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Personal Loans Grid

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Some things just can't wait. When you need a loan without secure collateral, we're here to help.
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Our collateral loans offer lower rates and extended terms, using assets you already have as collateral to back the loan.
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Need help getting a vehicle? We offer comprehensive terms for new and used cars and trucks.

Personal Money Market Grid

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Available exclusively to our Prime Access, Preferred Access, and Access checking customers, this money market account is an ideal place to nurture surplus funds.
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Our Mutual Interest Money Market account allows you to retain limited access to your funds while earning a higher interest rate than a typical savings account.

Personal Mortgages Grid

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Our construction-to-permanent mortgage option allows you to build with one closing for both the construction and permanent financing.
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Ideal if you expect to occupy your home for many years, our fixed-rate financing options let you pay monthly or biweekly.
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A land loan gives you the opportunity to secure an architect, builder, and necessary permits before you build.
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Adjustable-rate mortgages (ARMs) typically carry a lower initial rate than fixed-rate mortgages, making this option ideal for some borrowers.
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This program offers lower down payment requirements, reduced rates, and quick pre-qualification to first-time homebuyers.
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Whether you're looking for a seasonal home or an investment property, we can design a mortgage plan to meet your needs.

Personal Savings Grid

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Earn a guaranteed return over time with a certificate of deposit.
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Set money aside for medical expenses on a tax-free basis with a health savings account.
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Teach your child financial responsibility with a school savings account.
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Secure your financial future with an IRA or IRA CD.
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Enjoy completely unlimited transactions with this versatile savings account.
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This exclusive account for Prime Access, Preferred Access, and Access checking account holders provides preferred interest rates.

Personal Second Mortgages Grid

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Access the equity in your home with special terms and a great introductory rate.
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Draw funds whenever you need them, simply by writing a check.
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Enjoy the stability of a fixed rate that won't change for the life of the loan.

personal service & community values

To succeed as your bank, we need to be at the top of the game. We offer cutting-edge products and services, all designed to make your life easier. We are committed to outstanding customer service and a degree of personalization that bigger banks can't match. Additionally, we support the communities we serve through financial donations and volunteer hours.

Convenience Grid

Pay quickly and securely with your mobile device.
Earn points on everyday purchases and get rewarded with exclusive offers!
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Visa Checkout is the easier way to pay with your card online - from the bank you know and trust.
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Make purchases anywhere you see the Visa logo, or withdraw funds from any ATM. It's quick, easy, and convenient.

A reverse mortgage is a loan available to people age 62 or older that enables a borrower to convert part of the equity in their home into cash.


Reverse mortgages were conceived as a means to supply funds to retired or soon-to-retire individuals with limited income. Homeowners can use the money they have put into their home to pay off debts such as traditional mortgages, to cover monthly living expenses, or to pay for health care. There are no restrictions on how the money can be used.

The loan is called a reverse mortgage because the traditional mortgage payback stream is reversed. Instead of making monthly payments to a lender, as you would with a traditional mortgage, the lender makes payments to the borrower. The borrower is not required to pay back the loan until the time when the home is no longer the primary residence of the last remaining borrower.

The amount of funds you receive depends on the age of the youngest borrower, the value of the home, the interest rate, and upfront costs. The older you are, the more proceeds you can receive.

The funds can be delivered to you as a lump sum, as a line of credit, or as fixed monthly payments, either for a fixed amount of time or for as long as you remain in the home. You can also combine these options. For example, you can take part of the proceeds as a lump sum and leave the balance in a line of credit.


Your final loan balance consists of the amount borrowed, plus annual mortgage insurance premiums, servicing fees, and interest.

You can use the money for anything you choose, from daily living expenses and home improvements to healthcare expenses or enhancing your retirement years. For many people, the money provides a financial security blanket for unexpected expenses.

As with a regular mortgage loan, there are closing costs involved with a reverse mortgage. These fees can be financed into the loan and typically include the cost of the appraisal, title insurance, loan origination, and recording fees. We'll provide you with a good faith estimate of the costs involved.

Your only out-of-pocket expenses will be the counseling fee and the appraisal fee. However, both fees can be paid out of the loan proceeds should you choose to do so.

No. This is a common misconception that stops many senior homeowners from taking advantage of a reverse mortgage. The borrower will retain title to the home just as they would with a traditional first mortgage or equity loan.


In addition, the homeowner remains responsible for the payment of all property expenses such as taxes, insurance, and association dues, as well as the well-being of the home.

The reverse mortgage becomes due and payable when the borrower permanently leaves the home—whether they move, sell the home, or pass away. Reverse mortgages are typically repaid from the proceeds of the sale of the home, with any remaining equity staying with the homeowner or their heirs. If a spouse passes away and the surviving spouse is on the reverse mortgage loan as well, they will continue to receive the full benefits of the reverse mortgage, with no repayment until deciding to permanently leave the home assuming all obligations under the loan are met.

Your reverse mortgage becomes due when the last surviving borrower on the loan passes away, moves from the home permanently, or does not occupy the home for longer than 12 consecutive months. Depending on the type of reverse mortgage you received, you or your heirs may be eligible for time extensions ranging from six months to one year. These extensions provide time to sell the home or obtain a new loan to pay off the balance of the reverse mortgage. If the home is sold for more than the balance of the reverse mortgage, the proceeds from the sale are yours to keep.

You will be responsible for payment of your property taxes and insurance on your home. It is important that your taxes and insurance be kept current at all times, as they could result in a default on your mortgage if they are left unpaid.



If you're interested in a reverse mortgage for yourself or a loved one, contact Sylvia Patterson at (203) 458-5414.

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