{"id":10237,"date":"2014-11-26T10:04:17","date_gmt":"2014-11-26T15:04:17","guid":{"rendered":"http:\/\/www.portlandmonthly.com\/portmag\/?p=10237"},"modified":"2014-11-26T10:04:17","modified_gmt":"2014-11-26T15:04:17","slug":"the-big-bank-theory-dollar-fun","status":"publish","type":"post","link":"https:\/\/www.portlandmonthly.com\/portmag\/the-big-bank-theory-dollar-fun\/","title":{"rendered":"The Big Bank Theory: Dollar Fun"},"content":{"rendered":"

December 2014 | view this story as a .pdf<\/a><\/p>\n

We just want to be your banker.<\/h2>\n

From Staff & Wire Reports<\/p>\n

\"DEC14-Big-Bank\"<\/a>As 2015 dawns, it\u2019s great to see Maine depositors in the driver\u2019s seat. Consider the banks and credit unions fighting for our business: 1) Just open an eChecking account at Bath Savings, and they\u2019ll donate $25 to a charity of your choice. 2) Bankers\u2019 hours? At Five County Credit Union, nine locations are open six days a week, till 8 p.m. 3) At Key Bank of Maine, Key Privilege Accounts have no fee, free checks, and a free safe-deposit box. 4) At Bank of Maine, they have no account fees, period. Not only that, they want to pay you<\/em> cash rewards. Set up an account, set up a direct deposit, pay five bills electronically, and swipe your debit card 10 times and earn $150 cash in your account. If you don\u2019t like free money, stop reading right now.<\/p>\n

ANDROSCOGGIN BANK<\/strong>
\nandroscogginbank.com<\/p>\n

Branches: 12; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, except with Blue Wave Basic account.<\/p>\n

Checking account fee: $5 for Blue Wave Basic account.<\/p>\n

Highest savings account APY & terms: .07% with balance of $100,000.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 7.85%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.148%<\/p>\n

Lowest res. mortgage APR & terms: 3.290%,<\/p>\n

15-year fixed.<\/p>\n

Highest APY opportunity: 3%, high 5-year CD,<\/p>\n

minimum deposit $2,500.<\/p>\n

Highest CD APY & terms: 3%, high 5-year CD,<\/p>\n

minimum deposit $2,500.<\/p>\n

Best APY for 12-month IRA: 0.2%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cOur clients choose Androscoggin Bank because they get sage advice and results-driven solutions from smart, responsive bankers.\u201d<\/p>\n

\u2013Melissa Rock<\/p>\n

AROOSTOOK COUNTY FEDERAL SAVINGS<\/strong>
\nyourhomebank.com<\/p>\n

Branches: 2; Minimum ATM withdraw: $20; Non-customer ATM charge: $2; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: None with $250 minimum balance; no minimum balance required for account holders 55 or older.<\/p>\n

Highest savings account APY & terms: 0.15%, Passbook account, $5 deposit to open.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 2.5%-6.5%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: N\/A<\/p>\n

Lowest res. mortgage APR & terms: 2%, 6-month, adjustable up to 30-year.<\/p>\n

Highest APY opportunity: 1.89%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.89%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 1.28%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cWe don\u2019t sell our loans to the secondary market; we keep all our loans in house.\u201d
\n\u2013Iris Pelletier.<\/p>\n

AUBURN SAVINGS BANK<\/strong>
\nauburnsavings.com<\/p>\n

Branches: 2; Minimum ATM withdraw: $10; Non-customer ATM charge: $2; Refund ATM surcharges: No<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: Maestro Money Market 0.35% for $200,000 minimum, checking account required.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 4.250% for a 2013+
\nvehicle; 4% with payment withdrawal from an
\nAuburn Savings deposit account.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.550%<\/p>\n

Lowest res. mortgage APR & terms: 3.710%,<\/p>\n

15-year fixed.<\/p>\n

Highest APY opportunity: 1.45%, 5-year special CD & IRA, minimum $500 deposit.<\/p>\n

Highest CD APY & terms: 1.45%, 5-year special CD & IRA, minimum $500 deposit.<\/p>\n

Best APY for 12-month IRA: 0.41%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cWe offer free checking accounts, no monthly service charge, and no minimum balances.\u201d\u2013Crystal McCormick.<\/p>\n

BANGOR SAVINGS<\/strong>
\nbangor.com<\/p>\n

Branches: 57; Minimum ATM withdraw: $20; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .08%, balance of $25 or more.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99%-20.99%<\/p>\n

Best APR for 60-month auto loan: 3.88% for a new car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.06%<\/p>\n

Lowest res. mortgage APR & terms: 3.41%, 10-year fixed.<\/p>\n

Highest APY opportunity: 1.26%, 5-year CD, as a Benefit Plus Customer.<\/p>\n

Highest CD APY & terms: 1.26%, 5-year CD, as a Benefit Plus Customer.<\/p>\n

Best APY for 12-month IRA: 0.10%, for balances $25,000+.<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe\u2019ve got branches all over the state and all the large-bank capabilities, but we still have small-town service, wonderful online banking, and debit cards are free anywhere in the world because we\u2019ll refund any charge.\u201d\u2013Lillian Cote.<\/p>\n

BANK OF AMERICA<\/strong>
\nbankofamerica.com<\/p>\n

Branches: 13; Minimum ATM withdraw: $20; $10 at Falmouth branch; Non-customer ATM charge: $2.50; Refund ATM surcharges: No<\/p>\n

Checking account fee: None with $300 balance;
\notherwise, $5.<\/p>\n

Highest savings account APY & terms: 0.03%, Rewards Money Market, minimum $25 deposit.<\/p>\n

Credit card APRs for A, B, C credit scores: 11.99% to 21.99%<\/p>\n

Best APR for 60-month auto loan: 2.34% for a new car; 2.49% for a used car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.125%<\/p>\n

Lowest res. mortgage APR & terms: 3.424%, 15-year fixed.<\/p>\n

Highest APY opportunity: 0.15%, 4-year CD.<\/p>\n

Highest CD APY & terms: 0.15%, 4-year CD.<\/p>\n

Best APY for 12-month IRA: 0.08%, minimum
\n$2,000 deposit.<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cOur purpose is to help connect our customers and clients to what matters most to them.\u201d<\/p>\n

BANK OF MAINE<\/strong>
\nthebankofmaine.com<\/p>\n

Branches: 24; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .05%, regular statement savings.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99%
\nto 20.99%<\/p>\n

Best APR for 60-month auto loan: 5.5%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.19%<\/p>\n

Lowest res. mortgage APR & terms: 3.48%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1.56%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.56%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: .55%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cNo account fees, period. And we have cash rewards. Set up an account, set up a direct deposit, pay five bills electronically, and swipe your debit card 10 times as credit transactions, and you\u2019ll see $150 show up in your account.\u201d\u2013Chad Daley<\/p>\n

BAR HARBOR BANK & TRUST<\/strong>
\nbhbt.com<\/p>\n

Branches: 20; Minimum ATM withdraw: $10; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: None for Simple Choice Checking.<\/p>\n

Highest savings account APY & terms: .07%, $25 minimum deposit.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99%
\nto 20.99%<\/p>\n

Best APR for 60-month auto loan: 4.99%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.167%<\/p>\n

Lowest res. mortgage APR & terms: 3.504%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1.5%, 60+ month IRA.<\/p>\n

Highest CD APY & terms: 1.5%, 5-year CD, $500 minimum.<\/p>\n

Best APY for 12-month IRA: .23%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe\u2019re in an extensive network of community banks so free ATMs are widely available. Our electronic check-scanning app for mobile devices is a great convenience considering the distance you may be from one of our branches.\u201d\u2013Michelle Curtis<\/p>\n

BATH SAVINGS INSTITUTION<\/strong>
\nbathsavings.com<\/p>\n

Branches: 9; Minimum ATM withdraw: $5; Non-customer ATM charge: $2; Refund ATM surcharges: In some circumstances.<\/p>\n

Checking account fee: None for regular account with $100 balance; otherwise $6.50.<\/p>\n

Highest savings account APY & terms: 0.12%, Super Savings account.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 3.041%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.177%<\/p>\n

Lowest res. mortgage APR & terms: 3.032%,
\n5-year adjustable.<\/p>\n

Highest APY opportunity: 0.95%, 5.75-year CD.<\/p>\n

Highest CD APY & terms: 0.95%, 5.75-year CD, minimum $500 deposit.<\/p>\n

Best APY for 12-month IRA: 0.20%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe like to help our customers as well as the community. When you open an eChecking account, we donate $25 to a non-profit of your choice.\u201d\u2013Debbie Anderson.<\/p>\n

BIDDEFORD SAVINGS<\/strong>
\nbiddefordsavings.com<\/p>\n

Branches: 6; Minimum ATM withdraw: $20; Non-customer ATM charge: $2.50; Refund ATM surcharges: No, but eStatements have free worldwide ATM use. Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.30%<\/p>\n

Credit card APRs for A, B, C credit scores: 13.99% to 17.99%<\/p>\n

Best APR for 60-month auto loan: 3.5%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.184%<\/p>\n

Lowest res. mortgage APR & terms: 3.289%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1.76%, 5-year CD, minimum $1,500 deposit.<\/p>\n

Highest CD APY & terms: 1.76%, 5-year CD, minimum $1,500 deposit.<\/p>\n

Best APY for 12-month IRA: 0.4%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cI believe we really try to strive for great customer service. The staff is really friendly.\u201d\u2013Lisa Caldwell.<\/p>\n

CAMDEN NATIONAL BANK<\/strong>
\ncamdennational.com<\/p>\n

Branches: 44; Minimum ATM withdraw: $20; Non-customer ATM charge: $3.50; Refund ATM surcharges: No<\/p>\n

Checking account fee: $8 for paper checking; none with $500 balance; none for eChecking and Students.<\/p>\n

Highest savings account APY & terms: 0.10%, HSA, $5,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99% to 20.99%<\/p>\n

Best APR for 60-month auto loan: 6%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4%<\/p>\n

Lowest res. mortgage APR & terms: 3.1%, 10-year fixed.<\/p>\n

Highest APY opportunity: 1.56%, 5-year CD, $500 minimum.<\/p>\n

Highest CD APY & terms: 1.56%, 5-year, $500 minimum.<\/p>\n

Best APY for 12-month IRA: .15%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe have all the latest technology and branches from Kennebunk up the coast and inland to Lewiston\/Auburn, Augusta, and Bangor.\u201d<\/p>\n

GORHAM SAVINGS BANK<\/strong>
\ngorhamsavingsbank.com<\/p>\n

Branches: 11; Minimum ATM withdraw: $20 Non-customer ATM charge: $2.95; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: $5 for paper statements.<\/p>\n

Highest savings account APY & terms: .25%, $75,000 minimum.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99%
\nto 17.99%<\/p>\n

Best APR for 60-month auto loan: 3.25% for a new car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.04%<\/p>\n

Lowest res. mortgage APR & terms: 2.99%, 10-year fixed.<\/p>\n

Highest APY opportunity: 1.30%, 60-month CD, minimum $500.0<\/p>\n

Highest CD APY & terms: 1.30%, 60-month,
\nminimum $500.<\/p>\n

Best APY for 12-month IRA: .40%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe have a smart phone app that\u2019s handing for transferring between accounts when you\u2019re traveling.\u201d\u2013Anna Davis<\/p>\n

KENNEBUNK SAVINGS<\/strong>
\nkennebunksavings.com<\/p>\n

Branches: 13; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.10%, $5,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99%
\nto 20.99%<\/p>\n

Best APR for 60-month auto loan: 4.79%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.041%<\/p>\n

Lowest res. mortgage APR & terms: 3.322%,
\n15-year fixed.<\/p>\n

Highest APY opportunity: 1.31%, 5-year IRA\/CD.<\/p>\n

Highest CD APY & terms: 1.31%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 0.4%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cYou get a bank where people know your name, but all the service of a big bank.\u201d
\n\u2013Heather Harris.<\/p>\n

KEY BANK<\/strong>
\nkeybank.com<\/p>\n

Branches: 53; Minimum ATM withdraw: $20; Non-customer ATM charge: $2.75; Refund ATM surcharges:\u00a0With some accounts.<\/p>\n

Checking account fee: None for Privilege Checking.<\/p>\n

Highest savings account APY & terms: .05%, for
\n$2,500 minimum.<\/p>\n

Credit card APRs for A, B, C credit scores: 11.99%
\nto 21.99%<\/p>\n

Best APR for 60-month auto loan: 3.24%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.125%<\/p>\n

Lowest res. mortgage APR & terms: 3.42%, 15-year fixed.<\/p>\n

Highest APY opportunity: .69%, minimum deposit $2,500.<\/p>\n

Highest CD APY & terms: .85%, 5-year, minimum deposit $100,000.<\/p>\n

Best APY for 12-month IRA: 0.2%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cKey Privilege Accounts have no monthly fee, free checks, and a free safe deposit box.\u201d\u2013Sandy Walsh<\/p>\n

NORWAY SAVINGS BANK<\/strong>
\nnorwaysavingsbank.com<\/p>\n

Branches: 24; Minimum ATM withdraw: $20; Non-customer ATM charge: $2; Refund ATM surcharges: Yes, up to $20.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .35%, IRA Savings account.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 2.99%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.282%<\/p>\n

Lowest res. mortgage APR & terms: 3.431%, 15-year fixed.<\/p>\n

Highest APY opportunity: .95%, 5-year CD\/IRA.<\/p>\n

Highest CD APY & terms: .95%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: .25%, Premium IRA.<\/p>\n

Electronic check scanning on mobile devices:Yes<\/p>\n

Breakout advantage: \u201cWe have one of the best locations for working with people and businesses in Western and Southern Maine. We offer the same technology as a big bank, but we\u2019re a small bank.\u201d\u2013Karen Hakala.<\/p>\n

Northeast Bank<\/strong>
\nnortheastbank.com<\/p>\n

Branches: 10; Minimum ATM withdraw: $20; Non-customer ATM charge: $2.00; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.35%, $100,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 6.131%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.25%<\/p>\n

Lowest res. mortgage APR & terms: 3.25%, 10 year fixed.<\/p>\n

Highest APY opportunity: 1.4%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.4%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 0.2%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cProviding in-depth commercial lending solutions with unique expertise in SBA loan programs.\u201d<\/p>\n

PEOPLE\u2019S UNITED BANK<\/strong>
\npeoples.com<\/p>\n

Branches: 8; Minimum ATM withdraw: $10; Non-customer ATM charge: $2.50; Refund ATM surcharges: With some accounts.<\/p>\n

Checking account fee: $12; $0 if 65 or older, minimum balance is maintained, or use of direct deposit.<\/p>\n

Highest savings account APY & terms: 0.1% with $10,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 13.99% to 18.99%<\/p>\n

Best APR for 60-month auto loan: 7.49% for a new car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 3.940%<\/p>\n

Lowest res. mortgage APR & terms: 3.240%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.0%, 5-year%<\/p>\n

Best APY for 12-month IRA: 0.3%<\/p>\n

Electronic check scanning on mobile devices: Yes.<\/p>\n

Breakout advantage: \u201cAt People\u2019s United Bank,\u00a0we believe that, by offering empathy and\u00a0expertise to our customers, giving back as\u00a0partners in our communities, and valuing\u00a0the know-how of our employees, we all\u00a0succeed together.\u201d<\/p>\n

SACO & BIDDEFORD SAVINGS<\/strong>
\nsbsavings.com<\/p>\n

Branches: 6; Minimum ATM withdraw: $5; Non-customer ATM charge: $3.50; Refund ATM surcharges: No<\/p>\n

Checking account fee: $3, unless the minimum balance is maintained.<\/p>\n

Highest savings account APY & terms: 0.4%, Mainely Preferred account, $100,000 minimum.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 3.5% for a new car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.175%<\/p>\n

Lowest res. mortgage APR & terms: 3.337%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1.76%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.76%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: .45%<\/p>\n

Electronic check scanning on mobile devices: No.<\/p>\n

Breakout advantage: \u201cOur branches open at 7:30 on Sunday mornings, and we have some very competitive savings products.\u201d\u2013Cathy White<\/p>\n

SANFORD INSTITUTION FOR SAVINGS<\/strong>
\nbanksis.com<\/p>\n

Branches: 8; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, with Ultimate Checking.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .08%, Money Market savings, $200,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 10.99% – 21.99%<\/p>\n

Best APR for 60-month auto loan: 3.0%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.169%<\/p>\n

Lowest res. mortgage APR & terms: 3.327%,<\/p>\n

15-year fixed.<\/p>\n

Highest APY opportunity: 2.27%, 10-year Silver Link CD III, $10,000 minimum balance.<\/p>\n

Highest CD APY & terms: 2.27%, 10-year Silver Link CD III, $10,000 minimum balance.<\/p>\n

Best APY for 12-month IRA: .04%, $5,000 minimum.<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cYou\u2019re always going to get a person when you call us, but we are up on all the latest electronic banking technology. The mobile apps are really handy.\u201d Rachel Perez.<\/p>\n

TD BANK<\/strong>
\ntdbank.com<\/p>\n

Branches: 40; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: with\u00a0certain accounts.<\/p>\n

Checking account fee: Free with minimum $100 balance.<\/p>\n

Highest savings account APY & terms: .40%<\/p>\n

Credit card APRs for A, B, C credit scores: 9.24% – 23.24%<\/p>\n

Best APR for 60-month auto loan: 3.99%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.06%<\/p>\n

Lowest res. mortgage APR & terms: 3.3%, 15-year fixed.<\/p>\n

Highest APY opportunity: 1.25%, 7-year CD, minimum deposit $250.<\/p>\n

Highest CD APY & terms: 1.25%, 7-year CD, minimum deposit $250.<\/p>\n

Best APY for 12-month IRA: .25%, minimum deposit $250.<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cAlmost all of our branches all have Saturday and Sunday hours.\u201d<\/p>\n

\u2013Christina O\u2019Brien<\/p>\n

CREDIT UNIONS<\/h2>\n

ACADIA FEDERAL CREDIT UNION<\/strong>
\nacadiafcu.org<\/p>\n

Branches: 5; Minimum ATM withdraw: $10; Non-customer ATM charge: $1.50; Refund ATM surcharges: No. Checking account fee: No<\/p>\n

Highest savings account APY & terms: .25%<\/p>\n

Credit card APRs for A, B, C credit scores: As low
\nas 10.90%.<\/p>\n

Best APR for 60-month auto loan: 2.99%, 2007 car
\nor newer.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 5.64%, with 20% down payment.<\/p>\n

Lowest res. mortgage APR & terms: 5.30%, 10-year fixed, 20% down payment.<\/p>\n

Highest APY opportunity: 2.02%, 5-year CD.<\/p>\n

Highest CD APY & terms: 2.02%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: .40%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe get a lot of compliments because we really go out of our way for our members.\u201d\u2013Linda Bechard<\/p>\n

ATLANTIC REGIONAL FEDERAL CREDIT UNION<\/strong>
\natlanticregional.com<\/p>\n

Branches: 4; Minimum ATM withdraw: $10; Non-customer ATM charge: $2.50; Refund ATM surcharges: Yes, up to $20 per month.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .10%<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99% to 22.99%<\/p>\n

Best APR for 60-month auto loan: 2.74%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4%<\/p>\n

Lowest res. mortgage APR & terms: 2.40%, 7-year fixed.<\/p>\n

Highest APY opportunity: 1.35%, 5-year Step-up
\nCD\/IRA.<\/p>\n

Highest CD APY & terms: 1.35%, 5-year Step-up CD.<\/p>\n

Best APY for 12-month IRA: 0.4%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cOur personal service.\u201d\u2013 Roger Sirois.<\/p>\n

BANGOR FEDERAL CREDIT UNION<\/strong>
\nbangorfederal.com<\/p>\n

Branches: 3; Minimum ATM withdraw: $10; Non-customer ATM charge: $2.50; Refund ATM surcharges: No<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.25%, Money Market account, $25,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 7.9% to 10.9%<\/p>\n

Best APR for 60-month auto loan: 3.49%, 2011
\ncar or newer.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: N\/A<\/p>\n

Lowest res. mortgage APR & terms: 3.75%, 20-year fixed.<\/p>\n

Highest APY opportunity: 1.46%, 5-year Jumbo CD, $100,000 minimum balance.<\/p>\n

Highest CD APY & terms: 1.46%, 5-year Jumbo CD, $100,000 minimum balance.<\/p>\n

Best APY for 12-month IRA: .25%, $25,000 minimum balance.<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe\u2019re in the Share network so you can access your account information from any credit union in the country. And we keep our loans in-house, so 20 years is our max.\u201d\u2013Ray Bean<\/p>\n

cPORT CREDIT UNION<\/strong>
\ncportcu.org<\/p>\n

Branches: 4; Minimum ATM withdraw: $10; Non-customer ATM charge: $3; Refund ATM surcharges: Circumstantial.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.4%, Money Market Plus account, $100,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.99% to 17.99%<\/p>\n

Best APR for 60-month auto loan: 2.99%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4%<\/p>\n

Lowest res. mortgage APR & terms: 3.125%,
\n15-year fixed.<\/p>\n

Highest APY opportunity: 1.60%, 5-year classic
\nannual CD.<\/p>\n

Highest CD APY & terms: 1.60%, 5-year classic
\nannual CD.<\/p>\n

Best APY for 12-month IRA: 0.2%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe know most of our members by name and by face. People really enjoy the family feel they have when they come in.\u201d\u2013Missy Tasker<\/p>\n

CUMBERLAND COUNTY CREDIT UNION<\/strong>
\ncumberlandcountyfcu.com<\/p>\n

Branches: 5; Minimum ATM withdraw: $20; Non-customer ATM charge: Depends on the ATM location; Refund ATM surcharges: No<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: 0.3%, $75,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: N\/A<\/p>\n

Best APR for 60-month auto loan: 2.45%, New\/Used car under 5 years old.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.074%<\/p>\n

Lowest res. mortgage APR & terms: 3.167%,
\n10-years fixed.<\/p>\n

Highest APY opportunity: 1.87%, 5-year CD\/IRA, $75,000 minimum deposit.<\/p>\n

Highest CD APY & terms: 1.87%, 5-year CD, $75,000 minimum deposit.<\/p>\n

Best APY for 12-month IRA: 0.65%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cWe\u2019re a credit union so we\u2019re not for profit.\u201d\u2013Debbie Martin.<\/p>\n

FIVE COUNTY CREDIT UNION<\/strong>
\nfivecounty.com<\/p>\n

Branches: 15; Minimum ATM withdraw: as low as $5 depending on location; Non-customer ATM charge: $3; Refund ATM surcharges: No<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .15% with\u00a0no minimum balance; .25% with $5,000\u00a0minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 13.75%\u00a0to 19.9%<\/p>\n

Best APR for 60-month auto loan: As low as 2.5%.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.125%<\/p>\n

Lowest res. mortgage APR & terms: 3.125%,
\n10-year fixed.<\/p>\n

Highest APY opportunity: 1.06%, 5-year CD, $100,000 minimum balance.<\/p>\n

Highest CD APY & terms: 1.06%, 5-year CD, $100,000 minimum balance.<\/p>\n

Best APY for 12-month IRA: .35%, $100,000 minimum balance.<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cWe have nine locations and a full-service call center that are open six days a week, Monday through Saturday, until 8:00 p.m., and this includes most holidays.\u201d\u2013Mike Foley<\/p>\n

KV FEDERAL CREDIT UNION<\/strong>
\nkvfcu.org<\/p>\n

Branches: 2; Minimum ATM withdraw: $5; Non-customer ATM charge: $1; Refund ATM surcharges: No<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .15 %, $2,500 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 11.9% to 15.9%<\/p>\n

Best APR for 60-month auto loan: 3.49%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.2%<\/p>\n

Lowest res. mortgage APR & terms: 2.99%, 10-year fixed.<\/p>\n

Highest APY opportunity: 1.85%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.85%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 0.4%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout Advantage: \u201cMore of a personal feel\u2013we know our members by name.\u201d\u2013 Jake Rollins.<\/p>\n

LINCOLN MAINE FEDERAL CREDIT UNION<\/strong>
\nlincolnmainefcu.com<\/p>\n

Branches: 1; Minimum ATM withdraw: $1; Non-customer ATM charge: $1.50; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .25%<\/p>\n

Credit card APRs for A, B, C credit scores: 7.9%-18%<\/p>\n

Best APR for 60-month auto loan: 2.99%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: N\/A<\/p>\n

Lowest res. mortgage APR & terms: 4.75%,<\/p>\n

0-15 years fixed.<\/p>\n

Highest APY opportunity: 1.75%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.75%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: N\/A<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: We keep our mortgages in-house, which is one reason people come to us; it\u2019s a personal service.\u201d\u2013Wendy Oldenburgh<\/p>\n

LISBON COMMUNITY FEDERAL CREDIT UNION<\/strong>
\nlisboncu.org<\/p>\n

Branches: 2; Minimum ATM withdraw: $10; Non-customer ATM charge: Circumstantial; Refund ATM surcharges: No<\/p>\n

Checking account fee: None with $300 balance.<\/p>\n

Highest savings account APY & terms: .35%, with Money Market account, $100,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: From 13.90%.<\/p>\n

Best APR for 60-month auto loan: 3.5%, 2011 cars or newer.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.072%<\/p>\n

Lowest res. mortgage APR & terms: 3.372%,<\/p>\n

15-year fixed.<\/p>\n

Highest APY opportunity: 1.510%, 5-year CD.<\/p>\n

Highest CD APY & terms: 1.51%, 5-year CD,<\/p>\n

$1,000 minimum.<\/p>\n

Best APY for 12-month IRA: .45%<\/p>\n

Electronic check scanning on mobile devices: No<\/p>\n

Breakout advantage: \u201cWe have Saturday hours and we\u2019re proud of our customer service. You won\u2019t get a voice recording when you call unless we\u2019re closed!\u201d\u2013Sarah Wellington.<\/p>\n

PEOPLESCHOICE CREDIT UNION<\/strong>
\npeopleschoicecreditunion.com<\/p>\n

Branches: 4; Minimum ATM withdraw: $10; Non-customer ATM charge: $2; Refund ATM surcharges: No<\/p>\n

Checking account fee: $5.95; $0 with e-pay of\u00a0 three bills per month.<\/p>\n

Highest savings account APY & terms: 0.5%, Money Market savings, $250,000 minimum balance.<\/p>\n

Credit card APRs for A, B, C credit scores: 9.9% to 29.99%<\/p>\n

Best APR for 60-month auto loan: 3.29%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 2.39%
\n(36 months).<\/p>\n

Lowest res. mortgage APR & terms: 3.50%, 15-year fixed<\/p>\n

Highest APY opportunity: 2.78%, 10-year CD, $500 minimum balance.<\/p>\n

Highest CD APY & terms: 2.78%, 120-month CD, $500 minimum balance.<\/p>\n

Best APY for 12-month IRA: 0.5%, $75,000 minimum.<\/p>\n

Electronic check scanning on mobile devices: No.<\/p>\n

Breakout advantage: \u201cWe\u2019re competitive with our rates, we have no fees on our loans, and we have no-fee Visa, which is hard to find.\u201d\u2013Nancy Greenleaf.<\/p>\n

TOWN & COUNTRY FEDERAL CREDIT UNION<\/strong>
\ntcfcu.com<\/p>\n

Branches: 6; Minimum ATM withdraw: $1; Non-customer ATM charge: $2; Refund ATM surcharges: Yes, with Rewards Checking.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .15%, $25 minimum deposit.<\/p>\n

Credit card APRs for A, B, C credit scores:
\nAs low as 8.90%.<\/p>\n

Best APR for 60-month auto loan: 2.49% for new car; 2.99% for used car.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.5%<\/p>\n

Lowest res. mortgage APR & terms: 3.99% 15-year fixed<\/p>\n

Highest APY opportunity: 3.01%, up to $10,000, with Rewards Checking.<\/p>\n

Highest CD APY & terms: 1.5%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 0.5%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe find that people are really glad to have their mortgage held by their own bank where they can walk right in and talk to us. The level of complaints about by the giant national lenders has really gone up.\u201d\u2013Mike Martin<\/p>\n

UNIVERSITY CREDIT UNION<\/strong>
\nucu.maine.edu<\/p>\n

Branches: 8; Minimum ATM withdraw: $5, or 20; Non-customer ATM charge: $2; Refund ATM surcharges: In\u00a0some circumstances.<\/p>\n

Checking account fee: No<\/p>\n

Highest savings account APY & terms: .76%, RewardU Saver, up to $15,000.<\/p>\n

Credit card APRs for A, B, C credit scores: 7.99% to 17.99%; 3.99% APR intro rate on balance transfers.<\/p>\n

Best APR for 60-month auto loan: 3.74%, $7,500 minimum loan amount, and a monthly payment of $18.30 per $1,000.<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.229%<\/p>\n

Lowest res. mortgage APR & terms: 3.251%, 10-year fixed.<\/p>\n

Highest APY opportunity: 1.20%, 5-year CD\/IRA.<\/p>\n

Highest CD APY & terms: 1.20%, 5-year CD.<\/p>\n

Best APY for 12-month IRA: 0.3%<\/p>\n

Electronic check scanning on mobile devices: Yes<\/p>\n

Breakout advantage: \u201cWe\u2019re local, and not-for-profit while also having the ability to serve members across the U.S. We have cutting edge technology to make banking easier.\u201d\u2013Amy Irish\u00a0 n<\/p>\n

\u2013Research by Cody Marcroft<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

December 2014
\nWe just want to be your banker.<\/p>\n","protected":false},"author":1,"featured_media":10243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[8],"tags":[88],"class_list":["post-10237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","tag-december-2014"],"_links":{"self":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/10237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/comments?post=10237"}],"version-history":[{"count":5,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/10237\/revisions"}],"predecessor-version":[{"id":10244,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/10237\/revisions\/10244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/media\/10243"}],"wp:attachment":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/media?parent=10237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/categories?post=10237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/tags?post=10237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}