Advertising Disclosure
  1. Home
  2. Banks
  3. Skowhegan Savings

Skowhegan Savings


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% 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
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.skowhegan.com
207-474-9511
13 Elm Street
Skowhegan, ME 04976

Skowhegan Savings is headquartered in SKOWHEGAN and is the 16th largest bank in the state of Maine. It is also the 1,198th largest bank in the nation. It was established in 1869 and as of December of 2024, it had grown to 139 employees at 13 locations. Skowhegan Savings' money market rates are 5X the national average, and it has an A health rating.

Reviews

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



Health
A

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #19532
Year Established1869
Employees139
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD7.18%
Annual Interest Income$39.2MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$841.5MM$876.7MM
LoansQ4 2024vs Q4 2023$604.6MM$579.6MM
DepositsQ4 2024vs Q4 2023$726.1MM$727.9MM
Equity CapitalQ4 2024vs Q4 2023$102.3MM$96.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$6MM$5.9MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$1.7MM$1.1MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% 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
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/20/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
Skip to rates for:
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$1-Club Account
0.05%$500-Health Savings Account
0.04%$25-Integrity Savings

Skowhegan Savings Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.33%*$1m*-Integrity Plus Money Market Account
OTHER TIERS: 0.25% → $0 - $25k | 1.01% → $25k - $100k | 1.26% → $100k - $250k | 1.41% → $250k+ | 1.66% → $500k - $1m
0.55%*$100k*-Integrity Money Market Account
OTHER TIERS: 0.03% → $2.5k - $25k | 0.15% → $25k - $50k | 0.25% → $50k - $100k

Skowhegan Savings Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.04%*$10k*-Integrity Plus Checking
OTHER TIERS: 0.02% → $50 - $10k

Skowhegan Savings CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$1.5k-5 Month CD Special
3.50%$1k-7 Month CD Special
3.50%$500-13 Month CD Special
0.50%$500-5 Year CD
0.35%$500-3 Year CD
0.30%$500-2 Year CD
0.20%$500-1 Year CD
0.15%$1.5k-6 Month CD
0.10%$2k-91 Day CD

Skowhegan Savings IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$1k-7 Month IRA Special
0.50%$500-5 Year IRA CD
0.35%$500-3 Year IRA CD
0.30%$500-2 Year IRA CD
0.10%$500-30 Day IRA
Locations

Availability



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.