Effective Date:



Mortgage Rates

TERM RATE POINT AS A % ANNUAL PERCENTAGE RATE RATE (APR) AS A % - (E) MONTHLY PAYMENT IN DOLLARS - (E)
Conforming Fixed Rates
30 Year 6.000% 0 6.082%
$599.55
15 Year 5.375% 0 5.510% $810.47
Jumbo Fixed Rates
30 Year 5.250% 0 5.261% $5,522.04
15 Year 4.750% 0 4.768% $7,778.32
Monthly payment on conforming fixed assumes a loan amount of $100,000. Jumbo fixed assumes a loan amount of $1,000,000. Rates are subject to change without notice, and subject to credit approval. APR assumes a 20% down payment. Rates quoted for owner occupied properties only. Additional rates and charges may apply for other property types. Homeowners Insurance is required. Flood Insurance may be required. (e) is estimate. Consult a tax advisor regarding interest deductibility. Additional products are available. Contact the mortgage department for details.


Current Personal Checking Rates


DIRECT CHECKING WITH INTEREST
ANNUAL PERCENTAGE YIELD (APY)
$0.01 and over
0.02%
TRUE ADVANTAGE CHECKING PLUS ANNUAL PERCENTAGE YIELD (APY)
$50,000 and over 0.05%
$25,000 - $49,999.99   0.03%
$10,000 - $24,999.99   0.03%
$2,500 - $9,999.99   0.02%
Less than $2,500.00 0.02%

Please note these rates are subject to change at any time. Rates may change after the account is opened. Interest is compounded daily. Fees could reduce earnings on the account. A penalty may be imposed for early withdrawal.

Current Personal Savings Rates


WELCOME SAVINGS*
ANNUAL PERCENTAGE YIELD (APY)
$2.500 and over 0.03%
Less than $2,500
 0.02%

STARTER SAVINGS* ANNUAL PERCENTAGE YIELD (APY)
$2,500 and over 0.03%
Less than $2,500  0.02%

TRUE ADVANTAGE SAVINGS* ANNUAL PERCENTAGE YIELD (APY)
$150,000 and over 0.08%
$50,000 - $149,999.99   0.05%
$25,000 - $49,999.99   0.03%
$5,000 - $24,999.99   0.02%
Less than $5,000  0.02%
*Requires True Advantage Checking or Checking Plus Account


 Please note these rates are subject to change at any time. Rates may change after the account is opened. Interest is compounded daily. Fees could reduce earnings on the account. A penalty may be imposed for early withdrawal.

Current CD & IRA Rates

CERTIFICATE OF DEPOSIT
ANNUAL PERCENTAGE YIELD (APY)
1 months* 0.03%
2 months* 0.03% 
3 months* 0.03%
6 months* 0.05% 
9 months 0.05%
3 Year Bump Up** 2.20%
CERTIFICATE OF DEPOSIT/IRA** ANNUAL PERCENTAGE YIELD (APY)
12  months 0.12% 
14 months* 2.00% 
18 months 0.15%
24 months 0.20% 
36 months 0.22%
48 months 0.25%
60 months 0.25%
**Minimum to open $1,000.00
VARIABLE RATE IRA ANNUAL PERCENTAGE YIELD (APY)
$25,000 and over 0.10%
$0 - $24,999.99 0.07%
Please note these rates are subject to change at any time. Rates may change after the account is opened. Interest is compounded daily. Fees could reduce earnings on the account. A penalty may be imposed for early withdrawal.

* CD/IRA Bonus of 0.20% for True Advantage Clients, excluding terms of 1 mo., 2 mo., 3 mo., 6 mo.. 

**A Tompkins Consumer Checking account is required to receive the advertised rate. Rate will be reduced by 0.50% if no checking relationship is established within 60 days of account opening. This offer is valid for consumers only. Offer may be withdrawn without notice. There is a $1000 minimum balance to open a certificate and to obtain APY. There is a maximum initial deposit amount of $250,000. A penalty will be imposed for early withdrawal. Fees could reduce earnings. The interest rate and APY may be changed once during the initial term of the CD. Upon receipt of a written bump-up request from you, we will adjust the interest rate and APY to the current interest rate and APY we pay on the 3 Year Certificate of Deposit. The rate increase will be paid for the remainder of the term and will not extend the maturity date. One additional deposit may be made during the initial term. The one time deposit cannot be greater than $100,000. Upon maturity, the CD will automatically renew to the terms and conditions of our 3 Year CD.

Equilock Line of Credit

Introductory Rate
3.25% APR*
for six monthsTerm
After that, the rate will be
6.25% APR*
variable rate for lines greater than $50,000 with internal autopay.
*Equilock is a variable rate line of credit with a fixed-rate lock option. An introductory 3.25% Annual Percentage Rate (APR) will be in effect for the first six billing cycles after opening date, even if there is no activity or borrowing on the line. Following the introductory period, the APR will become the greater of the following:  our floor rate of 3.25% or the highest Prime Rate (6.25% as of 9/22/2022) quoted in the Wall Street Journal on the first day of the month + 1.00% for loans under or equal to $24,999, Prime + .50% for loans between $25,000 and $49,999, and Prime plus .0 for loans over $50,000.   A discount of .25% will be applied with an automatic payment from a Tompkins Community Bank checking or savings account. The lowest rate will be 3.25% APR and the highest will be 14.99% APR.  The variable rate line is subject to credit approval and appraisal, with draw and repayment periods of 10 years with no annual fee.   If a fixed rate option is selected, the maximum fixed rate term is 180 months, but cannot exceed maturity date of the line of credit. Minimum fixed rate term is 12 months. Minimum fixed rate amount is $5,000. Maximum fixed loan amount is the full balance of the line of credit. There is a $50 fee to lock or unlock any portion of the line of credit. Maximum number of fixed rate loan locks is six. If opted, the fixed APR will be based on the lesser of either the bank’s current fixed home equity loan rate (5.99% APR for up to 60 months as of 9/22/2022) or the current fixed Equilock rate (prime rate + 6% for 60 months; prime + 8% for 120 months; prime + 10% for 180 months.) Property insurance required. Flood insurance may be required. If you close the line within 36 months, you must reimburse us for third-party fees paid in connection with opening the line. These fees are estimated at $1485 for a $100,000 loan. Mortgage tax must be paid by the borrower for loans over $250,000. Consult your tax advisor about deductibility of interest. Terms and conditions subject to change without notice.