Gorham Savings Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.20%	Reward Checking	Make Cents Checking 1.76% - National Average
1.15%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD
0.40%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD

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Overview / Commentary

www.gorhamsavingsbank.com

207-839-4450

64 Main Street
Gorham, ME 04038

Gorham Savings Bank is headquartered in Gorham and is the 8^th largest bank in the state of Maine. It is also the 726^th largest bank in the nation. It was established in 1868 and as of June of 2016, it had grown to 185 employees at 13 locations. Gorham Savings Bank has an A health rating.

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Health

A

Data as of Q2 2016

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Health Grade Components

Overall
FDIC Certificate #	17748
Year Established	1868
Employees	185
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.69%
Return on Equity - YTD	7.31%
Annual Interest Income	$17.8MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$1.01B$994.1MM
Loans	Q2 2016vs Q2 2015	$776.4MM$749.9MM
Deposits	Q2 2016vs Q2 2015	$793.1MM$762.8MM
Equity Capital	Q2 2016vs Q2 2015	$97.5MM$88.7MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$7.2MM$6.7MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$8.1MM$9.8MM
Real Estate Owned	Q2 2016vs Q2 2015	$247.00K$271.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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

Gorham Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$75k^*	-	Grow&Go Savings
OTHER TIERS: 0.05% → $25 - $10k \| 0.10% → $10k - $50k \| 0.15% → $50k - $75k
0.25%	$25	-	Health Savings Account (HSA Checking)
0.15%	$25	-	Online Savings
0.10%	$25	-	Statement Savings

Gorham Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$1k	-	Indexed Business Money Market
0.15%^*	$50k^*	-	Tiered Business Money Market
OTHER TIERS: 0.01% → $25 - $5k \| 0.05% → $5k - $10k \| 0.10% → $10k - $50k

Gorham Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$25	-	Business IOLTA Checking
1.00%	$25	-	Business RAHF Checking
0.75%^*	$100k^*	$500k	Champion Checking
OTHER TIERS: 0.05% → $25 - $10k \| 0.20% → $10k+ \| 0.40% → $50k - $100k
0.20%^*	$1m^*	-	Business Rate Checking
OTHER TIERS: 0.05% → $25 - $250k \| 0.10% → $250k - $500k \| 0.15% → $500k - $1mm
0.20%^*	$10k^*	-	Make Cents Checking
OTHER TIERS: 0.10% → $25 - $10k

Gorham Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.15%	$500	-	60 Month CD
0.75%	$500	-	36 Month CD
0.75%	$500	-	48 Month CD
0.60%	$500	-	24 Month CD
0.45%	$500	-	18 Month CD
0.40%	$500	-	12 Month CD
0.20%	$500	-	6 Month CD
0.20%^*	$75k^*	-	18 Month Hassle Free-Tiered CD
OTHER TIERS: 0.05% → $500 - $25k \| 0.10% → $25k - $75k
0.15%	$500	-	91 Day CD

Gorham Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.15%	$500	-	60 Month IRA
0.75%	$500	-	36 Month IRA
0.75%	$500	-	48 Month IRA
0.60%	$500	-	24 Month IRA
0.45%	$500	-	18 Month IRA
0.40%	$500	-	12 Month IRA
0.20%	$500	-	6 Month IRA

Locations

Gorham Savings Bank has 11 locations. Click to view all Gorham Savings Bank locations.