Loan and Mortgage Rates

Rates are subject to change without notice. APR is defined to mean Annual Percentage Rate. $ per $1,000 means monthly payment per $1,000 borrowed.  If the loan is secured by a first lien on a dwelling, payments do not include amounts for taxes and insurance premiums. Actual payments will be greater.

Residential Mortgages

Effective Date: Monday, October 15, 2018

Residential Mortgages

RateAPR$ per $1,000Terms
Fixed and Variable Rate MortgagesView current rates and terms

Fixed Rate Home Equity Loans1

Effective Date: Monday, October 15, 2018

Fixed Rate Home Equity Loans1

RateAPR$ per $1,000Terms
5 Year (60 Months) 5.00%5.00% $18.87Rate with automatic payment from your Salisbury Bank checking account.3Apply
7 Year (84 Months)5.25% 5.25%$14.25Rate with automatic payment from your Salisbury Bank checking account.3Apply
10 Year (120 Months)5.50%5.50%$10.85Rate with automatic payment from your Salisbury Bank checking account.3Apply
5 Year (60 Months)5.125% 5.125%$18.93Apply
7 Year (84 Months) 5.375%5.375% $14.31Apply
10 Year (120 Months)5.625%5.625%$10.92Apply

If the loan is secured by a first lien on a dwelling, payments do not include amounts for taxes and insurance premiums. Actual payments will be greater.

Geographic restrictions apply. For more information about consumer loans contact us.

1Home Equity Loans available only for 1-4 family owner-occupied homes and approved condominiums located in selected geographies in Connecticut, Massachusetts and New York and are not available on cooperatives or properties listed for sale. The Home Equity loan is not a revolving line of credit, but a term loan, which will result in a mortgage on the home. Flood insurance may be required. Minimum loan amount is $25,000. Maximum loan amount is $100,000. Subject to credit approval. Loan program and rates apply to applicants with FICO scores of 700 or higher. Other loan programs available. For loan requests with a Salisbury Bank first mortgage you can borrow up to 80% of the equity in your home (70% for loan requests without a Salisbury Bank first mortgage). There is a $500.00 application fee. New York State mortgage tax applies to loans secured by property located in New York State. Property insurance is required. Consult your tax advisor regarding the deductibility of interest.

3Rate with automatic payment from your Salisbury Bank checking account. This discount only applies for as long as you continue automatic deductions. Rate discounts are subject to change without notice. Normal checking account service charges may apply; please refer to specific account disclosures for details

Home Equity Line of Credit1

Effective Date: Monday, October 15, 2018

Home Equity Line of Credit1

RateAPR$ per $1,000Terms
View current rates and termsApply

Geographic restrictions apply. For more information about home equity lines of credit, contact us.

1Home Equity Lines of Credit are available only for 1-4 family owner-occupied homes and approved condominiums located in selected geographies in Connecticut, Massachusetts and New York and are not available on cooperatives or properties listed for sale. The Home Equity Line of Credit  is a revolving line of credit which will result in a mortgage on the home. Flood insurance may be required. Minimum loan amount is $10,000. Maximum loan amount is $150,000. Subject to credit approval. Other loan programs available. For loan requests with a Salisbury Bank first mortgage you can borrow up to 80% of the equity in your home (70% for loan requests without a Salisbury Bank first mortgage). There is a $100.00 application fee. New York State mortgage tax applies to loans secured by property located in New York State. Property insurance is required. Consult your tax advisor regarding the deductibility of interest.

Home Improvement Loans1

Effective Date: Monday, October 15, 2018

Home Improvement Loans1

RateAPR$ per $1,000Terms
36 Months 3.99% 3.99%$29.52Unsecured, with automatic payment from your Salisbury Bank checking account.2How to Apply
48 Months4.50%4.50% $22.80Unsecured, with automatic payment from your Salisbury Bank checking account.2How to Apply
60 Months4.99%4.99%$18.87Unsecured, with automatic payment from your Salisbury Bank checking account.2How to Apply
36 Months4.99%4.99%$29.97UnsecuredHow to Apply
48 Months5.50%5.50% $23.26UnsecuredHow to Apply
60 Months5.99%5.99%$19.33UnsecuredHow to Apply

Geographic restrictions apply. For more information about home improvement loans contact us.

1Subject to credit approval. Loan program and rates apply to applicants with FICO scores of 700 or higher. Other loan programs are available. Additional terms and conditions may apply. Loan proceeds available for improvements to1-4 family primary and secondary owner-occupied residences only. Minimum loan amount is $1,000. Maximum loan amount is $25,000.

2Rate with automatic payment from your Salisbury Bank checking account. This discount only applies for as long as you continue automatic deductions. Rate discounts are subject to change without notice. Normal checking account service charges may apply; please refer to specific account disclosures for details.

Consumer Loans

Effective Date: Monday, October 15, 2018

Consumer Loans

Fixed RateRateAPR$ per $1,000Terms
Salisbury Bank Deposit Secured Loan4.50%4.50% $18.64 60 months Max 95% LTVHow to Apply
Home Improvement Loan6.99%6.99%$19.8060 months, unsecured Max loan amount $10,000.00How to Apply
New Auto Loan 4.25% 4.25%$22.69Up to 48 months Max 90% LTVHow to Apply
New Auto Loan 4.50% 4.50% $18.64 Up to 60 months Max 90% LTVHow to Apply
Used Auto Loan (2013-2017)5.00%5.00%$18.87Up to 60 months Max 90% LTVHow to Apply
Used Auto Loan (2009-2012)5.25%5.25%$30.08Up to 36 months Max 90% LTVHow to Apply
Personal Loan 15.00% 15.00%$34.6736 months, unsecuredHow to Apply

Geographic restrictions apply. For more information about consumer loans contact us.