National Grand Bank

Rates

Account Interest Rates APY*
Savings/NOW Account
Savings** 0.10% 0.10%
NOW** 0.05% 0.05%
*APY = Annual Percentage Yield
** Minimum daily balance of $10 to obtain the disclosed APY
*** You must maintain a minimum daily balance of $1 to obtain the disclosed APY.

The interest rate and Annual Percentage Yields (APY) may change. Fees may reduce the earnings on NOW accounts.
Money Market Deposit Account
$1 to $999 0.05% 0.05%
$1,000 to $24,999 0.10% 0.10%
$25,000 to $49,999 0.15% 0.15%
$50,000 to $99,999 0.20% 0.20%
$100,000 to $249,999 0.30% 0.30%
$250,000 & above 0.35% 0.35%
The interest Rate and Annual Percentage Yield (APY) may change. Fees may reduce the earnings on Money Market Accounts
Certificate of Deposit
3 Months 0.15% 0.15%
6 Months 0.20% 0.20%
1 Year 0.30% 0.30%
18 Months 0.45% 0.45%
2 Years 0.55% 0.55%
30 Months 0.60% 0.60%
3 Years 0.80% 0.80%
4 Years 1.00% 1.00%
5 Years 1.19% 1.20%
60 Month Step-Up** 1.98% 2.00%

Individual Retirement Accounts
Money Market See Money Market Rates
1 Year 0.30% 0.30%
18 Months 0.45% 0.45%
2 Years 0.55% 0.55%
30 Months 0.60% 0.60%
3 Years 0.80% 0.80%
4 Years 1.00% 1.00%
5 Years 1.20% 1.20%
60 Month Step-Up** 1.98% 2.00%

The Annual Percentage Yield (APY) assumes that the current interest rate will be in effect for one year and that the interest credited remain on deposit.
A withdrawal of interest will reduce earnings.

These rates are for informational purposes only. Due to rapid market fluctuations the actual interest rate you receive could be different.

Substantial penalty for early withdrawal.

** The Annual Percentage Yield (APY) for the 60 Month CD is 2.00% as of 12/17/14. The disclosed APY assumes the interest remains on deposit for the term of the deposit. $1,000. minimum deposit required to open account and obtain APY. The rate may change after the account is opened. The 60 Month Step-Up CD allows one rate increase (at the customer's discretion) during the initial 60 month term. The rate increase will require the CD to rollover for a new 60 month term at the new rate. CD's must be opened at the main branch of National Grand Bank which is located at 91 Pleasant Street Marblehead, MA 01945. Product offering may be withdrawn at any time. Fees and other conditions may reduce earnings on accounts; ask for details. For other terms and fees, please refer to account disclosures available at account opening and upon request. A penalty may be imposed for early withdrawals. The FDIC (Federal Deposit Insurance Corporation) insures all deposits up to $250,000 per depositor relationship. For personal accounts only. Limited time offer. 
Term Rate Points APR* Payment/$1,000
Conforming Program (up to $417,000)
15 year fixed Call us for a quote
30 year fixed Call us for a quote
1 year adjustable** Call us for a quote
3/1 year adjustable** Call us for a quote
5/1 year adjustable** Call us for a quote
7/1 year adjustable** Call us for a quote
Jumbo Loans (over $417,000)
15 year fixed
Call
us
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quote
30 year fixed Call us for a quote
1 year adjustable** Call us for a quote
3/1 year adjustable** Call us for a quote
5/1 year adjustable** Call us for a quote
Home Equity Line of Credit ($100,000 limit) -- Currently 5.000%
* Annual Percentage Rate
** Annual Percentage Rate (APR) may increase after consummation
All rates subject to change without notice
Some restrictions may apply
All mortgage loan products assume 20% down
Loan Rates
Loan Rate APR* Rate with Auto Deduct from NGB Acct. APR* with Auto Deduct from NGB Acct Term (max)
Installment Loans

New Car (current & prior model year 20% down

4.50% 4.50% 4.00% 4.00% 36 months
4.50% 4.50% 4.00% 4.00% 48 months
4.50% 4.50% 4.00% 4.00% 60 months
Used Car (25% down) 5.00% 5.00% 4.50% 4.50% 36 months
5.00% 5.00% 4.50% 4.50% 48 months
5.00% 5.00% 4.50% 4.50% 60 months
User Car (5+ Years 25% down) 10.50% 10.49% 10.00% 9.99% 36 months
Home Improvements ($7,500 max) 10.00% 9.99% N/A N/A 60 months
Personal Loans Unsecured 12.50% 12-36 months
13.50% 48-60 months
Time Loans
Unsecured
Under $10,000 9.50% 9.50%
Over $10,000 8.00% 8.00%
Secured
Under $10,000 8.50% 8.50%
Over $10,000 7.50% 7.50%
*Annual Percentage Rate (APR)
Annual Percentage Rate (APR) may increase after consummation
All rates subject to change without notice
Some restrictions may apply
Marine Financing** New Boat New Boat Used Boat Used Boat Term
Up to $10,000 7.50% 7.48% 8.50% 8.49% up to 60 months
$10,000 to $24,999 7.50% 7.50% 8.50% 8.50% up to 10 years
$25,000 and above 7.50% 7.50% 8.50% 8.50% up to 15 years
*Annual Percentage Rate
**Not eligible for Auto deduct