Interest Rates

4/1/2024
Rates are subject to change without notice.

Checking Rates

Personal Checking Accounts
Account Name

Interest Rewards Checking2

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$0 - $25,000
Over $25,000
All balances if qualifications not met

APY1

3.55%
3.55% - 1.64%
0.05%

Account Name

Legacy Checking3

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$1

APY1

0.05%

Account Name

 

Minimum to Open

 

Minimum Daily Balance to Earn Interest

 

APY1

 

Rates may change after account is opened. Rates accurate as of 5/16/2024.
Fees may reduce earnings.
1 Annual Percentage Yields (APY) are based upon daily balance.
2 To earn rewards, simply perform the following activities and transactions in your Interest Rewards Checking account each monthly qualification cycle:
  • Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account.
  • Be enrolled in online banking, and be enrolled in and agree to receive eStatements.
3 Legacy Checking available to individuals age 62+.
Learn More About Personal Checking

Savings Rates

Personal Savings Accounts
Account Name

Statement Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Interest Rewards Saver2,3

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$0 - $50,000
Over $50,000
All balances if qualifications not met

APY1

0.50%
0.50% - 0.38%
0.05%

Account Name

PassCard Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Holiday Club Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Kids Looney Tunes Savings Club

Minimum to Open

$1

Minimum Daily Balance to Earn Interest

$50

APY1

0.05%

Rates may change after account is opened. Rates accurate as of 4/15/2024.
Fees may reduce earnings.
1 Annual Percentage Yields (APY) are based upon daily balance.
2 To earn rewards, simply perform the following activities and transactions in your Interest Rewards Checking account each monthly qualification cycle:
  • Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account.
  • Be enrolled in online banking, and be enrolled in and agree to receive eStatements.
3 Must have Interest Rewards Checking or Cash Back Rewards Checking to enroll in Interest Rewards Saver.
Learn More About Personal Savings

Money Market Rates

Money Market Accounts
Account Name

Premier Money Market

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$1
$75,000

APY1

0.10%
0.15%

Account Name

Choice Money Market2

Minimum to Open

$25,000

Minimum Daily Balance to Earn Interest

$25,000
$100,001
$250,001

APY1

1.00%
1.51%
1.76%

Rates may change after account is opened. Rates accurate as of 4/15/2024.
Fees may reduce earnings.
1 Annual Percentage Yields (APY) are based upon daily balance.
2 Requires $25,000 in new funds not currently on deposit at Brentwood Bank.
Learn More About Money Markets

Certificate of Deposit and IRA Rates

Certificate of Deposit and IRA
Term

10 Year

Minimum Deposit

$2,000

APY*

2.00%

Term

7 Year

Minimum Deposit

$2,000

APY*

2.00%

Term

5 Year

Minimum Deposit

$2,000

APY*

2.50%

Term

4 Year

Minimum Deposit

$2,000

APY*

2.10%

Term

3 Year

Minimum Deposit

$2,000

APY*

2.00%

Term

30 Month

Minimum Deposit

$2,000

APY*

4.07%

Term

24 Month

Minimum Deposit

$2,000

APY*

2.02%

Term

18 Month

Minimum Deposit

$2,000

APY*

1.60%

Term

13 Month^

Minimum Deposit

$10,000

APY*

4.85%

Term

12 Month

Minimum Deposit

$2,000

APY*

1.50%

Term

9 Month

Minimum Deposit

$2,000

APY*

4.33%

Term

6 Month

Minimum Deposit

$2,000

APY*

3.56%

Term

3 Month

Minimum Deposit

$2,000

APY*

0.10%

Fees may reduce earnings.
* APYs accurate as of 4/15/2024. The minimum required to open this account and receive the APY is $2,000. APY = Annual Percentage Yield. CDs with balance at maturity between $250.00 & $1,999.99 will renew at the comparable PassCard APY; CDs with balance at maturity below $250.00 will renew at 0%. Penalties may be imposed for early withdrawal. 
^ Requires $10,000 in new funds not currently on deposit at Brentwood Bank. 13 month CD rate not available for institutional funds.
Learn More About CDs

Home Equity Loan Rates

Home Equity Term Loan - 1st Lien
Term

36 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$1,538.15

APR*

6.750%

Term

60 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$948.17

APR*

6.750%

Term

84 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$748.54

APR*

6.750%

Term

120 Months

Interest Rate

7.000%

Monthly Payment ($50,000 Loan)

$580.54

APR*

7.000%

Term

180 Months

Interest Rate

7.000%

Monthly Payment ($50,000 Loan)

$449.41

APR*

7.000%

* The APRs are not available for the refinance of an existing Brentwood Bank loan, line or mortgage.
Home Equity Loan and Lines of Credit must be secured by a one to four family owner-occupied property with a loan to value (LTV) ratio of 89.9% or less.
Property insurance is required and flood insurance may be required.
APRs and monthly payments are based on a $50,000.00 loan.
Payment examples do not include taxes or insurance. Therefore, your actual housing obligation will be greater.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
APRs are accurate as of 4/15/2024 and are subject to change without notice. 
Approval is subject to Brentwood Bank underwriting guidelines. 
Appraisal Fee ranging from $330 to $610 may be required.
 
Learn More about Home Equity Loans

Home Equity Loan Rates

Home Equity Term Loan - Subordinate Lien
Term

36 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$1,541.00

APR*

6.875%

Term

60 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$987.11

APR*

6.875%

Term

84 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$751.58

APR*

6.875%

Term

120 Months

Interest Rate

7.125%

Monthly Payment ($50,000 Loan)

$583.77

APR*

7.125%

Term

180 Months

Interest Rate

7.125%

Monthly Payment ($50,000 Loan)

$452.92

APR*

7.125%

* The APRs are not available for the refinance of an existing Brentwood Bank loan, line or mortgage. 
Home Equity Loan and Lines of Credit must be secured by a one to four family owner-occupied property with a loan to value (LTV) ratio of 89.9% or less. Property insurance is required and flood insurance may be required.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
APRs and monthly payments are based on a $50,000.00 loan.
APRs are accurate as of 4/15/2024 and are subject to change without notice. 
Approval is subject to Brentwood Bank underwriting guidelines. Appraisal Fee ranging from $330 to $610 may be required.
 
Learn More About Home Equity Loans

Home Equity Line of Credit Rates

HELOC Loans
Variable Interest Rate

Wall Street Journal (WSJ) Prime

Payments

Monthly - Interest Only

APR*

8.500%

* For variable Lines of Credit, APR is based on WSJ Prime Rate, which may increase after account opening. 
Maximum APR for variable Lines of Credit is 18%.
Home Equity Loan and Lines of Credit must be secured by a one to four family owner-occupied property with a loan to value (LTV) ratio of 89.9% or less.
Property insurance is required and flood insurance may be required.
Consult with a tax advisor to determine whether the interest you pay is tax deductible.
10-Year Draw Period.
APRs are accurate as of 4/15/2024 and are subject to change without notice.
Approval is subject to Brentwood Bank underwriting guidelines.
$50 annual fee required.
Appraisal Fee ranging from $330 to $610 may be required.
  
 
Learn More About HELOCs

Unsecured Loan Rates

Personal Loans
Term

36 Months

Interest Rate

9.990%

Monthly Payment

$161.31

APR*

9.990%

Term

48 Months

Interest Rate

9.990%

Monthly Payment

$126.79

APR*

9.990%

Term

60 Months

Interest Rate

9.990%

Monthly Payment

$106.21

APR*

9.990%

*APR (Annual Percentage Rate) is based on $5,000 loan; minimum loan amount $1,000.
Above rates are not available for the refinance or modification of an existing Brentwood Bank loan or mortgage.
APRs are accurate as of 4/15/2024 and are subject to change without notice.
 
Learn More Unsecured Loans

Residential Mortgage Rates

Conventional Single Family Owner-Occupied
Term

30 Year

Interest Rate

6.750%

Points

+1

Monthly Payment

$648.60

APR*

6.945%

Term

30 Year

Interest Rate

7.000%

Points

+0

Monthly Payment

$665.30

APR*

7.097%

Term

25 Year

Interest Rate

6.625%

Points

+1

Monthly Payment

$683.04

APR*

6.842%

Term

25 Year

Interest Rate

6.875%

Points

+0

Monthly Payment

$698.83

APR*

6.982%

Term

20 Year

Interest Rate

6.625%

Points

+1

Monthly Payment

$752.95

APR*

6.879%

Term

20 Year

Interest Rate

6.875%

Points

+0

Monthly Payment

$767.81

APR*

6.963%

Term

15 Year

Interest Rate

6.250%

Points

+1

Monthly Payment

$857.42

APR*

6.564%

Term

15 Year

Interest Rate

6.500%

Points

+0

Monthly Payment

$871.11

APR*

6.654%

Term

10 Year

Interest Rate

6.250%

Points

+1

Monthly Payment

$1,122.80

APR*

6.693%

Term

10 Year

Interest Rate

6.500%

Points

+0

Monthly Payment

$1,135.48

APR*

6.717%

* APR (Annual Percentage Rate) based on $100,000 loan amount, 15 days prepaid interest with a maximum loan to value of 80%, and a credit score of 740 or better. Higher loan to values will require private mortgage insurance.
Conventional mortgage loan is defined as a loan value of $726,200 or lower.
Above rates are indications only and reflect a 60 day lock period for the purchase or no cash-out refinance of first lien, owner occupied residential property in Brentwood Bank market areas. All applications are subject to approval under Brentwood Bank’s underwriting guidelines and collateral requirements.
Above rates are not available for the refinance or modification of an existing Brentwood Bank loan or mortgage.
APRs are accurate as of 4/15/2024 and are subject to change without notice.
Property insurance is required and flood insurance may be required.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
Payment examples do not include amounts for taxes and insurance premiums. Therefore, your actual payment will be greater.
Please contact your mortgage loan officer for investment properties, second home and condominiums for current interest rate and terms.
 
Learn More About Mortgages

Residential Mortgage Rates

Jumbo Single Family Owner-Occupied
Term

30 Year

Rate

7.000%

APR*

7.013%

Term

15 Year

Rate

6.750%

APR*

6.771%

* APR (Annual Percentage Rate) based on $800,000 loan amount and 15 days prepaid interest with a maximum loan to value of 80%.  
Above rates are for the purchase or refinance of first lien, owner occupied residential property in Brentwood Bank market areas. All applications are subject to approval under Brentwood Bank’s underwriting guidelines and collateral requirements.
Above rates are not available for the refinance or modification of an existing Brentwood Bank loan or mortgage.
APRs are accurate as of 4/15/2024 and are subject to change without notice.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
Payment examples do not include amounts for taxes and insurance premiums. Therefore, your actual payment will be greater.
Property insurance is required and flood insurance may be required.
Jumbo mortgage loan is defined as loan value of $726,201 or higher.
Maximum loan amount: $1 million. For higher amounts, call for rates.
Learn More About Mortgages

Residential Mortgage Rates

Adjustable Rate Mortgage
First Payment Term

1 Year

Initial Rate

7.000%

APR*

8.119%

Points

0

Remaining Term Annual Adjustment

Index + 2.75*

First Payment Term

3 Year

Initial Rate

7.000%

APR*

7.949%

Points

0

Remaining Term Annual Adjustment

Index + 2.75*

First Payment Term

5 Year

Initial Rate

7.000%

APR*

7.783%

Points

0

Remaining Term Annual Adjustment

Index + 2.75*

*APR (Annual Percentage Rate) based on $100,000 loan amount and 15 days prepaid interest with maximum loan to value of 80%.  Higher loan to values will require private mortgage insurance.
Above rates are for the purchase or refinance of first lien, owner occupied residential property in Brentwood Bank market areas. All applications are subject to approval under Brentwood Bank’s underwriting guidelines and collateral requirements.
APRs are accurate as of 4/15/2024 and are subject to change without notice.
The index on which your rate will adjust is the weekly average yield on US Treasury Securities adjusted to a constant maturity of 1 year as made available by the Federal Reserve Board.
The index value as of 10/10/2023 is 5.36%.
Above rates are not available for the refinance or modification of an existing Brentwood Bank loan or mortgage.
Property insurance is required and flood insurance may be required.
Payment examples do not include amounts for taxes and insurance premiums. Therefore, your actual payment will be greater.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
Learn More About Mortgages