Posted on 27/12/2024 by admin
At Shore Community Bank, we offer competitive rates across our entire line of products.
| AUTO LOANS | |
| NEW AUTO | USED AUTO |
| TermAnnual Percentage Rate36 Months7.55%48 Months7.75% | TermAnnual Percentage Rate36 Months9.00% |
| PERSONAL UNSECURED LOANS | |
| Term | Annual Percentage Rate |
| 1 to 5 years | 12.00% |
| NOTES: Maximum auto loan amount limited to NADA ‘loan value’. Insurance required. Terms available for new auto loans: 36 months or 48 months. A term of 36 months is available for used auto loans. Payment example: $10,000 new car loan for 36 months priced at 7.55% results in a fixed monthly payment of $311.30 principal and interest. Interest rate on personal loan may vary. Personal loan maximum = $20,000. Terms available for Personal loans: 36 months, 48 months, or 60 months. | |
| Product | Interest Rate | Annual Percentage Yield | Min. Bal to Open | Min. Bal to Avoid Fee | Fee |
| Reg. Personal Checking | _ | _ | $25 | _ | _ |
| NJ Consumer1 Checking | _ | _ | $10 | _ | $3.00 |
| Business Checking | _ | _ | $25 | $500 | $7.50 |
| 1Checks in excess of 8 per month incur a charge of $.50 each. | |||||
| INTEREST CHECKING | |||||
| Product | Interest Rate | Annual Percentage Yield | Min. Bal to Open | Min. Bal to Avoid Fee | Fee |
| Senior1 Checking 55 & Over | 0.10% | 0.10% | $25 | _ | _ |
| NOW2 | 0.10% | 0.10% | $25 | $500 | $10.00 |
| Super NOW2 | $25 | $500 | $10.00 | ||
| $0.01 -$9,999.99 | 0.10% | 0.10% | |||
| $10,000 & over | 0.15% | 0.15% | |||
| $50,000 & over | 0.15% | 0.15% | |||
| Annual percentage yields assumes interest will remain on deposit, withdrawals will reduce earnings. Fees could reduce earnings. This is a variable rate account, interest subject to change without notice. 1 Minimum balance to obtain annual percentage yield $2,500, 2 Minimum balance to obtain annual percentage yield $ 0.01. | |||||