Kennebec Federal Savings is headquartered in Waterville and is the 24th largest bank in the state of Maine. It is also the 4,219th largest bank in the nation. It was established in 1936 and as of December of 2020, it had grown to 22 employees at 2 locations. Kennebec Federal Savings has an A health rating.
Overall | |
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FDIC Certificate # | 29661 |
Year Established | 1936 |
Employees | 22 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.53% |
Return on Equity - YTD | 5.65% |
Annual Interest Income | $3.9MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $86.6MM$96.0MM |
Loans | Q4 2020vs Q4 2019 | $74.5MM$85.4MM |
Deposits | Q4 2020vs Q4 2019 | $69.4MM$69.8MM |
Equity Capital | Q4 2020vs Q4 2019 | $9.1MM$8.5MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $521.00K$534.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $407.00K$784.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $50k* | $250k | Super Money Market | ||
OTHER TIERS: 0.32% → $250k+ | |||||
0.25%* | $50k* | - | Money Market | ||
OTHER TIERS: 0.10% → $2.5k - $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
5.00%* | - | $500 | Feel Good Checking | ||
OTHER TIERS: 0.15% → $500+ | |||||
0.75%* | - | $10k | Business Rewards Checking | ||
OTHER TIERS: 0.25% → $10k+ | |||||
0.25% | - | - | Rewards Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.60% | $500 | $250k | 48 Month IRA | |
0.50% | $500 | $250k | 36 Month IRA | |
0.45% | $500 | $250k | 30 Month IRA | |
0.40% | $500 | $250k | 24 Month IRA | |
0.30% | $500 | $250k | 12 Month IRA |
Kennebec Federal Savings Locations | ||
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Waterville Branch | 11 Washington Street | Waterville, ME 04901 |
Kennebec Federal Savings and Loan Association Of W | 70 Main Street | Waterville, ME 04901 |