Kearny Federal Savings Bank

Effective Annual Percentage Rate (APR) listed are as of 7/1/2009
All interest rates are subject to change without notice.

Checking Accounts

ACCOUNT TITLE	INTEREST RATE	APY	TERM (Months)	ADDITIONAL INFORMATION	MIN BAL. TO OBTAIN APY	CALC. AMOUNT	CALC. BUTTON
N.O.W. Checking	0.750	0.75	-	$5 monthly fee if balance goes below $100	$100 Minimum balance	N/A	N/A
Gen Gold Checking	0.750	0.75	-	$4 monthly maintenance fee.	$100 Minimum balance	N/A	N/A
Star Checking	1.470	1.50	-	Combined balance of $20,000+ (seniors 55 and over must have $10,000+) in Star Checking Account and any savings account.	$500 Minimum deposit to open	N/A	N/A

Savings & Money Market Accounts

ACCOUNT TITLE	INTEREST RATE	APY	TERM (Months)	ADDITIONAL INFORMATION	MIN BAL. TO OBTAIN APY	CALC. AMOUNT	CALC. BUTTON
Savings (Passbook or Statement)	0.980	1.00	-		$100 Minimum deposit to open	N/A	N/A
KFS Kid's Club Account	0.980	1.00	-		$10 Minimum deposit to open	N/A	N/A
Money Market Account	1.030	1.05	-	Rate lower if balance drops below $2,500	$2,500 Minimum deposit to open	N/A	N/A
Tiered Money Market Account	1.230	1.25	-	Rate lower if balance drops below $50,000	$50,000	N/A	N/A
-	0.980	1.00	-	Rate lower if balance drops below $25,000	$25,000-$49,999	N/A	N/A
-	0.740	0.75	-	Rate lower if balance drops below $10,000	$10,000-$24,999	N/A	N/A
-	0.490	0.50	-	Balances below $2,500 earn no interest	$2,500-$9,999	N/A	N/A
Holiday Club	0.980	1.00	-		$5 Minimum deposit to open	N/A	N/A

Certificate Of Deposit Accounts

If you input the amount your initial deposit in the "Calculate Amount" box and click "calculate," the system will determine the amount of your deposit upon maturity.

ACCOUNT TITLE	INTEREST RATE	APY	TERM (Months)	ADDITIONAL INFORMATION	MIN BAL. TO OBTAIN APY	CALC. AMOUNT	CALC. BUTTON
30 Day CD	0.980	1.00	1		$25,000 Minimum deposit to open
91 Day CD	1.230	1.25	3		$1,000 Minimum deposit to open
4 Month CD	1.230	1.25	4		$1,000 Minimum deposit to open
6 Month CD	1.470	1.50	6		$1,000 Minimum deposit to open
1 Year CD	1.710	1.75	12		$500 Minimum deposit to open
17 Month Step-Up CD	1.950	2.00	17		$1,000 Minimum deposit to open
2 Year CD	2.440	2.50	24		$500 Minimum deposit to open
29 Month Step-Up CD	2.440	2.50	29		$1,000 Minimum deposit to open
3 Year CD	2.680	2.75	36		$500 Minimum deposit to open
5 Year CD	2.920	3.00	60		$500 Minimum deposit to open

*Note: If any deposit is withdrawn before the maturity date, a penalty will be imposed which could result in the loss of principal.

Retirement Accounts

ACCOUNT TITLE	INTEREST RATE	APY	TERM (Months)	ADDITIONAL INFORMATION	MIN BAL. TO OBTAIN APY	CALC. AMOUNT	CALC. BUTTON
Variable Rate Statement Savings	0.980	1.00	0		$25 Minimum deposit to open	N/A	N/A
1 Year Variable Rate CD	1.520	1.55	12		$100 Minimum deposit to open
1 Year Fixed Rate CD	1.710	1.75	12		$500 Minimum deposit to open
17 Month Step-Up CD	1.950	2.00	17		$1,000 Minimum deposit to open
2 Year Fixed Rate CD	2.440	2.50	24		$500 Minimum deposit to open	N/A	N/A
29 Month Step-Up CD	2.440	2.50	29		$1,000 Minimum deposit to open
3 Year Fixed Rate CD	2.680	2.75	36		$500 Minimum deposit to open	N/A	N/A
5 Year Fixed Rate CD	2.920	3.00	60		$500 Minimum deposit to open	N/A	N/A

*Note: If any deposit is withdrawn before the maturity date, a penalty will be imposed which could result in the loss of principal.

Fixed Rate Balloon Mortgage

PRODUCT	INTEREST RATE	APR	TERM (Months)	ADDITIONAL INFORMATION	MNTHLY PMT PER $1000	CALC. AMOUNT	CALC. BUTTON
15/30 Balloon Rate	5.375	5.448	360	$1,000,000.00 Max, 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.60

Fixed Rate Mortgage

PRODUCT	INTEREST RATE	APR	TERM (Months)	ADDITIONAL INFORMATION	MNTHLY PMT PER $1000	CALC. AMOUNT	CALC. BUTTON
10 Year Fixed Rate	4.875	5.010	120	$417,000.00 max. conforming rate.1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	10.55
15 Year Fixed Rate	5.000	5.096	180	$417,000.00 max. conforming rate. 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	7.91
20 Year Fixed Rate	5.500	5.582	240	$417,000.00 max. conforming rate. 1-4 Family Owner Occupied, 95% Max. LTV, PMI Required with less then 20% down, Call for Jumbo Rates	6.88
25 Year Fixed Rate	5.625	5.696	300	$417,000.00 max. conforming rate. 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	6.22
30 Year Fixed Rate	5.625	5.688	360	$417,000.00 max. conforming rate. 1-4 Family Owner Occupied, 95% Max. LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.76

Fixed Rate Home Equity

PRODUCT	INTEREST RATE	APR	TERM (Months)	ADDITIONAL INFORMATION	MNTHLY PMT PER $1000	CALC. AMOUNT	CALC. BUTTON
5 Years Fixed Rate Equity	5.250	5.250	60	$500,000.00 Max, 80% Max LTV, 1-2 Family Owner Occupied, 70% Max LTV on Condos, NO APPLICATION FEES. *An appraisal fee of $300.00 is required for loan amounts in excess of $250,000.	18.99
10 Years Fixed Rate Equity	5.375	5.375	120	$500,000.00 Max, 80% Max LTV, 1-2 Family Owner Occupied, 70% Max LTV on Condos, NO APPLICATION FEE. *An appraisal fee of $300.00 is required for loan amounts in excess of $250,000.	10.79
15 Years Fixed Rate Equity	5.500	5.500	180	$500,000.00 Max., 80% Max. LTV, 1-2 Family Owner Occupied, 70% Max. LTV on Condos, NO APPLICATION FEE *An appraisal fee of $300.00 is required for loan amounts in excess of $250,000.	8.17
20 Year Fixed Rate Equity	5.875	5.875	240	$500,000.00 Max., 80% Max. LTV, 1-2 Family Owner Occupied, 70% Max. LTV on Condos, NO APPLICATION FEE *An appraisal fee of $300.00 is required for loan amounts in excess of $250,000.	7.09

Adjustable Rate Mortgage

ACCOUNT TITLE	INTEREST RATE	APR	TERM (Months)	ADDITIONAL INFORMATION	MNTHLY PMT PER $1000	CALC. AMOUNT	CALC. BUTTON
1/1/30 Adjustable Rate	5.125	3.448	360	2.75% Margin - 2/6 Caps , $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max. LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.44	N/A	N/A
3/1/30 Adjustable Rate	5.125	3.726	360	2.75% Margin - 2/6Caps, $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.44	N/A	N/A
5/1/30 Adjustable Rate	5.250	4.027	360	2.75% Margin - 2/6 Caps, $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.52	N/A	N/A
7/1/30 Adjustable Rate	5.375	4.340	360	2.75% Margin - 2/6Caps, $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.60	N/A	N/A
10/1/30 Adjustable Rate	5.500	4.754	360	2.75% Margin - 2/6 Caps, $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.68	N/A	N/A
5/5/30 Adjustable Rate	5.875	5.632	360	2.75% Margin - 2/6 Caps, $1,000,000.00 Max., 1-4 Family Owner Occupied, 95% Max. LTV, PMI Required with less then 20% down, Call for Jumbo Rates	5.92	N/A	N/A