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BANK RATES

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BANK RATES Powered By Docstoc
					                                                      THE GUILFORD SAVINGS BANK IS THE AREA'S ONLY LOCALLY HEADQUARTERED MUTUAL BANK.
                                                                     Consumer Loan Rates for July 8, 2011. Rates subject to change without notice

                                                           Please contact a loan officer or visit our website @ www.gsb-yourbank.com for additional information:
                                                                              Cheryl Sittnick - (203)710-1044 or email: csittnick@gsbyourbank.com
                                                                               Ann Lisitano - (203) 453-3290 or email: alisitano@gsbyourbank.com
                                                                              Richard Hetrick - (203)430-4033 or email: rhetrick@gsbyourbank.com

                                                                                      One Park St P.O. Box 369 Guilford CT 06437
                                                                                      Telephone (203) 453-3290 Fax (203) 453-6637
Member FDIC
                                                                                                           MAXIMUM
    LOAN TYPE          INTEREST RATE GUIDELINES                    APR      Payment per thousand           AMOUNT                 MAX. TERM          LTV                                              COMMENTS

                       Equal to 2 percentage points
                       above the higher of either: the
                       APY of the pledged instrument
GSB Certificate of                                                                                    90% of the certificate
                       or the highest APY being offered
Deposit or                                                        3.25%             n/a                of deposit value or             Demand        90%      Interest Only.       Paid Monthly In Arrears.
                       by the Bank for a CD as
Passbook                                                                                                passbook value
                       reflected on the rate sheets
                       made available to the public,
                       rounded up to the nearest 1/4%.


Personal                              11.50%                     11.50%            $46.85                 $10,000.00**            up to 24 mos        N/A
Loans                                 12.00%                     12.00%        $33.21-$22.24              $10,000.00**             36-60 mos          N/A

New Cars Loans                         5.75%                      5.75%           $30.31                     $50,000                   3 YEARS       80%
                                       6.00%                      6.00%           $23.49                     $50,000                   4 YEARS       80%
                                       6.25%                      6.25%           $19.45                     $50,000                   5 YEARS       80%

                                       6.00%                      6.00%           $30.43                     $50,000                   3 YEARS       90%

                                       6.25%                      6.25%           $23.60                     $50,000                   4 YEARS       90%

                                       6.50%                      6.50%           $19.57                     $50,000                   5 YEARS       90%

                                                                                                                                                  NADA Loan
Used Car Loans                         6.75%                      6.75%            $23.84                    $50,000                   4 YEARS                NADA Loan Value. No older than 10 years.
                                                                                                                                                  Value
Dockominiums at                                                                                                                                               One point due at closing
                                       7.50%                     7.729%            $11.88                   $150,000                   10 Years      75%
The Guilford Yacht

                                                                                                                                                              No points. No balance transfer required. Annual Membership Fee is $50. Early
                                                                                                                                                              termination fee of $500 for 1st two years. For the life of the line, your rate will be
                                                                                                                                                              calculated by adding the margin (0.00 percentage points) to the index. APR's may
                                                                  3.25%*                                                                                      adjust monthly based on changes in the Prime Rate which is found in the Money Rate
                                                                                                                                                              Section of The Wall Street Journal. Minimum monthly payment of Finance Charges
                                                                  Current
Home Equity Line            Prime* plus a margin (0.00                                                                                                        accrued on outstanding balance won't reduce the outstanding principal balance which
                                                                  APR as                               $250,000 1st or 2nd
of Credit-Prime         percentage points) for the life of the                      n/a                                            9yrs 10 mos       75%      will be a single lump sum "balloon payment" at maturity. The current APR is Prime*
                                       line.                         of                                       lien                                            plus 0.00 percentage points, the minimum APR is the starting rate, the maximum APR
Plus a Margin
                                                                 12/17/08                                                                                     is 17%, maximum loan amount is $250,000.00. APR may vary after consummation.
                                                                 is 3.25%                                                                                     Title Insurance and property insurance are required. Homes for Sale or intended for
                                                                                                                                                              sale within the next 6 months are not eligible. If property held in trust, trust review fee of
                                                                                                                                                              $300*** and attorney closing fees will apply. Maximum non-GSB 1st mortgage is
                                                                                                                                                              limited to $300,000.
                                                                                                                                                              No points. No balance transfer required. Annual Membership Fee is $50. Early
                                                                                                                                                              termination fee of $500 for 1st two years. For the life of the line, your rate will be
                                                                                                                                                              calculated by adding a margin to the index. APR's may adjust monthly based on
                                                                                                                                                              changes in the Prime Rate which is found in the Money Rate Section of The Wall

                                                                  4%*                                                                                         Street Journal. Minimum monthly pymt. of Finance Charges accrued on outstanding
                                                                Current                                                                                       balance won't reduce the outstanding principal balance which will be a single lump sum
Home Equity Line            Prime* plus a margin (.75
                                                                APR as                                  $500,000 1st lien                                     "balloon pymt" at maturity. The current APR is Prime* plus 0.75 percentage points and
of Credit-Prime         percentage points) for the life of the                      n/a                                            9yrs 10 mos       75%
                                       line.
                                                                   of                                   $350,000 2nd lien                                     is offered to customers where GSB does or will possess a first lien position, or, the
Plus a Margin
                                                               12/17/08                                                                                       HELOC will be in first lien position, on the dwelling offered as security for the loan. The
                                                               is 3.25%                                                                                       minimum APR is 4% and the maximum APR is 17%. APR may vary after
                                                                                                                                                              consummation. Loan amounts in excess of $250,000 require a full appraisal. Title
                                                                                                                                                              Insurance and property insurance are required. Homes for Sale or intended for sale
                                                                                                                                                              within the next 6 months are not eligible. If property held in trust, trust review fee of
                                                                                                                                                              $300*** and attorney closing fees will apply.
                                                                                                                                                              No points. No balance transfer required. Annual Membership Fee is $50. Early
                                                                                                                                                              termination fee of $500 for 1st two years. For the life of the line, your rate will be
                                                                                                                                                              calculated by adding a margin to the index. APR's may adjust monthly based on
                                                                                                                                                              changes in the Prime Rate which is found in the Money Rate Section of The Wall
                                                                   4.5%*                                                                                      Street Journal. Minimum monthly pymt. of Finance Charges accrued on outstanding
                                                                  Current                                                                                     balance won't reduce the outstanding principal balance which will be a single lump sum
Home Equity Line            Prime* plus a margin (1.25
                                                                  APR as                                                                                      "balloon pymt" at maturity. The current APR is Prime* plus 1.25 percentage points for
of Credit-Prime         percentage points) for the life of the                      n/a                 $350,000 2nd lien          9yrs 10 mos       75%
                                                                     of                                                                                       customers with an existing first lien on the dwelling offered as collateral for the loan not
Plus a Margin                          line.
                                                                 12/17/08                                                                                     held by GSB. The minimum APR is 4% and the maximum APR is 17%. APR may
                                                                 is 3.25%                                                                                     vary after consummation. Loan amounts in excess of $250,000 require a full
                                                                                                                                                              appraisal. Title Insurance and property insurance are required. Homes for Sale or
                                                                                                                                                              intended for sale within the next 6 months are not eligible. If property held in trust, trust
                                                                                                                                                              review fee of $300***and attorney closing fees will apply. Maximum non-GSB 1st
                                                                                                                                                              mortgage is limited to $300,000.
                                                                                                                                                              No points. No balance transfer required. Annual Membership Fee is $50. No Early
                                                                                                                                                              Termination Fee. For the life of the line, your rate will be calculated by adding a
                                                                                                                                                              margin to the index. APR's may adjust monthly based on changes in the Prime Rate
                                                                    4%*
                                                                                                                                                              which is found in the Money Rate Section of The Wall Street Journal. Minimum
                                                                  Current
Home Equity Line                                                                                                                                              monthly pymt. of Finance Charges accrued on outstanding balance won't reduce the
                        Prime* plus a margin for the life of      APR as
(for use as interim                                                                 n/a                  $300,000 1st lien         24 months         75%      outstanding principal balance which will be a single lump sum "balloon pymt" at
                                     the line.                       of
reverse mortgage)                                                                                                                                             maturity. The current APR is Prime* plus 0.75 percentage points The minimum APR is
                                                                 12/17/08                                                                                     4% and the maximum APR is 17%. APR may vary after consummation. Loan
                                                                 is 3.25%                                                                                     Amounts in excess of $250,000 require a full appraisal. Title Insurance and property
                                                                                                                                                              insurance are required. If property held in trust, trust review fee of $300*** and
                                                                                                                                                              attorney closing fees will apply.
                                                                                                                                                              No points. Pre-payment penalty of $500 for 1st two years. Non-GSB 1st limited to
                                                                                                                                                              $300,000.00 for 2nd lien position. Loan Amounts in excess of $250,000 require a full
Fixed Rate Home                                                                                         $500,000 1st lien
                                      3.875%                     3.875%            $18.37                                              5 YEARS       80%      appraisal. Title Insurance and property insurance are required. For all properties held
Equity Loans                                                                                            $350,000 2nd lien                                     in trust, trust review fee of $300*** and attorney closing fees will apply. Homes for
                                                                                                                                                              sale are ineligible.
                                                                                                        $500,000 1st lien
                                      4.500%                     4.500%            $10.37                                          10 YEARS          80%      see above
                                                                                                        $350,000 2nd lien
                                                                                                        $500,000 1st lien
                                      5.000%                     5.000%            $7.91                                           15 YEARS          80%      see above
                                                                                                        $350,000 2nd lien

Fixed Rate Home                                                                                                                                               No points. Pre-payment penalty of $500 for 1st two years. Loan Amounts in excess of
                                                                                                                                                              $250,000 require a full appraisal. Title Insurance and property insurance are required.
Equity Loans -                                                                                          $500,000 1st lien                                     For all properties held in trust, trust review fee of $300**** and attorney closing fees will
                                       7.25%                      7.25%            $9.13                                               15 years      75%
Investment                                                                                              $350,000 2nd lien                                     apply. Homes for sale are ineligible. 1st lien position or 2nd lien position behind GSB
Property                                                                                                                                                      1st mortgage. Payments of principal and interest are to be repaid monthly. Loan is to be
                                                                                                                                                              fully amortized within specified maturity date.


Residential Lot                        7.25%                     7.712%            $11.75                   $250,000                   10 years      75%      2 POINTS due at closing

** The Bank will consider loans in excess of $10,000.00. Terms and conditions to be established on an individual basis.
***For all properties held in trust, trust review fee of $300 per trust agreement and attorney closing fees will apply.

Our lending area normally consists of Guilford, Madison, North Madison, Clinton, Branford, North Branford, Killingworth, Westbtrook,
and Old Saybrook. However loans may be considered outside of this area.

				
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