Kennebec Savings Bank


Overview / Commentary
207-622-5801
150 State Street
Augusta, ME 04330

Kennebec Savings Bank is headquartered in Augusta and is the 10th largest bank in the state of Maine. It is also the 724th largest bank in the nation. It was established in 1870 and as of June of 2019, it had grown to 137 employees at 5 locations. Kennebec Savings Bank's money market rates are 3X the national average, and it boasts an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #17897
Year Established1870
Employees137
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD7.84%
Annual Interest Income$22.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.10B$1.02B
LoansQ2 2019vs Q2 2018$920.8MM$830.9MM
DepositsQ2 2019vs Q2 2018$776.6MM$686.2MM
Equity CapitalQ2 2019vs Q2 2018$146.7MM$131.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$5.5MM$4.8MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$4.5MM$3.3MM
Real Estate OwnedQ2 2019vs Q2 2018$0$69.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Kennebec 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.

Kennebec Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.31%*$250k*-IRA Savings
OTHER TIERS: 0.25% Up to $2.5k | 0.50% $2.5k - $50k | 1.01% $50k - $100k | 1.11% $100k - $250k
1.11%*$500k*-Premier Savings
OTHER TIERS: 0.05% $2.5k - $20k | 0.40% $20k - $100k | 0.90% $100k - $250k | 1.01% $250k - $500k
0.15%--Kids Club Savings
0.10%*$20k*-Statement Savings
OTHER TIERS: 0.05% Up to $20k
0.10%*$20k*-HSA Savings
OTHER TIERS: 0.05% Up to $20k
0.05%$750-HSA Checking

Kennebec Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$500k*-Premier Money Market
OTHER TIERS: 0.05% Up to $20k | 0.75% $20k - $100k | 1.11% $100k - $250k | 1.21% $250k - $500k

Kennebec Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$500k*-Premier Checking ll
OTHER TIERS: 0.05% $7.5k - $50k | 0.10% $50k - $100k | 0.40% $100k - $250k | 0.65% $250k - $500k
0.05%$750-Premier Checking l

Kennebec Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.82%$500-5 Year CD
1.41%$500-4 Year CD
1.21%$500-3 Year CD
1.01%$500-2 Year CD
0.80%$500-1 Year CD
0.60%$500-6 Month CD
0.20%--1 Year Club Account
0.15%--6 Month Club Account

Kennebec Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.82%$500-5 Year IRA
1.41%$500-4 Year IRA
1.21%$500-3 Year IRA
1.01%$500-2 Year IRA
0.80%$500-1 Year IRA
Locations


Kennebec Savings Bank Locations
Farmingdale Branch1 Northern AvenueFarmingdale, ME 04344
Kennebec Savings Bank150 State StreetAugusta, ME 04330
Waterville Branch226 Main StreetWaterville, ME 04901
Winthrop Branch84 Main StreetWinthrop, ME 04364
Granite Hill Estates BranchGranite Hill Estates, 60 Balsam DriveHallowell, ME 04347
Freeport Branch Office181 Lower Main StreetFreeport, ME 04032

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