Business Banking Personal Banking Savings & Investments Loans & Mortgages

Fixed Rate Certificate of Deposit & IRA CD Accounts
Rates Effective as of: July 13, 2016
Term
Minimum Balance (to Obtain APY)
Interest Rate
Annual Percentage Yield APY
3 Months
$1,000
0.10%
0.10%
6 Months
$1,000
0.10%
0.10%
12 Months
$1,000
0.20%
0.20%
18 Months
$1,000
0.25%
0.25%
24 Months
$1,000
0.30%
0.30%
30 Months
$1,000
0.35%
0.35%
36 Months
$1,000
0.40%
0.40%
48 Months
$1,000
0.55%
0.55%
60 Months
$1,000
0.85%
0.85%
3 Months
$50,000
0.15%
0.15%
6 Months
$50,000
0.15%
0.15%
12 Months
$50,000
0.25%
0.25%
18 Months
$50,000
0.30%
0.30%
24 Months
$50,000
0.35%
0.35%
30 Months
$50,000
0.40%
0.40%
36 Months
$50,000
0.45%
0.45%
48 Months
$50,000
0.60%
0.60%
60 Months
$50,000
0.90%
0.90%
30 Days
$100,000
0.10%
0.10%
3 Months
$100,000
0.20%
0.20%
6 Months
$100,000
0.20%
0.20%
12 Months
$100,000
0.30%
0.30%
18 Months
$100,000
0.35%
0.35%
24 Months
$100,000
0.40%
0.40%
30 Months
$100,000
0.45%
0.45%
36 Months
$100,000
0.50%
0.50%
48 Months
$100,000
0.65%
0.65%
60 Months
$100,000
0.95%
0.95%
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.



Variable Rate Accounts
Rates Effective as of July 13, 2016
Variable Rate Interest Bearing Accounts
Minimum Balance ( to Obtain APY)
Interest Rate
Annual Percentage Yield APY *
Statement Savings1
Any
0.10%
0.10%
Passbook Savings1
Any
0.10%
0.10%
Savings IRA 1
Any
0.10%
0.10%
N.O.W. Account Tier 1
Less than $2,500
0.05%
0.05%
N.O.W. Account
$2,500
0.05%
0..05%
HSA N.O.W.
Any
0.10%
0.10%
Money Market
$1,000
0.05%
0.05%
Money Market
$10,000
0.05%
0.05%
Money Market
$25,000
0.15%
0.15%
Money Market
$100,000
0.30%
0.30%
Money Market
$250,000
0.45%
0.45%
1$100 Minimum Balance is required to open a Savings, NOW Account Tier 1, 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.



Consumer Vehicle Loan Rates
Accurate as of: January 1, 2017
Year
Term - Months
Processing Fee
Rate
APR*
Payment*
2016/2017
36
$99
2.84%
3.62%
$290.11
2016/2017
48
$99
3.00%
3.59%
$221.35
2016/2017
60
$99
3.59%
4.07%
$182.33
Used 2016
48
$99
4.49%
5.09%
$228.00
Used 2015
42
$99
4.75%
5.43%
$258.92
Used 2014
36
$99
5.25%
6.04%
$300.84
Used 2013
30
$99
5.75%
6.69%
$358.68
Used 2012
24
$99
6.25%
7.42%
$444.36
*APR's(Annual Percentage Rates)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. Borrower is responsible for fees which may be assessed by the Secretary of State. Maximum loan-to-value for new and used vehicles purchased from a dealer is 90% of the purchase price excluding taxes, fees, or costs for new vehicles and 90% of the NADA average trade-in value for used cars. Rates are subject to change at any time. Ask about rates and terms for older model vehicles and classic/collector cars. Proof of insurance with full coverage for liability and collision is required.




Consumer Secured Loan (Marketable Securities or CD Secured Rates)
Effective as of: January 1, 2017
Type
Loan Amount
Term
Processing Fee
Interest Rate
APR
Payment*
Secured (Stock)
$10,000
3 years
$99
6.00%*
6.67%**
$304.24
Secured (C.D./Savings Account)
$5,000
3 years
$99
1.90%
3.22%***
$143.00***
*Prime Rate Floating, 6.00% floor, 19.00% ceiling

**APR's (Annual Percentage Rate) and monthly payment are based on $10,000 loan amount, $99 processing fee, & a 3 year term. The APR and monthly payments will change with the Prime Rate. The current Wall Street Journal Prime Rate is 3.75% (effective 12/15/16). Maximum term of 3 years. $5,000 minimum loan amount. The loan-to-value requirement will vary depending upon the type and quality of the securities.

***APR and monthly payment are based on a $5000 loan amount, $99 processing fee, & a 3 year term. Savings and CD secured loans will have a fixed interest rate established at 1.50% above the rate paid on the collateral account as of the loan commitment date. For illustration purposes, the rate shown is based on a CD rate of 0.40%. Maximum loan term of 5 years. Loan term may not exceed maturity date of CD.

$2,500 minimum loan amount.


Commercial/Other Loans
Forest Park National Bank & Trust Co. offers commercial loans and bridge loans. Please contact a Loan Officer for details.




Consumer Residential 5/1 Adjustable Rate Mortgage (ARM*)
Term
Rate*
APR**
Points
Payment**
5/1 ARM - Owner Occupied (1-4 units only, 80% LTV or less
360
4.000%
3.726%
0
$477.42
5/1 ARM - Owner Occupied (1-4 units only, 80% LTV or less)
180
3.750%
3.629%
0
$727.22
*Adjustable rate loans and payments are subject to change during the loan term. That change can increase or decrease your monthly payment and your Annual Percentage Rate (APR).
**APR's and monthly payments are based on a loan amount of $100,000, $495 processing fee, $16 flood determination fee, and $84 tax monitoring fee. Payment amounts shown do not include escrow for property taxes and insurance which may be required. The actual payment obligation may be higher. Applicant is responsible for all costs. Property insurance required; flood insurance may be required. Rates above apply to conforming loans. The conforming loan limits are: 1-Unit $424,100, 2-Units $543,000, 3-Units $656,350, 4 Units - $815,650. See a Loan Officer for jumbo rates. Consult your tax advisor regarding the deductibility of interest. Rates and terms subject to change at any time. Loans are subject to credit review and approval. Ask about rates for loans secured by owner occupied second homes.
*APR = Annual Percentage Rate. This is not a commitment to lend. Credit and collateral are subject to approval and other terms and conditions. Programs, rates, terms and conditions are subject to change at any time without notice.





Home Equity Loan - 5/1 Adjustable Rate Junior Mortgage (ARM*)
Rate*
APR**
Payment**
Term
5/1 ARM - Primary Residence
5.000%
5.365%
$118.62
180 Months
*Adjustable rate loans and payments are subject to change during the loan term. That change can increase or decrease your monthly payment and your Annual Percentage Rate (APR).

**Above APR and payment are based on a $15,000 loan amount, $495 processing fee, 15 year amortization, $16 flood determination fee and $84 tax monitoring fee. Payment amounts shown do not include escrow for property taxes and insurance which may be required. The actual payment obligation may be higher. $15,000 minimum loan amount,15 year term, and 15 year maximum amortization apply. Property insurance required; flood insurance may be required. The maximum CLTV for a home equity loan secured by a 1-2 unit property is: 80% with FPNB 1st lien and 75% w/NON-FPNB 1st lien. The maximum CLTV for a home equity loan secured by a 3-4 unit property is: 75% w/FPNB 1st lien and 70% w/NON-FPNB 1st lien. To qualify, collateral must be owner occupied as principal residence. Ask about rates for loans secured by owner occupied second homes. Consult your tax advisor regarding the deductibility of interest. Rates and terms subject to change at any time. Loans are subject to credit review and approval. Applicant is responsible for all costs.
APR = Annual Percentage Rate. This is not a commitment to lend. Credit and collateral are subject to approval and other terms and conditions. Programs, rates, terms and conditions are subject to change at any time without notice.



Consumer Home Equity Line of Credit (HELOC) Variable Rate (accurate as of 12/17/16)
Collateral
Rate
APR
First Lien on Owner Occupied Primary Residence
WSJ Prime Rate (floating) + .5% (floor rate: 3.75% ) Floor with Autodebit is 3.50%
4.00%
Junior Lien on Owner Occupied Primary Residence
WSJ Prime Rate (floating) + 1,0% (floor rate: 4.250%) (Floor with autodebit is 4.0%)
4.50%
Borrowers will earn a 0.25% discount to rates quoted above, including floor rate, for automatic loan payments made 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. Additional terms for all home equity lines of credit: minimum line of $15,000 and maximum line of $500,000, $50 annual fee (waived the first year). The line will have a 15 year term consisting of a 5 year draw period followed by a 10 year, fully amortizing, repayment period. If the line is paid and closed within the first three years of origination, a $450 cost recovery fee will apply. 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 for a home equity line secured by a 1st lien is: 80% for 1-2 unit properties and 75% for 3-4 unit properties. The maximum CLTV for a home equity line secured by a junior lien is: 80% for 1-2 unit properties w/FPNB 1st lien; 75% for 1-2 unit properties w/NON-FPNB 1st lien; 75% for 1-2 unit properties w/NON-FPNB 1st lien; 75% for 3-4 unit properties w/FPNB 1st lien; and 70% for 3-4 unit properties w/NON-FPNB 1st lien. The APR and monthly payments change with the Prime Rate as published in the Wall Street Journal. However, the APR will never exceed 18.00%. The current Prime Rate is 3.75% accurate as of 12/17/16. To qualify, collateral must be owner occupied as principal residence. Tax escrow may be required. Consult your tax advisor regarding the deductibility of interest. Rates and terms subject to change at any time. Loans are subject to credit review and approval. Ask about Home Equity Lines of Credit secured by owner occupied second homes.


Personal Online Banking
Personal Online Banking Demo Personal Online Banking Enrollment
Business Online Banking
Business Online Banking Demo
 
Online Banking Survey
Mobile BankingOnline BankingBank-by-PhoneFinancial CalculatorsCommunity ResourcesAbout UsContact UsSwitch Kit

Member FDIC Home | PRIVACY POLICY | Terms of Use | USA PATRIOT ACT | Business Banking
Personal Banking | Savings & Investments | Loans & Mortgages | Online Banking | FDIC Information
Equal Housing Lender
     
link to locations and hours