Rate Disclosures

Auto & Motorcycle Loans

Interest rates offered are dependent on the borrower’s credit score and other product terms and conditions. Best interest rates typically are available only to borrowers with credit scores of 740 or above. Loans financed over 72 months or greater require a minimum loan amount of $20,000. Loans with a term of less than 72 months require a minimum loan amount of $5,000. Other loan terms and available rates may vary based on whether the vehicle being financed is new or used. Other standard underwriting criteria apply. We reserve the right to withdraw this product and/or adjust available rates at any time without advance notice. Terms and conditions are subject to change without notice.

Payment Example - Auto Loan - New Vehicle

Based on a simple interest calculation using our best rate of 7.05 % for a $20,000 loan, this loan would have 60 monthly payments of $396.50 each at an annual percentage rate (APR) of 7.05 %.

Payment Example - Auto Loan, Used Vehicle

Based on a simple interest calculation using our best rate of 7.95 % for a $20,000 loan, this loan would have 60 monthly payments of $405.05 each at an annual percentage rate (APR) of 7.95 %.

Personal Loans

Personal Loans include an annual fee of $15 (not applicable in MD and WV); APR for fixed rate Unsecured Installment Loans and Lot loans include a one-time $50 administrative fee (not applicable in MD and WV). Unsecured Personal Credit Lines Interest rates are variable rate products, based on the 6 month T-bill rate + 6.00 %, with a minimum interest rate of 6.00 %. Interest rates offered are dependent on the borrower’s credit score and other product terms and conditions. Best interest rates typically are available only to borrowers with credit scores above 740 for unsecured installment loans, 740 and above for lot loans, and 680 and above for personal credit lines. Other standard underwriting criteria apply. We reserve the right to withdraw these products and/or adjust available rates at any time without advance notice. Terms and conditions are subject to change without notice.

* Lot Loans: Improved = water/well and sewer/septic in place. All hard costs are passed on to the borrower.

Payment Example - Unsecured Installment Loan

Based on a simple interest calculation using our best rate of 11.74% for a $2,500 loan, this loan would have 24 monthly payments of $117.38 each at an APR of 13.78%. APR includes $50 loan administration fee (not applicable in Maryland and West Virginia).

Payment Example - Lot Loan

Based on a simple interest calculation using our best rate of 7.35% for a $25,000 loan, this improved land loan would have 60 monthly payments of $499.17 each at an APR of 7.43%. APR includes $50 loan administration fee (not applicable in Maryland and West Virginia).

HELOC/SmartLock™

¹ Introductory 4.35 % Annual Percentage Rate (APR) is effective for initial 6 months of the loan with automatic loan payments from and Orrstown Bank checking account. After the introductory period, the rate converts to a variable (“permanent rate”). The permanent rate will vary with Prime Rate as published in the Wall Street Journal (the index) plus or minus a margin. The APR will never exceed 18% or go below 3.25%. As of 12/19/2024   , the variable APR ranges from 7.00 % for properties in Pennsylvania and West Virginia; the variable APR ranges from 7.25 % for properties in Maryland. APRs advertised are based on a minimum credit score of 740, maximum loan-to-value (LTV) ratio of 80%, and a minimum line of credit amount of $100,000. APRs advertised also include “auto pay” discount of 0.75 % for setting up automatic loan payment (at or prior to HELOC account opening) and maintaining such automatic payments from an eligible Orrstown Bank deposit account. A higher APR may be applied for loans with lower credit scores, higher LTV ratios, and discontinuance of auto pay.

All SmartLock™ accounts have a 10-year interest-only draw period, followed by a 20-year repayment period. Your monthly payments may increase, possibly substantially, once your credit line transitions into the repayment period. Fixed Rate / Fixed Term Advances under a SmartLock™ account are subject to different pricing.  There is a $50 fee for each rate lock and a $75 fee for each unlock. Lock must be in place for a minimum of 12 months before it can be unlocked. This product requires proof of active homeowner’s insurance policy. For properties in Pennsylvania, a recapture fee of $250 applies if you close the account within 24 months of account opening. For properties in Maryland, certain taxes associated with the line will be paid by us at closing; you will be responsible for reimbursement of those taxes if you close your account within the first 24 months of account opening. Other standard underwriting criteria apply. Terms and conditions of this offer are subject to change without notice. We reserve the right to withdraw this offer at any time. Contact us for properties outside this area.

HEIL

PA DISCLOSURE

Offer valid on new money only. Annual Percentage Rate (APR) available as of 12/19/2024   for well qualified applicants for a fixed-rate home equity installment loan with a term of 120 months (10 years) with loan-to-value of 80% or less and credit scores 740 or above. Payment must be automatically deducted from an Orrstown Bank deposit account. Property cannot be an investment property, co-op, mobile home or manufactured housing. Property insurance is required. Title insurance may also be required for loans $500,000 or greater. APR shown is for properties in Pennsylvania. Please contact us for properties outside of this area.

Payment Example: The minimum loan amount is $5,000. A loan for $100,000 with a 10-year term at 6.625 % APR results in 120 monthly payments of $1141.85 . Other standard underwriting criteria apply. Terms and conditions of this offer are subject to change without notice. We reserve the right to withdraw this offer at any time.

MD DISCLOSURE

Offer valid on new money only. Annual Percentage Rate (APR) available as of 12/19/2024   for well qualified applicants for a fixed-rate home equity installment loan with a term of 120 months (10 years) with loan-to-value of 80% or less and credit scores 740 or above. Payment must be automatically deducted from an Orrstown Bank deposit account. Property cannot be an investment property, co-op, mobile home or manufactured housing. Property insurance is required. Title insurance may also be required for loans $500,000 or greater. APR shown is for properties in Maryland. Please contact us for properties outside of this area. The minimum loan amount is $5,000.

Payment Example: A loan for $100,000 with a 10-year term at 6.875% APR results in 120 monthly payments of $1154.65. Other standard underwriting criteria apply. Terms and conditions of this offer are subject to change without notice. We reserve the right to withdraw this offer at any time.