Deposit Rates
Extended FDIC Insurance Available.1 Consumer accounts are available to Maine and New Hampshire residents only.
Propel Preferred Savings
| Minimum Daily Balance to Earn APY | Interest Rate | APY1 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 2.716% | 2.75% | Open Savings |
1 Annual Percentage Yield (APY) is effective as of 9/15/2026. To earn the preferred rate of 2.716% and APY of 2.75% on Propel Preferred Savings, you must open and have an active Propel Premier Checking account. If the Propel Premier Checking is not active, the rate on the Propel Preferred Savings account will default to 0.05% APY. Propel Premier Checking is considered active by meeting two of the following during the monthly statement cycle: (1) maintain a $5,000 average daily balance, (2) receive a total of $1,000 or more in direct deposits, or (3) complete 10 debit card transactions that post and settle within the monthly statement cycle. Propel Preferred Savings requires a $50 minimum deposit to open (50% of funding source must be money that is not on deposit with Northeast Bank). A minimum daily balance of $0.01 is required in the Propel Preferred Savings account to earn the stated APY. Rates may change at any time after account opening. Fees could reduce earnings, see our Schedule of Fees. Propel Premier Checking requires a $100 minimum deposit to open (50% of funding source must be money that is not on deposit with Northeast Bank). Offer may be withdrawn at any time. Consumer deposits only. Available to Maine and New Hampshire residents only.
Growth Savings
| Minimum Balance to Earn APY | Interest Rate | APY2,3 | Get Started |
|---|---|---|---|
| Balances $0.01 to $249,999.99 | 2.96% | 3.00% | Open Savings |
| Balances $250,000.00 and over | 3.445% | 3.50% | Open Savings |
2 Annual Percentage Yields (APYs) are effective as of 9/15/2026. Growth Savings Account requires a $2,500 deposit to open. This account requires 50% of the opening deposit to be new money. New money is defined as money that is not on deposit with Northeast Bank. Minimum daily balances of $0.01 - $249,999.99 earn 3.00% APY; minimum daily balances of $250,000.00 and over earn 3.50% APY. Rates may change at any time after account opening. Fees could reduce earnings, see our Schedule of Fees. Available to Maine and New Hampshire residents only.
3 Not available for IRAs.
Propel Fusion Savings
| Minimum Daily Balance to Earn APY | Interest Rate | APY4 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 0.05% | 0.05% | Open Savings |
4 Annual Percentage Yield (APY) is effective as of 9/15/2026 and is subject to change without notice. A minimum daily balance of $0.01 is required to earn stated APY. Rates may change at any time after account opening. Interest is compounded monthly and credited monthly. Fees could reduce earnings, see our Schedule of Fees. $50.00 minimum opening deposit required. Available to Maine and New Hampshire residents only.
Health Savings Account
| Minimum Daily Balance to Earn APY | Interest Rate | APY5 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 1.982% | 2.00% | Open HSA |
Health Savings Accounts are available for qualifying individual and family high deductible health plans.
5 Annual Percentage Yield (APY) is effective as of 9/15/2026 and is subject to change without notice. Rates may change at any time after account opening. A minimum daily balance of $.01 is required to earn stated APY. Fees could reduce earnings, see our Schedule of Fees. A single rate of interest is paid on the entire principal balance determined by the level of the principal balance daily.
Certificates of Deposit
6Annual Percentage Yields (APYs) are effective as of 9/15/2026. All CD terms offered by Northeast Bank require a $5,000 minimum deposit to open. Opening deposit must be new money. New money is defined as money that is not on deposit with Northeast Bank. A minimum daily balance of $0.01 is required to earn the stated APYs. Early withdrawal penalties may apply. Fees could reduce earnings on the account, see our Schedule of Fees. Offer may be withdrawn at any time. Consumer accounts are available to Maine and New Hampshire residents only
We offer a range of competitive rates and terms for Traditional CDs or IRAs. For information on our CD rates, please contact the banking center nearest to you.
Propel Relationship CDs
| CD Term | Propel CD Interest Rate | Propel CD APY7 | Get Started |
|---|---|---|---|
| 6-Month CD | 4.066% | 4.15% | Call or Visit Us |
| 1 Year CD | 4.162% | 4.25% | Call or Visit Us |
| 2 Year CD | 3.344% | 3.40% | Call or Visit Us |
7Annual Percentage Yields (APYs) are effective as of 9/15/2026; the Propel Relationship CDs include an additional 0.15% APY and are only available when customer opens or already has a Propel Premier Checking Account and Propel Preferred Savings Account. The advertised CD terms require a $5,000 minimum deposit to open. Opening deposit must be new money. New money is defined as money that is not on deposit with Northeast Bank. A minimum daily balance of $0.01 is required to earn the stated APYs. This offer applies only to eligible Propel Relationship CD terms designated by Northeast Bank and may not be combined with other promotional offers unless specifically stated otherwise. See account disclosures for details. Early withdrawal penalties may apply. Fees could reduce earnings on the account, see our Schedule of Fees. Offer may be withdrawn at any time. Consumer accounts are available to Maine and New Hampshire residents only. Propel Relationship CDs must be opened in a banking center.