Skowhegan Savings

Overview / Commentary

www.skowhegan.com

207-474-9511

13 Elm Street
Skowhegan, ME 04976

Skowhegan Savings is headquartered in Skowhegan and is the 16^th largest bank in the state of Maine. It is also the 1,242^nd largest bank in the nation. It was established in 1869 and as of March of 2021, it had grown to 131 employees at 12 locations. Skowhegan Savings has 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 Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	19532
Year Established	1869
Employees	131
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.1%
Return on Equity - YTD	8.05%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$744.3MM$595.6MM
Loans	Q1 2021vs Q1 2020	$480.3MM$461.7MM
Deposits	Q1 2021vs Q1 2020	$629.2MM$478.8MM
Equity Capital	Q1 2021vs Q1 2020	$99.7MM$94.2MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$5.7MM$5.2MM
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$2.1MM$3.7MM
Real Estate Owned	Q1 2021vs Q1 2020	$108.00K$177.00K

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Skowhegan Savings; 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.

Skowhegan Savings Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$500	-	Health Savings Account

Skowhegan Savings Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$250k^*	-	Integrity Plus Money Market Account
OTHER TIERS: 0.04% → Up to $25k \| 0.10% → $25k - $100k \| 0.20% → $100k - $250k
0.20%^*	$100k^*	-	Integrity Money Market Account
OTHER TIERS: 0.03% → $2.5k - $25k \| 0.06% → $25k - $50k \| 0.08% → $50k - $100k

Skowhegan Savings CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$500	-	5 Year CD
0.35%	$500	-	3 Year CD
0.30%	$500	-	2 Year CD
0.25%	$1.5k	-	5 Month CD Special
0.20%	$500	-	1 Year CD
0.15%	$1.5k	-	6 Month CD
0.10%	$2k	-	91 Day CD

Skowhegan Savings IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$500	-	5 Year IRA CD
0.35%	$500	-	3 Year IRA CD
0.30%	$500	-	2 Year IRA CD
0.25%	$500	-	18 Month IRA Special

Locations

Availability

Bangor Area

Bangor Area bank & credit union details

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.