Town & Country Federal Credit Union Ups 12-Month CD To 3.04% APY


Deal Summary: 12-month Share Certificate Special, 3.04% APY, $500 minimum deposit

Availability: Residents of Cumberland and York Counties, Maine.

Town & Country Federal Credit Union (Town & Country) has raised the rate on its 12-month Share Certificate Special (SCS) to 3.04% APY. This week’s addition of 77 bps is the first rate increase since the 12-month (SCS) was introduced in early January. The minimum opening deposit is $500, with no stated balance cap.

The 12-month SCS is also available as an IRA (Traditional, Roth, and CESA), earning the same APY with the same funding requirements.

As stated in the Truth-in-Savings disclosure, the Early Withdrawal Penalty reads as follows:

If you withdraw any of the principal from this account before the maturity date, the principal amount withdrawn will be subject to a penalty for early withdrawal equal to either ninety (90) days of interest, whether earned or not.


Headquartered in South Portland, Maine, Town & Country Federal Credit Union’s field of membership (FOM) is residency based, with U.S. citizens and resident aliens who live, work, worship, or attend school in the Maine counties of Cumberland or York eligible to join.

Family members of a current Town & Country member or an individual who meets the above membership criteria also qualify for membership.

Joining Town & Country and/or opening a Share Certificate Special can be done online, or at any of six Maine branches located in Portland (2), Saco, Scarborough, and South Portland (2).

To become a member of the Credit Union, you must complete a Member Application and Signature Card and open a Savings Account. The basic deposit that you must always keep in your Regular Share Account is $25.00.

Town & Country is a member of the SURF ATM network (Maine’s largest surcharge-free ATM network) and the CO-OP Shared Branch network.

Enjoy easy access to over 5,700 compatible credit unions across the United States and use them as you would your normal branch.

Credit Union Overview

Town & Country Federal Credit Union has an overall health grade of "B" at, with a Texas Ratio of 11.87% (above average), based on December 31, 2018 data. In the past year, Town & Country has increased its total non-brokered deposits by $10.64 million, an excellent annual growth rate of 3.7%. Please refer to our financial overview of Town & Country Federal Credit Union (NCUA Charter # 8486) for more details.

Originally established in 1953 as the St. John’s Federal Credit Union, Town & Country Federal Credit Union is currently Maine’s fourth largest credit union, with more than 38,000 members and assets in excess of $385 million. The original FOM included parishioners of St. John’s Catholic Church in South Portland. The Credit Union had several “homes,” including the church basement and a neighborhood ice cream parlor, before the first permanent headquarters was built in 1976. Mergers with several other credit unions lead to an expansion of the FOM and in 1986, the Town & County rebrand occurred.

How the Share Certificate Special Compares

When compared to 287 similar length-of-term CDs tracked by that require a minimum deposit of $10k or less and are available within the FOM, Town & Country Federal Credit Union's 12-month Share Certificate Special APY currently ranks first.

The above rates are accurate as of 5/3/2019.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD Rates Table page.

Related Pages: Portland CD rates, 1-year CD rates


  |     |   Comment #3
I already have accounts with you.
So how do I do this deal?
I already get 3.4 % with strings attached to get that?
  |     |   Comment #6
You need to contact the credit union itself. They don't get these messages since this is an independent website. Their contact information is on the credit union's website.
  |     |   Comment #4
Huh comment removed.
Cuz I asked a question
  |     |   Comment #5
.this is great. How do I begin
  |     |   Comment #7
557 Main St
South Portland, ME 04106-5408

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