Current Rates

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

Checking Rates

Account Minimum Balance  Interest Rate  APY¹ APR²
Negotiable Order of Withdrawal (NOW) $1,000 .20% .20%  
Checking Account Overdraft Coverage 5       15%

¹ APY= Annual Percentage Yield.
² APR= Annual Percentage Rate
5 Subject to credit approval, fixed rate. Rate will be applied to the amount used.  

Interest rates may change without notice. Minimum balance is required to obtain current APY.
Fees may reduce earnings.

Savings Rates

Account Minimum Balance  Interest Rate  APY¹
Money Market Accounts $2,500 .20% .20%
Statement Savings   .25% .25%
Passbook Savings   .25% .25%
Savings Club (Coupon)   .30% .30%
Savings Club (Automatic)   .35% .35%

¹ APY= Annual Percentage Yield.
Interest rates may change without notice. Minimum balance is required to obtain current APY.
Fees may reduce earnings.
Further account restrictions may apply.

Certificates of Deposit

Term (Months) Minimum Balance  Interest Rate  APY¹
6 $500 .25% .25%
9 $500 .25% .25%
11 $500 .44% .44%
12 $500 .30% .30%
18 $500 .30% .30%
24 $500 .40% .40%
36 $500 .50% .50%
48 $500 .65% .65%

¹ APY= Annual Percentage Yield.
Minimum balance is required to obtain current APY.
Interest is compounded Quarterly
Penalty may be applied for early withdrawal.
Further account restrictions may apply.

IRA Rates

Account Minimum Balance  Interest Rate    APY¹
IRA / Roth Rates $1.00 .85% .85%

¹ APY= Annual Percentage Yield.
Interest rates may change without notice.
Fee applied for transfer of funds to other Financial Institution.
Further account restrictions may apply.

Installment Loan Rates


Term (Months)
New Auto
APR² 
Used Auto
2012-2015
APR² 
Used Auto
2011
or Older
APR² 
  15% Down 0% Down 15% Down 0% Down 15% Down 0% Down
12-60       2.90% 3.50% - - - -
48 or less - - 3.50% 3.99% 3.75% 4.24%
60  - - 3.75% 4.25% - -

Term (Months)
New Boat/Motorcycle
APR² 
Used Boat/Motorcycle
2012-2015
APR² 
Used Boat/Motorcycle
2011
or Older
APR² 
  15% Down 0% Down 15% Down 0% Down 15% Down 0% Down
12-60       4.99% 5.75% - - - -
48 or less - - 5.99% 7.50% 6.99% 7.99%
60  - - 7.99% - - -

Term (Months)
New Sport Cycle
APR² 
New Offroad Vehicle
APR² 
Secured 4
APR² 
Unsecured
APR² 
  15% Down 0% Down 15% Down    
12       5.99% 6.75% 7.50% 4.00% 9.50% ³
13-24 5.99% 6.75% 7.50% 4.00% 10.00% ³
25-36 5.99% 6.75% 7.50% 4.00% 10.50% ³
37-48 5.99% 6.75% - 4.25%  11.50% ³
49-60 5.99% 6.75% - 4.50% 12.75% ³

² APR= Annual Percentage Rate
³ Preferred rate requries direct withdrawal for payment from a NBC checking or savings account.
4 Secured by stocks, bonds, or deposit account at other New York Bank.
60 months = 60 monthly payments of $17.92 per $1,000 borrowed. Example based on a 60 month loan with a down payment of 15% at 2.9%
APR. Rates listed are fixed. Rates and terms may change without notice.
$1,500 minimum loan amount, $100 minimum monthly payment.

Mortgage Loan Rates (Primary Residence)

Term (Years) Down Payment APR²  Preferred
APR² 
10 20% 3.240% 2.990% ³
15 20% 3.625% 3.375% ³
20 20% 4.240% 3.990% ³
30 20% 4.625% 4.375% ³

² APR= Annual Percentage Rate
³ Preferred rate requires direct withdrawal for payment from a NBC checking or savings account.
10 year = 120 monthly payments of $9.77 / $9.65 per $1,000 borrowed. Example based on a 10 year loan with a down payment of 20% at
3.24% / 2.99% APR. Payment amount does not include taxes and insurance. Actual payment obligation will be greater. Rates listed are fixed.
Rates and terms may change without notice. NMLS ID# 816880

Home Equity Loan Rates

Term (Months) 1st Position
Fixed APR² 
2nd Position
Fixed APR² 
1-60 4.50% 6.50%
61-120 5.00% 7.00%
121-180 5.25% 7.25%

1st Position -subject property must be unencumbered or first mortgage must be with National Bank of Coxsackie.
2nd Position - on property with any lender.
² APR= Annual Percentage Rate
60 months = 60 monthly payments of $18.64 per $1,000 borrowed. Example based on a 60 month 1st position loan at 4.5% APR.
Rates listed are fixed. Rates and terms may change without notice.

Home Equity Line of Credit (filed first/second mortgage on primary/secondary residence)

Term (Months)
APR² 
120 3.25% (Prime Rate)

² APR= Annual Percentage Rate and is a variable rate based on The Wall Street Journal prime rate and is currently 3.25% APR. Ceiling of
24.00% APR. Closing costs on $10,000 loan approximately $491. No membership or participation fees. Property insurance is required.
No minimum, fixed, transaction or activity charges that are finance charges are imposed uner the plan.

Rates and terms may change without notice. 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 the 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.

Commercial Prime Rate                                       

3.25% APR ²

² APR= Annual Percentage Rate

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The above mentioned account descriptions are not all encompassing. To request a full account opening disclosure by mail please contact:
National Bank of Coxsackie
3-7 Reed Street
Coxsackie, NY 12051-0400
Attention: New Account Opening
(518) 731-6161 Voice or Email at: dgardner@nbcoxsackie.com