Posted on 27/12/2024 by admin
At Shore Community Bank, we offer competitive rates across our entire line of products.
AUTO LOANS | |
NEW AUTO | USED AUTO |
TermAnnual Percentage Rate36 Months7.55%48 Months7.75% | TermAnnual Percentage Rate36 Months9.00% |
PERSONAL UNSECURED LOANS | |
Term | Annual Percentage Rate |
1 to 5 years | 12.00% |
NOTES: Maximum auto loan amount limited to NADA ‘loan value’. Insurance required. Terms available for new auto loans: 36 months or 48 months. A term of 36 months is available for used auto loans. Payment example: $10,000 new car loan for 36 months priced at 7.55% results in a fixed monthly payment of $311.30 principal and interest. Interest rate on personal loan may vary. Personal loan maximum = $20,000. Terms available for Personal loans: 36 months, 48 months, or 60 months. |
Product | Interest Rate | Annual Percentage Yield | Min. Bal to Open | Min. Bal to Avoid Fee | Fee |
Reg. Personal Checking | _ | _ | $25 | _ | _ |
NJ Consumer1 Checking | _ | _ | $10 | _ | $3.00 |
Business Checking | _ | _ | $25 | $500 | $7.50 |
1Checks in excess of 8 per month incur a charge of $.50 each. | |||||
INTEREST CHECKING | |||||
Product | Interest Rate | Annual Percentage Yield | Min. Bal to Open | Min. Bal to Avoid Fee | Fee |
Senior1 Checking 55 & Over | 0.10% | 0.10% | $25 | _ | _ |
NOW2 | 0.10% | 0.10% | $25 | $500 | $10.00 |
Super NOW2 | $25 | $500 | $10.00 | ||
$0.01 -$9,999.99 | 0.10% | 0.10% | |||
$10,000 & over | 0.15% | 0.15% | |||
$50,000 & over | 0.15% | 0.15% | |||
Annual percentage yields assumes interest will remain on deposit, withdrawals will reduce earnings. Fees could reduce earnings. This is a variable rate account, interest subject to change without notice. 1 Minimum balance to obtain annual percentage yield $2,500, 2 Minimum balance to obtain annual percentage yield $ 0.01. |