Interest Payable on Escrow Accounts Announced

Pursuant to NH RSA 397-A:9, IV, Emelia A.S. Galdieri, Bank Commissioner, announced the minimum interest rate payable on moneys on deposit in escrow accounts maintained for the payment of taxes or insurance premiums related to loans on property secured by real estate mortgages.

The minimum interest rate shall be 0.00% and shall be effective commencing August 1, 2022 and shall remain in effect until the next rate announcement on February 1, 2023.

Please note that the above rate is applicable only to persons subject to NH RSA 397-A.