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 | 6.086% |
$599.55
|
15 Year | 5.250% | 0 | 5.401% | $803.88 |
Jumbo Fixed Rates | ||||
30 Year | 5.750% | 0 | 5.762% | $5,835.73 |
15 Year | 5.000% | 0 | 5.019% | $7,907.94 |
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% |
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 | 0.75% |
$50,000 - $149,999.99 | 0.50% |
$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 |
Current CD & IRA Rates
CERTIFICATE OF DEPOSIT |
STANDARD RATES (APY) | TRUE ADVANTAGE CLIENT RATES (APY) |
---|---|---|
1 months | 0.03% | 0.03% |
2 months | 0.03% | 0.03% |
3 months | 0.03% | 0.03% |
6 months | 0.05% | 0.25% |
9 months | 0.05% | 0.25% |
3 Year Bump Up*** | 2.90% | 3.10% |
CERTIFICATE OF DEPOSIT/IRA** | STANDARD RATES (APY) | TRUE ADVANTAGE CLIENT RATES (APY) |
12 months | 0.12% | 0.32% |
14 months | 3.00% | 3.20% |
18 months | 0.15% | 0.35% |
24 months | 0.20% | 0.40% |
36 months | 1.00% | 1.20% |
48 months | 0.25% | 0.45% |
60 months | 0.25% | 0.45% |
**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% |
Equilock Line of Credit
Introductory Rate 3.25% APR* for six month term |
---|
After that, the rate will be 7.50% APR* variable rate for lines greater than $50,000 with internal auto-pay. |
*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 (7.50% as of 1/23/2023) quoted in the Wall Street Journal on the first day of the month Prime + .50% for loans under or equal to $24,999, Prime + .25% 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 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 (6.49% APR for up to 60 months as of 1/23/2023) 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.