Whether it’s our mortgage rates, personal loan rates or the rate we pay on deposits, Savings Institute Bank & Trust works hard to ensure that you enjoy the best rates possible. 

Certificates of Deposit

Rates Effective: 4/25/2017
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
14 Month Special
With Choice Alliance or Cash Back Checking1.39%1.40%$500.00$500.00
Without Choice Alliance or Cash Back Checking1.14%1.15%$500.00$500.00
3 Months.15%.15%$500.00$500.00
6 Months.20%.20%$500.00$500.00
1 Year0.25%0.25%$500.00$500.00
18 Month .30%.30%$500.00$500.00
2 Year.45%.45%$500.00$500.00
3 Year0.75%0.75%$500.00$500.00
4 Year1.09%1.10%$500.00$500.00
5 Year1.14%1.15%$500.00$500.00
6 Year1.20%1.21%$500.00$500.00
*The APY (Annual Percentage Yield) is effective and accurate as of 4/25/2017. A penalty may be imposed for early withdrawal on all certificates of deposit. Fees could reduce earnings in account. Rates subject to change without notice.
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Checking

Rates Effective: 4/25/2017
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
Choice Alliance Checking.05%.05%$ 500.00$ 500.00
*The APY (Annual Percentage Yield) is effective and accurate as of 4/25/2017. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened.
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Money Market Accounts

Rates Effective: 4/25/2017
BalancesInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
With Choice Alliance
$0.01 – $9999.990.05%0.05%$0.01$500.00
$10,000 – $99,999.990.15%0.15%$10,000
$100,000 and Over0.30%0.30%$100,000
*The APY (Annual Percentage Yield) is effective and accurate as of 4/25/2017. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened.

Money Market Special

Rates Effective: 4/25/2017
BalancesInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
$0.01 – $4999.990.05%0.05%$ 0.01$ 500.00
$5,000 – $24,999.990.10%0.10%$5,000.00
$25,000 – $49,999.990.15%0.15%$25,000.00
$50,000 - $999,999.990.20%0.20%$50,000.00
$1,000,000 - $9,999,999.990.25%0.25%$1,000,000.00
$10,000,000 and over0.10%0.10%$10,000,000.00
*The APY (Annual Percentage Yield) is effective and accurate as of 4/25/2017. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened.
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Savings Accounts

Rates Effective: 4/25/2017
Account TypeInterest RateAPY*Minimum Balance to Earn APYMinimum Deposit to Open Account
Statement Savings0.05%0.05%$ 5.00$ 25.00
Variable Rate IRA**1.03%1.03%$ 0.01$ 50.00
*The APY (Annual Percentage Yield) is effective and accurate as of 4/25/2017. Fees could reduce earnings in account. Rates subject to change without notice. The APY on variable rate accounts may change after the account is opened. **Variable Rate IRA rate is effective 4/1/2017 through 4/30/2017.
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Mortgage Loan Rates

Rates Effective: 4/27/2017
LoanInterest RatePointsAPR*Payment per $1,000
30 Year Fixed Rate Conventional Mortgage 4.125%0.0004.219%$4.85
15 Year Fixed Rate Conventional Mortgage3.375%0.0003.530%$7.09
10 Year Fixed Rate Conventional Mortgage 3.125%0.0003.344%$9.71
Construction to Permanent4.125%0.0004.246%$4.93
30 Year Fixed Jumbo Mortgage4.500%0.0%4.549%$5.07
3/1 Adjustable Rate Mortgage*3.000%0.0003.666%$4.22
5/1 Adjustable Rate Mortgage*3.250%0.0003.659%$4.35
7/1 Adjustable Rate Mortgage*3.625%0.0003.780%$4.56
10/1 Adjustable Rate Mortgage*3.750%0.0003.840%$4.63

Rates are effective as of the date below. Rates and terms are subject to change without notice.

With the exception of Jumbo Mortgages, these rates are valid for mortgages up to $424,100 for single family, owner-occupied homes. *APR may increase or decrease after consummation of loan. Rate quoted is variable rate and will change annually after the initial fixed period of 3, 5, 7 or 10 years. The interest rate will be determined by adding the index to the margin.

  • Annual Percentage Rate (APR) is based on a $100,000 loan with a 20% down payment.
  • A loan with less than 20% down payment will require Private Mortgage Insurance ("PMI")
  • SIBT is an approved lender for CHFA, VA, FHA and Rural Development.
  • The above rates assume a first mortgage for a purchase or refinance transaction of a single family, owner occupied primary residence.
  • To calculate your principal and interest use the "payment per $1,000.00" in the rate chart above.
Rates and terms are subject to change. Rates and APRs may vary depending on the details such as points paid, loan amount, Loan to Value and owner occupancy.

Home Equity Loan Rates

Rates Effective: 4/27/2017
LoanAPR*Interest RatePayment per $1,000
Home Equity Fixed Loan - 5 Year Term3.115%3.115%$18.02
Home Equity Fixed Loan - 10 Year Term4.115%4.115%$10.18
Home Equity Fixed Loan - 15 Year Term -Not available in first lien position. 4.875%4.875%$7.84
Home Equity Line of Credit 15 Year Repayment2.240%2.240%$4.36

Rates are effective as of the date below. Rates and terms are subject to change without notice. 

The benefits of borrowing on the equity in your home:

  • Lower rates than other forms of financing*
  • No points, closing costs~ or application fees
  • Interest may be tax deductible.+
These APRs are for owner occupied 1-2 family residences not currently listed for sale.  $10,000 minimum and maximum loan $250,000.  The Home Equity Fixed Loan Annual Percentage Rate may be discounted by .125% when you have your payment automatically deducted from your Savings Institute checking account.
Annual Percentage rate is based on a $10,000.00 loan.
For Home Equity Line of Credit: The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in The Wall Street Journal Eastern Edition. Prepayment penalty is the lesser of 2% of the credit line or $500.00 if paid off within the first 36 billing cycles. Maximum APR is 18.00%. $50.00 annual fee waived for the first year or every year for Cash Back, Choice Alliance and e.SI Checking Customers. Click here for Home Equity Line of Credit Advance Disclosure.

Insti-Reserve Overdraft Protection

Rates Effective: 4/27/2017
LoanInterest RateAPR*Payment per $1,000
Personal Unsecured Loan - Insti Reserve Overdraft Protection15.000%15.000%$16.13

One quarter percent (.25%) discount available on our current rates with automatic payment from a Savings Institute checking account.

These interest rates and other loan terms are in effect as of the date shown above. We normally adjust these interest rates weekly but we may adjust any of our loan interest rates and terms at any time without notice. Please call to obtain today's rates. APR is a Annual Percentage Rate.

Auto Loans

Rates Effective: 4/27/2017
LoanInterest RateAPR*Payment per $1,000
New Auto Loan - 36 Month Term5.990%5.990%$30.42
New Auto Loan - 48 Month Term6.240%6.240%$23.60
New Auto Loan - 60 Month Term7.250%7.250%$19.92
Used Auto Loan - 36 Month Term7.500%7.500%$31.11
Used Auto Loan - 42 Month Term9.250%9.250%$27.96
Used Auto Loan - 48 Month Term9.750%9.750%$25.24
New Motorcycle Loan - 36 Month Term7.750%7.750%$31.22
New Motorcycle Loan - 48 Month Term8.000%8.000%$24.41
Used Motorcycle Loan - 36 Month Term10.250%10.250%$32.38
New RV - 60 Month Term7.750%7.750%$20.16
New RV - 120 Month Term8.000%8.000%$12.13
New RV - 180 Month Term8.250%8.250%$9.70
New RV - 240 Month Term8.500%8.500%$8.68
Used RV - 60 Month Term8.250%8.250%$20.40
Used RV - 120 Month Term8.750%8.750%$12.53
Used RV - 180 Month Term9.000%9.000%$10.14

One quarter percent (.25%) discount available on our current rates with automatic payment from a Savings Institute checking account.

These interest rates are in effect as of the date shown above. We normally adjust these interest rates weekly but we may adjust any of our loan terms at any time without notice. Please call to obtain today's rates. Minimum down payment of 25% is required on all used autos, motorcycles and RVs. Where a Minimum Downpayment is stated, we normally require a downpayment or existing equity of at least that percentage of the value, purchase price, or appraised value of the collateral. APR is an abbreviation for Annual Percentage Rate.