Effective Thursday, July 2nd, 2009
| Solvay Bank Prime Rate 3.25% Effective 12/18/2008 |
Consumer Installment Loan Rates are discounted 1/2% for automatic deduction
from your Solvay Bank Direct Rewards or Diamond Checking Account.
| Loan Type |
Annual Percentage Rate |
|
1. Consumer Installment Auto Loan Type
1
|
| Auto - 2009, 2008 12 months
|
5.000 |
| Auto - 2009, 2008 24 months
|
5.000 |
| Auto - 2009, 2008 36 months
|
5.250 |
| Auto - 2009, 2008 48 months
|
5.500 |
| Auto - 2009, 2008 60 months
|
5.750 |
| Auto - 2009, 2008 72 months
|
6.250 |
| Auto - 2007, 2006 24 months
|
5.500 |
| Auto - 2007, 2006 36 months
|
5.750 |
| Auto - 2007, 2006 48 months
|
6.000 |
| Auto - 2007, 2006 60 months
|
6.250 |
| Auto - 2005, 2004 24 months
|
6.000 |
| Auto - 2005, 2004 36 months
|
6.250 |
| Auto - 2005, 2004 48 months
|
6.500 |
| Auto - 2005, 2004 60 months
|
6.750 |
| Auto - 2003, 2002 24 months
|
7.500 |
| Auto - 2003, 2002 36 months
|
7.750 |
| Auto - 2003, 2002 48 months
|
7.990 |
|
2. Consumer Installment Personal Loan Type
2
|
| Personal Secured -up to 60 months
|
9.250 |
| Personal Unsecured -up to 60 months
|
11.250 |
|
3. Consumer Installment Home Improvement Loan Type
3
|
| Home Improvement - Unsecured - up to 60 months
|
10.250 |
|
4. Consumer Installment Motorcycle - New (Titled) Loan Type
|
| Motorcycle - New (Titled) 12 months
|
7.250 |
| Motorcycle - New (Titled) 24 months
|
7.250 |
| Motorcycle - New (Titled) 36 months
|
7.500 |
| Motorcycle - New (Titled) 48 months
|
7.750 |
| Motorcycle - New (Titled) 60 months
|
7.990 |
|
5. Consumer Installment Boat and Motor Home Loan Type
1
|
| Used Boats & Motor Homes - 60 Months or less
|
8.250 |
| Used Boats & Motor Homes - 61 to 72 Months
|
8.500 |
| Used Boats & Motor Homes - 73 to 120 Months
|
8.750 |
| New Boats & Motor Homes - 60 months or less
|
6.990 |
| New Boats & Motor Homes - 61 to 72 Months
|
7.250 |
| New Boats & Motor Homes - 73 to 120 months
|
7.500 |
1 By way of example, for AUTO, BOAT
or MOTOR HOME, with a purchase price of $10,000, a 10.00% down payment
equaling $1,000 and an annual percentage rate of 6.50% for 48 months,
your monthly payment would be $213.45.
2 By way of example, on a PERSONAL loan for $5,000
with an annual percentage rate of 9.50% for 36 months, your monthly
payment would be $160.14.
3 By way of example, on a HOME IMPROVEMENT loan for $4,000 with
an annual percentage rate of 10.00% for 48 months, your monthly
payment would be $101.46.
|
