Banking Rates & News

Portland Metro Area

Including Portland, Augusta, Brunswick, Lewiston, South Portland, Auburn, Waterville, Scarborough, Saco, Westbrook, and 95 other towns.

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Banking in the Portland Area

Portland is the largest city in Maine and a key city in the northeast. Situated in southern Maine on the Atlantic Ocean about 115 miles from Boston, Portland has Maine's largest port. The wider Portland region encompasses many of the cities and towns in southern Maine, including Augusta, Lewiston, South Portland, Auburn, Brunswick, Waterville, Scarborough, Saco, and Falmouth. Overall, the greater Portland metro area has about half a million people.

Portland is a major banking center, and many large national banks have regional headquarters in the city. Notable banks headquartered in Portland and the surrounding area are TD Bank, N.A., TD Bank USA, N.A., The Camden National Bank, The First, N.A., and Norway Savings Bank. They are among the nearly 30 banks and 40 credit unions that are based in the Portland area. The oldest active bank in the region is Saco & Biddeford Savings Institution, which was established in 1827. Altogether, there are more than 45 banks and 50 credit unions with a total of about 560 branches operating in the greater Portland region.

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Local Deals & News

Service CU Unveils 11-Month Certificate Special (1.50% APY)
Deal Summary: 11-month Certificate Special, 1.50% APY, $1k minimum deposit. Availability: Easy membership requirement for family members of individuals who are serving, or have ever served, in any branch of
Camden National Bank (ME/NH) Has Up To $300 In Checking Bonuses
Deal Summary: $100, $200, or $300 bonus when opening a new Simple Promise, Promise Rewards, and Promise Premier Checking account, respectively. Availability: Residents of Maine and New Hampshire. Now through
ableBanking Raises Money Market Savings Account Rate to 1.30% APY
Deal Summary : Money Market Savings Account, 1.30% APY on all balances, $250 minimum opening deposit requirement. Availability: Nationwide (internet bank) ableBanking increased the rate today of its Money Market
Money Market Now At 1.3% APY
Nice jump from previous rate of 1.0% APY.
1-Year CD 1.40% APY
ableBank has a 1-Year CD earning 1.40% APY with a $1,000 minimum deposit. Available nationwide. https://www.ablebanking.com/saving.aspx
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