Lapeer County Bank & Trust Co.

Interest Rates

Deposit Interest Rates
Lending Interest Rates

Deposit Interest Rates - Effective as of 05/22/13

Products	Balance	Interest Rate	APY*	Compounded
Green Rewards Qualifying Balance Non-Qualifying Balance	$0-25,000 $25,000+ $0-25,000	1.510% 0.100% 0.020%	1.52% 0.10% 0.02%	Monthly
Prestige Accounts (55 years +)	$1,000-2,499 $2,500-4,999 $5,000+	0.050% 0.075% 0.100%	0.05% 0.07% 0.10%	Monthly
Money Market Deposit Account	$1,000-2,499 $2,500-19,999 $20,000-49,999 $50,000+	0.050% 0.100% 0.125% 0.150%	0.05% 0.10% 0.12% 0.15%	Monthly
Interest Checking (NOW)	$500	0.050%	0.05%	Monthly
Health Savings Account	$25	0.100%	0.10%	Monthly
Passbook, EDISS, IRA	$100	0.100%	0.10%	Quarterly
Christmas Club	$5.00	0.100%	0.10%	Maturity
Choice Account **	$3,000-9,999 $10,000-49,999 $50,000+	0.100% 0.100% 0.100%	0.10% 0.10% 0.10%	Monthly
Individual Retirement Accounts (IRA)	$500	CD Rates Below Apply		Quarterly
Individual Retirement Accounts (IRA) - Variable	$100	0.419%	0.42%	Quarterly
Fees may reduce earnings. The minimum initial deposit amounts apply to the following personal accounts: Green Rewards Checking $25, Prestige Checking and Prestige Plus Checking $500, Interest Checking $25, Health Savings Account $25, Choice Checking $3,000, Money Market Savings $2,500, Passbook Savings $25, Everyday Interest Statement Savings $25, Christmas Club $5, Individual Retirement Accounts $500, Certificates of Deposit $1,000. List not inclusive of all accounts. Ask our Customer Service Representatives for more information. APY Annual Percentage Yield. *Ask about other options not insured by FDIC. Interest rates subject to change without notice.

Certificates of Deposit - Effective as of 05/22/13

CD - Length	Balance	Interest Rate	APY*	Compounded
15-179 days	$ 1,000-9,999 $10,000-24,999 $25,000+	0.092% 0.143% 0.212%	0.09% 0.14%0.21%	Maturity
6-11 months	$1,000-9,999 $10,000-24,999 $25,000+	0.101% 0.153% 0.238%	0.10% 0.15% 0.24%	Maturity
12-23 months	$1,000-9,999 $10,000-24,999 $25,000+	0.146% 0.213% 0.284%	0.15% 0.21% 0.28%	Quarterly
24-35 months	$1,000-9,999 $10,000-24,999 $25,000+	0.176% 0.248% 0.311%	0.18% 0.25% 0.31%	Quarterly
36-47 months	$1,000-9,999 $10,000-24,999 $25,000+	0.263% 0.338% 0.402%	0.26% 0.34% 0.40%	Quarterly
48-59 months	$1,000-9,999 $10,000-24,999 $25,000+	0.314% 0.389% 0.453%	0.31% 0.39% 0.45%	Quarterly
60 months	$1,000-9,999 $10,000-24,999 $25,000+	0.426% 0.550% 0.624%	0.43% 0.55% 0.63%	Quarterly
*Please ask about interest rates for Certificates of $100,000 or more* Substantial Penalty for early withdrawal of CD or IRA funds. The minimum initial deposit amounts for Certificates of Deposit is $1,000. List not inclusive of all accounts. Ask our Customer Service Representatives for more information. *APY Annual Percentage Yield. Interest rates subject to change without notice.

Residential Mortgage Interest Rates Effective as of 5/24/13

Product	Interest Rate	APR	Points
30 yr. Fixed	4.000%	4.071%	0%
20 yr. Fixed	3.875%	3.973%	0%
15 yr. Fixed	3.125%	3.248%	0%
10 yr. Fixed	3.125%	3.302%	0%
The Annual Percentage Rate (APR) is based upon a $100,000.00 mortgage with a 20% down payment and includes the following finance charges: 30 days prepaid interest, closing fee, flood certification, credit score disclosures, processing fees and points. The APR’s on a 30, 20, and 15 year fixed interest rates mortgage are subject to a .25% market condition fee. Private Mortgage Insurance (PMI) may be required on any mortgage that exceeds 80% loan to value. Jumbo mortgages assume loan amounts greater than $417,000.00. We also offer MSHDA and Rural Development loans. Contact the Retail Lending Department for more details. All interest rates are subject to change.
Home Equity Credit Line - Fixed Interest Rate
Amount	Term	Interest Rate	APR
$10,000 - $49,999	5 Yr.	6.25%	6.25%
$50,000 - greater	5 Yr.	6.00%	6.00%
Example: A loan of $10,000 at a fixed interest rate of 6.25% for 5 years would have an estimated monthly payment of $100.51. The payment is 1% of the outstanding balance. A balloon payment may be due at maturity. Other fees may apply. Discounts are not available on the Fixed Home Equity Credit Line Loan. The maximum loan to value cannot exceed 75% of the value of the home Ask us about our Green loan rates. All interest rates are subject to change.
Home Equity Credit Line - Variable Interest Rate
Amount	Term	Interest Rate	APR
$10,000 - $49,999	5 Yr.	Prime + 1/2%	4.25%
$50,000 - greater	5 Yr.	Prime	4.25%
Example: A loan of $10,000 at Prime + 1/2% margin for 5 years would have would have an estimated monthly payment of $100.35. The payment is 1% of the outstanding balance. A balloon payment may be due at maturity. The interest rate is based on the current "New York Prime Lending Rate" as published in the Wall Street Journal. Prime is currently at 3.25%. The maximum annual percentage interest rate that may be imposed during the term of the loan is 18%, and we have a floor of 4.25%. Other fees may apply. The maximum loan to value cannot exceed 75% of the value of the home. Ask us about our Green loan rates. All interest rates are subject to change.
Vacant Land - Variable Interest Rate
Down Payment	Term	Interest Rate	APR
50% Down Payment	60	Prime + 1.0%	6.159%
Example: A loan of $20,000.00 at Prime + 1% for 60 months with a $125.00 fee and a 20 year amortization would have an estimated monthly payment only of $143.32.. Prime is currently 3.25%, and we have a floor of 6.00% and a ceiling of 8.00%.. Other fees may apply. All interest rates subject to change.
New & Used Auto Loans
Model Year of Auto	Term	Interest Rate	APR
2010-2012	60-72	4.750%	5.177%
2006-2009	48-54	5.250%	5.812%
2003-2005	30-42	7.000%	7.716%
Example: A loan for $10,000 at 5.250% on a 2005 vehicle for 54 months with a $125.00 fee would have an estimated monthly payment of $210.90. Other fees may apply. Ask us about our Green loan rates. All interest rates subject to change.
Large RV’s & Watercraft (marine/trailers/campers)
Product	Term	Interest Rate	APR
New	180	8.375%	8.479%
Example: A loan for $20,000.00 at 8.375% for 180 months with a $125.00 fee would have an estimated monthly payment of $196.70. Other fees may apply. All interest rates subject to change.
Small RV’S (snowmobile, personal watercraft, motorcycle, lawn & garden)
Product	Term	Interest Rate	APR
New	60	8.250%	9.295%
Example: A loan for $5,000.00 at 8.25% for 60 months with a $125.00 fee would have an estimated monthly payment of $104.51. Other fees may apply. All interest rates subject to change.