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Bank On It

December 2018 | view this story as a .pdf

Keep your options in line and the savings pile up.

From Staff & Wire Reports

Dec18-Bank-On-ItRates change as rapidly as Maine’s weather, so how do you navigate the labyrinth of checks and balances? Banks across the state are ready to guide you and make a few offers along the way.

ANDROSCOGGIN BANK
androscogginbank.com 

Branches: 12; Non-customer ATM charge: $3; Refund ATM surcharges: Up to $6-9 with certain accounts

Checking account fee: $5/month for BlueWave Basic Personal Checking Account

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

Credit card APRs for A, B, C credit scores: 15.99%-24.99%

Best APR for 60-month auto loan: 3.75% for customers

Lowest 30-year fixed rate res. mortgage APR: 4.899%

Lowest res. mortgage APR & terms: 4.416%, 15-year fixed

Highest APY opportunity: 2.25%, 25 month CD, $500 min. deposit

Highest CD APY & terms: 2.62%, 18 month variable rate IRA CD, $500 min. deposit

Best APY for 12-month IRA: .25%, $500 min. deposit

AUBURN SAVINGS BANK
auburnsavings.com

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

Checking account fee: Min. $25 deposit for Classic Checking, no monthly fee

Highest savings account APY & terms: Tiered system depends on account balance: $25-$2,499, .05% annual yield of .05; $2,500-$149,999, .10% annual yield; $150,000 and over–.15% annual yield.

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

Best APR for 60-month auto loan: 4.256%

Lowest 30-year fixed rate res. mortgage APR: 5.250%

Lowest res. mortgage APR & terms: 4.750%, 15-year fixed

Highest APY opportunity: 2.50%, 2-year fixed CD & IRA, $500 min. deposit

Highest CD APY & terms: 2.50%, 2-year fixed CD & IRA, $500 min. deposit

Best APY for 12-month IRA: .25% (or current special of 1.95% for qualifying customers)

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 or Benefit 62 Checking

Highest savings account APY & terms: Benefit Money Market .60% $100,000 min. deposit

Best APR for 60-month auto loan: 5.67% for a new car with 700+ credit score*

Lowest 30-year fixed rate res. mortgage APR: 5.244% for conventional 30-year fixed rate*

Lowest res. mortgage APR & terms: 4.79%, for 10-year fixed*

Highest APY opportunity: 1.92%, 5-year CD, requires Benefit Plus Checking Account, $500 min. deposit. Non Benefit Plus: 1.66% APY

Highest CD APY & terms: 1.92%, 5-year CD, requires Benefit Plus Checking Account, $500 min. deposit. Non Benefit Plus: 1.66% APY

Best APY for 12-month IRA: 1.16% requires Benefit Plus Checking Account, $500 min.; *Based on credit score

BANK OF AMERICA
bankofamerica.com

Branches: 16; Non-customer ATM charge: $3; Refund ATM surcharges: With some accounts

Checking account fee: $12 for a basic account, none when certain requirements are met

Highest savings account APY & terms: .03% with Rewards Money Market Savings Account. 06% with Preferred Rewards Platinum Honors tier APY

Credit card APRs for A, B, C credit scores: 16.99%-24.99%

Best APR for 60-month auto loan: 3.44% with new car

Lowest 30-year fixed rate res. mortgage APR: 4.396% (based on $200,000 loan in Portland)

Lowest res. mortgage APR & terms: 4.397%, 15-year fixed (based on $200,000 loan in Portland)

Highest APY opportunity: 1.00, 10-year fixed CD

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

Best APY for 12-month IRA: .05%, $1,000 min. deposit

BAR HARBOR BANK & TRUST
bhbt.com

Branches: 14; Non-customer ATM charge: $1.50; Refund ATM surcharges: Yes

Checking account fee: $8 for Preferred Checking

Highest savings account APY & terms: .20%, $50,000
min. deposit

Credit card APRs for A, B, C credit scores: 15.99% to 24.99%, Visa Signature Real Rewards and Cash Rewards American Express

Best APR for 60-month auto loan: 5.54% baseline with a new vehicle

Lowest 30-year fixed rate res. mortgage APR: 5.080%

Lowest res. mortgage APR & terms: 3.836%, 10-year fixed

Highest APY opportunity: 2.00%, 19-month CD, Preferred Choice or E-Choice checking accounts, $5,000 min. deposit

Highest CD APY & terms: 2.00%, 19-month CD, with BHBT checking account and $5,000 min. deposit

Best APY for 12-month IRA: .40%, $500 min.

BATH SAVINGS INSTITUTION
bathsavings.com

Branches: 13; Non-customer ATM charge: $2.50; Refund ATM surcharges: No

Checking account fee: None for eChecking NOW accounts, $0-$7 for Regular Checking

Highest savings account APY & terms: .12%, Super Savings Account

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

Best APR for 60-month auto loan: 3.542%

Lowest 30-year fixed rate res. mortgage APR: 5.310%

Lowest res. mortgage APR & terms: 4.850%, 15-year fixed

Highest APY opportunity: 1.16% for a 5.75-year CD. $500 min.

Highest CD APY & terms: 1.16% for a 5.75-year CD. $500 min.

Best APY for 12-month IRA: .30%, $500 min. deposit

New customer benefits: “Our Neighbor to Neighbor (N2N) program offers customers a $10 gift certificate they can spend at any one of our hundreds of participating N2N businesses. Second, we donate $25 to the non-profit organization of the customer’s choosing, on their behalf.”
Glenn Cummings, President/CEO;

BIDDEFORD SAVINGS
biddefordsavings.com

Branches: 6; Non-customer ATM charge: $2.50; Refund ATM surcharges: Yes, with eChecking and Checking Plus accounts

Checking account fee: No

Highest savings account APY & terms: Savings Plus Account, Tiered rate of .30%. Must have an average monthly balance of $100,000 or more

Credit card APRs for A, B, C credit scores: 0% introductory APR for the first 12 billing cycles, after, 15.99% to 19.99% based on your credit score, or 26.99% as a cash advance APRs vary based on the Prime Rate

Best APR for 60-month auto loan: 4.25%

Lowest 30-year fixed rate res. mortgage APR: 5.109%

Lowest res. mortgage APR & terms: 4.677% 10 year fixed

Highest APY opportunity: 2.32%, 5-year CD/IRA

Highest CD APY & terms: 2.32% 5 Year Term CD/IRA $1,500 minimum opening deposit

Best APY for 12-month IRA: 1.32%

New customer benefits: “Our Prime Rate accounts give you an edge in the way you bank. When the Wall Street Prime Rate goes up, so does your rate. Accounts include our Checking Plus, Prime IRA, and our Business Prime Money Market.” —Jeanne Hulit, President/CEO

CAMDEN NATIONAL BANK
camdennational.com

Branches: 62; Non-customer ATM charge: $3.50; Refund ATM surcharges: Up to $10 back in monthly ATM fees

Checking account fee: None for Simple Promise Checking

Highest savings account APY & terms: .07%, $100,000 min. balance

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

Best APR for 60-month auto loan: N/A – only up to 4 years (4.806% up to 4 years)

Lowest 30-year fixed rate res. mortgage APR: 4.25%

Lowest res. mortgage APR & terms: 5.005%, 15-year fixed

Highest APY opportunity: 1.56%, 10-year, $500 min. deposit

Highest CD APY & terms: 1.56%, 10-year, $500 min. deposit

Best APY for 12-month IRA: .30%

New customer benefits: “With new and exciting platforms such as Online Chat, Pay Up, MortgageTouch, BusinessTouch and TreasuryLink, we’re striving to provide a first-class banking journey for customers, whether you’re depositing a check through your mobile app, paying a friend after a dinner out, applying for a mortgage from the comfort of your couch, or visiting us in person at one of our 60 banking centers.” —Renee Smyth, Chief Experience & Marketing Officer

DAMARISCOTTA BANK & TRUST CO.
damariscottabank.com

Branches: 6; Non-customer ATM charge: $3.00; Refund ATM surcharges: No

Checking account fee: None with Free Checking Plus

Highest savings account APY & terms: .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%: N/A

Lowest 30-year fixed rate res. mortgage APR: 5.50%

Lowest res. mortgage APR & terms: 4.75% 10 year fixed (based on mortgage calculator)

Highest APY opportunity: 2.75%

Highest CD APY & terms: 2.75%, 59-Month CD Special, $2,500 min. deposit

Best APY for 12-month IRA: .15%, $500.00 min. deposit

EVERGREEN CREDIT UNION egcu.org

Branches: 4 Non-customer ATM charge: $2; Refund ATM surcharges: Up to $12/month with Breeze Rewards Checking Account

Checking account fee: None

Highest savings account APY & terms: .05%, $25 min. deposit

Credit card APRs for A, B, C credit scores: 7.99%-18.99%

Best APR for 60-month auto loan: As low as 2.25% with requirements met

Lowest 30-year fixed rate res. mortgage APR: 5.136% on a $200,000 home with 5% down

Lowest res. mortgage APR & terms: 4.746%, 10-year fixed on a $200,000 home with 5% down

Highest APY opportunity: 2.15%, 60-Month IRA

Highest CD APY & terms: 2.15%, 60-Month IRA

Best APY for 12-month IRA: .50%

FIRST NATIONAL BANK
thefirst.com

Branches: 16; Non-customer ATM charge: $3; Refund ATM surcharges: No

Checking account fee: $5/monthly, Spark Checking Account, waived after eight debit card transactions during statement period

Highest savings account APY & terms: First Choice Money Market, .25%, $5,000 min. deposit

Credit card APRs for A, B, C credit scores: 0% for first 20 billing cycles, 13.99%-22.99%, Visa Platinum

Best APR for 60-month auto loan: 3.983% for a new car

Lowest 30-year fixed rate res. mortgage APR: 5.1910%

Lowest res. mortgage APR & terms: 4.6310%, 15-year fixed

Highest APY opportunity: 1.50%, 5-year CD, $500 min. deposit

Highest CD APY & terms: 1.50%, 5-year, $500 min. deposit

Best APY for 12-month IRA: .25%, min. $500

New customer benefits: “Through Dream First Rewards, we reward our customers for shopping locally. We promote our Dream First Merchants through social media. In return, customers who use their debit cards to shop at these establishments get cash back in their checking account.” —Susan Norton, Executive Vice President

FRANKLIN SAVINGS BANK
franklinsavings.bank

Branches: 7; Non-customer ATM charge: $2.50; Refund ATM surcharges: No surcharge for customers

Checking account fee: $5.00 for Paper Statement, no fee for eStatements

Highest savings account APY & terms: 1.30% ,
59-month, $2,500

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

Best APR for 60-month auto loan: 3.63% on a new vehicle

Lowest 30-year fixed rate res. mortgage APR: 5.035%

Lowest res. mortgage APR & terms: 4.560%, 15-year Freddie Mac Secondary Market Mortgage

Highest APY opportunity: 1.30% on a 59-month
CD-IRA Special

Highest CD APY & terms: 1.30% on a 59-month CD-IRA Special; Best APY for 12-month IRA: .15%, $500 min. deposit

GORHAM SAVINGS BANK
gorhamsavingsbank.com

Branches: 14; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes, for some accounts

Checking account fee: None (Champion Money Market requires $5000 min. balance)

Highest savings account APY & terms: .25%, $75,000 min. Credit card APRs for A, B, C credit scores: Variable

Best APR for 60-month auto loan: 4.50% for a new car, min. $5,000

Lowest 30-year fixed rate res. mortgage APR: 5.050%

Lowest res. mortgage APR & terms: 4.943%, 20-year fixed

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

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

Best APY for 12-month IRA: .40%, min. $500

New customer benefits: “Customers have access to a financial coach who will help them set financial goals and track progress. Early next year, we will be adding a budgeting program and financial wellness content to our web site.”
Dan Hancock, Chief Deposit Advisor

KENNEBUNK SAVINGS
kennebunksavings.com

Branches: 13; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes

Checking account fee: No

Highest savings account APY & terms: .10%, $5,000 min. balance; Credit card APRs for A, B, C credit scores: 13.99%-24.99% Best APR for 60-month auto loan: 4.29% New Auto with 80% LTV

Lowest 30-year fixed rate res. mortgage APR: 4.832% (30-Year Fixed Jumbo)

Lowest res. mortgage APR & terms: 4.441%, 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:.40%, $500 min.

KEY BANK
keybank.com

Branches: 50; Non-customer ATM charge: $4; Refund ATM surcharges: With some accounts

Checking account fee: None with Hassle-Free Account

Highest savings account APY & terms: .20% on a Health Savings above $25,000+

Credit card APRs for A, B, C credit scores: 11.99%-23.99% based on card type and creditworthiness

Best APR for 60-month auto loan: 8.99%

Highest APY opportunity: .75%, 10-year Jumbo and Tiered CD, $100,000 min. deposit

Highest CD APY & terms: .75%, 10-year Jumbo and Tiered, $100,000 min. deposit

Best APY for 12-month IRA: .25% Tiered CD with Relationship Reward, $1000 min. deposit

MACHIAS SAVINGS BANK
machiassavings.com

Branches: 19; Non-customer ATM charge: $3.50

Refund ATM surcharges: On some accounts

Checking account fee: None with Ultimate Green account

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

Credit card APRs for A, B, C credit scores: 9.99%-27.99%

Best APR for 60-month auto loan: 7.035% on a new auto

Lowest 30-year fixed rate res. mortgage APR: 5.08%

Lowest res. mortgage APR & terms: 4.565%, 10-year fixed

Highest APY opportunity: 1.65%, 5-year CD, $1,000 min. deposit

Highest CD APY & terms: 1.65%, 5-year CD, $1,000
min. deposit

Best APY for 12-month IRA: .45%, $250 min. deposit

MECHANICS SAVINGS BANK
mechanicssavings.com

Branches: 4; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, specific dollar amount reimbursed per statement cycle depending on account

Checking account fee: Fees waived with certain criteria met

Highest savings account APY & terms: Planned Expense Account, .50% APY on balances up to $5,000.00

Credit card APRs for A, B, C credit scores: 0% introductory rate; 13.74% – 24.74% after intro period, based on credit score.

Best APR for 60-month auto loan: 4.25%

Lowest 30-year fixed rate res. mortgage APR: 5.109%

Lowest res. mortgage APR & terms: 4.677%, 10-year fixed Jumbo Construction

Highest APY opportunity: 18 Month CD Special, 2.27% APY. $500 minimum deposit.

Highest CD APY & terms: 18 Month CD Special, 2.27% APY. $500 minimum deposit.

Best APY for 12-month IRA: 1.25%, $500 min. deposit

New customer benefits: “We offer a Planned Expense Account to help you reach your goals quickly and easily. The high-yield savings account pays .50% APY on balances up to $5,000.” —Jeanne Hulit, President/CEO

NORTHEAST BANK
northeastbank.com

Branches: 10; Non-customer ATM charge: $3.50; Refund ATM surcharges: On some accounts

Checking account fee: None with Northeast Express

Highest savings account APY & terms: 1.10% APY Pearl Money Market

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: 5.319%

Lowest res. mortgage APR & terms: 4.654%, 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: .20%, $500 min. deposit

New customer benefits: “With our high-yield Pearl Money Market account, competitive CD rates, and full suite of residential mortgage products, Northeast Bank offers personal banking services designed to fit your needs.” —Chris Delamater, Marketing Director

NORWAY SAVINGS BANK
norwaysavingsbank.com

Branches: 24; Non-customer ATM charge: $4; Refund ATM surcharges: Yes, up to $20 for Flexible Solutions Checking & Full Solutions Checking customers. Customers have access to 220+ surcharge free Maine Cash Access ATMs.

Checking account fee: Yes with Free Solutions checking account as well as in Business Free checking. No minimum balance, no monthly fee.

Highest savings account APY & terms: 10% APY on Solutions Savings balances $100,000+ (must have a Full Solutions or Flexible Solutions Checking account)

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

Best APR for 60-month auto loan: As low as 3.99% with a max. 72 month term on a new car

Lowest 30-year fixed rate res. mortgage APR: 5.201% APR 1 points; (rates adjust daily)

Lowest res. mortgage APR & terms: 15 year 4.586% APR 1 points; (rates adjust daily)

Highest APY opportunity: .50%, on balances between $2,500 and $24,999.99 on Full Solutions Checking account. Min. deposit $25 (customer needs E-statements and a 3rd party payment to qualify)

Highest CD APY & terms: 1.11%, 5-year Premium CD, $500 min. deposit

Best APY for 12-month IRA: .20%, $500 min.

PEOPLE’S UNITED BANK
peoples.com

Branches: 27; Non-customer ATM charge: $3.50; Refund ATM surcharges: Only at People’s ATMs

Checking account fee: $12 with Plus Checking, $10
with eStatements

Highest savings account APY & terms: .35%, Premier Advantage Money Market and Advantage Money Market accounts, $100,000 min. deposit

Credit card APRs for A, B, C credit scores: 13.24%-24.99%

Best APR for 60-month auto loan: 7.49% for a new car

Lowest 30-year fixed rate res. mortgage APR: 4.527%

Lowest res. mortgage APR & terms: 4.295%, 15-year fixed

Highest APY opportunity: 2.50%, 15-month CD (vary by location)

Highest CD APY & terms: 2.50%, 15-month CD
(vary by location)

Best APY for 12-month IRA: .35%

ROCKLAND SAVINGS BANK
rocklandsavingsbank.com

Branches: 2; Non-customer ATM charge: $2; Refund ATM surcharges: No

Checking account fee: None on most accounts

Highest savings account APY & terms: .15%,
$10 min. deposit

Credit card APRs for A, B, C credit scores: 11.99%-21.99%

Best APR for 60-month auto loan: 5.00%

Lowest 30-year fixed rate res. mortgage APR: 5.233%

Lowest res. mortgage APR & terms: 4.808%, 15-year

Highest APY opportunity: 1.75%, 5 year fixed CD, $500 min. deposit

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

Best APY for 12-month IRA: .50%, $500 min. deposit

SACO & BIDDEFORD SAVINGS
sbsavings.com

Branches: 7; Non-customer ATM charge: $2.50; Refund ATM surcharges: No

Checking account fee: Several no fee options; Highest savings account APY & terms: 1.45%, Mainely Preferred Account, $750,000 min. balance

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

Best APR for 60-month auto loan: 3.625% for new

Lowest 30-year fixed rate res. mortgage APR: 5.072%

Lowest res. mortgage APR & terms: 4.619%, 15-year fixed

Highest APY opportunity: 2.60% 5-year CD, $500
min. deposit

Highest CD APY & terms: 2.60% 5-year CD, $500
min. deposit

Best APY for 12-month IRA: 1.56%, $500 min. deposit

New customer benefits: “Our new Community Debit card program supports our local school food and nutrition programs. In its first year, we’ve raised enough funds to pay for almost 4,000 school meals in our participating communities.” —Jeff Vachon, SVP, Director of Bank Administration

SANFORD INSTITUTION FOR SAVINGS
banksis.com

Branches: 8; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, with Ultimate Checking

Checking account fee: No

Highest savings account APY & terms: .50%, Silver Lining Best Interest Statement Savings, $0 minimum ($25 to open)

Credit card APRs for A, B, C credit scores: 10.74%-24.74% based on card type and credit score

Best APR for 60-month auto loan: 3.0%

Lowest 30-year fixed rate res. mortgage APR: 5.081%

Lowest res. mortgage APR & terms: 4.638%, 15-year fixed

Highest APY opportunity: 2.50%, 25 month CD or IRA, $500 min. deposit

Highest CD APY & terms: 2.50%, 25 month CD or IRA, $500 min. deposit

Best APY for 12-month IRA: .32%, $500 min. deposit

SKOWHEGAN SAVINGS BANK
skowhegansavings.com

Branches: 11; Non-customer ATM charge: $2.50; Refund ATM surcharges: With some accounts

Checking account fee: Free with $50.00 average daily balance

Highest savings account APY & terms: .05%, Integrity Savings, $25 min. deposit; .30%, Money Market over $100,000, $2500 min. deposit

Credit card APRs for A, B, C credit scores: 13.99%-24.99% depending on card type

Best APR for 60-month auto loan: 4.75% on a new auto

Lowest 30-year fixed rate res. mortgage APR: 5.281% (bi-weekly), monthly: 5.389%

Lowest res. mortgage APR & terms: 4.741% on a 10-year fixed bi-weekly, 10-year monthly: 4.834%

Highest APY opportunity: 2.00%, 48-month CD for Integrity Plus customers, $500 min. balance

Highest CD APY & terms: 2.00%, 48-month CD for Integrity Plus customers, $500 min. balance (Non-Integrity Plus: 1.75% on a 3 year CD, $10,000 min. balance)

Best APY for 12-month IRA: N/A

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

Highest savings account APY & terms: .35%, Preferred Savings, $50,000-$9.99M

Credit card APRs for A, B, C credit scores: 14.99%-24.99%

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

Lowest 30-year fixed rate res. mortgage APR: 5.206% on a $200,000 home with 5% down

Lowest res. mortgage APR & terms: 4.851%, 15-year fixed on a $200,000 home with 5% down

Highest APY opportunity: 1.19%, 5-year Step Rate CD, $250 min. deposit

Highest CD APY & terms: 1.19%, 5-year Step Rate, $250 min. deposit

Best APY for 12-month IRA: .30%, $250 min. deposit or .50% with $100,000 min. daily balance

CREDIT UNIONS

ACADIA FEDERAL CREDIT UNION
acadiafcu.org

Branches: 7; Non-customer ATM charge: $1.50 (some cards include additional fees); Refund ATM surcharges: No

Checking account fee: No

Highest savings account APY & terms: .40%, $1,000 min. balance

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

Best APR for 60-month auto loan: 3.49%

Lowest 30-year fixed rate res. mortgage APR: 5.35%, with 20% down payment

Lowest res. mortgage APR & terms: 5.05%, 10-year fixed, 20% down payment

Highest APY opportunity: 2.27%, 5-year fixed CD

Highest CD APY & terms: 2.27%, 5-year fixed

Best APY for 12-month IRA: .40%

New customer benefits: “Members can text our Maine phone numbers, and a staff member will be available to answer their questions. We’ll also soon be offering live video chat.” —David Desjardins,
President and CEO

ATLANTIC FEDERAL CREDIT UNION
atlanticfcu.com

Branches: 4; Non-customer ATM charge: $2.50; Refund ATM surcharges: Up to $20/month with Kasasa account

Checking account fee: No; Highest savings account APY & terms: 2.00%, WAVE Money Market Account, $500,000 min. deposit

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

Best APR for 60-month auto loan: 3.25%

Lowest 30-year fixed rate res. mortgage APR: 5.260%, w/o points

Lowest res. mortgage APR & terms: 4.825%, 10-year fixed, w/o points

Highest APY opportunity: 2.50% with Kasasa Checking

Highest CD APY & terms: 2.15%, 5-year, $500 min. deposit

Best APY for 12-month IRA: 1.10%, $500 min. deposit

BANGOR FEDERAL CREDIT UNION
bangorfederal.com

Branches: 3; Non-customer ATM charge: $3 or free within Surf Network; Refund ATM surcharges: Up to $25 per month with a Kasasa account

Checking account fee: No

Highest savings account APY & terms: .75%, up to 20,000, Kasasa Saver w/ requirements met

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

Best APR for 60-month auto loan: 2.75% for a new car (up to 7 years)

Lowest 30-year fixed rate res. mortgage APR: 5.125%,
w/o points

Lowest res. mortgage APR & terms: 4.50%, 10-year w/o points Highest APY opportunity: 3.00%, 10,000+, Kasasa Cash

Highest CD APY & terms: 2.63%, 5-year Jumbo CD, $100,000 min. deposit

Best APY for 12-month IRA: 1.87%, 100,000, min.
balance (2-year)

New customer benefits: “No charge on checking accounts.”—Elizabeth Ouellette, Member Rep.

cPORT CREDIT UNION
cportcu.org

Branches: 4; Non-customer ATM charge: $3 or free within Surf Network; Refund ATM surcharges: Some

Checking account fee: No

Highest savings account APY & terms: .20%, $100 min. balance

Credit card APRs for A, B, C credit scores: 11.99%-17.99%

Best APR for 60-month auto loan: 3.25%

Lowest 30-year fixed rate res. mortgage APR: 5.263%, 30-year fixed CU Promise 90

Lowest res. mortgage APR & terms: 4.80%, 10-year fixed; Highest APY opportunity: 2.38%, 5-year CD
Highest CD APY & terms: 2.38%, 5-year

Best APY for 12-month IRA: 1.21%

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: .50%, $75,000
min. balance

Credit card APRs for A, B, C credit scores: 8.25%-13.25%

Best APR for 60-month auto loan: 2.80% for a car newer than 4 years

Lowest 30-year fixed rate res. mortgage APR: 5.263%, 30-year fixed CU Promise

Lowest res. mortgage APR & terms: 4.80% 10-year fixed

Highest APY opportunity: 2.99%, 5-year CD, $75,000 min.

Highest CD APY & terms: 2.99%, 5-year, $75,000 min.

Best APY for 12-month IRA: 1.81%, $75,000 min.

INFINITY FEDERAL CREDIT UNION
infinityfcu.com

Branches: 4; Non-customer ATM charge: $1.00; Refund ATM surcharges: Yes with some accounts

Checking account fee: None with Step Up checking

Highest savings account APY & terms: .06%, $1,000 min.

Credit card APRs for A, B, C credit scores: 8.90%-16.9% based on card type

Best APR for 60-month auto loan: 3.00% with Relationship Discount

Lowest 30-year fixed rate res. mortgage APR: 5.206%

Lowest res. mortgage APR & terms: 4.568%, 10-year fixed

Highest APY opportunity: 3.30% for 5, 7, and 10-year Jumbo Share Certificates, $95,000 min.

Highest CD APY & terms: 3.30% for 5, 7, and 10-year Jumbo Share Certificates, $95,000 min.; Best APY for 12-month IRA: 2.53% Share Certificate, $500 min.

MAINE SAVINGS FEDERAL CREDIT UNION
mainesavings.com

Branches: 10; Non-customer ATM charge: $3.00; Refund ATM surcharges: Yes with certain accounts

Checking account fee: No

Highest savings account APY & terms: .50% with Red Wallet Saver account up to $10,000, plus up to 2.00% of $10,000 with addition of Red Wallet Checking account

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

Best APR for 60-month auto loan: 3.84% for a new car

Lowest 30-year fixed rate res. mortgage APR: 5.263%, 30-year fixed CU Promise

Lowest res. mortgage APR & terms: 4.835%,
15-year fixed

Highest APY opportunity: 3.15%, 5-year CD, $500
min. deposit

Highest CD APY & terms: 3.15%, 5-year, $500
min. deposit

Best APY for 12-month IRA: 1.41%, $500 min. deposit

New customer benefits: “We offer a discount of 50% off your rate if you have loans with another institution as a new member. Credit card debt—we will take that and cut that in half, so if you qualify for the loan, we’d cut the interest rate in half.” —John Reed, President/Chief Executive Officer

MAINE STATE CREDIT UNION
mainestatecu.org

Branches: 3; Non-customer ATM charge: $3.00; Refund ATM surcharges: Up to $25 per month with some accounts

Checking account fee: None with Advantage Checking

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

Credit card APRs: 9.90%.-11.90%

Best APR for 60-month auto loan: 3.49%,
66-month term

Lowest 30-year fixed rate res. mortgage APR: 4.862%, 1.00 points

Lowest res. mortgage APR & terms: 4.274%, 10-year fixed, 1.00 points

Highest APY opportunity: 3.00%, 30-month Share Certificate Special, $2,500 min. deposit

Highest CD APY & terms: 3.00%, 30-month Share Certificate Special, $2,500 min. deposit

Best APY for 12-month IRA: 1.35%, $500 min. deposit

New customer benefits: “Our new smart phone capability includes e-alerts, new deposit/loan accounts, Visa card controls, and person-to-person payments.”
Tucker Cole, President/CEO

NORTHEAST CREDIT UNION
necu.org

Branches: 5; Non-customer ATM charge: $3; 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: 10.24%-16.25%

Best APR for 60-month auto loan: 3.69%

Lowest 30-year fixed rate res. mortgage APR: 5.229%

Lowest res. mortgage APR & terms: 3.00%, 3/1 ARM

Highest APY opportunity: 4.00%, Elite Checking

Highest CD APY & terms: 3.82%, 4-year

Best APY for 12-month IRA: 1.00%, $500 min. deposit

New customer benefits: “Our new members love that we can instantly issue their debit cards for them.”
Michael Rumo, Regional Sales Manager

TOWN & COUNTRY
FEDERAL CREDIT UNION
tcfcu.com

Branches: 6; Non-customer ATM charge: $2.00; Refund ATM surcharges: Yes, up to $25/month with Rewards Checking

Checking account fee: No; Highest savings account APY & terms: .15%, $25 min. balance

Credit card APRs for A, B, C credit scores: Platinum Visa CC: 8.90% to 15.90% APR; Rewards Visa CC: 10.90% to 17.90%, APR as low as 3.90% APR for the first year for new credit card holders.

Best APR for 60-month auto loan: 3.49% for a new car

Lowest 30-year fixed rate res. mortgage APR: 5.282%

Lowest res. mortgage APR & terms: 4.702%,
10-year fixed

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

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

Best APY for 12-month IRA: 1.10%, $500 min. deposit

UNIVERSITY CREDIT UNION
ucu.maine.edu

Branches: 9; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes, up to 4 transactions

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: 9.99%-16.99% for the Platinum Card, 11.99%-18.99% for the Platinum Rewards Card

Best APR for 60-month auto loan: 3.29%

Lowest 30-year fixed rate res. mortgage APR: 5.237% Purchase Primary Residence

Lowest res. mortgage APR & terms: 4.274%,
15-year fixed

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

Highest CD APY & terms: 1.2%, 5-year CD,
$500 min. deposit

Best APY for 12-month IRA: .30%, $500
min. deposit

*All rates are subject to change. Please check with the financial institution for the most current offers. Each bank included in this year’s article feature electronic check deposit through mobile devices.

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