Rates
Choose from FREE Checking to High-Yield Savings
PROPEL Preferred Savings
| Minimum Daily Balance to Earn APY | Interest Rate | APY1 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 4.41% | 4.50% | Contact Us Here |
1 Annual Percentage Yield (APY) is effective as of 7/11/2023. To earn the APY 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 Preferred Savings requires a $50 minimum deposit to open (50% of funding source must be money that has not been deposited with Northeast Bank in the previous 30 days). A minimum 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. 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 Premier Checking requires a $100 minimum deposit to open (50% of funding source must be money that has not been deposited with Northeast Bank in the previous 30 days). Offer may be withdrawn at any time. Consumer deposits only. Available to Maine residents only.
High-Yield Savings
| Minimum Balance to Earn APY | Interest Rate | APY2,3 | Get Started |
|---|---|---|---|
| Balances $0.01 to $249,999.99 | 3.928% | 4.00% | Contact Us Here |
| Balances $250,000.00 and over | 4.41% | 4.50% | Contact Us Here |
2 Annual Percentage Yield (APY) is effective as of 8/4/2023. High-Yield 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 has not been deposited with Northeast Bank in the previous 30 days. Minimum balances of $0.01 - $249,999.99 earn 4.00% APY; minimum balances of $250,000.00 and over earn 4.50% APY. Rates may change at any time after account opening. Fees could reduce earnings. 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% | Contact Us Here |
4 Interest rates and Annual Percentage Yields (APY) accurate as of 7/11/2023 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. Fees could reduce earnings. $50.00 minimum opening deposit required.
Health Savings Account (Individual & Family)
| Minimum Daily Balance to Earn APY | Interest Rate | APY5 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 1.982% | 2.00% | Contact Us Here |
5 Interest rates and Annual Percentage Yields (APY) accurate as of 7/11/2023 and are subject to change without notice. The interest rate and APY may change at any time after account opening. A minimum daily balance of $.01 is required to earn stated APY. 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 | Get Started |
|---|---|---|---|
| Balances $0.01 and Above | 0.39% | 0.40% | Contact Us Here |
6 Annual Percentage Yield (APY) is accurate as of 7/11/2023 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.
7 Not available for IRAs.
Certificates of Deposit
| Interest Rate | APY8,9 | Get Started | |
|---|---|---|---|
| 6-Month CD | 4.65% | 4.75% | Open Online in Minutes! |
| 12-Month CD | 5.13% | 5.25% | Open Online in Minutes! |
8Annual Percentage Yield (APY) is effective as of 8/4/23. 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. Opening deposit must be new money. New money is defined as money that has not been deposited with Northeast Bank in the previous 30 days. Offer may be withdrawn at any time. Available to Maine and New Hampshire residents only.
9Annual Percentage Yield (APY) is effective as of 8/4/23. The 12-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. Opening deposit must be new money. New money is defined as money that has not been deposited with Northeast Bank in the previous 30 days. Offer may be withdrawn at any time. Available to Maine and New Hampshire 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!
