Rates
Choose from FREE Checking to High-Yield Money Markets
PROPEL Premier Savings
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 Offer may be withdrawn at any time.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.
PROPEL Fusion Savings
2 Interest rates and Annual Percentage Yields (APY) accurate as of 5/16/2022 and are subject to change without notice. The rate and APY may change after account opening. Interest is compounded monthly and credited monthly. $50.00 minimum opening deposit required.
Health Savings Account (Individual & Family)
3 Interest rates and Annual Percentage Yields (APY) accurate as of 5/16/2022 and are subject to change without notice. The interest rate and APY may change after account opening. $100.00 minimum deposit required to open account. Fees could reduce earnings. A single rate of interest is paid on the entire principal balance determined by the level of the principal balance daily.
Value Money Market
4 APY is accurate as of 5/16/2022 and may change any time after account opening. $5,000.00 minimum opening deposit required. A minimum daily balance of $.01 is required to earn stated APY. Fees could reduce earnings. Interest is compounded monthly and credited monthly. Excessive transactions may result in additional fees and/or account closure.
5 Not available for IRAs.
Personal Growth Money Market
6 Interest rates and Annual Percentage Yields (APY) accurate as of 5/16/2022 and are subject to change without notice. The interest rate and APY may change after account opening. $25,000.00 minimum opening deposit required. Fees could reduce earnings. Interest is compounded monthly and credited monthly. Excessive transactions may result in additional fees and/or account closure.
7 Not available for IRAs.
Certificates of Deposit
We offer a range of competitive rates and terms for Traditional CDs or IRAs - including the ability to choose a term that fits your needs. For information on our CD rates, please contact the banking center nearest you and one of our personal bankers will be happy to help!
