (Annual Percentage Rate) APR's and monthly payments are based on a loan amount of $10,000; $99 Processing Fee & $18 collateral insurance fee on all vehicle loans; $5,000 minimum loan amount; 6-month minimum term. Maximum loan-to-value is 90% of the purchase price not including taxes, fees, or costs for new cars and 90% of the trade-in value for used cars.
AUTOMOBILE BUYER'S GUIDES: EDMUNDS
Rates are subject to change at any time.
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Secured Loan (Marketable Securities)Rates
Effective as of: February 3, 2012
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Type
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Loan Amount
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Term
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Processing Fee
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Interest Rate
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APR*
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Payment*
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Secured (Stock)
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$10,000
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3 years
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$99
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6.000% (prime rate floating, 6.00% floor, 19.00% ceiling)
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6.678%
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$304.26
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Secured (C.D./Savings Account)
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$5,000
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3 years
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$99
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4.500%
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5.834%
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$148.73
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*(Annual Percentage Rate) APR's and monthly payment are based on sample loan amounts shown. The APR and monthly payments will change with the Prime Rate. The current Wall Street Journal Prime Rate is 3.25% (effective 07/10/09). Maximum term of 3 years. The loan-to-value requirement will vary depending upon the type and quality of the securities.
Savings and CD secured loans will have a fixed interest rate established at 3.0% above the rate paid on the collateral account as of the loan commitment date subject to a minimum interest rate of 4.50%. Maximum term of 5 years but not to exceed maturity date of CD.
$5,000 minimum loan amount.
Rates are subject to change at any time.
Forest Park National Bank & Trust Co. offers commercial loans, and will consider other secured loans on a case by case basis. Please call a Personal Banker for more information.
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Residential Balloon Mortgage Loans
Effective as of: February 3, 2012
1-4 units only
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Term/Amortization
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Interest Rate
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APR*
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Points
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Payment*
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Owner Occupied 3/15 Balloon
Up to 80% LTV
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4.125%
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4.285%
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0.0%
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$745.97
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Owner Occupied 3/30 Balloon
Up to 80% LTV
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4.250%
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4.402%
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0.0%
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$491.94
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*Annual Percentage Rate
A 3/15 balloon mortgage has monthly principal and interest payments that are calculated based on a 15 year amortization period and one final balloon payment at the end of the 3 year term of all outstanding principal and interest. A 3/30 balloon mortgage has monthly principal and interest payments that are calculated based on a 30 year amortization period and one final balloon payment at the end of the 3 year term of all outstanding principal and interest.
- APR's (Annual Percentage Rate)and monthly payments are based on a loan amount of $100,000, $325 processing fee, $18 flood determination fee and $74 tax monitoring fee. Applicant is responsible for all costs.
- For Jumbo, Investment, and Bridge Loan rates, please speak with a Personal Banker.
- For Commercial loan rates, please speak with our Business Services Manager.
- For specific loan requirements and costs, please speak with a Personal Banker.
Conforming loan limits are:
One Unit $417,000
Two Units $533,850
Three Units $645,300
Four Units $801,950
Rates are subject to change at any time.
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Bracketed Rate Home Equity First Position Loan Promotion With Automatic Payment**
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Outstanding Loan Balance
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Interest Rate
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APR* (5.00% floor rate, 19.00% ceiling rate)
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$49,999.99 and under
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WSJ Prime Rate + 1.00%
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5.00%
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$50,000 - $99,999.99
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WSJ Prime Rate + 0.75%
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5.00%
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$100,000 and above
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WSJ Prime Rate + 0.50%
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5.00%
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*Annual Percentage Rate.
**The rate and APR include a 0.25% discount for automatic loan payments from a Forest Park National Bank checking account for the life of the loan. If no automatic payment is made, the 0.25% discount to the rate and APR does not apply for that billing cycle.
Rates are subject to change at any time.
Additional terms for all home equity lines of credit: minimum line of $10,000, $50 annual fee, $350 cost recovery fee if line is paid and closed in the first two years, 5.00% floor rate, 19.00% ceiling rate, and 5 year term. Closing costs paid by FPNB limited to appraisal, flood determination, title insurance, tax monitoring & recording fees. Property insurance required; flood insurance may be required. The maximum CLTV is 80%. If used to refinance an existing home equity line, a conversion fee of $300 applies. The APR (annual percentage rate) and monthly payments change with the Prime Rate. The current Wall Street Journal Prime Rate is 3.25% (effective 7/10/2009). To qualify, collateral must be owner occupied as principal residence. Vacation homes, second homes, homes occupied by other family members and investment properties are not eligible. Loan must represent 1st or 2nd lien only. Tax escrow required for any CLTV greater than 65%, unless 1st lienholder is collecting an escrow. Consult your tax advisor regarding the deductibility of interest.
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Bracketed Rate Home Equity Second Position Loan Promotion with Automatic Payment**
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Outstanding Loan Balance
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Interest Rate
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APR*(5.00% floor rate, 19.00% ceiling rate)
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$49,999.99 and under
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WSJ Prime Rate + 1.25%
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5.00%
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$50,000.00 - $99,999.99
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WSJ Prime Rate + 1.00%
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5.00%
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$100,000 and above
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WSJ Prime Rate + 0.75%
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5.00%
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*Annual Percentage Rate.
**The rate and APR include a 0.25% discount for automatic loan payments from a Forest Park National Bank checking account for the life of the loan. If no automatic payment is made, the 0.25% discount to the rate and APR does not apply for that billing cycle.
Rates are subject to change at any time.
Additional terms for all home equity lines of credit: minimum line of $10,000, $50 annual fee, $350 cost recovery fee if line is paid and closed in the first two years, 5.00% floor rate, 19.00% ceiling rate, and 5 year term. Closing costs paid by FPNB limited to appraisal, flood determination, title insurance, tax monitoring & recording fees. Property insurance required; flood insurance may be required. The maximum CLTV is 80%. If used to refinance an existing home equity line, a conversion fee of $300 applies. The APR (annual percentage rate) and monthly payments change with the Prime Rate. The current Wall Street Journal Prime Rate is 3.25% (effective 7/10/2009). To qualify, collateral must be owner occupied as principal residence. Vacation homes, second homes, homes occupied by other family members and investment properties are not eligible. Loan must represent 1st or 2nd lien only. Tax escrow required for any CLTV greater than 65%, unless 1st lienholder is collecting an escrow. Consult your tax advisor regarding the deductibility of interest.
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Home Equity Loan (Fixed) Loans Rate
Effective as of: February 3, 2012
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Term:
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Interest Rate
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APR*
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Payment*
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Term:
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5/15
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5.50%
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5.595%
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$122.56
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60 months
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*Above APRs (annual percentage rates) and payments are based on a $15,000 loan amount, 15 year amortization, $18 flood determination fee and $37 tax monitoring fee. $5,000 minimum loan amount, 5 year term, and 15 year maximum amortization apply. A final balloon payment of all remaining principal and interest is due at the end of the loan term. Property insurance required; flood insurance may be required. The maximum CLTV is 80%. Applicant is responsible for all costs. To qualify, collateral must be owner occupied as principal residence. Vacation homes, second homes, homes occupied by other family members and investment properties are not eligible. Loan must represent 1st or 2nd lien only. Tax escrow required for any CLTV greater than 65%, unless 1st lienholder is collecting an escrow.
Rates are subject to change at any time.
Please contact a Personal Banker for more details.
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Mortgage Loan Rates
Effective as of: December 02, 2011
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Term
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Interest Rate
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APR*
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Monthly Principal and Interest Payment
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15-Year
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3.625%
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3.757%
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$1,442.07
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30-Year
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4.250%
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4.315%
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$983.88
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*Each Annual Percentage Rate (APR) listed above is based on a loan amount of $200,000 with 0 points, 25% down payment(purchase) or equity position (refinances), and a 740 or higher FICO (credit) score. This is a fixed rate loan for the term listed above and available for a 1 unit owner-occupied principal residence property. Rates for other scenarios can be quoted upon request.
RATES ARE SUBJECT TO CHANGE AT ANY TIME.
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Equal Housing Lender