APY = Annual Percentage Yield. Rates effective as of May 28th, 2022. Fees may reduce earnings.
Checking Accounts
High Interest Checking Learn More
Balance | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
up to $15,000 | 1.98% | 2.00% | $.01 | $15 |
above $15,000 | 0.05% | 0.05%-2.00% | $.01 | $15 |
qualifications not met | 0.05% | 0.05% | $.01 | $15 |
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.
NOW Account Learn More
Account | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
NOW Account | 0.020% | 0.020% | $0.01 | $15 |
Rate may change at any time after the account is open.
NOW Non-Personal Account Learn More
Account | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
NOW NON-Personal | 0.020% | 0.020% | $0.01 | $100 |
Rate may change at any time after the account is open.
Checking Line of Credit Learn More
Account | Interest Rate | Minimum Line | Maximum Line | Annual Fee | Late Payment Fee | Transaction Fee |
---|---|---|---|---|---|---|
Checking Line of Credit | 18.00% APR* | $500.00 | $2500.00 | None | 5% of total due, not to exceed $5.00 | $5.00 per transaction |
Rates are subject to change without notice
*Interest is charged from the transaction date.
Savings Accounts
Statement Savings Learn More
Account | Minimum Deposit to Open | Minimum Daily Balance to Obtain APY | Interest Rate | APY |
---|---|---|---|---|
Statement Savings | $1.00 | $0.01 | 0.030% | 0.030% |
Fees could reduce earnings on the account.
Rate may change at any time after the account is open.
HSA Accounts Learn More
Tiers | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
$.01-$1,999.99 | 0.030% | 0.030% | $0.01 | $50 |
$2,000 - $9,999.99 | 0.030% | 0.030% | $2,000 | $50 |
$10,000 & Over | 0.030% | 0.030% | $10,000 | $50 |
Fees could reduce earnings on the account
Rates may change at any time after the account is open.
Money Market Account Learn More
Tiers | Interest Rate | APY | Minimum Daily Bal to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
Balance $0.01 - $9,999.99 | 0.050% | 0.050% | $0.01 | $15 |
Balance $10,000 - $24,999.99 | 0.050% | 0.050% | $10,000 | $15 |
Balance $25,000 - $49,999.99 | 0.080% | 0.080% | $25,000 | $15 |
Balance $50,000 - $99,999.99 | 0.080% | 0.080% | $50,000 | $15 |
Balance $100,000 - $249,999.99 | 0.100% | 0.100% | $100,000 | $15 |
Balance $250,000 & Over | 0.100% | 0.100% | $250,000 | $15 |
Fees could reduce earnings on the account
Rates may change at any time after the account is open.
Money Market Advantage Learn More
Tiers | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
Balance $0.01- $9,999.99 | 0.050% | 0.050% | $0.01 | $25,000 |
Balance $10,000 - $24,999.99 | 0.050% | 0.050% | $10,000 | $25,000 |
Balance $25,000 - $49,999.99 | 0.080% | 0.080% | $25,000 | $25,000 |
Balance $50,000 - $99,999.99 | 0.080% | 0.080% | $50,000 | $25,000 |
Balance $100,000 - $249,999.99 | 0.100% | 0.100% | $100,000 | $25,000 |
Balance $250,000 & Over | 0.100% | 0.100% | $250,000 | $25,000 |
Fees could reduce earnings on the account
Rates may change at any time after the account is open.
Non-Personal Money Market Account Learn More
Tiers | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
Balance $0.01 - $9,999.99 | 0.050% | 0.050% | $0.01 | $100 |
Balance $10,000 - $24,999.99 | 0.050% | 0.050% | $10,000 | $100 |
Balance $25,000 - $49,999.99 | 0.080% | 0.080% | $25,000 | $100 |
Balance $50,000 - $99,999.99 | 0.080% | 0.080% | $50,000 | $100 |
Balance $100,000 - $249,999.99 | 0.100% | 0.100% | $100,000 | $100 |
Balance $250,000 & Over | 0.100% | 0.100% | $250,000 | $100 |
Fees could reduce earnings on the account
Rates may change at any time after the account is open.
Non-Personal Money Market Advantage Learn More
Tiers | Interest Rate | APY | Minimum Daily Balance to Obtain APY | Minimum Deposit to Open |
---|---|---|---|---|
Balance $0.01 - $9,999.99 | 0.050% | 0.050% | $0.01 | $25,000 |
Balance $10,000 - $24,999.99 | 0.050% | 0.050% | $10,000 | $25,000 |
Balance $25,000 - $49,999.99 | 0.080% | 0.080% | $25,000 | $25,000 |
Balance $50,000 - $99,999.99 | 0.080% | 0.080% | $50,000 | $25,000 |
Balance $100,000 - $249,999.99 | 0.100% | 0.100% | $100,000 | $25,000 |
Balance $250,000 & Over | 0.100% | 0.100% | $250,000 | $25,000 |
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
Certificates of Deposit (CDs) Learn More
Term | Interest Rate | APY |
---|---|---|
91 Days | 0.05% | 0.05% |
182 Days | 0.15% | 0.15% |
12 Months | 0.30% | 0.30% |
16 Months* | 0.30% | 0.30% |
18 Months | 0.35% | 0.35% |
24 Months | 0.40% | 0.40% |
30 Months | 0.40% | 0.40% |
36 Months | 0.50% | 0.50% |
48 Months | 0.55% | 0.55% |
60 Months | 0.60% | 0.60% |
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 Learn More
Term | Interest Rate | APY |
---|---|---|
182 Days | 0.15% | 0.15% |
12 Months | 0.30% | 0.30% |
16 Months* | 0.30% | 0.30% |
18 Months | 0.35% | 0.35% |
24 Months | 0.40% | 0.40% |
30 Months | 0.40% | 0.40% |
36 Months | 0.50% | 0.50% |
48 Months | 0.55% | 0.55% |
60 Months | 0.60% | 0.60% |
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.
Mortgages
Conventional Fixed Rate Mortgage Learn More
Conventional Fixed Rate Mortgage | Rates | Points | APR* | # Payments | Monthly Payment per $1,000* |
---|---|---|---|---|---|
30 Year | 5.000% | 0 | 5.048% | 360 | $5.37 |
20 Year | 4.750% | 0 | 4.815% | 240 | $6.46 |
15 Year | 4.250% | 0 | 4.331% | 180 | $7.52 |
10 Year | 4.000% | 0 | 4.117% | 120 | $10.12 |
HomeReady Mtg 30 year | 5.000% | 0 | 5.048% | 360 | $5.37 |
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]
Personal Loans
The APRs stated are discounted 0.25% for account holders having an automatic payment deduction plan from a Direct Rewards Checking, High Interest Checking and Emerald Checking accounts. Please add an additional 0.25% to the stated rate for account holders that do not have Direct Rewards Checking, High Interest Checking and Emerald Checking. Other APRs may apply.
Consumer Installment Personal Loan Learn More
Loan Type | APR |
---|---|
Personal Secured - up to 60 months | 3.00%* |
Personal Unsecured - up to 48 months | 9.00%* |
Personal Unsecured - up to 60 months | 9.25%* |
*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.
Consumer Installment Auto Loan Learn More
Loan Type | APR |
---|---|
Auto - 2020-2022 New up to 66 months | 2.74% |
Auto - 2020-2022 New 67 - 72 months | 3.19% |
Auto - 2020-2022 New 73 - 75 months | 3.64% |
Auto - 2020-2022 New 76 - 84 months* | 3.94% |
Auto - 2020-2022 Used up to 66 months | 2.86% |
Auto - 2020-2022 Used 67 - 72 months | 3.59% |
Auto - 2020-2022 Used 73 - 75 months | 3.86% |
Auto - 2020-2022 Used 76 - 84 months* | 4.11% |
Auto - 2019 up to 66 months | 3.34% |
Auto - 2019 67 - 72 months | 3.60% |
Auto - 2019 73 - 75 months | 4.11% |
Auto - 2017-2018 up to 66 months | 3.80% |
Auto - 2017-2018 67- 72 months | 4.28% |
Auto - 2017-2018 73 - 75 months | 4.43% |
Auto - 2016 up to 66 months | 4.41% |
Auto - 2015 up to 66 months | 4.95% |
* 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.
Consumer Installment Home Improvement Loan Learn More
Loan Type | APR |
---|---|
Home Improvement Unsecured - up to 48 months | 6.25% |
Home Improvement Unsecured - up to 60 months | 6.50% |
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
Consumer Installment Motorcycle - New Loan Learn More
Loan Type | APR |
---|---|
Motorcycle - New up to 48 months | 5.00% |
Motorcycle - New 49-60 months | 5.25% |
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.
Consumer Installment Boat and RV Loan Learn More
Loan Type | APR |
---|---|
New Boats & RVs - 48 months or less | 6.000% |
New Boats & RVs - 49 to 66 months | 6.250% |
New Boats & RVs - 67 to 75 months | 6.750% |
New RVs - 76 months to 120 months | 8.000% |
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
Home Equity Loans
Home Equity Fixed Rate Loan rates may be discounted 0.25% when a Direct Rewards Checking, High Interest Checking, or Emerald Checking account is opened and maintained and the payment is deducted from that account.
Home Equity Fixed Rate Loan Learn More
Term in months | Lien | Annual Percentage Rate* | APR with Autopay** |
---|---|---|---|
36 to 60 Months | First lien | 4.000% | 3.750% |
36 to 60 Months | 2nd lien | 4.750% | 4.500% |
61 to 120 Months | First lien | 4.500% | 4.250% |
61 to 120 Months | 2nd lien | 5.500% | 5.250% |
121 to 180 Months | First lien | 5.000% | 4.750% |
121 to 180 Months | 2nd lien | 6.250% | 6.000% |
*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.
Home Equity Variable Rate Line of Credit Learn More
Account | Rate | Current Prime Rate | Annual Percentage Rate |
---|---|---|---|
Home Equity Variable Line of Credit | Prime + 0% (3.50% minimum / 15% maximum) |
3.50% | 3.50% |
- 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.