Services at this location
- 24/7 full service ATM
Accepts cash and check deposits - Safe Deposit Boxes
- Drive Through Lanes
- Notary Services
Branch Manager
Mary Ann Ludtke
AVP, Branch Manager, Mortgage Specialist
NMLS# 1541989
Learn more
Mary Ann has over 35 years of experience in the banking industry. She enjoys leading, mentoring, and managing a branch team and has a strong commitment to ensuring customer satisfaction. Her community service includes serving as treasurer of the Agawam Rotary Club among other volunteer activities. She enjoys walking and hiking on local trails and spends her summers boating on the Connecticut River.
Assistant Branch Manager
Juston Rivera
Assistant Branch Manager
NMLS# 1768624
Lobby Hours
Monday - Wednesday 9:00 am - 5:00 pm
Thursday - Friday 9:00 am - 6:00 pm
Saturday 9:00 am - 1:00 pm
Drive-Up Hours
Monday - Wednesday 8:30 am - 5:00 pm
Thursday - Friday 8:30 am - 6:00 pm
Saturday 8:30 am - 1:00 pm
Apply with Agawam
View current ratesMortgage Rates
At Westfield Bank, we have the mortgage products, expertise, and lending power to help you go from "just looking" to packing boxes. With pre-approval, a user-friendly online loan application, and mortgage professionals at all of our convenient offices, we can make your mortgage experience easy and hassle-free.
Questions? Call us at 413.568.1911, 860.838.3766 or 800.995.5734, visit one of our convenient offices.
Annual Percentage Rates (APRs) are accurate as of June 26, 2025. All rates are subject to change without notice.
Westfield Bank NMLS ID 439933
WB First Time Homebuyer Mortgage* - Fixed Rate
| Program | Term | Purpose | Interest Rate | APR | Points | Payment Per $1,000 Borrowed1 | Apply |
|---|---|---|---|---|---|---|---|
| Conventional | 30 Years | Purchase | 6.500% | 6.648% | 0 | $6.32 | Apply Now |
*A first-time homebuyer is an individual who is purchasing the property, who will reside in the property as their primary home, and who has had no ownership in a residential property during the 3-year period preceding the date of the purchase of the subject property.
Fixed Rate Mortgages
| Program | Term | Purpose | Interest Rate | APR | Points | Payment Per $1,000 Borrowed1 | Apply |
|---|---|---|---|---|---|---|---|
| Conventional | 30 Years | Purchase or Refinance | 6.625% | 6.820% | 0 | $6.40 | Apply Now |
| Conventional | 30 Years | Purchase or Refinance | 6.375% | 6.620% | 1 | $6.24 | Apply Now |
| Conventional | 20 Years | Purchase or Refinance | 6.375% | 6.569% | 0 | $7.38 | Apply Now |
| Conventional | 15 Years | Purchase or Refinance | 6.125% | 6.364% | 0 | $8.51 | Apply Now |
| Conventional | 10 Years | Purchase or Refinance | 5.875% | 6.209% | 0 | $11.04 | Apply Now |
| Second Home | 30 Years | Purchase or Refinance | 6.875% | 7.028% | 0 | $6.57 | Apply Now |
| Second Home | 30 Years | Purchase or Refinance | 6.625% | 6.875% | 1 | $6.40 | Apply Now |
| Investment2 | 15 Years | Purchase or Refinance | 7.125% | 7.544% | 1 | $9.06 | Apply Now |
| Investment2 | 30 Years | Purchase or Refinance | 7.625% | 7.895% | 1 | $7.08 | Apply Now |
| Land Loan* | 3 Years | Purchase | 7.125% | 7.125% | 0.50 | Interest Only | Apply Now |
| Permanent Construction (Loan amounts <$1,000,000) | 30 Years | Construction | 6.625% | 6.741%4 | 0 | $6.40 | Apply Now |
| Permanent Construction (Loan amounts ≥$1,000,000) | 30 Years | Construction | 6.875% | 6.935%5 | 0 | $6.57 | Apply Now |
*The Land Loan is interest only for 3 years with a balloon payment at the end of the 3 years for the full principal balance.
Adjustable Rate Mortgages (ARM)³
| Program | Term | Purpose | Interest Rate | APR | Index | Fully Indexed Rate | Points | Monthly Payment per $1,000 Borrowed1 | Monthly Payment per $1,000 after First Adjustment1 | Apply |
|---|---|---|---|---|---|---|---|---|---|---|
| 6/1 Adjustable Rate | 30 Years | Purchase or Refinance | 6.125% | 7.071% | 4.090% | 7.625% | 0 | $6.08 | $6.94 | Apply Now |
| 7/3 Adjustable Rate | 30 Years | Purchase or Refinance | 6.250% | 6.936% | 3.900% | 7.375% | 0 | $6.16 | $6.78 | Apply Now |
| 10/1 Adjustable Rate | 30 Years | Purchase or Refinance | 6.375% | 6.938% | 4.090% | 7.625% | 0 | $6.24 | $6.87 | Apply Now |
| Permanent Construction 7/3 Adjustable Rate (Loan amounts <$1,000,000) | 30 Years | Construction | 6.250% | 6.951%4 | 3.900% | 7.375% | 0 | $6.16 | $6.80 | Apply Now |
| Permanent Construction 7/3 Adjustable Rate (Loan amounts ≥$1,000,000) | 30 Years | Construction | 6.500% | 7.014%5 | 3.900% | 7.375% | 0 | $6.32 | $6.83 | Apply Now |
The Annual Percentage Rate (APR) on all Adjustable Rate Mortgages (ARMs) may increase after closing. The interest rate may increase during the life of the loan which may result in a higher monthly payment.
Maximum Conforming Loan Amounts
| 1 Unit - $806,500 | 2 Unit - $1,032,650 | 3 Unit - $1,248,150 | 4 Unit - $1,551,250 |
|---|---|---|---|
The program description is not an offer to extend credit. The extension of credit is dependent upon your credit history, loan-to-value ratio, and other factors. Unless otherwise noted, Annual Percentage Rates (APR) and payments assume a $200,000 mortgage, 20% down payment and 30 year term. Except where noted for Investment Loans, Interest Rates stated are for primary residences only. Loans with loan-to-value ratios greater than 80% require private mortgage insurance.
1The monthly payment per $1,000 borrowed does not include taxes and insurance. If applicable, taxes and insurance will increase your payment. 2Investment loans are for non-owner occupied residential real estate. 3Adjustable Rate Mortgage interest rates are based on a margin plus an index rounded to the nearest 1/8th of 1 percent. The initial interest rate may be discounted until the first review period. The margin is currently 3.50%. The index is the most recent weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of 1 year or 3 year, as made available by the Board of Governors of the Federal Reserve System. For example, the 6/1 Adjustable Rate Mortgage has a fixed period of six years and every year thereafter the index would adjust to the most recent weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of 1 year. ARM Caps: 2% per adjustment/6% lifetime. 4The APR and payments assume a $400,000 mortgage, 20% down payment and 30 year term. 5The APR and payments assume a $1,000,000 mortgage, 20% down payment and 30 year term.
Home Equity Line & Loan Rates
You've put a lot of hard work into your home. And because of that, you've accumulated equity in your investment. Why not put that equity to work for you to help finance additional home improvements, pay off high interest debt, or provide yourself with an emergency source of funds should a need arise?
Questions? Call us at 413.568.1911, 860.838.2766, or 800.995.5734, or visit one of our convenient offices.
Rates are accurate as of June 26, 2025. All rates are subject to change without notice.
Westfield Bank NMLS ID 439933
Home Equity Line of Credit - 10 Year Draw, 15 Year Repayment Period - Up to 80% CLTV
| Introductory Fixed APR for the First 6 Months | Annual Percentage Rate (APR) | Index | Margin | Monthly Payment Per $1,000 Borrowed* | Apply |
|---|---|---|---|---|---|
| 5.99%1 | 5.99% | 7.500% | -0.50% | Interest Only | Apply Now |
1After the initial 6 month introductory period, the interest rate will be Prime Rate as published in the Wall Street Journal minus 0.50%, currently 7.00% as of 5/9/25 with an APR of 7.00%. After 6 months, the rate will be variable and may increase. The maximum APR is 18%. The minimum APR is 4.25%. Rates are for owner-occupied properties only. Maximum loan-to-value (LTV) is 80%. The minimum Home Equity Line of Credit amount is $10,000. The Home Equity Line of Credit is subject to an early termination fee of $550.00 if prepaid in full and closed within 24 months. Processing fee of $199 will apply if line of credit is approved and closed. Other closing costs may vary based on the line of credit amount requested. The 10-year draw period is interest only and the remaining 15-year repayment period will be the principal balance remaining at the end of the draw period divided by the number of months in the repayment period, plus interest.
Home Equity Line of Credit | 10 Year Draw, 15 Year Repayment Period - 80.01-85.00% CLTV†
| Annual Percentage Rate (APR) | Index | Margin | CLTV | Monthly Payment Per $1,000 Borrowed* | Apply |
|---|---|---|---|---|---|
| 8.000%2 | 7.500% | 0.50% | 80.01 - 85.00% | Interest Only | Apply Now |
2The interest rate is Prime Rate plus 0.50% with a minimum APR of 4.75%.The index is Prime Rate as published in the Wall Street Journal, currently 7.500% and can change monthly. The maximum APR is 18%. The minimum Home Equity Line of Credit amount is $10,000. The Home Equity Line of Credit is subject to an early termination fee of $550.00 if prepaid in full and closed within 24 months. Processing fee of $199 will apply if line of credit is approved and closed. Other closing costs may vary based on the line of credit amount requested .The 10-year draw period is interest only and the remaining 15-year repayment period will be the principal balance remaining at the end of the draw period divided by the number of months in the repayment period, plus interest.
Home Equity Loan (First Lien) | 80% CLTV
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed* | Apply |
|---|---|---|---|---|
| 5 Years | 6.375%5 | 6.438% | $19.51 | Apply Now |
| 10 Years | 6.625%5 | 6.659% | $11.42 | Apply Now |
| 15 Years | 6.875%5 | 6.899% | $8.92 | Apply Now |
| 20 Years | 7.000%5 | 7.019% | $7.75 | Apply Now |
Home Equity Loan (Second, Subordinate, Junior Liens) | 80% CLTV
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed* | Apply |
|---|---|---|---|---|
| 5 Years | 6.750%5 | 7.010% | $19.68 | Apply Now |
| 10 Years | 7.000%5 | 7.143% | $11.61 | Apply Now |
| 15 Years | 7.375%5 | 7.481% | $9.20 | Apply Now |
Home Equity Loan (Second, Subordinate, Junior Liens) | > 80% to 85% CLTV†
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed* | Apply |
|---|---|---|---|---|
| 5 Years | 7.375%5 | 7.632% | $19.98 | Apply Now |
| 10 Years | 7.625%5 | 7.771% | $11.94 | Apply Now |
| 15 Years | 7.875%5 | 7.983% | $9.48 | Apply Now |
The minimum Home Equity Loan amount is $5,000. ⁵Interest rate reflects a 0.25% discount if you maintain an automatic payment withdrawal from a new or existing Westfield Bank checking account. The account must be opened prior to the settlement of your loan.
General Disclosures Applicable to All Home Equity Loans and Lines
Home Equity Loan and Home Equity Line of Credit products are available for one-to-four-unit owner occupied primary residences including condominiums. Subject to individuals residing or working in Massachusetts or Connecticut. CLTV = Combined Loan to Value. An appraisal is required for a loan request greater than or equal to $400,000 or CLTV is >80%-85%. Homeowners insurance is required on the property securing the loan. You must pay certain third-party fees for loans greater than or equal to $250,000. If you ask, we will give you an itemization of the fees that you will have to pay to third parties. *The monthly payment does not include taxes and insurance. Your actual payment may be greater. †For Home Equity Loans and Lines of Credit >80%-85% CLTV, the maximum loan amount is $50,000.
Rates are subject to change without notice. These program descriptions are not an offer to extend credit. The extension of credit is dependent upon your credit history, loan-to-value ratio, and other factors.
Consumer Loan Rates
Rates are subject to change without notice. Subject to individuals residing or working in Western or Central Massachusetts; or Northern or Central Connecticut.
All Loans with an Asterisk (*) reflect a 0.250% interest rate discount as long as you maintain an automatic payment withdrawal from a new or existing Westfield Bank checking account. The account must be opened prior to the settlement of your loan. A Relationship Banking Notice will be given at the start of your application.
For more information, or to apply, contact a Consumer Loan Specialist at 413.568.1911, 860.838.3766 or 800.995.5734, apply online, or visit any of our convenient offices.
View our Financial Calculators here
Annual Percentage Rates (APRs) are accurate as of June 26, 2025. All rates are subject to change without notice.
Westfield Bank NMLS ID 439933
Auto Loans - Consumer Only
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed | Apply |
|---|---|---|---|---|
|
New 60 Months |
7.250%* | 7.250% | $19.92 | Apply Now |
|
New 48 Months |
7.250%* | 7.250% | $24.06 | Apply Now |
|
New 36 Months |
7.250%* | 7.250% | $30.99 | Apply Now |
|
Used 60 Months Model Years 2022-2025 |
7.250%* | 7.250% | $19.92 | Apply Now |
|
Used 48 Months Model Year up to 2021 |
7.250%* | 7.250% | $24.06 | Apply Now |
|
Used 36 Months Model Year up to 2020 |
7.250%* | 7.250%* | $30.99 | Apply Now |
New car loans are only available on model year 2025 up to
- 100% of the purchase price for loan amounts up to $50,000
- 90% of the purchase price for loan amounts up to $50,001 - $70,000
- 80% of the purchase price for loan amounts up to $70,001 or more
Pre-owned car loan maximum financing 2020-2025.
- Model year 2020 has a maximum term of 36 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
- Model year 2021 has a maximum term of 48 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
- Model years 2022-2025 have a maximum term of 60 months, Lesser of 90% of the purchase price or 90% NADA Clean Retail
*Rates include a 0.250% discount with automatic payment from a Westfield Bank checking account. New accounts must be opened prior to closing. Call us for more details.
Recreational Vehicles
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed | Apply |
|---|---|---|---|---|
| Motorcycle, RV & Boat Loans 12 Months | 7.750%* | 7.750% | $86.87 | Apply Now |
| Motorcycle, RV & Boat Loans 24 Months | 7.750%* | 7.750% | $45.11 | Apply Now |
| Motorcycle, RV & Boat Loans 36 Months | 7.750%** | 7.750% | $31.22 | Apply Now |
| Motorcycle, RV & Boat Loans 48 Months | 7.750%* | 7.750% | $24.30 | Apply Now |
20% Down Payment Required. **APR is based off of 48 months. *Rates include a 0.250% discount with automatic payment from a Westfield Bank checking account. New accounts must be opened prior to closing. Call us for more details.
Pool and Spa Loans
| Term | Interest Rate | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 Borrowed | Apply |
|---|---|---|---|---|
| Pool & Spa 60 Months | 6.250% | 6.250% | $19.45 | Apply Now |
| Pool & Spa 48 Months | 6.250% | 6.250% | $23.60 | Apply Now |
| Pool & Spa 36 Months | 6.250% | 6.250% | $30.54 | Apply Now |
| Pool & Spa 24 Months | 6.250% | 6.250% | $44.33 | Apply Now |
| Pool & Spa 12 Months | 6.250% | 6.250% | $86.18 | Apply Now |
90% of the purchase price with a maximum loan amount of $10,000. (Home Equity Loans or Lines of Credit may be available for any loans over $10,000.)
Personal Line of Credit
| Annual Percentage Rate (APR) | Minimum Loan | Maximum Loan | Annual Fee |
|---|---|---|---|
| 18.00% | $500 | $2,500 | $0 |
No annual fee. You only pay finance charges on the amount you borrow.
Buy, build, or refinance.
Retail Lending Services
Kristin Gravanis
VP, Mortgage Loan Officer
NMLS# 40053
206 Park Street
West Springfield, MA
Cathy Turowsky
Brion Robert