Kennebec Federal Savings

Overview / Commentary
70 Main Street
Waterville, ME 04901

Kennebec Federal Savings is headquartered in Waterville and is the 24th largest bank in the state of Maine. It is also the 4,077th largest bank in the nation. It was established in 1936 and as of September of 2019, it had grown to 21 employees at 2 locations. Kennebec Federal Savings' money market rates are 6X the national average, and it has a B health rating.

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Kennebec Federal Savings has a relatively low asset base.

Health Grade Components

FDIC Certificate #29661
Year Established1936
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD4.75%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$98.3MM$95.8MM
LoansQ3 2019vs Q3 2018$87.5MM$85.7MM
DepositsQ3 2019vs Q3 2018$69.7MM$69.4MM
Equity CapitalQ3 2019vs Q3 2018$8.4MM$8.0MM
Loan Loss AllowanceQ3 2019vs Q3 2018$513.00K$490.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$342.00K$126.00K
Real Estate OwnedQ3 2019vs Q3 2018$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Kennebec Federal Savings Savings Account Rates

2.02%*-$5kKFS Christmas Club
OTHER TIERS: 0.15% $5k+
0.10%$25-KFS Regular Savings

Kennebec Federal Savings Money Market Rates

2.50%*$150k*$250kSuper Money Market
OTHER TIERS: 0.10% $250k+ | 2.01% $100k - $150k
0.30%*$50k*-Money Market
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k

Kennebec Federal Savings Checking Account Rates

5.00%*-$500Feel Good Checking
OTHER TIERS: 0.15% $500+
3.04%*-$10kBusiness Rewards Checking
OTHER TIERS: 0.25% $10k+
1.01%*-$35kFeel Free Rewards
OTHER TIERS: 0.25% $35k+

Kennebec Federal Savings CD Rates

2.11%$500$250k7 Month CD Special - New Money
2.01%$500$250k3 Month CD Special - New Money
1.66%$500$250k9 Month CD Special - New Money
1.61%$500$250k13 Month CD Special - New Money
1.56%$500$250k18 Month CD Special - New Money
1.51%$500$250k21 Month CD Special - New Money
1.21%*$75k*-4 Year CD
OTHER TIERS: 0.75% $500 - $10k | 0.95% $10k - $75k
1.16%*$75k*-3 Year CD
OTHER TIERS: 0.70% $500 - $10k | 0.90% $10k - $75k
1.11%*$75k*-2 1/2 Year CD
OTHER TIERS: 0.60% $500 - $10k | 0.80% $10k - $75k
1.06%*$75k*-2 Year CD
OTHER TIERS: 0.55% $500 - $10k | 0.75% $10k - $75k
1.01%*$75k*-1 1/2 Year CD
OTHER TIERS: 0.50% $500 - $10k | 0.70% $10k - $75k
0.95%*$75k*-2 Year One-Up CD
OTHER TIERS: 0.45% $500 - $10k | 0.65% $10k - $75k
0.90%*$75k*-15 Month One-Up CD
OTHER TIERS: 0.40% $500 - $10k | 0.60% $10k - $75k
0.60%*$75k*-1 Year Easy Saver CD
OTHER TIERS: 0.40% $500 - $10k | 0.50% $10k - $75k
0.45%*$75k*-6 Month Easy Saver CD
OTHER TIERS: 0.25% $500 - $10k | 0.35% $10k - $75k

Kennebec Federal Savings IRA Rates

2.01%$500-1 Year IRA Special - New Money
1.76%$500$10k2 Year IRA
1.51%$500$10k2 1/2 Year IRA
1.51%$500$10k3 Year IRA
1.51%$500$10k4 Year IRA
1.01%$500$250k1 Year IRA

Kennebec Federal Savings Locations
Waterville Branch11 Washington StreetWaterville, ME 04901
Kennebec Federal Savings and Loan Association Of W70 Main StreetWaterville, ME 04901

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