Interest Rate Payable on
Rate: 0.00% Effective: August 1,
The Bank Commissioner has
announced the new interest rate to be paid on mortgage escrow accounts,
effective August 1, 2017. The new
minimum interest rate is 0.00% and
shall remain in effect until the next rate change, effective February 1, 2018.
You may also find this
announcement on the State of NH - Banking Department’s web site at www.nh.gov/banking or the NHBA web site at
If you have any questions, please
contact the Banking Department or the Association office.