CDs & IRAs Rates
Rates Effective as of 3/01/2017
All certificates of deposit can be used for IRA accounts.
|Term||Minimum||Min. Balance to earn Annual Percentage Yield||Interest Rate||Annual Percentage Yield|
|7 to 31 Day||$500.00||All Balances||.10%||.10%|
|3 Month||$500.00||All Balances||.10%||.10%|
|6 Month||$500.00||All Balances||.10%||.10%|
|1 Year||$500.00||All Balances||.15%||.15%|
|2 Year Investors Choice||$500.00||All Balances||.50%||.50%|
|3 Year||$500.00||All Balances||.50%||.50%|
|4 Year||$500.00||All Balances||0.75%||0.75%|
|5 Year||$500.00||All Balances||1.24%||1.25%|
|IRA 18 Month Variable CD||$25.00||All Balances||.66%||.66%|
Fees could reduce the earnings on the account. Please see a bank employee for disclosures of fees and terms.
A penalty may be imposed for early withdrawal.
All rates are subject to change without notice. For current rates and CD's $100,000 and over, call 563-8121 or 1-800-639-8381 in Damariscotta, 677-2381 in New Harbor, 273-4030 in Warren, 338-0500 or 1-800-227-3053 in Belfast or 785-5935 in Union.