Savings Accounts
| Account | Minimum to Open | Minimum to Earn Dividends | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|---|
| Prime Share Savings | $5 | $25 | 0.05% | 0.05% |
| Club Accounts | $0 | $0 | 0.05% | 0.05% |
| Monty Moose Club | $0 | $0 | 0.05% | 0.05% |
| Health Savings Account | $0 | $0 | 0.05% | 0.05% |
APY = Annual Percentage Yield. Rates are subject to change without notice. Contact Bangor Federal to request further information concerning the fees and terms applicable to the advertised accounts.
Checking Accounts
| Account | Minimum to Open | Dividend Rate |
|---|---|---|
| Share Draft | $0 | N/A |
| Free4Me Checking | $0 | N/A |
| Teen Checking | $0 | N/A |
| Premium Checking | $0 |
4.00% APY* ($0 - $20,000)
4.00% - 0.83% APY ($20,000 +)
0.05% (if qualifications not met)*
|
| Plus Checking | $0 |
N/A
(4.00% cash back rewards on debit card purchases - up to $12 per month)*
(No cash back rewards if qualifications not met)
|
*APY = Annual Percentage Yield
Money Market Account
| Balance | Minimum to Open | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| $2,000 - $20,000.00 | $2,000 | 2.25% | 2.27% |
| $20,000.01 - $75,000 | $2,000 | 2.50% | 2.53% |
| $75,000.01+ | $2,000 | 2.75% | 2.79% |
APY = Annual Percentage Yield. Dividend rate is paid based on the aggregate balance method
IRA Savings
| Balance | Minimum to Open | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| $25 - $20,000 | $25 | 2.25% | 2.27% |
| $20,00.01- - $75,000 | $25 | 2.50% | 2.53% |
| $75,000.01+ | $25 | 2.75% | 2.79% |
APY = Annual Percentage Yield. Dividend rate is paid based on the aggregate balance method
Share, IRA, & Coverdell Certificates
| Term | Minimum to Open | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| 6 months (not available for IRA or Coverdell) | $500 | 3.75% | 3.81% |
| 1 year | $500 | 4.00% | 4.07% |
| 18 months (not available for IRA or Coverdell) | $500 | 5.00% | 5.12% |
| 2 years | $500 | 4.25% | 4.33% |
| 3 years | $500 | 4.25% | 4.33% |
| 4 years | $500 | 4.00% | 4.07% |
| 5 years | $500 | 4.00% | 4.07% |
APY = Annual Percentage Yield. Dividend rates for Certificates, IRA, and Coverdell Certificates are guaranteed from time to purchase to maturity. A penalty will be imposed if funds are withdrawn prior to maturity an all Certificates, IRA, and Coverdell Certificates. Fees could reduce the earnings on the account. view Account Limitations below for more information on penalties pertaining to early withdrawal of certificates.
Jumbo Share, IRA, & Coverdell Certificates
| Term | Minimum to Open | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| 6 months (not available for IRA or Coverdell) | $100,000 | 3.90% | 3.97% |
| 1 year | $100,000 | 4.15% | 4.23% |
| 18 months (not available for IRA or Coverdell) | $100,000 | 5.15% | 5.27% |
| 2 years | $100,000 | 4.40% | 4.49% |
| 3 years | $100,000 | 4.40% | 4.49% |
| 4 years | $100,000 | 4.15% | 4.23% |
| 5 years | $100,000 | 4.15% | 4.23% |
APY = Annual Percentage Yield. Dividend rates for Certificates, IRA, and Coverdell Certificates are guaranteed from time of purchase to maturity. A penalty will be imposed if funds are withdrawn prior to maturity on all Certificates, IRA, and Coverdell Certificates. Fees could reduce the earnings on the account. View Account Limitations below for more information on penalties pertaining to early withdrawal of certificates.
Super Saver
| Term | Minimum to Open | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| 1 Year (not available for IRA or Coverdell) | $50 | 3.00% | 3.04% |
APY = Annual Percentage Yield. Dividend rates for Certificates, IRA, and Coverdell Certificates are guaranteed from time of purchase to maturity. A penalty will be imposed if funds are withdrawn prior to maturity on all Certificates, IRA, and Coverdell Certificates. Fees could reduce the earnings on the account. View Account Limitations below for more information on penalties pertaining to early withdrawal of certificates.
Checking Accounts
No fees, no minimum balances, and a free debit card. With several options to choose from, you can have the checking account that best suits your lifestyle.
