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CDs & IRAs Rates

Rates Effective as of 10/01/2014

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  .20%  .20% 
3 Month  $500.00  All Balances  .20%  .20% 
6 Month  $500.00  All Balances  .20%  .20% 
1 Year  $500.00  All Balances  .20%  .20% 
2 Year Investors Choice  $500.00  All Balances  .55%  .55% 
3 Year  $500.00  All Balances  .65%  .65% 
4 Year  $500.00  All Balances  1.00%  1.00% 
5 Year  $500.00  All Balances  1.34%  1.35% 
IRA 18 Month Variable CD  $25.00  All Balances  .05%  .05% 

 

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.

 

 

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