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CDs & IRAs Rates

Rates Effective as of 06/01/2016

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 .20% .20%
1 Year $500.00 All Balances .20% .20%
2 Year Investors Choice $500.00 All Balances .50% .50%
3 Year $500.00 All Balances .60% .60%
4 Year $500.00 All Balances 0.90% 0.90%
5 Year $500.00 All Balances 1.34% 1.35%
IRA 18 Month Variable CD $25.00 All Balances .44% .44%

 

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.