Banking Rates & News

Portland Metro Area

Including Portland, Augusta, Brunswick, South Portland, Lewiston, Waterville, Auburn, Scarborough, Saco, Biddeford, 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

ableBanking Pushes Up 1-Year CD APY
Deal Summary: 1-year CD (2.50% APY), 2-year CD (2.80% APY) $1k minimum deposit, $240k maximum deposit Availability: Nationwide (internet bank) It’s been about six months since I wrote about any
2.50% APY 1-Year CD & 2.80% APY 2-Year CD
CD Disclosure: $1,000 minimum deposit required. Early withdrawal penalties will apply. - Not Available as an IRA. - Limited to individual CD accounts with a principal balance of $240,000 or
Union Bank (VT and NH) Adds 3-Year CD
Deal Summary: 3-Year Step CD, 2.62% blended APY, $25k minimum deposit Availability: Market area includes Northern Vermont and Northwestern New Hampshire. Vermont-based Union Bank has added a 3-year Step CD
$400 Bonus On New Platinum Checking Accounts To qualify for the $400 bonus you must open your first new Platinum checking account between 3/30/2018 and 6/30/2018 and have at least 1 single direct deposit of $1,000
Meredith Village Savings Bank (NH) Ups 3-Year Step-Up CD APY
Deal Summary: 3-year Step-Up CD Special, $500 minimum deposit, checking relationship. Availability: Market area includes New Hampshire’s Lake Region and the Plymouth coastal area. Last week, Meredith Village Savings Bank
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