Loan Rates

 Home Equity Line of Credit**

 Rates Accurate As Of: July 2, 2009 

 Term  From  To  Interest Rate  APR
 10 year term $10,000 $99,999 Prime + 1.00%

4.50%

$100.000 $499,999 Prime + .50% 4.50%
  $500,000 $999,999 Prime + .25% 4.50%
 

 **$1,000,000 or more subject to exception pricing/approval.

 80% Loan to Value            Under 500,000

 75% Loan to Value            $500,000 and above

 ** 1/4% Discount with an Auto Debit from Beverly Bank and Trust Checking Account not in connection with other discounts.

*For the Beverly Bank and Trust variable rate Home Equity Credit Line, the Annual Percentage Rate (APR) is a variable rate based on the highest Prime Rate (Prime Rate as of 07/02/2009 is 3.25%) reported in the Monday Rates section of the Wall Street Journal (the "WSJ Prime").  The maximum APR for all credits is 20.00%.  The minimum APR is 4.50%.  Consult your tax advisor about the deductibility of interest.  Property insurance is required .  Offer applies  to lines secured by owner-occupied , one to four family residences located in the state of Illinois and approval is subject to the bank's underwriting parameters. 

 

Other Loans (Construction, Overdraft Protection, Auto, Debt Consolidation)


Contact us for current rates.