Current Rates

For any further questions or inquiries please contact your local branch.

Checking Rates

Account Minimum Balance  Interest Rate  Annual Percentage Yield
Negotiable Order of Withdrawal (NOW) $1,000 .20% .20%

Savings Rates

Account Minimum Balance  Interest Rate  Annual Percentage Yield
Money Market Accounts $2,500 .25% .25%
Statement Savings   .30% .30%
Passbook Savings   .30% .30%
Savings Club (Coupon)   .30% .30%
Savings Club (Automatic)   .35% .35%

Certificates of Deposit

Term  Minimum Balance  Interest Rate  Annual Percentage Yield   Interest Compounded
06 Month(s) $500.00 .25% .25% Quarterly
09 Month(s) $500.00 .25% .25% Quarterly
12 Month(s) $500.00 .30% .30% Quarterly
18 Month(s) $500.00 .30% .30% Quarterly
24 Month(s) $500.00 .40% .40% Quarterly
36 Month(s) $500.00 .50% .50% Quarterly
48 Month(s) $500.00 .65% .65% Quarterly

IRA Rates

Account Minimum Balance  Interest Rate    Annual Percentage Yield  
IRA / Roth Rates   .85% .85%

Loan Rates

Installment Rates


Term (Months)
Unsecured Annual Percentage Rate  New Auto Annual Percentage Rate  New Boat/Motorcycle Annual Percentage Rate New Sport Cycle Annual Percentage Rate New RV's**  Annual Percentage Rate Other ***
    15% Down 0% Down* 15% Down 0% Down * 15% Down 0% Down*    
12       9.75 (9.50)% 2.90% 3.50% 4.99% 5.75% 5.99% 6.75% 7.50% 4.00%
13-24  10.25 (10.00)% 2.90% 3.50% 4.99% 5.75% 5.99% 6.75% 7.50% 4.00%
25-36  10.75 (10.50)% 2.90% 3.50% 4.99% 5.75% 5.99% 6.75% 7.50% 4.00%
37-48  11.75 (11.50)% 2.90% 3.50% 4.99% 5.75% 5.99% 6.75%   4.25%
49-60  13.00 (12.75)% 2.90% 3.50% 4.99% 5.75% 5.99% 6.75%   4.50%
Model Year Used Auto
48 Months with Account Relationship
Used Auto
60 Months with Account Relationship
Used Boat or Motorcycle
48 Months
Used Boat or
Motorcycle
60 Months  
  15% Down 0% Down* 15% Down 0% Down* 15% Down 0% Down *      
2014-2011 3.50% 3.99% 3.75% 4.250% 5.99% 7.50% 7.99%    
2010 or older 3.75% 4.24% n/a 6.99% 7.99% n/a    

Mortgage Rates- Primary Residence

Term Down Payment Balloon Annual Percentage
Rate
Preferred Annual 
Percentage Rate
30 Years 20% n/a 6.750% 6.500%
30 Years 20% 5 Years 7.750% 7.500%
20 Years 20% n/a 4.740% 4.490%
15 Years 20% n/a 3.875% 3.625%
10 Years 20% n/a 3.625% 3.375%

Home Equity Rates

Term Fixed Annual 
Percentage Rate
Fixed Annual 
Percentage Rate

 

2nd POSITION *B 1st POSITION *A
1-60 Months 6.50% 4.50%
61-120 Months 7.00% 5.00%
121-180 Months 7.25% 5.25%

* A -1st LIEN POSITION -subject property must be unencumbered or first mortgage must be with National Bank of Coxsackie.
* B -2nd LIEN POSITION - on property with any lender.

Home Equity Line of Credit

(filed first or second mortgage on primary or secondary residence)

  • Annual Percentage Rate at prime + 0.00% with a ceiling of 24.00%.
  • Draw period is 10 years.
    • Minimum draw is $200.
    • Maximum Loan-to-Value (LTV) of 75%
    • During draw period 1/180th of the month end principal balance plus interest (minimum of $100) due monthly.
    • At the end of draw period, principal balance outstanding will be repaid over 180 months.

Land Loans

Maximum LTV of 50%. Rates and terms determined on a case-by-case basis.

Overdraft Protection Rates

Annual Percentage Rate
Overdraft Checking Account Loans  15.00%
   

Commercial Prime Rate

Annual Percentage Rate
  3.25%


Disclosures

*National Bank of Coxsackie reserves the right to change interest rates at any time. (Please call for specific rate information)
*$1,500 minimum loan amount
*$100.00 minimum monthly payment
*1/4$% discount from these rates for auto-charge to National Bank of Coxsackie account (This preferred rate is shown in the preferred annual percentage rate column or parentheses)
*RV’s = snowmobile, ATVs, Personal Watercraft, any off-road vehicle
*49 thru 60 month financing is available only for loan proceeds over $10,000
*Down payment, term and rate to be determined on a case-to-case basis
***Other = Stocks, Bonds, Deposit Account at other New York bank

* All 0% down requires direct withdrawal for payment from a checking or savings account.

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