Kennebec Savings Bank

TODAY'S FEATURED RATES

Member FDIC

4.50%

Our Rating

3.5 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.6 / 5

SoFi Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 4.00% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.75%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Overview / Commentary

www.kennebecsavings.bank

207-622-5801

150 State Street
Augusta, ME 04332

Kennebec Savings Bank is headquartered in AUGUSTA and is the 9^th largest bank in the state of Maine. It is also the 665^th largest bank in the nation. It was established in 1870 and as of September of 2024, it had grown to 198 employees at 8 locations. Kennebec Savings Bank's money market rates are 7X the national average, and it has an A health rating.

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Health

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	17897
Year Established	1870
Employees	198
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.83%
Return on Equity - YTD	6.72%
Annual Interest Income	$59.1MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$1.74B$1.67B
Loans	Q3 2024vs Q3 2023	$1.43B$1.42B
Deposits	Q3 2024vs Q3 2023	$1.32B$1.32B
Equity Capital	Q3 2024vs Q3 2023	$219.7MM$196.8MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$8.8MM$8.8MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$4.8MM$2.8MM
Real Estate Owned	Q3 2024vs Q3 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.50%

Our Rating

3.5 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.6 / 5

SoFi Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.75%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

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.

Kennebec Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%^*	$20k^*	-	HSA Savings
OTHER TIERS: 0.05% → $0 - $2.5k \| 0.10% → $2.5k - $20k
0.45%^*	$500k^*	-	Premier Savings
OTHER TIERS: 0.10% → $2.5k - $20k \| 0.15% → $20k - $100k \| 0.25% → $100k - $250k \| 0.35% → $250k - $500k
0.35%^*	$250k^*	-	Premier IRA Savings
OTHER TIERS: 0.05% → $0 - $2.5k \| 0.15% → $2.5k - $50k \| 0.20% → $50k - $100k \| 0.25% → $100k - $250k
0.20%^*	$20k^*	-	Statement Savings
OTHER TIERS: 0.05% → $0 - $2.5k \| 0.10% → $2.5k - $20k
0.20%	$0	-	Kids Club Savings
0.02%	$750	-	HSA Checking

Kennebec Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.05%^*	$1m^*	-	Premier Money Market
OTHER TIERS: 0.70% → $20k - $100k \| 0.90% → $100k - $250k \| 1.25% → $250k - $500k \| 1.60% → $500k - $1m

Kennebec Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$250k^*	-	Premier Checking ll
OTHER TIERS: 0.05% → $7.5k - $50k \| 0.10% → $50k - $100k \| 0.15% → $100k - $250k
0.02%	$750	-	Premier Checking l

Kennebec Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.05%	$500	-	1 Year CD
3.00%	$500	-	6 Month CD
2.50%	$500	-	2 Year CD
1.01%	$500	-	5 Year CD
0.95%	$500	-	4 Year CD
0.90%	$500	-	3 Year CD
0.25%	$1	-	1 Year Club Account
0.20%	$1	-	6 Month Club Account

Kennebec Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.05%	$500	-	1 Year IRA
2.50%	$500	-	2 Year IRA
1.01%	$500	-	5 Year IRA
0.95%	$500	-	4 Year IRA
0.90%	$500	-	3 Year IRA

Locations

Kennebec Savings Bank Locations
Farmingdale Branch	1 Northern Avenue	Farmingdale, ME 04344
Kennebec Savings Bank	150 State St	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
Freeport Branch Office	181 Lower Main Street	Freeport, ME 04032
Kennebec Federal Savings And Loan Br	11 Washington Street	Waterville, ME 04901

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