1 Rate is effective as of 5/16/2022. To earn the annual percentage yield (APY) on PROPEL Premier 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 Premier Savings account will default to 0.05% APY. PROPEL Premier Savings requires a $50 minimum deposit to open (50% of funding source must be new money to Northeast Bank). A minimum balance of $0.01 is required in the PROPEL Premier Savings account to earn the stated APY. Rates are subject to change after account opening. PROPEL Premier Checking is considered active by meeting two of the following criteria each monthly statement cycle: (1) maintain a $5,000 average daily balance, (2) receive a total of $2,000 or more in direct deposits, or (3) complete 20 debit card transactions that post and settle within the monthly statement cycle. Propel Checking requires a $100.00 minimum deposit to open (50% of funding source must be new money to Northeast Bank). Offer may be withdrawn at any time. Consumer deposits only. Available to Maine residents only.