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Damariscotta Bank & Trust Company
Team working on color options for a new home.

Business Rates

 

Money Market Accounts
Account Type Interest Rate Annual Percentage Yield



$10,000 to $24,999.99 0.02% 0.02%
$25,000.00 to $49,999.99 0.02% 0.02%
$50,000.00 to $ 99,999.99 0.05% 0.05%
$100,000.00 and over 0.10% 0.10%
CD Rates
Term Minimum Opening Deposit Minimum Balance To Earn Annual Percentage Yield Interest Rate Annual Percentage Yeild
7-31 Day $500.00 All Balances .02% .02%
3 Month $500.00 All Balances .02% .02%
6 Month $500.00 All Balances .05% .05%
1 Year $500.00 All Balances .10% .10%
2 Year Investors Choice $500.00 All Balances .25% .25%
3 Year $500.00 All Balances .30% .30%
4 Year $500.00 All Balances .35% .35%
5 Year $500.00 All Balances
.40%
.40%
IRA 18 Month Variable CD $25.00 All Balances .18% .18%





Rates are effective as of 7/01/2020

Fees could reduce the earnings on the account. Please see a bank employee for disclosure of fees and terms.
All rates are subject to change without notice. A Penalty will be imposed for early withdrawal. No other rate bonuses can be used in conjunction with CD specials. All rates are subject to change without notice.