Current Rates

Promotions

The 4.00% APY* e-Solution

Personal and Business

Make your money work harder with a 4.00% APY* free e-Checking or free e-Business Checking account and 4.00% APY* e-Savings or e-Business Savings account from the Bank of Greene County.

*Annual Percentage Yield (APY) is effective as of 11/1/22.  Balances of $1 to $500 earn 4.00%.  Any balance over $500 earns a blended rate of 3.99% to 0.10%.  Fees may reduce earnings. There is no monthly fee for an e-Savings or e-Business Savings account with a minimum balance of $400.  Minimum to open an e-Savings or e-Business Savings is $25.

Learn More

e-Lightning Checking - new online only account!

e-Lightning Checking – open your checking account online and get the same great benefits as our other checking accounts! Plus:

  • $300 in GreeneReward points*
  • 4.00% APY** on the first $500

Learn More

Open an e-Lightning Account Now!

Account must be opened online.

* Direct deposit required to receive $300 GreeneRewards bonus.  Direct deposit transaction includes payroll and must begin within the first 90 days of account opening to receive the bonus offer.  $25 in GreeneReward points will be awarded to your enrolled Bank of Greene County Visa® Debit Card for 12 months as long as direct deposit continues.

**Annual Percentage Yield (APY) is effective as of 9/28/22.  Balances of $1 to $500 earn 4.00%.  Any balance over $500 earns a blended rate of 3.99% to 0.10%.  Fees may reduce earnings.

CD Specials

5-Star CD – the 5-year CD with a guaranteed interest rate of 2.65% APY*, a bonus of $500 (deposit of $100,000 or more) or $250 (deposit of $50,000 to $99,999), and your choice on how to receive the interest!

Learn more about the 5-Star CD!

Triple Protection CD – the 3-year CD from the Bank of Greene County that protects YOU!   You can make a one-time additional deposit, adjust your rate once, and withdraw your money without penalty for a medical emergency!

Learn more about the Triple Protection CD Special

*Annual Percentage Yield (APY) is effective as of 11/30/22 and is subject to change without notice.

Minimum deposit of $1,000 is required to open a Certificate of Deposit.  A penalty may be imposed for early withdrawal.

Fast Finish Mortgage

Pay off your home in 10 years or less & save! Refinance now with our Fast-Finish Mortgage and lock in a special, low fixed rate: 6.29% Rate / 6.58% APR*.  And get $250 in  GreeneReward Points – redeem for merchandise, travel, and more – our house “re-warming” gift to you!

*APR = Annual Percentage Rate. Promotional rate and offer are effective 11/16/22.   Promotional rate on your loan is offered on the condition that you maintain a checking account so that the payment is deducted.  Auto debit is required for promotional rate.

Learn More

Commercial Fast Finish Mortgage

Commercial Fast Finish – Refinance now with our Commercial Fast-Finish Mortgage and lock in a special rate And get your choice of an Apple® iPad or Apple® Watch totally FREE at closing!  Give us a call at 518-943-1424 for rates and details!

Personal Rates

Checking

Minimum Balance (to obtain APY) Rate APY
FREE e-CHECKING ACCOUNT
$1 - $500 3.93% 4.00%
over $500 0.10% 0.10% to 3.99%
NIFTY-FIFTY CHECKING ACCOUNT
Nifty Fifty Club 0.10% 0.10%
PREMIERE CHECKING ACCOUNT
$1 - $9,999 0.01% 0.01%
$10,000 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.12% 0.12%
$50,000 - higher 0.12% 0.12%
ULTIMATE CHECKING ACCOUNT
$1 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.15% 0.15%
$50,000 - $99,999 0.15% 0.15%
$100,000 - $499,999 0.15% 0.15%
$500,000 - higher 0.15% 0.15%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Savings & Certificates of Deposit (CD)

Savings Accounts
Minimum Balance (to obtain APY) Rate APY
e-SAVINGS
$1 - $500 3.92% 4.00%
over $500 0.10% 0.10% to 3.99%
RISK FREE IRA SAVINGS
$1 - $24,999 0.12% 0.12%
$25,000 - $49,999 0.12% 0.12%
$50,000 - $99,999 0.12% 0.12%
$100,000 - $499,999 0.12% 0.12%
$500,000 - higher 0.12% 0.12%
STATEMENT & PASSBOOK SAVINGS
Statement Savings 0.10% 0.10%
Passbook Savings 0.10% 0.10%
MORE YIELD SAVINGS
$1 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.12% 0.12%
$50,000 - $99,999 0.12% 0.12%
$100,000 - $499,999 0.12% 0.12%
$500,000 - higher 0.12% 0.12%
HOLIDAY CLUB ACCOUNT
e-Holiday Savings Club 0.12% 0.12%
Passbook Savings Club 0.12% 0.12%
Statement Savings Club 0.12% 0.12%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Money Market Accounts
Minimum Balance (to obtain APY) Rate APY
$1 - $24,999 0.01% 0.01%
$25,000 - $49,999 0.05% 0.05%
$50,000 - $99,999 0.12% 0.12%
$100,000 - $499,999 0.12% 0.12%
$500,000 - $999,999 0.12% 0.12%
$1,000,000 - $1,999,999 0.12% 0.12%
$2,000,000 - higher 0.12% 0.12%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Student Savings

Minimum Balance (to obtain APY) Rate APY
STUDENT e-NEXT GENERATION SAVINGS
$1 - $100 3.92% 4.00%
over $100 0.10% 0.10% to 3.99%
STUDENT PASSBOOK
Student Passbook 0.10% 0.10%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Certificates of Deposit (CD)
Term Rate APY
TRIPLE PROTECTION CD**
3 Year 0.25% 0.25%
5 STAR CD**
5 Years 2.58% 2.65%
CERTIFICATES OF DEPOSIT and IRA CERTIFICATES OF DEPOSIT**
5 Month 0.10% 0.10%
6 Month 0.15% 0.15%
7 Month 0.20% 0.20%
8 Month 0.20% 0.20%
9 Month 0.20% 0.20%
1 Year 0.25% 0.25%
1 Year Relationship CD-with active checking account* 0.49% 0.50%
15 Month 0.30% 0.30%
15 Month Relationship CD-with active checking account* 0.54% 0.55%
18 Month 0.25% 0.25%
20 Month 0.34% 0.35%
20 Month Relationship CD-with active checking account* 0.59% 0.60%
2 Year 0.25% 0.25%
2 1/2 Year 0.25% 0.25%
3 Year 0.25% 0.25%
4 Year 0.25% 0.25%

*Relationship Certificates must be accompanied by an active checking account. An active account is one that completes 3 or more transactions per month.

**Certificates of Deposit:  $1,000.00 minimum to open account. $1,000.00 minimum to earn APY.

IRA Certificates of Deposit:  $500.00 minimum to open and $500.00 minimum to earn APY.

Certificates of Deposit may impose penalty for early withdrawal.

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Mortgages

**Mortgage Rates Available With Terms From 5 to 30 Years**
Adjustable Rate Mortgages: New & Existing 1 & 2 Family Owner-Occupied Homes
Initial Rate Points Cap Per Adj Lifetime Cap Margin APR Monthly P & I Payment per $1,000
5/1 *5.490% 0.00% 1.50% 11.490% 2.75% 5.666% $5.67
5/1 5.740% 0.00% 1.50% 11.740% 3.00% 5.920% $5.83
10/1 *5.990% 0.00% 1.50% 11.990% 2.75% 6.174% $5.99
10/1 6.240% 0.00% 1.50% 12.240% 3.00% 6.428% $6.15

Payment per $1,000 based on initial rate and maximum term of 30 years.  Floor is set at initial interest rate. APR may increase after loan consummation.   See additional terms and conditions below.

Fixed Rate Mortgage Loans: New & Existing 1 & 2 Family Owner-Occupied Homes
Rate Points APR Monthly P & I Payment per $1,000
10 Year Term
*6.290% 0.00% 6.730% $11.25
6.540% 0.00% 6.987% $11.38
15 Year Term
*6.490% 0.00% 6.808% $8.71
6.740% 0.00% 7.062% $8.84
20 Year Term
*6.790% 0.00% 7.050% $7.63
7.040% 0.00% 7.305% $7.78

*Preferred interest rate is offered on the condition that you maintain a checking account with us from which we may deduct your monthly payments as they are due.  Mortgage rates apply to requests of $715,000 or less. APR= Annual Percentage Rate.  APR listed is based on a $100,000 Mortgage Loan.

Additional Information

Mortgage Application Checklist

MOBILE HOME LOANS

Maximum Loan to Value – 75% on Single-wide homes and 85% on Double-wide homes on foundation.
Doublewide manufactured housing – maximum term 30 years.
Singlewide manufactured housing – maximum term of 15 years, add 1.00%.

RATE LOCK-IN: 90 days from date of application

Loan To Value Rate Adjustments

Loan to value ratio 80.01% to 85.00%, increase rate by .50%.
Rate increase by .25% for three & four family owner-occupied dwellings.

Loan Amounts

For requests in excess of $715,000 maximum loan to value is 70%.

PROCESSING FEES

Credit Report fee – due at time of application – $30.00 for Individuals and $50.00 due for Joint Applicants.
Appraisal fee – $375.00 due prior to appraisal order. (Additional charge for 2 family & up.)
Origination Fee – .75% for Purchase, Refinance, and Mortgage Modifications
Origination Fee – 1.00% for Construction Mortgages
Application fee – $100.00

The mortgage note will be at the stated rate. At closing, an agreement may be entered into by both parties reducing the rate by .25%.  This agreement will stay in effect as long as we are able to transfer automatic payments from your Bank of Greene County checking account as the payments are due.  If there are insufficient or uncollected funds in excess of three times in a calendar year, the agreement becomes null and void, and the interest rate reverts back to the note rate.

The Bank of Greene County requires an escrow account on all mortgages for the payment of town, village and school taxes, as well as homeowners insurance (and flood insurance and PMI insurance, if applicable).  Escrow may be waived; certain terms and conditions apply.

Since a mortgage is a legally binding contract between yourself and the bank, we recommend that you engage the services of an attorney.  The Bank’s attorney will represent the Bank’s interest only.  Our attorney will charge for his/her services.  Should you have any questions regarding the mortgage application, rates, fees, or requirements, please call our lending center at (518) 943-1424.

The above rates and terms are subject to daily change without notice.  Please call our lending center at (518) 943-1424 for current rates and terms.

Equal Housing Lender

Home Equity

Home Equity Loans – Fixed Rate

(subject to credit approval)

1st Lien Position — Subject property must be unencumbered OR first mortgage must be with The Bank of Greene County

Rate APR Monthly P & I Payment per $1,000
5-year term
*5.990% 6.179% $19.33
6.240% 6.429% $19.44
10-year term
*6.490% 6.591% $11.35
6.740% 6.842% $11.48
15-year term
*6.790% 6.862% $8.87
7.040% 7.113% $9.01

* Preferred rate on your loan is offered on the condition that you maintain a checking or N.O.W. account with us from which we may deduct your monthly payments as they come due.  APR=Annual Percentage Rate, APR listed is based on a $25,000 Home Equity Loan. Rate is locked for 90 days from date of application.

Additional Information
  • No closing costs, except mandatory New York State Mortgage Tax.  Title insurance may be required, additional fees apply.
  • Rates quoted are for 1 to 2 family homes, owner occupied only
  • Standard rates apply for LTV of 80% or less
  • Loan to Value Ratio 80.01% – 85.00%, increase rate by 1.00%
  • Appraisal required -$225.00 – $375.00 estimated cost
  • Home Equity Loans paid or refinanced within 2 years may require closing costs to be reimbursed to the bank.
Home Equity Loans — Fixed Rate

(subject to credit approval)

2nd Lien PositionFirst mortgage must be with a lending institution

Rate APR Monthly P & I Payment per $1,000
5-year term
*6.390% 6.580% $19.51
6.640% 6.830% $19.63
10-year term
*6.890% 6.992% $11.55
7.140% 7.242% $11.68
15-year term
*7.590% 7.664% $9.32
7.840% 7.915% $9.46

* Preferred rate on your loan is offered on the condition that you maintain a checking account or N.O.W. account with us from which we may deduct your monthly payments as they come due. APR=Annual Percentage Rate.  APR listed is based on a $25,000 Home Equity Loan. Rate locked for 90 days from date of application. 

Additional Information
  • No closing costs, except mandatory New York State Mortgage Tax.  Title insurance may be required, additional fees apply.
  • Rates quoted are for 1 to 2 family homes, owner occupied only
  • Maximum LTV of 65%
  • Appraisal required -$225.00 – $375.00 estimated cost
  • Home Equity Loans paid or refinanced within 2 years may require closing costs be reimbursed to the bank.
GreenEquity Line of Credit: (1-2) family owner occupied
  1. First Lien Position*Prime Rate Minus 0.25% (variable) for life of loan with auto-debit from a Bank of Greene County checking account. Program applies to loan amounts between $7,500-$715,000. Annual Percentage Rate (APR) is 7.00%.  Loan amounts greater than $715,000 – Prime Rate plus .25% with auto-debit from a Bank of Greene County checking account, Standard rate is Prime + .50%.  Annual Percentage Rate (APR) is 7.50%.  Rates are adjusted daily.  Floor rate: 4.75%, Ceiling:  25.0%. Maximum loan amount set at 80% of appraised value less first mortgage (if applicable) for loan amounts up to $715,000.  Loan amounts greater than $715,000 maximum loan amount set at 70% of appraised value less first morgage balance (if applicable).  Standard rate applies to loan amounts of $7,500-$715,000 without auto-debit payment.  Introductory Rate: 4.99% for first six months from the date of closing applies with auto-debit from a Bank of Greene County checking account.  Introductory rate applies to loan amounts up to $715,000.  Standard rate is Prime Rate.  *To qualify for interest rate under this option, the Subject Property must be unencumbered OR the existing first mortgage must be with the Bank of Greene County.
  2. Second Lien Position*Prime Rate Plus 0.25% (variable) for life of loan with auto-debit from a Bank of Greene County checking account. Program applies to loan amounts between $7,500-$250,000.    Rates are adjusted daily.  Floor rate: 6.00%, Ceiling:  25.0%. Maximum loan amount set at 65% of appraised value less first mortgage.  Standard rate applies to loan amounts of $7,500-$250,000 without auto-debit payment.  Standard rate is Prime Rate + .50%.  Annual Percentage Rate (APR) is 7.50%. Introductory Rate: 5.99% for the first six months from the date of closing applies with auto-debit from a Bank of Greene County checking account. Ten-year access period, interest only charged on outstanding balance during the access period.  Line converts to a fifteen-year variable amortization after access period.  This applies to First Lien and Second Lien Lines of Credit.  Contact mortgage department for fees and closing costs.  *To qualify for interest rate under this option, the existing mortgage on the Subject Property must be with a lending institution.

 

Auto & Personal

Consumer Loans
Terms Rate APR Monthly P&I Payment per $1,000
New Auto — 2022
36 Months 4.99%*
5.49%
4.99%*
5.49%
$29.97
$30.19
48 Months 4.99%*
5.49%
4.99%*
5.49%
$23.02
$23.25
60 Months 5.24%*
5.74%
5.24%*
5.74%
$18.98
$19.21
66 Months 5.49%*
5.99%
5.49%*
5.99%
$17.59
$17.82
Demo's Leftovers** — Year 2021-2022
36 Months 5.99%*
6.49%
5.99%*
6.49%
$30.42
$30.64
48 Months 5.99%*
6.49%
5.99%*
6.49%
$23.48
$23.71
60 Months 5.99%*
6.49%
5.99%*
6.49%
$19.33
$19.56
Used Auto — 2021 and older: Maximum term 60 months
2018 - 2021 6.99%
7.49%
6.99%
7.49%
$19.80
$20.03
2014 - 2017 7.29%*
7.79%
7.29%*
7.79%
$19.94
$20.18
2013 and older 7.49%*
7.99%
7.49%*
7.99%
$20.03
$20.27

Subject to Credit Approval

* Preferred rate on your loan is offered on the condition that you maintain a checking account with us from which we may deduct your monthly payment as they come due.
APR=Annual Percentage Rate
**For vehicles with less than 20,000 Miles

Personal Loan Rates
Term Rate APR Monthly P&I Payment Per $1,000
UNSECURED
12-36 Months 10.95%*
11.45%
10.95%
11.45%
$32.72
$32.95
37-48 Months 11.95%*
12.45%
11.95%
12.45%
$26.31
$26.56
49-60 Months 12.95%*
13.45%
12.95%
13.45%
$22.73
$22.98
SECURED
12-36 Months 9.95%*
10.45%
9.95%
10.45%
$32.24
$32.48
37-48 Months 10.95%*
11.45%
10.95%
11.45%
$25.82
$26.06
49-60 Months 11.95%*
12.45%
11.95%
12.45%
$22.22
$22.47

Subject to Credit Approval

* Preferred rate on your loan is offered on the condition that you maintain a checking account with us from which we may deduct your monthly payment as they come due.
APR=Annual Percentage Rate

Business Rates

Checking

Minimum Balance (to obtain APY) Rate APY
FREE e-BUSINESS CHECKING ACCOUNT
$1-$499 3.93% 4.00%
over $500 0.10% 0.10% to 3.99%

Any fees charged could reduce earnings.

RATE = Interest Rate APY = Annual Percentage Yield

All rates subject to change without notice.

Savings

Business Money Market Accounts
Minimum Balance (to obtain APY) Rate APY
$1 - $24,999 0.01% 0.01%
$25,000 - $49,999 0.05% 0.05%
$50,000 - $99,999 0.12% 0.12%
$100,000 - $499,999 0.12% 0.12%
$500,000 - $999,999 0.12% 0.12%
$1,000,000 - $1,999,999 0.12% 0.12%
$2,000,000 - higher 0.12% 0.12%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Business Savings Accounts
Minimum Balance (to obtain APY) Rate APY
e-BUSINESS SAVINGS
$1 - $500 3.92% 4.00%
over $500 0.10% 0.10% to 3.99%
MORE YIELD SAVINGS
$1 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.12% 0.12%
$50,000 - $99,999 0.12% 0.12%
$100,000 - $499,999 0.12% 0.12%
$500,000 - higher 0.12% 0.12%
STATEMENT & PASSBOOK SAVINGS
Statement Savings 0.10% 0.10%
Passbook Savings 0.10% 0.10%

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Certificates of Deposit (CD)

Term Rate APY
TRIPLE PROTECTION CD**
3 Year 0.25% 0.25%
5-STAR CD**
5 Year 2.58% 2.65%
CERTIFICATES OF DEPOSIT and IRA CERTIFICATES OF DEPOSIT**
5 Month 0.10% 0.10%
6 Month 0.15% 0.15%
7 Month 0.20% 0.20%
8 Month 0.20% 0.20%
9 Month 0.20% 0.20%
1 Year 0.25% 0.25%
1 Year Relationship CD-with active checking account* 0.49% 0.50%
15 Month 0.30% 0.30%
15 Month Relationship CD-with active checking account* 0.54% 0.55%
18 Month 0.25% 0.25%
20 Month 0.34% 0.35%
20 Month Relationship CD-with active checking account* 0.59% 0.60%
2 Year 0.25% 0.25%
2 1/2 Year 0.25% 0.25%
3 Year 0.25% 0.25%
4 Year 0.25% 0.25%

*Relationship Certificates must be accompanied by an active checking account. An active account is one that completes 3 or more transactions per month.

**Certificates of Deposit:  $1,000.00 minimum to open account. $1,000.00 minimum to earn APY.

IRA Certificates of Deposit:  $500.00 minimum to open and $500.00 minimum to earn APY.

Certificates of Deposit may impose penalty for early withdrawal.

Any fees charged could reduce earnings.

RATE = Interest Rate       APY = Annual Percentage Yield

All rates subject to change without notice.

Rates effective as of 11/30/2022 and are subject to change without notice.