{"id":9236,"date":"2013-11-27T14:40:36","date_gmt":"2013-11-27T19:40:36","guid":{"rendered":"http:\/\/www.portlandmonthly.com\/portmag\/?p=9236"},"modified":"2013-11-27T14:40:36","modified_gmt":"2013-11-27T19:40:36","slug":"ten-things-i-love-about-my-new-bank","status":"publish","type":"post","link":"https:\/\/www.portlandmonthly.com\/portmag\/ten-things-i-love-about-my-new-bank\/","title":{"rendered":"Ten Things I Love About My New…Bank"},"content":{"rendered":"

December 2013 | view this story as a .pdf<\/a><\/p>\n

Maine banks and credit unions are anxious to win you as a depositor in 2014. Pull up a chair and get to know them, up close and personal.<\/strong><\/h3>\n

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

\"bank\"<\/a>Choosing a new bank is a little like speed dating. It helps when you start the ritual by knowing in advance what\u2019s important to you. Free checking?<\/em> Absolutely. No ATM fees ever?<\/em> Yeah, we\u2019ve got that\u2013or at least some of the banks and credit unions listed here do. Extended hours? <\/em>What do you mean, exactly? How about a bank that\u2019s open till 8 p.m.?<\/em> Child\u2019s play. Okay, how about a bank that\u2019s open on Sunday?<\/em> Yes, and you deserve it! We hope you enjoy this story, because we\u2019re your advance team, asking these questions for you. After all, it\u2019s in your best interest.<\/p>\n

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

Branches: 13; Minimum ATM withdraw: $20; Non-customer ATM charge: $2; Refund ATM surcharges: up to $6 per month<\/p>\n

Checking account fee: None with direct deposit and 10 POS transactions per month, otherwise $10<\/p>\n

Highest savings account APY & terms: 0.07% with balance of $100,000+<\/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: 5.17%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.273%<\/p>\n

Lowest res. mortgage APR & terms: 3.29% 15 years fixed<\/p>\n

Highest APY opportunity: 1.05%, 4-year \u201cStep-Up\u201d CD, minimum deposit $500<\/p>\n

Highest CD APY & terms: 1.05%, 4-year \u201cStep-Up\u201d CD, minimum deposit $500<\/p>\n

Best APY for 12-month IRA: 0.01%<\/p>\n

Breakout advantage: A strong reputation in the community thanks to the staff.<\/p>\n

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

Branches: 2; Minimum ATM withdraw: $20; Non-customer ATM charge: No; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: $0 with $250 minimum daily balance, otherwise $5<\/p>\n

Highest savings account APY & terms: .15%<\/p>\n

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

Best APR for 60-month auto loan: 5% on 2012 or 2013 vehicles<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: N\/A, 5.25% on a 20-year plan, with 20% down<\/p>\n

Lowest res. mortgage APR & terms: 3%, 6-months adjustable on a 30 year plan, with 20% down<\/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: 0.46%<\/p>\n

Breakout advantage: Helping people buy, build, and renovate their homes since 1936<\/p>\n

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

Branches: 2; Minimum ATM withdraw: $10; Non-customer ATM charge: $3; Refund ATM surcharges: No<\/p>\n

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

Highest savings account APY & terms: .50%, Maestro Money Market, tiered, over $200,000<\/p>\n

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

Best APR for 60-month auto loan: 7.25%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.832%<\/p>\n

Lowest residential mortgage APR & terms: 4.074%, 15-year fixed rate, $500 flat fee<\/p>\n

Highest APY opportunity: 1.45%, 5-year special CD<\/p>\n

Highest CD APY & terms: 1.45%, 5-year special CD<\/p>\n

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

Breakout advantage: They\u2019re small enough to know their customers by name.<\/p>\n

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

Branches: 57; 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: .08%<\/p>\n

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

Best APR for 60-month auto loan: 4.54%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.210%<\/p>\n

Lowest residential mortgage APR & terms: 3.530%, 15-year<\/p>\n

Highest APY opportunity: 1.05% CD as a Benefits Plus customer<\/p>\n

Highest CD APY & terms: 5-year .94%<\/p>\n

Best APY for 12-month IRA: 0.10%<\/p>\n

Breakout advantage: Understanding that banking isn\u2019t just about money. It\u2019s about trust.<\/p>\n

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

Branches: 33; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: No<\/p>\n

Checking account fee: No monthly fee with $1,500 minimum balance, otherwise $12<\/p>\n

Highest savings account APY & terms: 0.04% – 0.10% APY with $2500 minimum daily balance<\/p>\n

Credit card APRs for A, B, C credit scores:12.99%-22.99%<\/p>\n

Best APR for 60-month auto loan: 2.29%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.277%<\/p>\n

Lowest residential mortgage APR & terms: 3.062%<\/p>\n

Highest APY opportunity: 0.30% CD, minimum of 60 mo. and $10,000<\/p>\n

Highest CD APY & terms: 0.30% CD, minimum of 60 mo. and $10,000<\/p>\n

Best APY for 12-month IRA: 0.12% with Platinum status<\/p>\n

Breakout advantage:\u00a0 \u201cWe\u2019re here to make the financial lives of those who do business with us better.\u201d\u2013Brian T. Moynihan, CEO<\/p>\n

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

Branches: 33; Minimum ATM withdraw: $20; Non-customer ATM charge: $2; Refund ATM surcharges: Yes Checking account fee: No<\/p>\n

Highest savings account APY & terms: .20% $2,500 min.<\/p>\n

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

Best APR for 60-month auto loan: 7%<\/p>\n

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

Lowest residential mortgage APR & terms: 3%, 3 years<\/p>\n

Highest APY opportunity: 1.56%, 5-year CD, $20,000 minimum<\/p>\n

Highest CD APY & terms: 1.56%, 5-year CD, $20,000 minimum<\/p>\n

Best APY for 12-month IRA: 0.35%, $250,000 minimum<\/p>\n

Breakout advantage: Banking and financial services with a strong commitment to communities and the people.<\/p>\n

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

Branches: 17; Minimum ATM withdraw: $10; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes with some accounts, up to $25<\/p>\n

Checking account fee: $0 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%-20.99%<\/p>\n

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

Lowest 30-year fixed rate res. mortgage APR: 4.419%<\/p>\n

Lowest residential mortgage APR & terms: 3.63%, 15-year<\/p>\n

Highest APY opportunity: 1.3%, 60+ month IRA<\/p>\n

Highest CD APY & terms: 1.2%, $500 minimum, 60-month<\/p>\n

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

Breakout advantage: \u201cYou\u2019re going to know your customers at a small-town bank much, much more than a big out-of-state-owned bank.\u201d Customer service rep, Ellsworth.<\/p>\n

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

Branches: 9; Minimum ATM withdraw: $5; Non-customer ATM charge: $2 Refund ATM surcharges: No<\/p>\n

Checking account fee: $2, basic checking<\/p>\n

Highest savings account APY & terms: .12%, $500 minimum, $1 balance req.<\/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: 4.295%<\/p>\n

Lowest residential mortgage APR & terms: 3.026%, 5-year<\/p>\n

Highest APY opportunity: .95%, 5.75-year CD, $500 minimum<\/p>\n

Highest CD APY & terms: .95%, 5.75-year CD, $500 minimum<\/p>\n

Best APY for 12-month IRA: .20%<\/p>\n

Breakout advantage: “Providing exceptional service for a truly a different experience.\u201d<\/p>\n

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

Branches: 6; Minimum ATM withdraw: $20; Non-customer ATM charge: $2.50; Refund ATM surcharges: Yes for ATMs within our network<\/p>\n

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

Highest savings account APY & terms: 0.25% $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: 5.49%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.398%<\/p>\n

Lowest residential mortgage APR & terms: 3.414%, 15-year<\/p>\n

Highest APY opportunity: 1.56%, $1,500 minimum deposit, 5-year CD<\/p>\n

Highest CD APY & terms: 1.56%, $1,500 minimum deposit, 5-year CD<\/p>\n

Best APY for 12-month IRA: .4%<\/p>\n

Breakout advantage: Their slogan is \u201cTreating customers like owners for over 140 years.\u201d<\/p>\n

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

Branches: 44; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes with Anchor and Student checking accounts<\/p>\n

Checking account fee: $0 with eChecking<\/p>\n

Highest savings account APY & terms: 0.10% APY, $5 minimum, must maintain at least $5 balance<\/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: 4.75%<\/p>\n

Lowest residential mortgage APR & terms: 15-year, 3.625%<\/p>\n

Highest APY opportunity: 10-years, 1.57%<\/p>\n

Highest CD APY & terms: 10 years, 1.57%<\/p>\n

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

Breakout advantage:\u00a0 \u201cWhat\u2019s special is our customer service. The people who work here, we do everything we can to help our customers.\u201d\u2013Kim Milton, Camden Square branch<\/p>\n

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

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

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

Highest savings account APY & terms: .15%, must open online, must receive eStatements<\/p>\n

Credit card APRs for A, B, C credit scores: 9.9%-17.99%<\/p>\n

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

Lowest 30-year fixed rate res. mortgage APR: 4.289%<\/p>\n

Lowest residential mortgage APR & terms: 3.098%, 10-year<\/p>\n

Highest APY opportunity: .75% Champion Checking $100,000 minimum with 1 electronic deposit per month<\/p>\n

Highest CD APY & terms: 1.25%, 60-month CD<\/p>\n

Best APY for 12-month IRA: .3% (premium)<\/p>\n

Breakout advantage: \u201cWe really are a nice community bank, and you really can have no-fee checking accounts at all levels.\u201d\u2013Luke Morrill, Depositor Customer Service Rep<\/p>\n

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

Branches: 16; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: $0 with Breakaway Free checking<\/p>\n

Highest savings account APY & terms: .10%, Breakaway Savings with $5,000 minimum<\/p>\n

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

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

Lowest 30-year fixed rate res. mortgage APR: 4.278%<\/p>\n

Lowest residential mortgage APR & terms: 10-year\u00a0 3.363%<\/p>\n

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

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

Best APY for 12-month IRA: .4%<\/p>\n

Breakout advantage:\u00a0 \u201cWe are local. We know our customers and are very involved in the community.\u201d \u2013Colleen Feeney, Kennebunk Customer Service<\/p>\n

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

Branches: 56; Minimum ATM withdraw: $20; Non-customer ATM charge: $4.50; Refund ATM surcharges: No<\/p>\n

Checking account fee: No for most accounts<\/p>\n

Highest savings account APY & terms: .02% for $2,500 minimum<\/p>\n

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

Best APR for 60-month auto loan: 4.88%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.450%<\/p>\n

Lowest residential mortgage APR & terms: 15-year, 3.619%<\/p>\n

Highest APY opportunity: 0.75% over $100,000, minimum 10 years<\/p>\n

Highest CD APY & terms: 0.75% over $100,000, minimum\u00a0 10 years<\/p>\n

Best APY for 12-month IRA: .2%<\/p>\n

Breakout advantage: \u201cWe have so many branches. And we focus on benefits and the ways we can save and earn you money based on the total relationship.\u201d\u2013Regina Booth, Customer Service Manager, Portland<\/p>\n

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

Branches: 22; Minimum ATM withdraw: $20; Non-customer ATM charge, $3; Refund ATM surcharges; Yes, up to $20 with Flexible Solutions checking, minimum $10,000<\/p>\n

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

Highest savings account APY & terms: 0.40%, $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: 3.139% for new car<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.519%<\/p>\n

Lowest residential mortgage APR & terms: 3.496% 15-year<\/p>\n

Highest APY opportunity: 1.11%, 5-year premium CD<\/p>\n

Highest CD APY & terms: 1.11%, 5-year premium CD<\/p>\n

Best APY for 12-month IRA: .25% (premium)<\/p>\n

Breakout advantage: \u201cOne of the ways we define the success of our bank is by our ability to give back to the community. Every year, Norway Savings Bank and its employees dedicate time and resources to nonprofits and organizations. We believe that when everyone is able to live a happy, healthy, and colorful life, we all prosper.\u201d Karen Hakala, Norway<\/p>\n

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

Branches: 28; Minimum ATM withdraw: $20; Non-customer ATM charge: $2.50; Refund ATM surcharges: Yes, with total balance of $7,500<\/p>\n

Checking account fee: $0 with $750 minimum<\/p>\n

Highest savings account APY & terms: .02% no min<\/p>\n

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

Best APR for 60-month auto loan: 8.49%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.119%<\/p>\n

Lowest residential mortgage APR & terms: 3.312%, 15-year<\/p>\n

Highest APY opportunity: same as CD<\/p>\n

Highest CD APY & terms: 5 years, 1.045%, $500 min.<\/p>\n

Best APY for 12-month IRA: .30%<\/p>\n

Breakout advantage: \u201cWe get to know our customers very well so our conversations are tailored to what each person needs.\u201d\u2013Carrie McCormick, Portland branch<\/p>\n

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

Branches: 6; Minimum ATM withdraw: $5; Non-customer ATM charge: $2-3 Refund ATM surcharges: N\/A<\/p>\n

Checking account fee: $0 for online checking<\/p>\n

Highest savings account APY & terms: .4% with $50,000 minimum or the Mainely Preferred account<\/p>\n

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

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

Lowest 30-year fixed rate res. mortgage APR: 4.386%<\/p>\n

Lowest residential mortgage APR & terms: 3.518%, 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: .40<\/p>\n

Breakout advantage: \u201cWe\u2019re the oldest mutual savings bank in Maine. We always answer our phones\u2013you\u2019ll never get an automated response. There\u2019s always someone here to help you.\u201d \u2013Katrina Desjardins, Operations Center<\/p>\n

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

Branches: 9; Minimum ATM withdraw: $20; Non-customer ATM charge: $3.50; Refund ATM surcharges: Yes<\/p>\n

Checking account fee: None<\/p>\n

Highest savings account APY & terms: .10% for balances $2,500 and over<\/p>\n

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

Best APR for 60-month auto loan: 4.25%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.245%<\/p>\n

Lowest residential mortgage APR & terms: 3.339%, 10 year fixed.<\/p>\n

Highest APY opportunity: 2.27%, 10-year CD (Silver Link III)<\/p>\n

Highest CD APY & terms: 2.27%, 10-year CD (Silver Link III)<\/p>\n

Best APY for 12-month IRA: .07% $5,000 and over<\/p>\n

Breakout advantage: \u201cWhen you call, you\u2019ll always\u00a0 get a person, never an automated service.\u201d \u2013Trudy Teele, Limerick branch. Their slogan is \u201cthe bank that listens.\u201d<\/p>\n

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

Branches: 55; Minimum ATM withdraw, $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes with some accounts and $2,500 balance<\/p>\n

Checking account fee: $0 with a daily balance of $100 (Convenience Checking), otherwise $15<\/p>\n

Highest savings account APY & terms: .4%, TD Relationship Savings, minimum daily balance of $250,000<\/p>\n

Credit card APRs for A, B, C credit scores: 9%-22%<\/p>\n

Best APR for 60-month auto loan: 4.13% (based on a $15,000 loan for a 2013\/2014 model)<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.538%<\/p>\n

Lowest residential mortgage APR & terms: 3.606%, 15-year (jumbo)<\/p>\n

Highest APY opportunity: 1.25%, 7-year CD<\/p>\n

Highest CD APY & terms: 1.25%, 7-year CD<\/p>\n

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

Breakout advantage: \u201cWe\u2019re very convenient because we have so many branches, some open on Saturday and Sunday.\u201d\u2013Jordan Bell, Portland Square branch<\/p>\n

CREDIT UNIONS<\/strong><\/p>\n

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

Branches: 4; Minimum ATM withdraw: $5; Non-customer ATM charge: $1.50; Refund ATM surcharges: 3 free per month<\/p>\n

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

Highest savings account APY & terms: 1.0%, Kasasa Saver on balances up to $5,000<\/p>\n

Credit card APRs for A, B, C credit scores: 10.9%, 11.9%, 12.9%<\/p>\n

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

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

Lowest residential mortgage APR & terms:
\n2.75%, 1-year lock, introductory variable w\/20% down<\/p>\n

Highest APY opportunity: Kasasa Cash checking, 3.0% on balances up to $10,000<\/p>\n

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

Best APY for 12-month IRA: .4%<\/p>\n

Breakout advantage:\u00a0 \u201c We have no service fees. We pay interest on checking accounts. We\u2019re easy to work with.\u201d\u2013Mary Ann Boucher, Fort Kent<\/p>\n

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

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

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

Highest savings account APY & terms: 1.0%, Kasasa Saver on balances up to $10,000<\/p>\n

Credit card APRs for A, B, C credit scores: 13.99-19.99%<\/p>\n

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

Lowest 30-year fixed rate res. mortgage APR: 4.446%<\/p>\n

Lowest residential mortgage APR & terms: 3.495%, 15-year, 0-point plan<\/p>\n

Highest APY opportunity: 2.5%, Kasasa Cash checking on balances up to $10,000<\/p>\n

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

Best APY for 12-month IRA: .4%<\/p>\n

Breakout advantage: \u201cWe\u2019re a non-profit, which means we have lower loan rates and lower fees and good rates on checking.\u201d \u2013Leanne Thompson, Brunswick branch<\/p>\n

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

Branches: 3; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, within network only<\/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: 7.9%-16.9%<\/p>\n

Best APR for 60-month auto loan: 3.49% on vehicles 2010 & newer<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.375%<\/p>\n

Lowest residential mortgage APR & terms: 3.75%, up to 75 months<\/p>\n

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

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

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

Breakout advantage: \u201cNo monthly service fees on your checking accounts.\u201d \u2013Carol Archer, Brewer branch<\/p>\n

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

Branches: 4; Minimum ATM withdraw: $10; Non-customer ATM charge: $2; Refund ATM surcharges: Yes, with College checking<\/p>\n

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

Highest savings account APY & terms: .4%, Money Market Plus on balances of $100,000 or more<\/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: N\/A; up to 15-year fixed<\/p>\n

Lowest residential mortgage APR & terms: 3.25%, variable, with first 3 years fixed<\/p>\n

Highest APY opportunity: 1.5%, 5-year classic annual CD<\/p>\n

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

Best APY for 12-month IRA: .20%<\/p>\n

Breakout advantage: \u201cOur investment in our members sets us apart. We like to connect with our members and help them in any way we can. You\u2019re a face, not a number.\u201d \u2013Brittany Ridge, Portland branch<\/p>\n

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

Branches: 5; Minimum ATM withdraw: $20; Non-customer ATM charge: $2; Refund ATM surcharges: Yes, within network<\/p>\n

Checking account fee: None for personal checking<\/p>\n

Highest savings account APY & terms: .85% on IRA savings with minimum balance of $75,000<\/p>\n

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

Best APR for 60-month auto loan: 2.3%-2.5%<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 3.5%<\/p>\n

Lowest residential mortgage APR & terms: 3.5%, <48 months, fixed<\/p>\n

Highest APY opportunity: 1.76%, 5-year CD with minimum of $75,000<\/p>\n

Highest CD APY & terms: 1.76%, 5-year CD with minimum deposit of $75,000<\/p>\n

Best APY for 12-month IRA: .60%, minimum $75,000<\/p>\n

Breakout advantage: \u201cOutstanding member service. VIP Member reward points. We know you by name.\u201d \u2013Melissa Webber, Falmouth branch<\/p>\n

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

Branches: 14; Minimum ATM withdraw: $20; Non-customer ATM charge: $3; Refund ATM surcharges: Yes, within network<\/p>\n

Highest savings account APY & terms: .15% minimum $100,000 balance<\/p>\n

Credit card APRs for A, B, C credit scores: 14.57%;\u00a0 16.75%; 18.75%<\/p>\n

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

Lowest 30-year fixed rate res. mortgage APR: 4.467%<\/p>\n

Lowest residential mortgage APR & terms: 3.4%, 10-year fixed<\/p>\n

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

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

Best APY for 12-month IRA: .35% minimum $1,000<\/p>\n

Breakout advantage:\u00a0 \u201cConvenience\u2013we have 14 branches in eight counties, some open until 8 p.m., Monday through Saturday.\u201d \u2013Matt McCollette, Bath branch.<\/p>\n

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

Branches: 2; Minimum ATM withdraw: $5; Non-customer ATM charge: $1; Refund ATM surcharges: Yes, within network<\/p>\n

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

Highest savings account APY & terms: .26%, minimum\u00a0 $75,000<\/p>\n

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

Best APR for 60-month auto loan: 3.49% on autos 2007 or newer<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.78%<\/p>\n

Lowest residential mortgage APR & terms: 3.7%, 10-year plan<\/p>\n

Highest APY opportunity: 1.75%, 5-year CD, minimum $500<\/p>\n

Highest CD APY & terms: 1.75%, 5-year CD, minimum $500<\/p>\n

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

Breakout advantage: \u201cHighest CD rates locally.\u201d \u2013Susan Greeley, Augusta branch<\/p>\n

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

Branches: 1; Minimum ATM withdraw: $5; Non-customer ATM charge:\u00a0 $1.50; Refund ATM surcharges: Yes, within network<\/p>\n

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

Highest savings account APY & terms: .25%, minimum $30,000<\/p>\n

Credit card APRs for A, B, C credit scores: 7.9%, 8.9%, 13.9%<\/p>\n

Best APR for 60-month auto loan: 2.99% on cars 2009 or newer<\/p>\n

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

Lowest residential mortgage APR & terms: 3.75%, maximum 15-year plan<\/p>\n

Highest APY opportunity: 1.75%, 5-year CD, minimum $500<\/p>\n

Highest CD APY & terms: 1.75%, 5-year CD, minimum $500<\/p>\n

Best APY for 12-month IRA: 2.0%<\/p>\n

Breakout advantage: \u201cWe listen to our members and try to give them what they want.\u201d \u2013Cris Kinney, Lincoln branch<\/p>\n

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

Branches: 2; Minimum ATM withdraw: $10; Non-customer ATM charge: $2; Refund ATM surcharges: 4 free foreign transactions per month, $1 each after that Checking account fee: Free for $300 minimum balance, $1 otherwise with basic checking<\/p>\n

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

Credit card APR: 13.9%<\/p>\n

Best APR for 60-month auto loan:\u00a0 3.5% on autos 2010 or newer<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.324%<\/p>\n

Lowest residential mortgage APR & terms: 3.498%, 15-year, sold on secondary market<\/p>\n

Highest APY opportunity: 1.51%, 5-year CD, minimum $1,000<\/p>\n

Highest CD APY & terms: 1.51%, 5-year CD, minimum $1,000<\/p>\n

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

Breakout advantage: Very few fees.<\/p>\n

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

Branches: 4; Minimum ATM withdraw: $10; Non-customer ATM charge: $1.50; Refund ATM surcharges: No; Checking account fee: $0 with 3 or more bills paid electronically per month, $5.95 otherwise<\/p>\n

Highest savings account APY & terms: .50%, Money Market Savings, minimum balance $250,000<\/p>\n

Credit card APRs for A & B credit scores: 9.9%, 14.98%,<\/p>\n

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

Lowest 30-year fixed rate res. mortgage APR: 4.61%<\/p>\n

Lowest residential mortgage APR & terms: 10-year, 3.99%<\/p>\n

Highest APY opportunity: 3.04%, 10-year CD, minimum $500<\/p>\n

Highest CD APY & terms: 1.91%, 5-year, minimum\u00a0 $75,000<\/p>\n

Best APY for 12-month IRA: .10%<\/p>\n

Breakout advantage: \u201cWe help all of our members as best we can. We only have a $5 minimum balance requirement in your savings account, which helps in times like these.\u201d \u2013Amanda Marshall, Wells branch<\/p>\n

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

Branches: 6; Minimum ATM withdraw: $1; Non-customer ATM charge: $2; Refund ATM surcharges: Up to $25 Checking account fee: None<\/p>\n

Highest savings account APY & terms: .15%<\/p>\n

Credit card APRs for A, B, C credit scores: 3.99%-17.99%<\/p>\n

Best APR for 60-month auto loan: 2.49%, to as 1.99% for new cars<\/p>\n

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

Lowest residential mortgage APR & terms: 3.5%, 10 year fixed<\/p>\n

Highest APY opportunity: 3.01% on balances up to $10,000 (Free Rewards Checking)<\/p>\n

Highest CD APY & terms: 5-year, 1.50%, minimum $500<\/p>\n

Best APY for 12-month IRA: .50%<\/p>\n

Breakout advantage: Membership is open to anyone who lives, works, or attends school in York or Cumberland County. \u201cWe\u2019re extremely community oriented.\u201d \u2013Mike Jackson, Portland call center<\/p>\n

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

Branches: 7; Minimum ATM withdraw: $1; Non-customer ATM charge: $2; Refund ATM surcharges: Up to $25 with qualifications met<\/p>\n

Checking account fee: None<\/p>\n

Highest savings account APY & terms: 0.76% up to $15,000<\/p>\n

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

Best APR for 60-month auto loan: 3.74% minimum\u00a0 $7,500<\/p>\n

Lowest 30-year fixed rate res. mortgage APR: 4.236%<\/p>\n

Lowest residential mortgage APR & terms: 3.260% 10-year fixed<\/p>\n

Highest APY opportunity: 1.20% minimum $250<\/p>\n

Highest CD APY & terms: 1.20% $250 minimum<\/p>\n

Best APY for 12-month IRA: 0.300% $250 minimum<\/p>\n

Breakout advantage: Serving the University of Maine System and other educational communities in Maine. \u201cOur Reward checking pays you 1.44% up to $10,000.\u201d \u2013Brenda Wickett, Orono call center.n<\/p>\n

In-person, telephone, and online research by Laura Breslin, Frances Killea, Gretchen Miller, and Christopher Protzman. All information is subject to change and is intended as a snapshot of the financial sector at press time.<\/p>\n","protected":false},"excerpt":{"rendered":"

December 2013
\nMaine banks and credit unions are anxious to win you as a depositor in 2014. Pull up a chaire and get to know them, up close and personal.<\/p>\n","protected":false},"author":1,"featured_media":9284,"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":[78],"class_list":["post-9236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","tag-december-2013"],"_links":{"self":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/9236","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=9236"}],"version-history":[{"count":10,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/9236\/revisions"}],"predecessor-version":[{"id":9291,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/posts\/9236\/revisions\/9291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/media\/9284"}],"wp:attachment":[{"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/media?parent=9236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/categories?post=9236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portlandmonthly.com\/portmag\/wp-json\/wp\/v2\/tags?post=9236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}