Current Rates

Check back often to see our latest, competitive rates.

This is your resource for current mortgage rates, as well as rates for CDs, IRAs, checking accounts and savings accounts.

Mortgage Rates

Effective Date: Saturday, July 20, 2024

RatePointsAPRPayment**
30 Year Fixed6.750%0.0006.792%$1,297.20
15 Year Fixed6.375%0.0006.443%$1,728.50
Disclaimer

** Payment based per $200,000 amount

Columns labeled “APR” refer to the “Annual Percentage Rate”. For definitions of these and other home mortgage terms visit Mortgage Terms & Definitions.

ANNUAL PERCENTAGE RATE (APR) IS BASED ON $100,000 LOAN AMOUNT WITH 20% DOWNPAYMENT. LOANS WITH LTV’S GREATER THAN 80% REQUIRE PRIVATE MORTGAGE INSURANCE. APR-To make it easier for consumers to compare mortgage loan interest rates, the federal government developed a standard format called an “Annual Percentage Rate” or APR to provide an effective interest rate for comparison shopping purposes. Some of the costs that you pay at closing are factored into the APR for ease of comparison. Your actual monthly payments are based on the interest rate, not the APR. Special Information for all adjustable rate mortgages- The interest rates are subject to change and may increase or decrease due to market-driven changes to the index. For information regarding our arm products, margins, caps and indexes, please call 877-757-7815. RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

CDs & IRAs

Effective Date: Saturday, July 20, 2024

Minimum Balance
to Earn APY
Interest RateAPY
6 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 5.20% APY*
4.97%5.10%
12 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.60% APY*
4.40%4.50%
18 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.35% APY*
4.17%4.25%
3-Month CD$500.15%.15%
Youth 6-Month CD$75.40%.40%
6-Month CD$500.40%.40%
12-Month CD$500.60%.60%
2-Yr CD$500.70%.70%
3-Yr CD$500.80%.80%
4-Yr CD$500.90%.90%
5-Yr CD$5001.04%1.05%
IRA/SEP Savings-Variable Rate$25.08%.08%
Disclaimer

*Annual Percentage Yield (APY) is accurate as of May 10, 2024. Commercial, Business and Personal accounts qualify. Individual Retirement Accounts included. E-statement only. The account will not earn interest below the minimum qualifying balance.

Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.

A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/SEPs invested in certificates of deposit.

Kasasa Rates

Effective Date: Saturday, July 20, 2024

Kasasa Cash®Kasasa Cash Back®Kasasa Tunes®
Free Checking
Monthly reward when qualifications are met**5.00% APY* paid on balances up to $15,000 if qualifications are met. .20% APY* on balances of $15,000 and over. .05% APY* on all balances even if qualifications aren't met.3.00% cash back on debit card purchases---that's up to $6.00 per month.Up to $5 in refunds on iTunes®, Amazon® & Google Play™ purchases each month. $20 in refunds for opening an account
Refunds on ATM fees, nationwide***Up to $20 per month***Up to $20 per month***Up to $20 per month***
No minimum balance to earn rewards
No monthly maintenance fees
Kasasa Saver® available
Minimum deposit to open$25$25$25
Free debit card & online banking
Unlimited checking
Disclaimer

*Annual Percentage Yield as of May 10, 2024 and can change at any time.

** Qualification cycle means the period beginning on the 2nd Wednesday of the month through the business day prior to the 2nd Wednesday of the following month

***ATM fees up to $4.99 per transaction incurred during the monthly qualification cycle (maximum reimbursement is $20.00 per monthly qualification cycle) when the qualifications are met each monthly qualification cycle.

Personal Savings Accounts

Effective Date: Saturday, July 20, 2024

Minimum to
Open Account
Minimum Balance
to Earn APY
Interest RateAPY
Statement Savings *
Variable Rate
$50$50.08%.08%
Youth Statement Savings
Variable Rate
$1$4.08%.08%
Savers Club
Variable Rate
$2$2.10%.10%
Money Market Account*
Variable Rate ¹
$1,000$1,000.00-$9,999.99.05%.05%
$10,000-$49,999.99.15%.15%
$50,000-$99,999.99.25%.25%
$100,000-$499,999.99 .35%.35%
$500,000.00-over.40%.40%
Health Savings Account *
Variable Rate
$25$1.05%.05%
$1,000.05%.05%
$5,000.10%.10%
$15,000.15%.15%
Disclaimer

Annual Percentage Yield (APY) is accurate as of effective date listed above.

The rate may change on variable rate deposit products after the account is opened.

All rates are subject to change without notice.

* Fees could reduce the earnings on the account.

¹ This is a tiered rate account.  The interest rate paid will be based on balances defined by tier.

Business Checking & Savings Accounts

Effective Date: Saturday, July 20, 2024

Minimum to
Open Account
Minimum Balance
to Earn APY
Interest RateAPY
Non-Profit Plus
Variable Rate
$500$10,000.05%.05%
$50,000.20%.20%
Business NOW Account$500$500.05%.05%
Money Market Account*
Variable Rate ¹
$1000$1,000.00-$9,999.99 .05%.05%
$10,000-$49,999.99.15%.15%
$50,000-$99,999.99.25%.25%
$100,000-$499,999.99.35%.35%
$500,000-over.40%.40%
Disclaimer

Annual Percentage Yield (APY) is accurate as of effective date listed above.

All rates are subject to change without notice.

The rate may change on variable rate deposit products after the account is opened.

* Fees could reduce the earnings on the account.

¹ This is a tiered rate account. The interest rate paid will be based on balances defined by tier.