Rate Disclosures

CD Rate Disclosures

*APY = Annual Percentage Yield

For more details on this Account please refer to the Truth in Savings Disclosure link at the bottom of the home page.


15 Year Fixed Rate Disclosure & Example

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $150,000, an estimated property value of $200,000 and downpayment of 25% ($50,000). The property is located in Waterloo, IA and is within Black Hawk county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

At a 2.625% interest rate, the APR for this loan type is 2.839%. The monthly payment schedule would be:

  • 180 payments of $1009.03 at an interest rate of 2.625%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

All rates, terms and conditions are subject to change without notice.


30 Year Fixed Rate Disclosure & Example

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $150,000, an estimated property value of $200,000 and downpayment of 25% ($50,000). The property is located in Waterloo, IA and is within Black Hawk county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740. At a 3.250% interest rate, the APR for this loan type is 3.366%. The monthly payment schedule would be:

  • 360 payments of $652.81 at an interest rate of 3.250%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

All rates, terms and conditions are subject to change without notice.


Home Equity – 5 Year Fixed

At a 3.490% interest rate, the APR for this loan type is 3.6735%. The monthly payment schedule would be:

  • 60 payments of $454.68 at an interest rate of 3.49%

This payment schedule is based on a $25,000 loan in Black Hawk county, IA with no downpayment and a Loan To Value of 95%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

All rates, terms and conditions are subject to change without notice.