Rates
Choose from FREE Checking to High-Yield Money Markets
PROPEL Premier Savings
| Minimum Daily Balance to Earn APY | Interest Rate | APY1 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 1.98% | 2.00% | Contact Us Here |
1 Annual Percentage Yield (APY) is effective as of 9/29/2022. To earn the 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 may change at any time after account opening. 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 Checking requires a $100 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 Offer may be withdrawn at any time.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.
Momentum Money Market
| Minimum Balance to Earn APY | Interest Rate | APY2,3 | Get Started |
|---|---|---|---|
| Balances $0.01 to $124,999.99 | 1.24% | 1.25% | Contact Us Here |
| Balances $125,000.00 to $249,999.99 | 1.49% | 1.50% | Contact Us Here |
| Balances $250,000.00 and over | 1.73% | 1.75% | Contact Us Here |
2 Annual Percentage Yield (APY) is effective as of 9/29/2022. Momentum Money Market requires a $50 deposit to open (50% of funding source must be new money to Northeast Bank). A minimum daily balance of $.01 is required to earn stated APY. Rates may change at any time after account opening. Available to Maine residents only.
3 Not available for IRAs.
PROPEL Fusion Savings
| Minimum Daily Balance to Earn APY | Interest Rate | APY1 | Online Application |
|---|---|---|---|
| Balances $0.01 and Above | 0.05% | 0.05% | Open Now! |
4 Interest rates and Annual Percentage Yields (APY) accurate as of 9/29/2022 and are subject to change without notice. The rate and APY may change at any time after account opening. Interest is compounded monthly and credited monthly. $50.00 minimum opening deposit required.
Health Savings Account (Individual & Family)
| Minimum Daily Balance to Earn APY | Interest Rate | APY5 |
|---|---|---|
| Balances $0.01 and Above | 0.10% | 0.10% |
5 Interest rates and Annual Percentage Yields (APY) accurate as of 9/29/2022 and are subject to change without notice. The interest rate and APY may change at any time 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
| Minimum Daily Balance to Earn APY | Interest Rate | APY6,7 | Online Application |
|---|---|---|---|
| Balances $0.01 and Above | 0.39% | 0.40% | Open Now! |
6 Annual Percentage Yield (APY) is accurate as of 9/29/2022 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.
7 Not available for IRAs.
Certificates of Deposit
| Interest Rate | APY8,9 | Get Started | |
|---|---|---|---|
| 6-Month CD | 3.687% | 3.75% | Contact Us Here |
| 15-Month CD | 3.203% | 3.25% | Contact Us Here |
8Annual Percentage Yield (APY) is effective as of 11/29/2022. The 6-Month CD requires a $5,000 minimum deposit to open and obtain the APY. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. New money only. Offer may be withdrawn at any time. Available to Maine residents only.
9Annual Percentage Yield (APY) is effective as of 11/29/2022. The 15-Month CD requires a $5,000 minimum deposit to open and obtain the APY. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. New money only. Offer may be withdrawn at any time. Available to Maine residents only.
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!
