Current Rates
Personal Checking Accounts*Min. Deposit to OpenInterest RateAPY
Absolutely Free Checking$50.00%.00%
50+ Free Interest Checking$50.07%.07%
Direct Free Interest Checking$50.07%.07%
Choice Rate Checking$50  
$10 - $1,499 .05%.05%
$1,500+ .07%.07%
    
 
Savings Accounts*Min. Deposit to OpenInterest RateAPY
Absolutely Free Statement Savings$50.10%.10%
Choice Rate Statement Savings$50  
$10 - $9,999 .10%.10%
$10,000 - $49,999 .10%.10%
$50,000 - $74,999 .11%.11%
$75000 - $99,999 .11%.11%
$100,000+ .12%.12%
Passbook Savings$50.10%.10%
 
Personal Money Market Accounts*Min. Deposit to OpenInterest RateAPY
$10 - $2,499$50.05%.05%
$2,500 - $49,999$50.10%.10%
$50,000 - $99,999$50.11%.11%
$100,000 +$50.12%.12%
 
Business Accounts*Min. Deposit to OpenInterest RateAPY
Absolutely Free Business Checking$50.00%.00%
Business Interest Checking$50 .07%.07%
Business Savings$50  
$10 - $9,999 .05%.05%
$10,000 - $24,999 .08%.08%
$25,000 - 49,999 .09%.09%
$50,000 - $99,999 .09%.09%
$100,000+ .10%.10%
Business Money Market$50  
$10 - $2,499 .05%.05%
$2,500 - $49,999 .10%.10%
$50,000 - $99,999 .12%.12%
$100,000+ .15%.15%
IOLTA Checking$50.05%.05%
 
CDs & IRA Accounts*Min. Deposit to OpenInterest RateAPY
3 Month$1,000 .15%.15%
6 Month$1,000 .25%.25%
12 Month$1,000 .40%.40%
18 Month$1,000 .75%.75%
24 Month$1,000 .85%.85%
30 Month$1,000 1.60%1.61%
36 Month$1,000 1.10%1.10%
48 Month$1,000 1.20%1.20%
60 Month$1,000 2.00%2.01%
 
*Rates are effective as of August 14, 2014 at 8:30 am and are subject to change without notice. APY (Annual Percentage Yield) is what your money would earn if principal and interest remain on deposit for at least one year at the same rate. Minimum balance to earn APY on Checking, Money Market, Statement Savings, and Passbook Savings accounts is $10.00. Minimum balance to earn APY on Certificates of Deposit is $1,000.00. Penalty for early withdrawal on all Certificates of Deposit and Individual Retirement Accounts (IRA) products. IRA accounts are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Fees may reduce earnings on account. The APY on Savings, Checking, and Money Market Accounts may change after the account is opened. Please contact an Avon Co-operative representative for a detailed product description and further assistance.
 
Fixed Rate Residential Programs**Interest RateAPRMonthly Payments per $1,000.0 borrowed
Maximum mortgage for single family property is $417,000.00.   
 
30 Year Conforming   
0 Point4.250%4.277%$4.92
1 Point4.125%4.236%$4.85
2 Points4.000%4.196%$4.77
 
20 Year Conforming   
0 Point4.000%4.037%$6.06
1 Point3.875%4.028%$5.99
2 Points3.750%4.019%$5.93
 
15 Year Conforming   
0 Point3.125%3.172%$6.97
 
10 Year Conforming   
0 Point2.850%2.917%$9.59
 
Rates and APRs for fixed rate mortgages are based on a minimum 20% down payment. Example of $100,000.00 principal amount, 360 monthly payments of $4.92 per $1,000.00 borrowed. ANNUAL PERCENTAGE RATE OF 4.277%. Example assumes a 20% down payment and 0 points paid by borrower. Please note that the interest rates shown here are available for 1-4 owner occupied properties, including condominiums and second homes. Fees vary depending on loan characteristics. Your APR will vary based on your final loan amount and finance charges. The payment amount includes principal and interest only. Mortgage insurance is not included and will be required if the LTV ratio is more than 80%. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required.The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Available for properties in all Massachusetts counties. Rates subject to change without notice.
 
MassHousing MortgagesInterest RateAPRMonthly Payments
per $1,000 borrowed
No MI Mass Housing Mortgage4.875%4.932%$5.29
 
Above rate is for a 30 year term. Maximum LTV is 97% on No MI Mass Housing Program. No mortgage insurance required. Income and purchase price limits will apply based on property location. Rate and APR based on a 3% down payment. Example of $100,000.00 principal amount, 360 monthly payments of $5.29 per $1,000.00 borrowed. ANNUAL PERCENTAGE RATE of 4.932%. Please note that the interest rate shown above is for 1-4 family owner occupied properties, including condominiums. The payment amount includes principal and interest only. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required.The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Available in all Massachusetts counties. Rates subject to change without notice.
0 Point Mass Housing Mortgage4.23754.430%$4.99
 
Above rate is for a 30 year term. Maximum LTV is 97% on Mass Housing program. Mortgage insurance is required with LTV's over 80% . Income and purchase price limits will apply based on property location. Rate and APR for Mass Housing Mortgage is based on a 20% down payment. Example of $100,000.00 principal amount, 360 monthly payments of $4.99 per $1,000.00 borrowed. ANNUAL PERCENTAGE RATE of 4.430%. Please note that the interest rate shown above is for 1-4 family owner occupied properties, including condominiums. The payment amount includes principal and interest only. Mortgage insurance is not included and will be required if the LTV ratio is more than 80%. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required.The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Available in all Massachusetts counties. Rates subject to change without notice. Please call Joyce Holbrook at 508-586-1355 for more information.
 
Buy Brockton Mortgage ProgramInterest RateAPRMonthly payments per $1,000 borrowed
30 Year Fixed Rate4.250%4.305%$4.92
 
Above rate is for a 30 Year Term. Rate and APR is based on a 20% down payment. Example of $100,000.00 principal amount, 360 monthly payments of $4.92% per $1,000 borrowed. ANNUAL PERCENTAGE of 4.305%. Program available for Purchase mortgages on foreclosed single family properties, PUD (planned Unit Development) and FNMA/FHLMC approved condominium units in the City of Brockton, Short sales and sales of deeded in lieu of foreclosure properties allowed. Maximum LTV is 100%. Minimum down payment will depend on credit score. The payment amount includes principal and interest only. Mortgage insurance is not included and will be required if the LTV ratio is more than 80%. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required. The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Borrowers does not have to be a First Time Homebuyer, but cannot own other property. Rates subject to change without notice. Call Kevin Hayes at 508-586-1355 for full program details.
 
Adjustable Rate Owner-Occupied ProgramsInterest RateAPRMonthly Payments
per $1,000 borrowed
1 Year ARM2.125%2.841%$3.76
3 Year ARM2.500%3.495%$3.95
5/1 ARM2.750%2.857%$4.08
1st Time Homebuyer (5/1 ARM)***2.625%2.814%$4.02
 
APR=Annual Percentage Rate. APR assumes a single family owner occupied purchase with 20% down payment for a term of 30 years. Rate adjustment for the 1 Year ARM and 5/1 ARM based on the 1 Year Treasury Constant Maturity, currently .11. Rate adjustment for the Three Year ARM based on the 3 Year Treasury Constant Maturity, currently 1.06. Rate Lock is for 60 days. Rates subject to change without notice. FHLMC conforming loan limits apply: 1 Unit $417,000, 2 Unit $533,850, 3 Unit $645,300, 4 Unit $801,950. Additional rate lock terms and point options available.The payment amount includes principal and interest only. Mortgage insurance is not included and will be required if the LTV ratio is more than 80%. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required.The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Available for properties in Norfolk, Plymouth, Bristol, Barnstable, Suffolk and Essex counties. ***Minimum 10% down with no mortgage insurance and open to all Massachusetts counties. Payments do not include taxes or insurance. Your actual payment may be greater. Rates subject to change without notice.
 
Adjustable Rate Non Owner-Occupied Property ProgramsInterest RateAPRMonthly payments per $1,000 borrowed
1 Year ARM3.000%3.036%$5.55
3 Year ARM3.125%3.594%$5.61
5/1 ARM3.375%3.411%$5.74
 
Minimum 20% down payment and available for Purchases and No cash out refinances of 1-4 family non-owner occupied properties. Cash out refinances of investment properties are not available. Property must be owned for at least one year to obtain a refinance mortgage. 20 Year Maiximum term. APR means Annual Percentage Rate. Rates and APR's are based on 20 year term. Rate adjustment for the 1 Year ARM and 5/1 ARM based on the 1 Year Treaury Constant Maturity, currently .11%. Rate adjustment for the Three Year ARM based on the 3 Year Treasury Constant Maturity, currently 1.06%. All adjustable rate mortgages have a 2.75% margin with a 2% per adjustment cap and 5% lifetime cap. Rate floor on these programs apply. Rate locks available Monday through Friday from 10:00 am to 3:00 pm only. Mortgage insurance is not inluded and will be required if the LTV ratio is more than 80%. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required.The payment does not include taxes or insurance and the payment amount will increase if an escrow (impound) account is established or required. Available for properties in Norfolk, Plymouth, Bristol, Barnstable, Suffolk and Essex counties. Rates subject to change without notice.
 
Home Equity Line of Credit Interest RateAPR 
20 year Owner Occupied HELOC2.250%2.250% 
 
APR of Prime Rate minus 1.00% as published in the Wall Street Journal. 2% rate floor. Prime Rate is currently 3.25%. Maximum APR 18.00%. This is a variable rate and is subject to change monthly. Offer is available for owner-occupied 1-4 family residences only. Fees range from $176.00 to $600.00. Flood insurance is required if the property is located in a FEMA Special Hazard Flood Zone. Homeowners insurance may be required. Available properties in Norfolk, Plymouth, Bristol, Barnstable, Suffolk, and Essex counties.
 
Fixed Rate Home Equity LoanInterest RateAPRMonthly Payments per $1,000.00 borrowed
60 months4.000%4.000%$18.42
120 months4.500%4.500%$10.36
180 months4.750%4.750%$7.78
 
**Rates effective September 18, 2014 at 10:15 am. All Adjustable Rates subject to change after consummation. Minimum 10% down for 5/1 ARM and 20% down for 1/1 and 3/3 ARM products. All rates shown are for 1-4 unit, owner occupied properties including condominiums only. APR means Annual Percentage Rate. Rate adjustment for the One Year ARM and Five/One ARM based on the 1 Year Treasury Constant Maturity, currently 0.11%. Rate adjustment for the Three Year ARM based on the 3 Year Treasury Constant Maturity, currently 1.06%. All adjustable rate mortgages have a 2.75% margin with a 2% per Adjustment cap and a 5% lifetime cap. Rate locks available Monday through Friday from 10:00 am to 3:00 pm only. Flood insurance is required if the property is located in FEMA Special Hazard Flood Zone. Homeowners insurance may be required. Available for properties in Norfolk, Plymouth, Bristol, Barnstable, Suffolk and Essex counties. Rates subject to change without notice.
 
Car LoansAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
New Car Loan3.875%Up to 60 months 0% down$18.36 / 60 months
New Commercial Vehicle5.875%Up to 60 months 0% down$19.27 / 60 months
Used Car Loan4.125%2012-2010 up to 60 mo.$18.47 / 60 months
  2009-2008 up to 48 mo.$22.64 / 48 months
  2007 and older up to 36 mo. - 10% down based on lower of sales price or book value$29.58 / 36 months
Used Commercial Vehicle6.125%2012-2010 up to 60 mo.$19.39 / 60 months
  2009-2008 up to 48 mo.$23.54 / 48 months
  2007 and older up to 36 mo.
Same as used car loan
$30.48 / 36 months
 
Title V LoanAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
 4.990%Up to 120 months - Up to $30,000$10.60 / 120 months
 
Home Improvement LoansAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
 4.990%Up to 60 months - Up to $5,000$18.87 / 60 months
 
Personal LoansAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
 11.990%Up to 36 months - Max. approved credit amount is $5,000.$33.21 / 36 months
 
Overdraft Lines of CreditAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
 16.000%No stated term. Max. approved credit amount is $5,000. 
 
Collateral LoansAPR/Interest RateTerm Details/RestrictionsMonthly Payments
per $1,000 borrowed
 4.00% overNo stated term. Up to 95% of account balance. Available on passbook savings and/or term accounts.