Rates

We keep our rates posted as a convenience for our customers. However, we hope your decision to bank with us is based on more than just rates.

Though we do our best to keep them current, rates are subject to change without notice. If you have any questions please call or stop by one of our locations to speak with a personal banker. Rates Effective

Saving & CD Rates

Type Minimum Opening Deposit
Minimum Balance
to Obtain APY[1]
Annual Percentage Yield Interest Rate
Kids Savings * .01 .01 .30 .30
Statement Savings * 100.00 1.00 .30 .30
Business Savings * 1,000.00 1.00 .15 .15
3 Month CD ** 1,000.00 1,000.00 .25 .25
6 Month CD ** 1,000.00 1,000.00 .30 .30
12 Month CD ** 1,000.00 1,000.00 .50 .50
14 Month CD ** 1,000.00 1,000.00 1.36 1.35
18 Month CD ** 1,000.00 1,000.00 .65 .64
20 Month CD ** 1,000.00 1,000.00 1.56 1.55
24 Month CD ** 1,000.00 1,000.00 .75 .74
36 Month CD ** 1,000.00 1,000.00 .90 .89
48 Month CD ** 1,000.00 1,000.00 1.15 1.14
60 Month CD ** 1,000.00 1,000.00 1.25 1.24

  • All rates are variable rates except for certificates of deposit.
  • Rates subject to change after the account is opened.

* You may not make more than six withdrawals or transfers to another account of yours, or to a third party, by means of a preauthorized or automatic transfer, telephone, online banking, check, debit card or similar order during any statement cycle. A $10 per transaction charge applies for withdrawals in excess of six per statement cycle. Accounts with repeated excessive withdrawals are subject to closure. Fees may reduce earnings.
** You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield (APY). The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. A penalty may apply for early withdrawal. At maturity, the CD will automatically renew to the same term and rate in effect at that time. Fees may reduce earnings. Deposit are FDIC insured.
[1] Annual Percentage Yield

Checking & Money Market Rates

Type Minimum
Opening
Deposit
Minimum Balance
to Obtain APY
Annual Percentage Yield Interest Rate
NOW Account
Prime Interest Checking 100.00 100.00 .13 .13

  • Rates subject to change after the account is opened.
  • All rates are variable rates.
  • Minimum balances must be maintained to obtain the disclosed annual percentage yield (APY) listed above.
  • No monthly service charge when you maintain a daily balance of $500 or more. If balance falls below $500, the account will be charged a service fee of $6.
  • Fees may reduce earnings.

Type Minimum
Opening
Deposit
Minimum Balance
to Obtain APY
Annual Percentage Yield Interest Rate
Money Market * ** 1000.00 500.00 .34 .34

  • Rates subject to change after the account is opened.
  • All rates are variable rates.
  • For Money Market accounts, transaction restrictions apply. See below for details.
  • Minimum balance must be maintained to obtain the disclosed annual percentage yield (APY) listed above.
  • No monthly service charge when you maintain a daily balance of $1,000 or more. If balance falls below $1,000, the account will be charged a service fee of $10.

*Fees may reduce earnings.
**You may not make more than six withdrawals or transfers to another account of yours, or to a third party, by means of a preauthorized or automatic transfer, telephone, online banking, check, debit card or similar order during any statement cycle. A $10 per transaction charge applies for withdrawals in excess of six per statement cycle. Accounts with repeated excessive withdrawals are subject to closure.

Type Minimum
Opening
Deposit
Minimum Balance
to Obtain APY
Annual Percentage Yield Interest Rate
PIMMA * **
Prime Interest Money Market Account 50,000.00
$0.00 - $9,999.99   n/a 0.00 0.00
$10,000 - $49,999   10,000.00 .34 .34
$50,000 and up   50,000.00 1.24 1.23

  • Rates subject to change after the account is opened.
  • All rates are variable rates.
  • For Money Market accounts, transaction restrictions apply. See below for details.
  • Minimum balances must be maintained to obtain the disclosed annual percentage yields (APY) listed above.
  • No monthly service charge when you maintain a daily balance of $50,000 or more. If balance falls below $50,000, the account will be charged a service fee of $20.

*Fees may reduce earnings.
**You may not make more than six withdrawals or transfers to another account of yours, or to a third party, by means of a preauthorized or automatic transfer, telephone, online banking, check, debit card or similar order during any statement cycle. A $10 per transaction charge applies for withdrawals in excess of six per statement cycle. Accounts with repeated excessive withdrawals are subject to closure.

Home Equity Line of Credit

Introductory Rate Term Rate Floor LTV
Primary Residence 4.25% (12 months) 10/15 years WSJP + 0.50% 4.25% 75.00%
Investment Property N/A 10/15 years WSJP + 1.00% 5.50% 65.00%

  • 1-4 family occupied.
  • No Appraisal Required
  • Maximum loan amount of $200,000
  • Minimum credit score of 700
  • Closing Costs: None
  • New York Residents are required to pay Mortgage Taxes.
  • Vacation Properties 65% LTV

Fixed Home Equity

5 year 10 year 15 year 20 year LTV
1st Lien 4.00% 4.25% 4.50% 4.65% 80.00%
2nd Lien 5.00% 5.25% 5.50% 5.75% 80.00%

  • 1-4 family owner occupied.
  • No Appraisal Required
  • Loan Amount $10,000 to $200,000
  • Minimum credit score of 700
  • Closing Costs: None
  • New York Residents are required to pay Mortgage Tax.
  • Vacation Properties 65% LTV

Personal Loans

Loan Type Loan Amount Term Rate Floor LTV
Personal Unsecured $2,000 to $5,000 Up to 60 months 10.00%
Personal Secured $2,000 to $5,000 Up to 60 months 9.00%
CD Secured $2,000 and Up Up to 60 months Acct Rate + 2.00% 5.00% 100.00%
Overdraft Protection Account (ODP) $500 to $2,500 Minimum payment: $25.00 14.00%
Marketable Secured $2,000 and Up Up to 60 months WSJP 50.00%
Automobile, New $2,000 to $50,000 24 to 60 months 5.00% 100.00%
Automobile, Used $2,000 to $50,000 24 to 60 months 5.50% 80.00%

  • Personal Secured: If the collateral is an automobile over 5 years old and the LTV is 80% then the interest rate will be the personal secured rate.
  • Personal Loan Payment Examples:
    At 10.00% APR, you will make 60 monthly payments of $21.32 per $1,000.00 borrowed.
    At 9.00% APR, you will make 60 monthly payments of $20.83 per $1,000.00 borrowed.
  • Automobile Loans: Highlands State Bank makes loans on NJ, NY, PA state registered vehicles only.
  • Automobile Loans: The customer will be charged the cost of the car title lien.
  • Automobile Loans Payment Examples:
    At 5.00% APR, you will make 60 monthly payments of $18.91 per $1,000.00 borrowed.
    At 5.50% APR, you will make 60 monthly payments of $19.14 per $1,000.00 borrowed.

Consumer Home Improvement Loan

Loan Amount 5 Year 10 Year LTV
2nd Lien $5,000 to $50,000 6.75% 7.00% 100.00%

  • 1-4 family occupied primary residence (no exception on collateral, no vacation homes or investment properties)
  • Loan Purpose must be for Home Improvement (with documentation of proof, ie. plans, contractor's estimate)
  • Minimum FICO Score of 700 (no exceptions)
  • Debt to Income not to exceed 43% (no exceptions)
  • No appraisal required
  • Applicants pay all costs associated with the loan, approximately $249.00 (except Flood Life of Loan, $10.00, Highlands State Bank pays)
  • New York residents are also required to pay applicable Mortgage Taxes

To receive an application or more details on any of our loan products please visit your local Highlands State Bank branch.

All rates and terms subject to change without notice. All offers are subject to credit approval.

At Highlands State Bank, our commerical loan options give customers competitive interest rates, convenient payment options and a quick approval process.