Interest Payable on Escrow Accounts

Rate:  0.00%                          Effective: August 1, 2021

The Bank Commissioner has announced the new interest rate to be paid on mortgage escrow accounts, effective August 1, 2021. The new minimum interest rate is 0.00% and shall remain in effect until House Bill 610 becomes effective. Please see House Bill 610  with the changes to RSA 383-B:3-303(a)(7)(E) highlighted.

You may also find this announcement on the State of NH - Banking Department’s web site at

If you have any questions, please contact the Banking Department or the Association office.