Save up to $1,006 with a Salem Co-Operative Bank home equity line of credit1
Salem Co-Operative Bank's rate for a
$50,000 home equity line of credit beats the Methuen, MA average
by up to
16%
and is eligible for a Datatrac Great Rate Award and saving you as much as $1,006 over 3 years.
Select Type
Salem Co-Operative Bank - Home Equity - LOC 80%
6.25% APR2
Methuen, MA Market Average - Home Equity - LOC 80%
7.47% APR2
About Datatrac
Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 348,416 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products. www.datatrac.net
- $1,006 is the difference between the amount paid in interest between Salem Co-Operative Bank's rate at 6.25% APR compared to 7.47% APR for the Methuen, MA market average on a $50,000 home equity line of credit over 3 years.
- APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each
business day and is conducted independent of any financial institution. There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Salem Co-Operative Bank directly with any questions regarding their current rates and terms.
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