Featured Savings Rates
Featured Accounts

Androscoggin Savings Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.85%5-year CD5 Year CD
0.25%1-year CD1 Year CD
0.01%SavingsBlueWave Savings

Overview / Commentary
800-966-9172
30 Lisbon Street
Lewiston, ME 04240

Androscoggin Savings Bank is headquartered in Lewiston and is the 11th largest bank in the state of Maine. It is also the 831st largest bank in the nation. It was established in 1870 and as of June of 2016, it had grown to 154 employees at 12 locations. Androscoggin Savings Bank has an A health rating.

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Reviews (3)

Check The Actual Rates

Posted by: Boinien37 | Oct 20, 2014

Be careful their 5 year CD rate is not as it seems. Fifth year is 3.00 %. First year is 0.85 %.I was very interested in opening a CD. I started to complete the application when I found out that the rate posted was not the actual rate.

HACKED AGAIN!

I would not recommend this bank to ANYONE. While their staff is very nice, I've had an account with them for many years and unfortunately, my identity and security has been breached more times than I can count on one hand. I understand the breaches on large organizations such as Hannaford and TJMaxx, where they were out of the banks control. But most recently, my account information and all my money has been stolen by someone outside of the country. The last time, someone is Florida was running around with my information.

The first few times this happened they reassured me that this couldn't happen again, but now I am at wits end. Once I receive my money back, which could take up to 2 months, making it so all my bills bounce, charging ME fees and other things because their systems are NOT secure, I will be taking my money to a credit union. They will not be reimbursing me for the fees I have to pay because of their insecure systems. One of their representatives had remarked that this might be safer. This is very sad.

On top of this, I learned about this in a LETTER via regular USPS mail. Don't you think this requires a emergency phone call? Every penny I own was stolen and I physically cannot use my debit card, and they thought a letter was sufficient? This seems like poor business practices. 

Unfortunately, because I have a personal loan through Androscoggin, I have to keep a account with them, but it will be limited. 

In a time where NO bank seems good, it's almost worth paying BOA the $5 to ensure my money is in fact THERE. 

I cannot express my discontent with this bank, and while the bank representatives are sympathetic. They are not able to do anything for during the holiday season. Merry Christmas to me, as they admit that this has become an increasing problem for them.

Very sad. My recommendation if you are looking for a bank in Maine -- go for a credit union!

Very Pricey

Posted by: bri5737 | Jul 4, 2012

Their overdraft fee is $30 where a lot of other banks charge a lot less. Even if you go over what you have with pennies you will be charged the $30. You always have to have $100 in savings or you will be charged every month. The bank now charges $5 a month if you do not meet certain standards. Pretty much if you do not want a bank to charge money for everything, steer clear of Androscoggin Bank.



Health
A

Health Grade Components

Overall
FDIC Certificate #17751
Year Established1870
Employees154
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD5.66%
Annual Interest Income$16.2MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$881.0MM$839.9MM
LoansQ2 2016vs Q2 2015$714.3MM$682.6MM
DepositsQ2 2016vs Q2 2015$694.4MM$662.4MM
Equity CapitalQ2 2016vs Q2 2015$99.8MM$93.5MM
Loan Loss AllowanceQ2 2016vs Q2 2015$7.8MM$7.6MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$4.5MM$8.2MM
Real Estate OwnedQ2 2016vs Q2 2015$7.1MM$2.4MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Androscoggin Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Androscoggin Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Health Savings Account
0.07%*$100k*-Business Partners Savings
OTHER TIERS: 0.01% Up to $25k | 0.05% $25k - $100k
0.07%*$100k*-BlueWave Savings+
OTHER TIERS: 0.02% Up to $25k | 0.05% $25k - $100k
0.05%--Club Account
0.01%--IRA Saver Account
0.01%--BlueWave Savings

Androscoggin Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Personal Money Market Account
OTHER TIERS: 0.01% Up to $5k | 0.05% $5k - $25k | 0.10% $25k - $50k | 0.15% $50k - $75k | 0.20% $75k - $100k
0.30%*$100k*-Business Money Market Account
OTHER TIERS: 0.01% Up to $5k | 0.05% $5k - $25k | 0.10% $25k - $50k | 0.15% $50k - $75k | 0.20% $75k - $100k

Androscoggin Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Community NOW Checking
0.03%*$25k*-BlueWave Interest Checking
OTHER TIERS: 0.01% Up to $25k

Androscoggin Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%$500-5 Year CD
0.75%$10k-19 Month Relationship CD Special
0.65%$500-4 Year CD
0.50%$500-3 Year CD
0.35%$500-2 Year CD
0.30%$500-18 Month Fixed Rate CD
0.25%$500-1 Year CD
0.20%$500-6 Month CD

Androscoggin Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%$500-5 Year IRA
0.75%$10k-19 Month Relationship IRA Special
0.68%$500-18 Month Variable Rate IRA
0.65%$500-4 Year IRA
0.50%$500-3 Year IRA
0.35%$500-2 Year IRA
0.30%$500-18 Month Fixed Rate IRA
0.25%$500-1 Year IRA
0.20%$500-6 Month IRA
Locations

Androscoggin Savings Bank has 12 locations. Click to view all Androscoggin Savings Bank locations.