Kennebec Savings Bank

Overview / Commentary

www.kennebecsavings.bank

207-622-5801

150 State Street
Augusta, ME 04330

Kennebec Savings Bank is headquartered in Augusta and is the 10^th largest bank in the state of Maine. It is also the 740^th largest bank in the nation. It was established in 1870 and as of December of 2018, it had grown to 138 employees at 5 locations. Kennebec Savings Bank's money market rates are 5X the national average, and it boasts an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q4 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	17897
Year Established	1870
Employees	138
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.01%
Return on Equity - YTD	7.74%
Annual Interest Income	$40.6MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$1.07B$952.5MM
Loans	Q4 2018vs Q4 2017	$880.4MM$775.0MM
Deposits	Q4 2018vs Q4 2017	$746.9MM$640.5MM
Equity Capital	Q4 2018vs Q4 2017	$134.8MM$128.6MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$5.2MM$4.6MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$3.3MM$3.1MM
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
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
1.21%^*	$500k^*	-	Premier Savings
OTHER TIERS: 0.05% → $2.5k - $20k \| 0.50% → $20k - $100k \| 1.01% → $100k - $250k \| 1.11% → $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

APY	MIN	MAX	ACCOUNT NAME
2.07%	$20k	-	Maine Money Market
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

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	$500k^*	-	Premier Checking ll
OTHER TIERS: 0.05% → $7.5k - $50k \| 0.10% → $50k - $100k \| 0.50% → $100k - $250k \| 0.75% → $250k - $500k
0.05%	$750	-	Premier Checking l

Kennebec Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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 Branch	1 Northern Avenue	Farmingdale, ME 04344
Kennebec Savings Bank	150 State Street	Augusta, ME 04330
Waterville Branch	226 Main Street	Waterville, ME 04901
Winthrop Branch	84 Main Street	Winthrop, ME 04364
Granite Hill Estates Branch	Granite Hill Estates, 60 Balsam Drive	Hallowell, ME 04347

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.