Rates

Qualifications

To qualify for the 2.00% APY and ATM fee refunds, simply do the following each monthly statement cycle:

• Receive eStatements
• Have at least one direct deposit post and clear
• Have at least 12 debit card transactions post and clear

See. Unbelievably simple. And even if you don't qualify one cycle, you still have a checking account that earns our base rate of 0.05% APY.

Rates may change at any time after the account is open.

Rate may change at any time after the account is open.

Rate may change at any time after the account is open.

Rates are subject to change without notice

*Interest is charged from the transaction date.

Fees could reduce earnings on the account.

Rate may change at any time after the account is open.

Fees could reduce earnings on the account

Rates may change at any time after the account is open.

Fees could reduce earnings on the account

Rates may change at any time after the account is open.

Fees could reduce earnings on the account

Rates may change at any time after the account is open.

Fees could reduce earnings on the account

Rates may change at any time after the account is open.

Rates are subject to change without notice

Interest rates may change after customer opens account

Fees could reduce earnings on the account

Certificates of Deposit require a minimum deposit of $500.00 to open. Rates are subject to change without notice. Penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance needed to obtain stated APY is $500.00

*Minimum deposit to open is $2500.00. The minimum balance that must be maintained in order to receive the stated APY is $2500.00. Rates are subject to change without notice. 

IRA Certificates of Deposit require a minimum deposit of $500.00 to open. Rates are subject to change without notice. Penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance needed to obtain stated APY is $500.00

*Minimum deposit to open is $2500.00. The minimum balance that must be maintained in order to receive the stated APY is $2500.00. Rates are subject to change without notice. 

Purchase or Refinance: 60 day rate lock
New Construction New Build: 240 day rate lock
New Construction Draw Only: 240 day rate lock

Christian Roque    NMLS ID #23236   315-484-2235   [email protected]

Felix Melendez    NMLS ID #494173   315-484-2225   [email protected]

Matthew J Prell    NMLS ID #1749273   315-701-1061   [email protected]

Trish DeWalt Cazzolli    NMLS ID #589621   315-701-5275   [email protected]

*Subject to credit approval. Rates shown are the lowest APR's available. Your APR may vary and will be based on your application and credit information.

By way of example, on a PERSONAL UNSECURED loan for $5,000 with an annual percentage rate (APR) of 9.00% for 48 months, your monthly payment would be: $124.45. Additional terms and conditions may apply. All rates and terms are subject to change without notice.

* Minimum finance amount $25,000. Subject to credit approval. Rates shown are the lowest APRs available. Your APR may vary and will be based on your application and credit information.

By way of example, for a new AUTO, with a purchase price of $20,000, a 10% down payment equaling $2,000 and an annual percentage rate of 3.25% for 60 months, your monthly payment would be: $325.80. Additional terms and conditions may apply. All rates and terms are subject to change without notice.

By way of example, on a HOME IMPROVEMENT loan for $10,000 with an annual percentage rate of 6.25% for 48 months, your monthly payment would be: $236.00

By way of example, on a NEW MOTORCYCLE loan for $15,000 with an annual percentage rate of 5.25% for 60 months, your monthly payment would be: $285.69

The APR is based on the applicant(s) credit profile that is reported to Solvay Bank by an outside credit reporting agency.

By way of example, on a NEW BOAT loan for $15,000 with an annual percentage rate of 6.25% for 60 months, your monthly payment would be: $292.67

*Annual Percentage Rate (APR)

** Stated APRs reflect a rate discount of 0.25% for maintaining automatic payment from a Direct Rewards, High Interest or Emerald Checking account.  

• Loan Limits from $15,000 to $300,000
• Fixed Interest Rate / amortized monthly payment of principal and interest
• No closing costs¹ for loans of $250,000 or less
• At closing, the Borrower will be required to pay New York State Mortgage Tax of 1% on any portion of the loan which exceeds $250,000
• Maximum available equity is up to 90% of the appraised value minus the balance of the first mortgage
• Subject to credit approval
• Property Insurance and, if applicable, flood insurance is required
• Consult tax advisor for tax deductibility
• Rates are subject to change and set based upon the current rate for the day you apply.

Christian Roque    NMLS ID #23236   315-484-2235   [email protected] 

Felix Melendez    NMLS ID #494173   315-484-2225   [email protected]

Matthew J Prell    NMLS ID #1749273   315-701-1061   [email protected] 

Trish DeWalt Cazzolli    NMLS ID #589621   315-701-5275   [email protected] 

Typical loan payment examples are as follows: If you borrow $15,000, secured by a first lien for 36 months at 4.000% APR, the monthly payment would be $442.86. If you borrow $15,000, secured by a second lien for 180 months at 6.250% APR, the monthly payment would be $128.61. Monthly payment examples do not include property taxes or homeowners insurance. Your actual monthly payment may be higher. Additional terms and conditions may apply.

¹To qualify for no closing costs, customers must maintain the Home Equity Fixed Rate Loan in good standing for 36 months. Early discharge of the Home Equity Fixed Rate Loan, for any reason within 36 months of the original note date, may require payment of closing costs at the time of cancellation. These third party fees generally total between $553.96 and $2,516.04.

• Loan Limits from $15,000 to $300,000
• No closing costs² for loans of $250,000 or less
• At closing, the Borrower will be required to pay New York State Mortgage Tax of 1% on any portion of the loan which exceeds $250,000
• Variable Rate / Minimum payment of monthly accrued interest
• Maximum available equity is up to 90% of the appraised value minus the balance of the first mortgage
• Credit line checks provided for easy access to line
• Property Insurance and, if applicable, flood insurance is required
• Subject to credit approval
• Consult tax advisor for tax deductibility

Rates are variable and may adjust monthly based on changes to the Prime Rate, as published in the Wall Street Journal.

²To qualify for no closing costs, customers must maintain the Home Equity Line of Credit in good standing for 36 months. Early discharge of the Home Equity Line of Credit, for any reason within 36 months of the original note date, may require payment of third party fees at the time of cancellation. These third party fees generally total between $553.96 and $2,516.04.