Banking Rates & News

Portland Metro Area

Including Portland, Augusta, Brunswick, South Portland, Lewiston, Auburn, Waterville, Saco, Scarborough, Falmouth, and 93 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

Northeast Credit Union (NH) 48-Month CD Leaps To 3.82% APY
Deal Summary: 48-month Share Certificate, 3.82% APY, $500 minimum deposit, additional deposits (up to initial investment), one bump-up option. Availability: Residents of New Hampshire and southern York County, Maine; 75+
Service Credit Union Ups 15-Month CD Special
Deal Summary: Share Certificate Specials – 9-month (2.50% APY) and 15-month (2.75% APY), $1k minimum deposit. Availability: Easy membership requirement for family members of individuals who are serving, or have
Northeast Credit Union (NH/ME) Adds 33-Month CD
Deal Summary: Special Share Certificates – 33-month, 3.33% APY, $3k minimum deposit. 35-month, 3.50% APY, $1k minimum deposit, $1k of new money, additional deposits (up to initial investment), checking relationship
3.02% APY 8-Month CD Special (Berlin, VT Branch Only - LOCAL ONLY)
Moderator's Note: I was informed by a bank official that this special is ONLY available for those who live near the Berlin, VT branch. Also, this is a limited time
Able Bumps Up Money Market To 1.85% APY
Personal Money Market Annual Percentage Yield 1.85% APY $250 minimum deposit to open Up to 6 withdrawals are permitted per month.
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