Northway uses the daily balance method to calculate the interest on your accounts.
True Rewards Checking
TrueNorth Relationship Checking
Statement Savings
Money Market
TrueNorth Relationship Money Market
Certificates of Deposit
IRAs
Business NOW
Auto Loans
Recreational Vehicle Loans <$35,000
Recreational Vehicle Loans >$35,000
Home Equity Loan (Fixed Rate)
Promotional Home Equity Line of Credit
Home Equity Line of Credit
Consumer Loans
True Rewards Checking Account  Back to top  Open Now
Balance 

Interest Rate 

APY* 
$0999.99 

 

 
$1,000+ 

0.02% 

0.02% 
*Annual Percentage Yield, accurate as of February 9, 2018.
Minimum to open $0.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened.
TrueNorth Relationship Checking Account  Back to top  Open Now
Balance 

Interest Rate 

APY* 
$0+ 

0.05% 

0.05% 
With 15+ electronic transactions posted per statement cycle: 
$04,999.99 

0.05% 

0.05% 
$5,00049,999.99 

0.20% 

0.05%  0.19% 
$50,000199,999.99 

0.20% 

0.19%  0.20% 
$200,000 or more 

0.20% 

0.20%** 
*Annual Percentage Yield, accurate as of February 9, 2018.
Minimum to open $0.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened. **Tier 4 (balances of $200,000 or more) maximum APY is based on an assumed maximum balance of $250,000.00. You may have a higher balance, and your APY would be calculated accordingly.
Statement Savings  Back to top  Open Now
Balance 

Interest Rate 

APY* 
$099.99 

 

 
$100+ 

0.05% 

0.05% 
*Annual Percentage Yield, accurate as of February 9, 2018.
Minimum to open $10.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened.
Money Market Account  Back to top  Open Now
Balance 

Interest Rate 

APY* 
$1,0004,999.99 

0.01% 

0.01% 
$5,00049,999.99 

0.10% 

0.10% 
$50,000149,999.99 

0.15% 

0.15% 
$150,000+ 

0.20% 

0.20% 
*Annual Percentage Yield, accurate as of February 9, 2018.
Minimum to open $1,000.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened.
TrueNorth Relationship Money Market Account  Back to top  Open Now
Balance 

Interest Rate 

APY* 
$1,0004,999.99 

0.10% 

0.10% 
$5,00049,999.99 

0.20% 

0.20% 
$50,000149,999.99 

0.25% 

0.25% 
$150,000+ 

0.25% 

0.25% 
*Annual Percentage Yield, accurate as of February 9, 2018.
Requires a TrueNorth Checking Account. Minimum to open $1,000.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened.
Certificates of Deposit  Back to top
Term 

Interest Rate 

APY* 

Interest Rate with TrueNorth Account** 

APY With TrueNorth Account 
6 Month CD 

0.05% 

0.05% 

0.10% 

0.10% 
1217 Month CD 

0.20% 

0.20% 

0.25% 

0.25% 
1823 Month CD 

0.25% 

0.25% 

0.30% 

0.30% 
2436 Month CD 

0.35% 

0.35% 

0.40% 

0.40% 
3748 Month CD 

0.45% 

0.45% 

0.50% 

0.50% 
4960 Month CD 

0.75% 

0.75% 

0.80% 

0.80% 
6172 Month CD 

0.95% 

0.95% 

1.00% 

1.00% 
*Annual Percentage Yield, accurate as of February 9, 2018. **Requires a TrueNorth Checking account. Minimum to open and obtain stated APY is $2,500. A penalty may be imposed for early withdrawals of funds from Certificates of Deposit. Fees may reduce earnings on the account. Other terms are available. Ask for details.
IRAs  Back to top
Term 

Interest Rate 

APY* 

Interest Rate with TrueNorth Account** 

APY With TrueNorth Account 
6 Month CD 

0.05% 

0.05% 

0.10% 

0.10% 
1217 Month CD 

0.20% 

0.20% 

0.25% 

0.25% 
1823 Month CD 

0.25% 

0.25% 

0.30% 

0.30% 
2436 Month CD 

0.35% 

0.35% 

0.40% 

0.40% 
3748 Month CD 

0.45% 

0.45% 

0.50% 

0.50% 
4960 Month CD 

0.75% 

0.75% 

0.80% 

0.80% 
6172 Month CD 

0.95% 

0.95% 

1.00% 

1.00% 
*Annual Percentage Yield, accurate as of February 9, 2018. **Requires a TrueNorth Checking Account. Minimum to open and obtain stated APY is $1,000. A penalty may be imposed for early withdrawals of funds from Certificates of Deposit. Fees may reduce earnings on the account. Other terms are available. Ask for details.
Business NOW  Back to top
Balance 

Interest Rate 

APY* 
$01,499.99 

 

 
$1,500+ 

0.01% 

0.01% 
*Annual Percentage Yield, accurate as of February 9, 2018.
Minimum to open $100.
Interest rates stated are variable and subject to change without notice.
Fees could reduce the earnings on the account listed above. Rates may change after account is opened.
Auto Loans  Back to top  Apply Now




Without AFT 

With AFT 
Model Year 

Max. Term 

Interest Rate 

APR* 

Interest Rate 

APR 
New to Used 

3660 Months^{1} 

3.99% 

4.29% 

3.74% 

4.04% 
2017 

Up to 36 Months^{2} 

3.49% 

3.98% 

3.24% 

3.73% 
2016 

3660 Months^{3} 

4.99% 

5.29% 

4.74% 

5.04% 


Up to 36 Months 

4.49% 

4.98% 

4.24% 

4.73% 
2015 

3660 Months^{4} 

5.49% 

5.80% 

5.24% 

5.54% 


Up to 36 Months 

4.99% 

5.48% 

4.74% 

5.23% 
20122014 

48 Months^{5} 

6.94% 

7.32% 

6.69% 

7.07% 
20092011 

36 Months^{6} 

7.19% 

7.68% 

6.94% 

7.44% 
2008 or older 

Call for rate 








*Annual Percentage Rate, accurate as of February 9, 2018. Rates valid for credit score of 700 or greater. Other rates available for lower credit scores. For loans without Automatic Funds Transfer (AFT), rate is 0.25% higher. For loans of $25,000 or more, rate is 0.25% lower. Maximum rate discount off standard rates cannot exceed 0.50%. Rates subject to change without notice. Minimum loan amount $2,500. Loan fees: VSI $75, Doc Prep $75, Title fee $25. Maximum vehicle mileage is 150,000. Sixtysix (66) and Seventytwo (72) month terms available for loans of $15,000 or more. Add 0.25% to published rate. Mileage surcharge applies: 80,001  90,000, add 1%. 90,001  100,000, add 2%. 100,001  110,000, add 3%. 110,001  150,000, add 4%. Payment examples: 1) On a new model, fixedrate, 60month loan at an interest rate of 3.99%, the payment would be 60 monthly payments of $18.41 per $1,000 borrowed. 2) On a 2017 model, fixedrate, 36month loan with an interest rate of 3.49%, the payment would be 36 monthly payments of $29.30 per $1,000 borrowed. 3) On a 2016 model, fixedrate, 60month loan with an interest rate of 4.99%, the payment would be 60 monthly payments of $18.87 per $1,000 borrowed. 4) On a 2015 model, fixedrate, 60month loan with an interest rate of 5.49%, the payment would be 60 monthly payments of $19.10 per $1,000 borrowed. 5) On a 201220143 model, fixedrate, 48month loan with an interest rate of 6.94%, the payment would be 48 monthly payments of $23.92 per $1,000 borrowed. 6) On a 20092011 model, fixedrate, 36month loan with an interest rate of 7.19%, the payment would be 36 monthly payments of $30.96 per $1,000 borrowed. All loans subject to credit approval. Terms and conditions may apply.
Recreational Vehicle Loans <$35,000  Back to top  Apply Now




Without AFT 

With AFT 
Model Year 

Max. Term 

Interest Rate 

APR* 

Interest Rate 

APR 
New 20162017 

60 Months^{1} 

8.49% 

8.98% 

8.24% 

8.73% 
20162017 

60 Months^{2} 

8.75% 

9.24% 

8.50% 

9.00% 
20142015 

60 Months^{3} 

9.25% 

9.75% 

9.00% 

9.50% 
20122013 

48 Months^{4} 

9.75% 

10.36% 

9.50% 

10.11% 
20092011 

36 Months^{5} 

9.99% 

10.78% 

9.74% 

10.53% 
2008 or older 

Call for rate 








*Annual Percentage Rate, accurate as of February 9, 2018. For loans without Automatic Funds Transfer (AFT), rate is 0.25% higher. Rates subject to change without notice. Minimum loan amount $3,500. Sixtysix (66) and Seventytwo (72) month terms available for loans of $15,000 or more. Loan fees: VSI $75, Doc Prep $75, UCC search $20, UCC filing fee $96. Payment examples: 1) On a new model, fixed rate, 60month loan with an interest rate of 8.49%, the payment would be 60 monthly payments of $20.51 per $1,000 borrowed. 2) On a 20162017 model, fixedrate, 60month loan with an interest rate of 8.75%, the payment would be 60 monthly payments of $20.64 per $1,000 borrowed. 3) On a 20142015 model, fixedrate, 60month loan with an interest rate of 9.25%, the payment would be 60 monthly payments of $20.88 per $1,000 borrowed. 4) On a 20122013 model, fixedrate, 48month loan with an interest rate of 9.75%, the payment would be 48 monthly payments of $25.24 per $1,000 borrowed. 5) On a 20092011 model, fixedrate, 36month loan with an interest rate of 9.99%, the payment would be 36 monthly payments of $32.26 per $1,000 borrowed. All loans subject to credit approval. Terms and conditions may apply.
Recreational Vehicle Loans >$35,000  Back to top  Apply Now




Without AFT 

With AFT 
Model Year 

Max. Term 

Interest Rate 

APR* 

Interest Rate 

APR 
New 20162017 

180 Months^{1} 

7.25% 

7.29% 

7.00% 

7.04% 
20162017 

180 Months^{2} 

7.50% 

7.54% 

7.25% 

7.29% 
20142015 

180 Months^{3} 

7.75% 

7.79% 

7.50% 

7.54% 
20122013 

120 Months^{4} 

7.99% 

8.07% 

7.74% 

7.82% 
20092011 

72 Months^{5} 

7.99% 

8.11% 

7.74% 

7.86% 
2008 or older 

Call for rate 








*Annual Percentage Rate, accurate as of February 9, 2018. For loans without Automatic Funds Transfer (AFT), rate is 0.25% higher. Rates subject to change without notice. Minimum loan amount $3,500. 180 month term available for loans of $50,000 or more. Loan fees: VSI $75, Doc Prep $75, UCC search $20, UCC filing fee $96. Payment examples: 1) On a new model, fixed rate, 180month loan with an interest rate of 7.25%, the payment would be 180 monthly payments of $9.13 per $1,000 borrowed. 2) On a 20162017 model, fixedrate, 180month loan with an interest rate of 7.50%, the payment would be 180 monthly payments of $9.27 per $1,000 borrowed. 3) On a 20142015 model, fixedrate, 180month loan with an interest rate of 7.75%, the payment would be 180 monthly payments of $9.41 per $1,000 borrowed. 4) On a 20122013 model, fixedrate, 120month loan with an interest rate of 7.99%, the payment would be 120 monthly payments of $12.13 per $1,000 borrowed. 5) On a 20092011 model, fixedrate, 72month loan with an interest rate of 7.99%, the payment would be 72 monthly payments of $17.53 per $1,000 borrowed. All loans subject to credit approval. Terms and conditions may apply.
Home Equity Loan (Fixed Rate)  Back to top  Apply Now


Without AFT 

With AFT 
Term 

Interest Rate 

APR* 

Interest Rate 

APR 
10 year^{1} 

4.50% 

4.50% 

4.25% 

4.25% 
15 year^{2} 

5.00% 

5.00% 

4.75% 

4.75% 
20 year^{3} 

7.19% 

7.19% 

6.94% 

6.94% 
*Annual Percentage Rate, accurate as of February 9, 2018, and based on loan amount of $30,000. 20year term requires minimum loan amount of $50,000. Payments do not include insurance and taxes (if applicable); the actual payment would be greater. The standard rates without automatic payments are 0.25% higher. Payment examples: 1) On a fixedrate, 10year loan with an interest rate of 4.50%, the payment would be 120 monthly payments of $10.36 per $1,000 borrowed. Minimum new cash out amount of $25,000 required after all mortgages are paid from proceeds. Based on credit score of 741 or higher. 2) On a fixedrate, 15year loan with an interest rate of 5.00%, the payment would be 180 monthly payments of $7.91 per $1,000 borrowed. Minimum new cash out amount of $25,000 required after all mortgages are paid from proceeds. Based on credit score of 741 or higher. 3) On a fixedrate, 20year loan with an interest rate of 7.19%, the payment would be 240 monthly payments of $7.87 per $1,000 borrowed. Rates subject to change without notice. All loans subject to credit approval. Terms and conditions may apply.
Promotional Home Equity Line of Credit  Back to top  Apply Now
Loan Amount 

Interest Rate 

APR* 
$25,00049,999.99 

4.49% 

4.49% 
$50,00099,999.99 

4.49% 

4.49% 
$100,000199,999.99 

4.24% 

4.24% 
$200,000 or greater (in junior lien position) 

4.24% 

4.24% 
$200,000 or greater (in first lien position) 

3.99% 

3.99% 
*Annual Percentage Rate (APR) is variable, accurate as of February 9, 2018. Rates subject to change without notice. Draw Period of 10 Years of interest only payments and a Repayment Period of 15 Years of principal and interest payments, for a Total Term of 25 years. Maximum loan‐to‐value of 80% (includes all loans secured by that property). Annual maintenance fee of $50 assessed on anniversary date of loan. A $200 prepayment penalty applies if you pay off your line within the first 2 years of opening the account. The Bank pays usual and customary closing costs. Borrower will be responsible for all other charges, such as a Trust Review Fee of approximately $125.00, if applicable. Payments do not include insurance and taxes (if applicable), the actual payment would be greater. Property insurance is required. Flood insurance required if applicable. All loans subject to credit approval. Other terms and conditions may apply.
$25,000 in new money commitment and automatic payment from a Northway Bank checking are required. If either requirement is not met, other APRs are available. The APR is variable and will adjust monthly for the entire term to the Prime Rate published in the Wall Street Journal (WSJ) minus a margin based on line amount, and subject to a minimum APR of 3.99% and a maximum APR (cap) of 18.00%. As of February 9, 2018 the Prime Rate was 4.50%.
Payment example based on a Home Equity Line of Credit of $25,000, the first 120 months at 4.49% the interest only payments would be between $95.34 and $86.11; for the remaining 180 months, the principal and interest payment would vary between $234.22 and $85.75 for 179 months with a final payment of $86.41.
Home Equity Line of Credit  Back to top  Apply Now
Loan Amount 

Interest Rate 

APR* 
$25,00049,999.99 

5.50% 

5.50% 
$50,00099,999.99 

5.00% 

5.00% 
$100,000 or greater 

4.50% 

4.50% 
*Annual Percentage Rate (APR) is variable, accurate as of February 9, 2018. Rates subject to change without notice. Draw Period of 10 Years of interest only payments and a Repayment Period of 15 Years of principal and interest payments, for a Total Term of 25 years. Maximum loan‐to‐value of 80% (includes all loans secured by that property). Annual maintenance fee of $50 assessed on anniversary date of loan. A $200 prepayment penalty applies if you pay off your line within the first 2 years of opening the account. The Bank pays usual and customary closing costs. Borrower will be responsible for all other charges, such as a Trust Review Fee of approximately $125.00, if applicable. Payments do not include insurance and taxes (if applicable), the actual payment would be greater. Property insurance is required. Flood insurance required if applicable. All loans subject to credit approval. Other terms and conditions may apply.
The APR is variable and will adjust monthly for the entire term to the Prime Rate published in the Wall Street Journal (WSJ) minus a margin based on line amount, and subject to a minimum APR of 3.99% and a maximum APR (cap) of 18.00%. APR may adjust monthly for the term of the loan. As of February 9, 2018 the Prime Rate was 4.50%.
Payment example based on a Home Equity Line of Credit of $25,000 for 120 months of interest only payments at 5.50%, payments would be between $116.78 and $105.48; for the remaining 180 months, the principal and interest payment would vary between $255.67 and $93.45 for 179 months with a final payment of $94.32.
Consumer Loans  Back to top  Apply Now
Loan Type 

Term 

Interest Rate 

APR* 
Home Improvement^{1} 

60 Months 

6.74% 

7.06% 
Personal^{2} 

60 Months 

8.99% 

9.31% 

Reserve Credit 

Revolving 

APR: Prime** + 8%; or 12%, whichever is higher. 
MoneyLine 

Revolving 

APR: Prime** + 8%; or 12%, whichever is higher. 
*Annual Percentage Rates, accurate as of February 9, 2018, and based on $10,000 loan amount. Minimum loan amount of $2,500 for Personal Loans and $5,000 for Home Improvement Loans. Maximum loan amount of $20,000 for both Personal and Home Improvement Loans. For Personal Loans in the amount of $2,500$4,999.99, the rate will be higher. $100 prepayment penalty applies to Home Improvement and Personal loans when more than 20% of the principal balance is paid within the first 12 months of the loan. All loans subject to credit approval. Loan fees: Doc Prep fee of $75 and a returned check fee of $30 for Home Improvement and Personal Loans. Payment examples: 1) On a fixedrate, 60month loan with an interest rate of 6.74%, the payment would be 60 monthly payments of $19.68 per $1,000 borrowed. Rates valid for credit score of 741 or greater. Other rates available for lower credit scores. 2) On a fixedrate, 60month loan with an interest rate of 8.99%, the payment would be 60 monthly payments of $20.75 per $1,000 borrowed. **Annual Percentage Rate is variable and is based on the Prime Rate as published in the Wall Street Journal Money Rates Table. Doc Prep fee of $75 and a returned check fee of $32 for Reserve Credit and MoneyLine. Rates subject to change without notice. All loans subject to credit approval. Terms and conditions may apply.
