 |
Rates
Deposit Rates |
Certificate of Deposit |
Lending Rates
Deposit Rates
Effective date - 6/30/08 thru 7/6/08
Account
Type |
Minimum
Amount To
Open |
Annual
Percentage
Yield |
Interest
Rate |
|
|
|
| Savings Advantage |
$50 - 9,999 |
0.15% |
0.15% |
| |
$10,000.00+ |
0.76% |
0.76% |
| Premium Checking |
$1000.00 |
0.10% |
0.10% |
| Kentuckys Preferred |
$2,500 - 7,499 |
0.20% |
0.20% |
| |
$7,500 - 9,999 |
0.30% |
0.30% |
| |
$10,000+ |
0.40% |
0.40% |
| Basic Savings & Looney Tunes Savings Club |
$50 |
0.15% |
0.15% |
| Christmas Club Savings |
$5 |
0.10% |
0.10% |
| Money Market Checking |
$1,000 - 9,999 |
0.21% |
0.21% |
| |
$10,000 - 49,999 |
0.57% |
0.57% |
| |
$50,000+ |
1.44% |
1.43% |
| *Savings IRA Fixed (12 month Maturity) |
$100 |
2.12% |
2.10% |
| College Savers Fund |
$100 - 9,999 |
1.41% |
1.40% |
| |
$10,000
- 49,999 |
1.51% |
1.50% |
| |
$50,000+ |
1.61% |
1.60% |
| CD Builder |
$500 |
0.70 |
0.70% |
|
| * Early withdrawal penalty may apply |
Certificates of Deposit
Effective date - 6/30/08 thru 7/6/08
| Certificates of Deposit |
Minimum
Amount To
Open |
Annual
Percentage
Yield |
Interest
Rate |
|
|
|
| 15 Month Penalty Free after 7 days (CD's
only) |
$5000 |
2.03% |
2.01% |
| 13 Months (CD & IRA's) |
$5000 |
3.04% |
2.99% |
| 26 Months (CD & IRA's) |
$5000 |
3.91% |
3.84% |
|
* Rate Change From Previous Week
Early Withdrawal Penalty on all Certificates of Deposit
Fees may reduce earnings. |
*The above rates are the posted rates for Kentucky Bank for the certificates of
deposits listed above. Rates may vary among branches and may vary if amounts,
terms or other conditions vary from those posted above.
Mortgage Lending Rates
Effective date -
7/1/08
*** Please call for current rates ***
Conditions
Type |
Program |
Amort |
Max
LTV |
Preferred
Rate** |
PTS |
APR |
|
|
|
| Conventional Residential Mortgage |
|
|
|
|
|
|
| Owner Occupied |
fixed rate |
15 yrs |
*95% |
*** |
1 |
*** |
| Applicant and property meet FHLMC requirements |
fixed rate |
20 yrs |
*95% |
*** |
1 |
*** |
|
fixed rate |
30 yrs |
*95% |
*** |
1 |
*** |
| SUN TRUST |
|
|
|
|
|
|
| for loan amt >$124,999 - discount |
fixed rate |
15 yrs |
95% |
*** |
1 |
*** |
|
fixed rate |
20 yrs |
95% |
*** |
1 |
*** |
|
fixed rate |
30 yrs |
95% |
*** |
1 |
*** |
| *
Loans above 80% require PMI |
| **
Jumbo Rates Available Upon Request |
| KENTUCKY HOUSING |
|
|
|
|
|
|
| Conventional Loans |
|
|
|
|
|
|
| Ready Rate |
|
|
105% |
*** |
1 |
*** |
| Ready Rate / Zero-Point |
|
|
105% |
*** |
0 |
*** |
| Government Loans |
|
|
|
|
|
|
| Regular Rate |
|
|
100% |
*** |
2 |
*** |
| Regular Rate / Zero-Point |
|
|
100% |
*** |
0 |
*** |
| CONVENTIONAL, BANK PORTFOLIO |
|
|
|
|
|
|
| Owner Occupied |
1/1 yr ARM |
|
90% |
5.46% |
0 |
*5.57% |
|
2/1 yr ARM |
|
90% |
6.05% |
0 |
*6.16% |
|
3/1 yr ARM |
|
90% |
6.33% |
0 |
*6.44% |
|
5/1 yr ARM |
|
90% |
6.75% |
0 |
*6.87% |
| |
7/1 yr ARM |
|
95% |
7.49% |
0 |
*7.61% |
|
3 yr balloon |
30 yrs |
90% |
---- |
0 |
----- |
|
5 yr balloon |
30 yrs |
90% |
---- |
0 |
----- |
| *Rates may increase after consummation |
| Fixed Rate Second Mortgage |
fixed rate |
7 yrs |
60% |
7.70% |
0 |
7.70% |
|
fixed rate |
7 yrs |
61-90% |
8.20% |
0 |
8.20% |
| Residential Construction |
|
|
|
|
1 |
|
| Subject to permanent financing commitment with Kentucky
Bank |
| Government programs also available |
| Farm or commercial mortgage-non-owner occupied |
|
|
|
|
|
|
| Purchase or refinance property |
3 yr balloon |
30 yrs |
85% |
*** |
|
|
|
5 yr balloon |
30 yrs |
85% |
*** |
|
|
*** See Commercial Lender for Rates.
Click here for our Locations
or Contact
Us via email. |
|
1/1 yr ARM |
30 yrs |
85% |
----- |
|
----- |
|
3/1 yr ARM |
30 yrs |
85% |
----- |
|
----- |
|
5/1 ARM |
30 yrs |
85% |
----- |
|
----- |
|
fixed rate |
15 yrs |
85% |
|
|
|
|
fixed rate |
20 yrs |
85% |
|
|
|
| Capital improvements |
3 yr balloon |
5 or 7 yr |
85% |
|
0 |
|
|
*PREFERRED RATES APPLY ONLY IF CUSTOMER CHOOSES
AUTO PAYMENTS
FROM A NEW OR EXISTING CHECKING ACCOUNT OR OPENS A HOME EQUITY
LINE
**LOAN AMOUNT AT LEAST $100,000 |
|
