Checking & Savings Accounts
Important Checking and Savings Accounts Disclosures
Annual Percentage Yield (APY) is accurate as of February 6, 2019. Rates are subject to change without notice and the rates on accounts other than a certificate of deposit (CD) may vary after the account is opened. Fees may reduce earnings.
2 $1,000 minimum balance required to earn interest.
3 $100,000 minimum balance to open. Balances in each tier earn the interest rate on the portion of the balance in the tier.
Important Certificates of Deposit Disclosures
Annual Percentage Yield (APY) is accurate as of December 10, 2018. Minimum opening deposit is $1,000 for terms less than one year and $500 for terms of one year or more unless otherwise noted. A penalty will be imposed for early withdrawal of principal. Fees may reduce earnings. APY assumes interest earned is kept in the CD for the full term. Rates are subject to change. Call 877.706.9009 for current rates.
1 $5,000 minimum balance to open.
2 $10,000 minimum balance to open.
Important Home Equity Lines & Loans Disclosures
Rates are effective as of 10/1/18 and are subject to change. All home equity requests above $250,000 require appraisal fee at application. The estimated cost of an appraisal, if needed, is $625.00. Property must be an owner occupied 1 to 4 family primary residence located in New Jersey. Property insurance required for all loans and lines. Flood insurance may be required. Additional terms and conditions may apply. Consult your tax advisor regarding deductibility of interest. Contact residential lending department for fee quote and current rates at 888.454.4424. All loans are subject to credit approval. Credit limits apply.
1 Rate reflects Auto Debit Discount. During the life of the loan, the annual percentage rate is a variable rate and will be based on the Wall Street Journal Prime Rate, floating, minus one half of one (0.500) percentage point for automatically deducted payments from your Two River Community Bank personal checking account. However, under no circumstances will your Annual Percentage Rate exceed 16.000% per annum or, go below 4.50% per annum at any time during the term of the Plan. If the borrower for any reason ceases to have the payments automatically deducted from the Two River Community Bank personal checking account at any time during the life of the loan, the annual percentage rate shall revert to the Wall Street Journal Prime Rate, floating. A minimum regular periodic payment of $50.00 applies. The credit limit may not exceed 75% of appraised value of the property less the amount of any mortgage currently outstanding. The APR shown in table above includes only interest and no other costs.
Reimbursement of Fees: Borrower agrees that if the HELOC facility is paid off and terminated by Borrower within the first 36 months after the date when the account is opened, which is the date when funds are first made available to Borrower under the HELOC facility, Borrower shall be obligated to reimburse Lender for the full amount of all bona fide third party charges actually incurred by Lender in connection with the origination of the HELOC facility and disclosed to Borrower, including all third party charges for settlement services but excluding the full amount of all charges for any such services as are provided by any settlement service provider which is affiliated with Lender or which has, in connection with such settlement services, provided Lender with anything of value.
2 Rates shown require auto debit from your Two River Community Bank personal checking account. Add .50 percentage point if auto debit is not chosen. Payment Example: $8.44 per $1,000 borrowed. A $250,000 15-year fixed rate home equity loan at an interest rate of 6.00% will result in 180 payments of $2,110.23. Actual monthly payment may be higher because example does not include applicable property taxes, fees, insurance premiums or other related costs. The credit limit may not exceed 75% of appraised value of the property less the amount of any mortgage currently outstanding.
Refer to your application for further disclosures.
Important Personal Loans Disclosures
1 Maximum loan amount is 80% of purchased contract for a new car. Maximum loan amount for a used car is the average wholesale value listed in NADA.
Payment Example: $30.31 per $1,000 borrowed. A $30,000 3-year fixed rate auto loan at an interest rate of 5.75% will result in 36 payments of $909.26. A minimum of 20% down payment is required for new vehicle purchase transactions only.
2 Minimum of $2,500 for unsecured loan, and maximum term for unsecured loan is 3 years.
3 Rates, terms, minimum and maximum credit amounts vary based on collateral.
4 Minimum credit line of $500 on perfect balance line of credit.
Subject to credit approval.