Rates

APY = Annual Percentage Yield

Checking Accounts

Rates effective as of 12/03/2014.

ProductMinimum to OpenMinimum Balance to Obtain APYInterest RateAPY
Premier Checking$100$100.05%0.05%
Choice Plus Checking$100$100.05%0.05%
Business Checking Account(ECR) 0.20%

The Earnings Credit Rate (ECR) is variable. Earnings Credit is calculated using the average monthly collected balance in your account and is used to offset regular account maintenance fees.

Savings Accounts

Rates effective as of 12/03/2014.

ProductMinimum to OpenMinimum Balance to Obtain APYInterest RateAPY
Passbook Savings$100$100.10%0.10%
Statement Savings$100$100.10%0.10%
Quarterly Statement Savings$100$100.10%0.10%
Holiday Account$20.15%0.15%
Consumer Money Market Account$1,000$100,000 or more0.30%0.30%
$50,000 - $99,999.990.20%0.20%
$15,000 - $49,999.990.15%0.15%
$10 - $14,999.990.10%0.10%
Commercial Money Market Account$1,000$500,000 or more0.15%0.15%
$200,000 - $499,999.990.35%0.35%
$100,000 - $199,999.990.25%0.25%
$50,000 - $99,999.990.15%0.15%
$15,000 - $49,999.990.10%0.10%
$10 - $14,999.990.05%0.05%
Charles River Bank Fund Account$10$50,000 and over0.35%0.35%
$15,000 - $49,999.990.25%0.25%
$10 - $14,999.990.10%0.10%

Certificate of Deposit

Rates effective as of 12/03/2014.

TermMinimum BalanceInterest Rate PaidAPY
7 Month Special$1,0000.35%0.35%
13 Month Special$1,0000.65%0.65%
23 Month Special$1,0000.80%0.80%
3 Month$1,0000.10%0.10%
6 Month$1,0000.10%0.10%
12 Month$1,0000.20%0.20%
18 Month$1,0000.25%0.25%
24 Month$1,0000.35%0.35%
30 Month$1,0000.40%0.40%
36 Month$1,0000.60%0.60%
42 Month$1,0001.00%1.00%
48 Month$1,0001.34%1.35%
60 Month$1,0001.34%1.35%

Rates are subject to change without notice. Fees could reduce the earnings on these accounts. A penalty will be imposed for early withdrawal on Certificates of Deposit. Rates are guaranteed for the length of the term on fixed rate certificates. For variable rate accounts, the rate may change after the account is opened. All deposits are insured in full by the FDIC to $250,000 and by the SIF on amounts in excess of $250,000.

Individual Retirement Accounts

Rates effective as of 12/03/2014.

TermMinimum BalanceInterest Rate PaidAPY
7 Month Special$4000.35%0.35%
13 Month Special$4000.65%0.65%
23 Month Special$4000.80%0.80%
3 Month$4000.10%0.10%
6 Month$4000.10%0.10%
12 Month$4000.20%0.20%
18 Month$4000.25%0.25%
24 Month$4000.35%0.35%
30 Month$4000.40%0.40%
36 Month$4000.60%0.60%
42 Month$4001.00%1.00%
48 Month$4001.34%1.35%
60 Month$4001.34%1.35%

Rates are subject to change without notice. Fees could reduce the earnings on these accounts. A penalty will be imposed for early withdrawal on Certificates of Deposit. Rates are guaranteed for the length of the term on fixed rate certificates. For variable rate accounts, the rate may change after the account is opened. All deposits are insured in full by the FDIC to $250,000 and by the SIF on amounts in excess of $250,000.

Consumer Loan Rates

Rates effective as of 6/11/2015.

Auto Loan Rates

Auto Loan RatesTermRate/Annual Percentage RateMonthly Payment per $1000 Borrowed
2014-2015 Model Year36 Months1.99 %$28.64
48 Months2.49 %$21.91
60 Months2.99 %$17.96
72 Months3.49 %$15.41
2012-2013 Model Year24 Months2.99 %$42.98
36 Months2.99 %$29.08
48 Months3.49 %$22.35
60 Months3.99 %$18.41
2009-2011 Model Year24 Months3.49 %$43.20
36 Months3.49 %$29.30
48 Months3.99 %$22.57

*Annual Percentage Rate (APR) effective as of 6/11/2015 and subject to change. $28.64 Monthly payment per $1,000 borrowed for 36 month term at 1.99% APR. Subject to credit approval. Rates are lowest available for term and collateral type listed, based on credit worthiness. 10% down payment required. Model years of 2014-2015. Auto insurance is required.

Overdraft Line of Credit

TermAPRAdditional Information
Overdraft Line of CreditRevolving18.00%Available on any CRB personal checking account. $25 Annual Fee.

Home Equity

Rates effective as of 8/26/2015.

No Points No Closing Costs
Home Equity Line of Credit 20 Year Term
Current APR is 2.75%
Prime Rate - .50% for Life of Loan for Lines of Credit $100,500 to $250,000
APRCurrent Prime Rate - .50% is 2.75%

Disclosure applicable to all Home Equity Lines of Credit: Products are available for owner-occupied 1-4 family residential properties. Minimum monthly payment: Interest Only. Annual percentage rate (APR) cannot exceed 18%. Minimum line is $10,000 and maximum line is $250,000.00. Homeowners' insurance is required and flood insurance may be required. First liens: If the Bank takes a first lien, payments will not include taxes and insurance, so your actual payment obligation will be greater. If the property is in trust, the Bank will charge you $250.00 for our Attorney's review of your trust prior to closing, and you may be required to pay a recording fee at closing, generally between $76 and $78, to the Registry of Deeds for the recording of the Trustee Certificate. Rates may increase after consummation on the variable rate products.

Fixed Rate Home Equity Loans

Loan TypeRatePointsAPRP&I Pmt PER $1000
5 Years2.990%0.002.990%$17.96
Without Autopay3.490%0.003.490%$18.19
10 Years3.490%0.003.490%$9.88
Without Autopay3.990%0.003.990%$10.12
12 Years3.790%0.003.790%$8.65
Without Autopay4.290%0.004.290%$8.90
15 Years3.990%0.003.990%$7.39
Without Autopay4.490%0.004.490%$7.65
20 Years4.490%0.004.49%$6.32
Without Autopay4.990%0.004.99%$6.59

Disclosure applicable to all Home Equity Loans: Products are available for owner-occupied 1-4 family residential properties. Minimum loan amount is $10,000 and maximum loan amount is $250,000.00. Homeowners' insurance is required and flood insurance may be required. First liens: If the Bank takes a first lien, payments will not include taxes and insurance, so your actual payment obligation will be greater. If the property is in trust, the Bank will charge you $250.00 for our Attorney's review of your trust prior to closing, and you may be required to pay a recording fee at closing, generally between $76 and $78, to the Registry of Deeds for the recording of the Trustee Certificate.

Mortgage Loan Rates

Rates effective as of 8/26/2015.

For more information, or to apply now, visit our Online Mortgage Center.


Mortgage ProgramPointsInterest RatesAPR1$ Per $1000
30 Year Fixed23.625%3.821%$4.56
30 Year Fixed13.750%3.864%$4.63
30 Year FixedNo Points3.875%3.906%$4.70
30 Year FixedNo Points
No Closing Costs
4.500%4.500%$5.07
20 Year Fixed23.375%3.647%$5.74
20 Year Fixed13.500%3.657%$5.80
20 Year FixedNo Points3.625%3.668%$5.86
20 Year FixedNo Points
No Closing Costs
4.250%4.250%$6.19
15 Year Fixed22.625%2.969%$6.73
15 Year Fixed12.875%3.074%$6.85
15 Year FixedNo Points3.000%3.055%$6.91
15 Year FixedNo Points
No Closing Costs
3.625%3.625%$7.21
10 Year FixedNo Points2.625%2.704% $9.48
* 5/1 Year Adjustable -

30 Year Mortgage

No Points3.125%3.001%$4.28
** 10/1 Year Adjustable

30 Year Mortgage

No Points3.500%3.404%$4.49

Payments do not include amounts for taxes and insurance premiums.

*APR (Annual Percentage Rate) as August 25, 2015 and based on $100,000.00 at 80% Loan to Value (LTV) 360 payments of $4.28 per $1,000.00, not including taxes and insurance. APRs subject to increase during the repayment period with rate caps of 2% per year after the first five years and 6% for the life of the loan. Interest rate is 3.125% for the first 10 years. Maximum interest rate is 9.125%. APR of 3.404% based upon a $100,000 loan for a 30-year term. **LTV 95% on owner occupied primary residence. 80% Loan to Value (LTV) on vacation homes. Over 80% requires Private Mortgage Insurance (PMI). Offer subject to approval and property eligibility. Other fees affecting APR may apply. Rate subject to change without notice.

**APR (Annual Percentage Rate) as August 25, 2015 and based on $100,000.00 at 80% Loan to Value (LTV) 360 payments of $4.49 per $1,000.00, not including taxes and insurance. APRs subject to increase during the repayment period with rate caps of 2% per year after the first ten years and 6% for the life of the loan. Interest rate is 3.50% for the first 10 years. Maximum interest rate is 9.50%. APR of 3.404% based upon a $100,000 loan for a 30-year term. **LTV 95% on owner occupied primary residence. 80% Loan to Value (LTV) on vacation homes. Over 80% requires Private Mortgage Insurance (PMI). Offer subject to approval and property eligibility. Not available for refinance of existing mortgage with Charles River Bank. Other fees affecting APR may apply. Offering rate subject to change without notice.

TypeMaximum Amount2
One Unit$417,000.00
Two Units$533,850.00
Three Units$645,300.00
Four Units$801,950.00
Type

MAX LTV-90%
Purchases Primary Residence Only - (other rates available for condos and second homes)

Term in YearsPointsInterest Rate3APR$ per $1000
Jumbo Loan Rate3003.875%3.895%$4.70
Jumbo Loan Rates

5/1 Year Adjustable

3003.375% 3.066%$4.42
Jumbo Loan Rate

10/1 Year Adjustabke

3003.500%3.404%$4.49

For more information, or to apply now, visit our Online Mortgage Center.

$100,000 minimum balance/0 points, no closing costs are available.


1. Annual Percentage Rates (APRs) as of 8/26/2015 based upon a $100,000 loan for a conventional loan and $500,000 for a fixed rate jumbo loan, for owner-occupied properties, 1-4 family residences, and subject to change. Mortgage APRs based on 25% down payment for purchases and 60% LTV for cash out refinances (fixed rate loans). Rates based upon a 30 day closing. Adjustable Rate Mortgage APRs are subject to increase throughout the repayment period. Rates based on final credit decision and may be priced for risk. Maximum loan-to-value (LTV) for First Time Homebuyer program is 95%, and income restrictions apply. Maximum LTV for all other mortgages is 90% for purchases and no-equity out refinances. Based on 0 points, maximum 75% LTV for purchases or maximum 60% LTV for cash-out refinance. PROMOTION - Not available for refinance of existing Charles River Bank. Monthly payment DOES NOT include insurance and taxes. No Points No Closing (0/0): There are costs associated with these loan products. Costs are prepaid interest, tax escrow and PMI if applicable, all other fees are paid by Charles River Bank. The Bank will pay the appraisal fee up to $350.00. 0/0 - No points/No closing costs $100,000 minimum mortgage. 0/0 product offered for single owner occupied properties. Ask about MassHousing products, rates, services, low down payments and discounted Mortgage Insurance premiums.


2. Limits vary per State/Country


3. Jumbo rates determined by loan-to-value/primary vs. non-primary residences. Monthly reserves required.