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This Is The Year Your Ship Comes In

December 2017 | view this story as a .pdf

See what Maine’s banks & credit unions are doing to win you over in 2018.

By Christopher Murray

Banks-DEC17Ever dream of kayaking down the rapids of your income stream? All we need is a paddle and a little direction. That’s where this compare-and-contrast story comes in. Maine’s financial institutions may be eager to help you navigate through the money maze–but which do we choose?

Looking for a high-yield checking account? Town & Country Federal Credit Union offers a 3.01% APY on up to $10,000 with Rewards Checking. Want a bank that actually gives back? Bath Savings Institution offers the Neighbor to-Neighbor-program, where they make a $25 donation to a non-profit of your choice when you open a checking account. Town & Country Federal Credit Union caters to the tech-savv, offering customers a voice-activated banking app through Amazon’s Alexa Skills device.

ANDROSCOGGIN BANK
androscogginbank.com

Branches: 12; Non-customer ATM charge: $2.25

Refund ATM surcharges: With certain accounts

Checking account fee: None when minimum
deposit requirements are met ($10 if not met)

Highest savings account APY & terms: 1.10%, $100,000 min.

Credit card APRs for A, B, C credit scores: 8.99%
to 26.99%

Best APR for 60-month auto loan: 5.32% for
customers, 7.85% for non-customers

Lowest 30-year fixed rate res. mortgage APR: 4.023%

Lowest res. mortgage APR & terms: 3.415%,
15-year fixed

Highest APY opportunity: 1.15%, 35-month CD, $10,000 min. deposit

Highest CD APY & terms: 1.15%, 35-month CD, $10,000 min. deposit

Best APY for 12-month IRA: 0.25%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “Our personalized relationship banking helps our clients care for their families, grow their businesses, and plan for the future. At Androscoggin Bank you will find the smarter banking you deserve.” –Paul Andersen, President and CEO

AUBURN SAVINGS BANK
auburnsavings.com

Branches: 2; Non-customer ATM charge: $3
Refund ATM surcharges: Some accounts will receive refunds of up $10/month

Checking account fee: Classic Connect account is free; Click Connect account is $3/month, or free if you meet requirements.

Highest savings account APY & terms: Health Savings Account: 0.35% for $25 minimum for account opening; Money Market Complete Account: 0.35% for $200,000 minimum

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.516%

Lowest 30-year fixed rate res. mortgage APR: 5.044%

Lowest res. mortgage APR & terms: 4.325%,
15-year fixed

Highest APY opportunity: 1.35% CD/IRA, 5-year fixed, $500 min. deposit (or current 1.55% 30-month CD/IRA special)

Highest CD APY & terms: 1.35%, 5-year fixed, $500 min. deposit (or current 1.55% 30-month special)

Best APY for 12-month IRA: 0.25% (or current
special of 1.06% for qualifying customers)

Electronic check scanning on mobile devices: No

BANGOR SAVINGS
bangor.com

Number of bank branches in state: 56; Non-customer
ATM charge:
$3.50

Refund ATM surcharges for customers?: Yes

Checking account fee?: None for Benefit Checking

Highest savings account APY & terms: Benefit Money Market 0.30%, $100,000 min. deposit

Credit card APRs for A, B, C credit scores: 10.99% to 23.99% (purchase APR)

Best APR for 60-month auto loan: 5.04%

Lowest 30-year fixed rate res. mortgage APR: 4.363%

Lowest res. mortgage APR & terms: 3.500%, for 15-year fixed

Highest APY opportunity: 1.46%, 5-year CD as a non-Benefit Plus Checking Account member

Highest CD APY & terms: 1.46%, 5-year as a non-Benefit Plus Checking Account member, jumps to 1.56% as a Benefit Plus Checking Account member

Best APY for 12-month IRA: 0.50% requires Benefit Plus Checking Account, $500 min.

Electronic check scanning on mobile devices?: Yes

BANK OF AMERICA
bankofamerica.com

Branches: 16; Non-customer ATM charge: $5

Refund ATM surcharges: With some accounts

Checking account fee: $12 basic. None when certain requirements are met

Highest savings account APY & terms: 0.03% with Rewards Money Market Savings Account, jumps to 0.06% for Preferred Rewards
Platinum Honors tier APY

Credit card APRs for A, B, C credit scores: 12.99% – 22.99%

Best APR for 60-month auto loan: 2.79% with new car

Lowest 30-year fixed rate res. mortgage APR: 4.196%

Lowest res. mortgage APR & terms: 3.619%,
15-year fixed

Highest APY opportunity: 1.00%, 10-year fixed CD

Highest CD APY & terms: 1.00%, 10-year fixed

Best APY for 12-month IRA: 0.05%, $2,000 min. deposit

Electronic check scanning on mobile devices: Yes

BATH SAVINGS INSTITUTION
bathsavings.com

Branches: 13; Non-customer ATM charge: $2

Refund ATM surcharges: No

Checking account fee: None for eChecking NOW accounts with eStatements

Highest savings account APY & terms: 0.12% Super Savings Account

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 4.292% for
a new car

Lowest 30-year fixed rate res. mortgage APR: 4.306%

Lowest res. mortgage APR & terms: 3.723%,
15-year fixed

Highest APY opportunity: 0.95% for a 5.75 year, $500 min. deposit

Highest CD APY & terms: 0.95% for a 5.75 year, $500 min. deposit

Best APY for 12-month IRA: 0.15%, $500 min.
deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “At Bath Savings you can make a difference in your community with the Neighbor to Neighbor program. With every new checking account we make a $25 donation to a non-profit of your choice. ”
–Glenn Hutchinson, President/CEO

BIDDEFORD SAVINGS
biddefordsavings.com

Branches: 6; Non-customer ATM charge: $2.50

Refund ATM surcharges: No, but eStatements have free worldwide ATM use

Checking account fee: No

Highest savings account APY & terms: 0.25%, $100,000 min. balance

Credit card APRs for A, B, C credit scores: 14.99% to 18.99%

Best APR for 60-month auto loan: 3.5%

Lowest 30-year fixed rate res. mortgage APR: 3.913%

Lowest res. mortgage APR & terms: 3.095%,
10-year fixed

Highest APY opportunity: 1.87%, 5-year CD, $1,500 min. deposit

Highest CD APY & terms: 1.87%, 5-year, $1,500 min. deposit

Best APY for 12-month IRA: 0.85%

Electronic check scanning on mobile devices: Yes

CAMDEN NATIONAL BANK
camdennational.com

Branches: 62;  Non-customer ATM charge: $3.50

Refund ATM surcharges: Up to $10 with some accounts

Checking account fee: None for some accounts

Highest savings account APY & terms: 0.20%, $250,000 min. balance. Promise
Money Market

Credit card APRs for A, B, C credit scores: 12.99% to 23.99% (Visa Rewards card)

Game Changer: “We are the largest community bank in Maine. We have the most branches in the state.” –Chad Daley, Assistant Bank Center Manager

DAMARISCOTTA BANK & TRUST CO.
damariscottabank.com

Branches: 6; Non-customer ATM charge: Yes

Refund ATM surcharges: No

Checking account fee: No for basic account

Highest savings account APY & terms: 0.25%, $100,000 min. Money Market Account

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 4.5%

Lowest 30-year fixed rate res. mortgage APR: 4.75%

Lowest res. mortgage APR & terms: 3.5%, 10-year fixed (based on mortgage calculator)

Highest APY opportunity: 1.28%, 18-month
variable CD

Highest CD APY & terms: 1.28%, 18-month
variable CD

Best APY for 12-month IRA: 0.15%

Electronic check scanning on mobile devices: Yes

EVERGREEN CU
evergreencu.com

Branches: 4; Non-customer ATM charge: Yes

Refund ATM surcharges: No

Checking account fee: None for some

Highest savings account APY & terms: 0.40% Milestone Savings

Credit card APRs for A, B, C credit scores: As low as 11.90% APR

Best APR for 60-month auto loan: 2.49%

Lowest 30-year fixed rate res. mortgage APR: 4.00%

Lowest res. mortgage APR & terms: 3.25%
10-year fixed

Highest APY opportunity: 1.25%, 36-month CD

Highest CD APY & terms: 1.25%, 36-month

Best APY for 12-month IRA: 0.70%

Electronic check scanning on mobile devices: No

Game Changer: “We’ve been recognized by The Maine State Council of the Society for Human Resources Management as one of the best places to work in Maine.” –Jason Lindstrom, President/CEO

FIRST NATIONAL BANK
thefirst.com

Branches: 16; Non-customer ATM charge: $2.50

Refund ATM surcharges: No

Checking account fee: None for some accounts

Highest savings account APY & terms: First Choice Money Market 0.25%, $100,000 min.

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.983%

Lowest 30-year fixed rate res. mortgage APR: 4.1% (based on Portland area)

Lowest res. mortgage APR & terms: 3.6%, 15-year fixed (based on Portland area)

Highest APY opportunity: 2.10%, 5-year current special, $500 min. deposit

Highest CD APY & terms: 2.10%, 5-year current special, $500 min. deposit

Best APY for 12-month IRA: 0.25%, minimum $500

Electronic check scanning on mobile devices: Yes

Game Changer: “We’ve expanded our ‘Dream First Rewards’ program for checking accounts. You’ll earn discounts with over 100 local merchants, thereby also supporting local business while you shop.”–Susan
Norton, Executive Vice President

FRANKLIN SAVINGS BANK
franklinsavingsbank.com

Branches: 7; Non-customer ATM charge:

Refund ATM surcharges: No

Checking account fee: None if you meet
certain requirements

Highest savings account APY & terms: 0.15%, $50,000 + Money Market Account

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.63% on new
cars (special rate)

Lowest 30-year fixed rate res. mortgage APR: 4.158%

Lowest res. mortgage APR & terms: 3.558%, 15-year fixed

Highest APY opportunity: 1.30% 59-month special $2,500 min.

Highest CD APY & terms: 1.30% 59-month special $2,500 min.

Best APY for 12-month IRA: 0.15%, $500 min.

Electronic check scanning on mobile devices: Yes

GORHAM SAVINGS BANK
gorhamsavingsbank.com

Branches: 14; Non-customer ATM charge: $3.50

Refund ATM surcharges: Yes, for some accounts

Checking account fee: None for most accounts

cHighest savings account APY & terms: 0.25%, $75,000 min.

Credit card APRs for A, B, C credit scores: 13.99% – 23.99%

Best APR for 60-month auto loan: 4.13%

Lowest 30-year fixed rate res. mortgage APR: 4.172%

Lowest res. mortgage APR & terms: 3.415%,
10-year fixed

Highest APY opportunity: 1.15%,
5-year, $500 min. deposit

Highest CD APY & terms: 1.15%,
5-year, $500 min. deposit

Best APY for 12-month IRA: 0.40%, minimum $500

Electronic check scanning on mobile devices: Yes

KENNEBUNK SAVINGS
kennebunksavings.com

Branches: 13; Non-customer ATM charge: $3

Refund ATM surcharges: Yes

Checking account fee: Not for the
Breakaway Checking

Highest savings account APY & terms: 0.10%, $5,000 min. balance

Credit card APRs for A, B, C credit scores: 12.99%
to 23.99%

Best APR for 60-month auto loan: 4.29% for a new car

Lowest 30-year fixed rate res. mortgage APR: 3.80%

Lowest res. mortgage APR & terms: 3.350%,
15-year fixed

Highest APY opportunity: 1.31%, 5-yr. CD, $500 min. deposit

Highest CD APY & terms: 1.31%, 5-year $500 min. deposit

Best APY for 12-month IRA: 0.40%, $500 minimum

Electronic check scanning on mobile devices: Yes

KEY BANK
keybank.com

Branches: 50; Non-customer ATM charge: $3

Refund ATM surcharges: With some accounts

Checking account fee: None for some accounts

Highest savings account APY & terms: 0.35%, 3-month bonus promotion; 0.05%
without bonus

Credit card APRs for A, B, C credit scores: 13.99%-22.99%

Best APR for 60-month auto loan: 3.74%

Highest APY opportunity: 1.15%, 29-month Tiered CD (with rewards), $2,500 min.

Highest CD APY & terms: 1.15%, 29-month Tiered CD (with rewards), $2,500 min.

Best APY for 12-month IRA: 0.25%

Electronic check scanning on mobile devices: Yes

Game Changer: “Key Privilege Accounts have no monthly fee, free checks, and a free safe-deposit box.” –Sandy Walsh, Marketing

MACHIAS SAVINGS BANK
machiassavings.com

Branches: 19; Non-customer ATM charge: $4

Refund ATM surcharges: With some accounts

Checking account fee: None with the Ultimate Green account

Highest savings account APY & terms: 0.25%, $25,000 min. balance

Credit card APRs for A, B, C credit scores: 8.99%-26.99%

Best APR for 60-month auto loan: 4.675%

Lowest 30-year fixed rate res. mortgage APR: 4.324%

Lowest res. mortgage APR terms: 3.679 10-year fixed

Highest APY opportunity: 1.50%, 5-year CD, $1,000 min. deposit

Highest CD APY & terms: 1.50%, 5-year CD, $1,000 min. deposit

Best APY for 12-month IRA: 0.37%, $250 min. deposit

Electronic check scanning on mobile devices: Yes

MECHANICS’ SAVINGS BANK
mechanicssavings.com

Branches: 4; Non-customer ATM charge:

Refund ATM surcharges:  Yes

Checking account fee: Fees waived if you meet certain criteria

Highest savings account APY & terms: 0.30% Relationship Money Market

Credit card APRs for A, B, C credit scores:

Best APR for 60-month auto loan:

Lowest 30-year fixed rate res. mortgage APR: 3.977%

Lowest res. mortgage APR & terms: 3.257%,
10-year fixed

Highest APY opportunity: 1.87%, CD/IRA, $500 min.

Highest CD APY & terms: 1.87%, $500 min.

Best APY for 12-month IRA: 0.75%, $500 min.
deposit

Electronic check scanning on mobile devices: Yes

NORTHEAST BANK
northeastbank.com

Branches: 10; Non-customer ATM charge: $3.50

Refund ATM surcharges: No

Checking account fee: None for Northeast
Express account

Highest savings account APY & terms: 1.10% APY Pearl Money Market (available to NEW customers, $5,000 min. balance)

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 6.209%

Lowest 30-year fixed rate res. mortgage APR: 4.071% 

Lowest res. mortgage APR & terms: 3.498%,
15-year fixed

Highest APY opportunity: 1.10% APY Pearl
Money Market

Highest CD APY & terms: 1.40%, 5-year CD, $500 min. deposit

Best APY for 12-month IRA: 0.20%, 5-year, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “With our high-yield Pearl Money Market account, competitive CD rates, and state-of-the-art mobile banking tools like Mobile Check Deposit, Northeast Bank offers personal deposit products designed to fit your needs.” –Chris Delamater, Marketing Director

NORWAY SAVINGS BANK
norwaysavings.bank

Branches: 24; Non-customer ATM charge: $4

Refund ATM surcharges: Yes, up to $20 for
certain accounts

Checking account fee: None for some accounts

Highest savings account APY & terms: 0.10%, $100,000 min. balance (with requirements)

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.626% for a $30,000 new car
Lowest 30-year fixed rate res. mortgage APR: 4.060%

Lowest res. mortgage APR & terms: 3.443%,
15-year fixed

Highest APY opportunity: 1.10%, Premium CD,  5-year, $500 min. deposit

Highest CD APY & terms: 1.10%, Premium CD,  5-year, $500 min. deposit

Best APY for 12-month IRA: 0.20%, $500 min.

Electronic check scanning on mobile devices: Yes

Game Changer: “Every new checking account comes with a 90-day free trial of GenGold–a service which features discounts at more than 1,000 local businesses and on gift cards, world-wide travel, and hundreds of other retailers and services.  It even has identity restoration services in the event that you are involved in a data breach.”
–Melissa Rock, Marketing and Communications Officer, VP

PEOPLE’S UNITED BANK
peoples.com

Branches: 27; Non-customer ATM charge: $3

Refund ATM surcharges: Yes, with some
accounts Checking account fee: $10-$30 depending on account, waived if you meet certain requirements

Highest savings account APY & terms: 0.35%
Premier Advantage Money Market Account, $100,000 min.

Credit card APRs for A, B, C credit scores: 10.99%
to 21.99%

Lowest 30-year fixed rate res. mortgage APR: 3.298%

Lowest res. mortgage APR & terms: 3.379%,
15-year fixed

Highest APY opportunity: 1.05%, Business
Advantage CD

Highest CD APY & terms: 1.05%, Business
Advantage CD

Electronic check scanning on mobile devices: Yes

ROCKLAND SAVINGS BANK
rocklandsavingsbank.com

Branches: 2; Non-customer ATM charge:

Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: 0.25%, $100,000 balance required

Credit card APRs for A, B, C credit scores: 0% Intro APR for the first 12 billing cycles, 10.99% – 20.99% after that

Highest APY opportunity: 2.05%, 4-year special, $500 min.

Highest CD APY & terms: 2.05%, 4-year special, $500 min.

Best APY for 12-month IRA: 0.25%, $500 min.

SACO & BIDDEFORD SAVINGS
sbsavings.com

Branches: 8; Non-customer ATM charge: $3.50

Refund ATM surcharges: No

Checking account fee: Several no fee options

Highest savings account APY & terms: 0.70% Youth Savings Account; 0.55% Mainely Preferred Savings, $250,000 min.

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.625%

Lowest 30-year fixed rate res. mortgage APR: 4.316%

Lowest res. mortgage APR & terms: 3.988%,
15-year fixed

Highest APY opportunity: 1.86%, 5-year CD, $500 min. deposit

Highest CD APY & terms: 1.86%, 5-year CD, $500 min. deposit

Best APY for 12-month IRA: 0.90%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “We recently launched a Community Debit Card Program with five of our local school districts and with every non-ATM transaction, we’ll donate a portion of the transaction fees to each of the school districts depending on the card you choose.” –Bob Quentin, President & CEO

SANFORD INSTITUTION FOR SAVINGS
banksis.com

Branches: 8; Non-customer ATM charge: Yes

Refund ATM surcharges: Yes, with
Ultimate Checking

Checking account fee: No

Highest savings account APY & terms: 0.30%, Money Market, $25,000 min. balance

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 3.0%

Lowest 30-year fixed rate res. mortgage APR: 4.034%

Lowest res. mortgage APR & terms: 3.474%,
15-year fixed

Highest APY opportunity: 1.87%, 5-year,
$500 min. deposit

Highest CD APY & terms: 1.87%, 5-year,
$500 min. deposit

Best APY for 12-month IRA: 0.10%, variable,
$5,000 min. deposit

Electronic check scanning on mobile devices: Yes

“Game changer”: “We still have a live person answering the phones during business hours–no more getting stuck in a queue or dealing with outsourced customer service.”
Deborah Mullen VP/Marketing Director

SKOWHEGAN SAVINGS BANK
skowhegansavings.com

Branches: 15; Non-customer ATM charge: Yes

Refund ATM surcharges: No

Checking account fee: Free when you meet monthly balance requirements

Highest savings account APY & terms: 0.30%, Integrity Plus Money Market account, $250,000+ balance

Credit card APRs for A, B, C credit scores: 12.99% to 23.99% Visa Bonus Rewards

Best APR for 60-month auto loan: N/A

Lowest 30-year fixed rate res. mortgage APR: 4.632%

Lowest res. mortgage APR & terms: 3.625%, 10-year

Highest APY opportunity: 1.10%, CD Special for Integrity Plus Customers only, $500 min. to open

Highest CD APY & terms: 1.10%, CD Special
for Integrity Plus Customers only, $500 min. to open

Best APY for 12-month IRA: 0.40% (2-year)

Electronic check scanning on mobile devices: Yes

TD BANK
tdbank.com

Branches: 46; Non-customer ATM charge: $3

Refund ATM surcharges: With certain accounts

Checking account fee: Free with $100 min. balance (TD Convienience account); Free with $2,500 min. balance (TD Premier account); $5.99 (TD Simple account)

Highest savings account APY & terms: 0.75%, $100,00 min. balance and qualified account activity

Credit card APRs for A, B, C credit scores: 13.99%, 18.99% or 23.99%

Best APR for 60-month auto loan: N/A

Lowest 30-year fixed rate res. mortgage APR: 4.00%

Lowest res. mortgage APR & terms: 3.550%, 15-year fixed HomeReady

Highest APY opportunity: 1.60%, TD Choice Promotional CD: 5 years with rate bump ($100,000+ balance), $250 min deposit

Highest CD APY & terms: 1.60%, TD Choice Promotional CD: 5 years with rate bump ($100,000+ balance), $250 min deposit

Best APY for 12-month IRA: 0.25%, $250 min.
deposit

Electronic check scanning on mobile devices: Yes

CREDIT UNIONS

ACADIA FEDERAL CREDIT UNION
acadiafcu.org

Branches: 8; Non-customer ATM charge: $1.50

Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: 0.40%, Super Saver Account

Credit card APRs for A, B, C credit scores: As low as 10.90%

Best APR for 60-month auto loan: 3.29%

Lowest 30-year fixed rate res. mortgage APR: 5.64%, with 20% down payment

Lowest res. mortgage APR & terms: 5.30%, 10-year fixed, 20% down payment

Highest APY opportunity: 2.02%, 5-year fixed CD

Highest CD APY & terms: 2.02%, 5-year fixed

Best APY for 12-month IRA: 0.40%

Electronic check scanning on mobile devices: Yes

Game Changer: “We are member-owned, we know our members, and our goal is to help our members financially succeed.” –David Desjardins, President/CEO

ATLANTIC REGIONAL FEDERAL CREDIT UNION
atlanticregional.com

Branches: 4; Non-customer ATM charge: $2.50

Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: 1.00% Kasasa Savings with checking account

Credit card APRs for A, B, C credit scores: N/A

Best APR for 60-month auto loan: 1.99%

Lowest 30-year fixed rate res. mortgage APR: 4.128%

Lowest res. mortgage APR & terms: 3.541%, 10-year fixed

Highest APY opportunity: 2.50% with Kasasa Checking

Highest CD APY & terms: 1.71%, 5-year, $500 min. deposit

Best APY for 12-month IRA: 0.75%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

BANGOR FEDERAL CREDIT UNION
bangorfederal.com

Branches: 3; Non-customer ATM charge: $3

Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: 0.40%, Money Market account, $25,000 min. balance

Credit card APRs for A, B, C credit scores: 7.9%-10.9%

Best APR for 60-month auto loan: 2.49% for a new car

Lowest 30-year fixed rate res. mortgage APR: 4.128%

Lowest res. mortgage APR & terms: 3.541%,
10-year fixed

Highest APY opportunity: 2.12%, 5-year Jumbo CD, $100,000 min. deposit

Highest CD APY & terms: 2.12%, 5-year Jumbo CD, $100,000 min. deposit

Best APY for 12-month IRA: 1.21%, $100,000 min. balance (2-year)

Electronic check scanning on mobile devices: Yes

cPORT CREDIT UNION
cportcu.org

Branches: 4; Non-customer ATM charge: $3

Refund ATM surcharges: Some

Checking account fee: No

Highest savings account APY & terms: 0.35%, Money Market Account, $2,500 min.

Credit card APRs for A, B, C credit scores: 12.99%-17.99%

Best APR for 60-month auto loan: 1.85%

Lowest 30-year fixed rate res. mortgage APR: 4.50% (up to 15-years)

Lowest res. mortgage APR & terms: 3.99%, fixed, 5-year

Highest APY opportunity: 1.76%, 5-year CD

Highest CD APY & terms: 1.76%, 5-year

Best APY for 12-month IRA: 0.35%

Electronic check scanning on mobile devices: Yes

CUMBERLAND COUNTY CREDIT UNION
myccfcu.com

Branches: 5; Non-customer ATM charge: No charge if part of the Surf Network

Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: 0.55%, $75,000 min. balance

Credit card APRs for A, B, C credit scores: 7.25%-12.25%

Best APR for 60-month auto loan: 2.40% for new car

Lowest 30-year fixed rate res. mortgage APR: 4%

Lowest res. mortgage APR & terms: 3.250%
10-year fixed

Highest APY opportunity: 2.12%, 5-year, $75,000 min. deposit

Highest CD APY & terms: 2.12%, 5-year, $75,000 min. deposit

Best APY for 12-month IRA: 1.11%, $75,000 min.

Electronic check scanning on mobile
devices:
Yes

Game Changer: “We have four full-time loan officers dedicated to getting members qualified for loans.” –Michelle Broderick, VP Marketing

INFINITY FEDERAL CREDIT UNION
infinityfcu.com

Branches: 4;  Non-customer ATM charge: $2.50

Refund ATM surcharges: Yes

Checking account fee: None with Step Up checking

Highest savings account APY & terms: 0.10% KISS Money Market Account

Credit card APRs for A, B, C credit scores: As low as 8.90%

Best APR for 60-month auto loan: 3.24%

Lowest 30-year fixed rate res. mortgage APR: 4.063%

Lowest res. mortgage APR & terms: 3.485%,
15-year fixed

Highest APY opportunity: 2.32%, Jump Share Certificate, 10-year

Highest CD APY & terms: 2.32%, Jump Share Certificate, 10-year

Best APY for 12-month IRA: 1.26%

Electronic check scanning on mobile devices: Yes

Game Changer: “Our mission is to serve more members than any credit union in Maine.” –President/CEO, Elizabeth Hayes

MAINE SAVINGS FEDERAL CREDIT UNION
mainesavings.com

Branches: 10; Non-customer ATM charge: Yes

Refund ATM surcharges: Yes, if qualified

Checking account fee: No

Highest savings account APY & terms: 0.5%, RedWallet Saver, $10,000 min.

Credit card APRs for A, B, C credit scores: 9.99%-18.00%

Best APR for 60-month auto loan: 3.09% for a new car

Lowest 30-year fixed rate res. mortgage APR: 4.128%

Lowest res. mortgage APR & terms: 3.541%, 10-year fixed

Highest APY opportunity: 1.81%, 5-year CD, $500 min. deposit

Highest CD APY & terms: 1.81%, 5-year, $500 min. deposit

Best APY for 12-month IRA: 0.60%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “Our mobile banking app allows you to apply and get approved for certain loans without having to go into a branch.”–Marcel Blais, Chief Retail Officer

MAINE STATE CREDIT UNION
mainestatecu.org

Branches: 3; Non-customer ATM charge: Yes

Refund ATM surcharges: Yes between $10-$25 depending on your account

Checking account fee: None for the Basic Checking Account

Highest savings account APY & terms: 0.45%, $100,000 min. balance

Credit card APRs: 9.99%.-11.90%

Best APR for 60-month auto loan: 2.99%

Lowest 30-year fixed rate res. mortgage APR: 4.066%

Lowest res. mortgage APR & terms: 2.919%, 10-year fixed

Highest APY opportunity: 2.00%, 5-year CD, $500 min. deposit

Highest CD APY & terms: 2.00%, 5-year, $500 min. deposit

Best APY for 12-month IRA: 0.50%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

MAINE SOLUTIONS FEDERAL CREDIT UNION: mesolutionsfcu.org

Branches: 19; Non-customer ATM charge: $4

Refund ATM surcharges: With some accounts

Checking account fee: No if requirements are met

Highest savings account APY & terms: 0.15%, $25,000 min. balance

Credit card APRs for A, B, C credit scores: 12.99% to 23.99% (Visa Rewards Card)

Best APR for 60-month auto loan: 2.750%

Lowest 30-year fixed rate res. mortgage APR: 3.694%

Lowest res. mortgage APR & terms: 2.92%, 10-year fixed

Highest APY opportunity: 2.02%, 5-year CD, $500 min. deposit

Highest CD APY & terms: 2.02%, 5-year CD, $500 min. deposit

Best APY for 12-month IRA: 0.45%

Electronic check scanning on mobile
devices:
Yes

Game Changer: “We absorb the initial deposit for youth accounts, meaning new members under 21 can open their first credit union accounts for free and begin developing good banking habits right away.” –Diana Garcia, President/CEO

NORTHEAST CREDIT UNION
necu.org

Branches: 5; Non-customer ATM charge: $2

Refund ATM surcharges: Yes, if requirements are met

Checking account fee: None for some

Highest savings account APY & terms: 1.51%, various accounts

Credit card APRs for A, B, C credit scores: 9.99%-15.99%

Best APR for 60-month auto loan: 2.24%

Lowest 30-year fixed rate res. mortgage APR: 4.017%

Lowest res. mortgage APR & terms: 3.424%, 15-year fixed

Highest APY opportunity: 1.61%, CD/IRA

Highest CD APY & terms: 1.61%, 5-year, $500 min. deposit

Best APY for 12-month IRA: 0.40%,
$500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “We love our community and we show it with charitable efforts , hands-on community involvement, and financial contributions.” Tim Collia, Northeast Credit Union President and CEO

Peoples Choice Credit union
peopleschoicecreditunion.com

Branches: 4; Non-customer ATM charge: None for Credit Union customers

Refund ATM surcharges: No

Checking account fee: None

Highest savings account APY & terms: .40%, $250,000 min. balance

Credit card APRs for A, B, C credit scores:  9.9%-13.9%
Best APR for 60-month auto loan: 2.59%

Lowest 30-year fixed rate res. mortgage APR: 4.059%

Lowest res. mortgage APR & terms: 3.601%,
15-year fixed
Highest APY opportunity: 2.22%, 60-month, $75,000 min. balance

Highest CD APY & terms: 2.22%, 60-month, $75,000 min. balance

Best APY for 12-month IRA: 2.22%, 60-month, $75,000 min. balance

Electronic check scanning on mobile devices: Yes

Game Changer: We have all the financial services and convenience of big banking, with the benefits of responsible, community-driven decision-making. Profits stay in our community.” –Curt Carlson, Marketing Manager

TOWN & COUNTRY FEDERAL CREDIT UNION
tcfcu.com

Branches: 6; Non-customer ATM charge: $2

Refund ATM surcharges: Yes, up to $25/month with Rewards Checking

Checking account fee: No

Highest savings account APY & terms: 0.15%, $25 min. balance

Credit card APRs for A, B, C credit scores: 12.99% to 23.99%

Best APR for 60-month auto loan: 2.49% for a new car

Lowest 30-year fixed rate res. mortgage APR: 4.28%

Lowest res. mortgage APR & terms: 3.24%, 5-year fixed

Highest APY opportunity: 3.01%, up to $10,000 with Rewards Checking

Highest CD APY & terms: 1.75%, 5-year CD, $500 min. deposit

Best APY for 12-month IRA: 0.70%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “We’re the first credit union in the nation to launch an Alexa Skill, a voice-activated banking app that works with Amazon’s Alexa device.” –Linda Halleran, Public Relations & Communications Manager

UNIVERSITY CREDIT UNION
ucu.maine.edu

Branches: 9; Non-customer ATM charge: $2

Refund ATM surcharges: Yes, for some accounts

Checking account fee: None

Highest savings account APY & terms: 1.01% Kasasa Saver, $15,000 min.

Credit card APRs for A, B, C credit scores:  8.99% to 15.99% for the Platinum card, from 10.99% to 17.99% for the Platinum Rewards card and from 10.99% to 17.99% for the Alumni Signature Rewards card

Best APR for 60-month auto loan: 2.99%

Lowest 30-year fixed rate res. mortgage APR: 4.213%

Lowest res. mortgage APR & terms: 3.343%, 10-year fixed

Highest APY opportunity: 3.01% Kasasa Cash up to $10,000, no minimum

Highest CD APY & terms: 1.20%, 5-year CD, $500 min. deposit

Best APY for 12-month IRA: 0.3%, $500 min. deposit

Electronic check scanning on mobile devices: Yes

Game Changer: “We just celebrated 50 years of service!” –Stephanie Beck, Marketing Manager

*All rates are subject to change. Please check with the relevant financial institution for the most current rates and offers.

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