Skip to Main Content

Checking (Personal Banking)

Some money is meant to move.

Checking handles your bills, purchases, and direct deposits, so the rest of your money can stay organized.

Open Checking

Extended FDIC Insurance Available.1 Consumer accounts are available to Maine and New Hampshire residents only.

Checking works even better with savings.

Checking keeps money available. Savings helps separate the money you don't need right away. Together, they keep spending and saving in their own places.

Account Pairings

BEGIN WITH CHECKING AND SAVINGS
Open Together
DESIGNED TO DO MORE
Propel Premier Checking

For purchases, bills, direct deposit, and the money you use.

Get paid up to 2 days early2
No monthly service fee
Free nationwide ATM access3
Qualify for the Propel Preferred Savings rate4
$100 minimum opening deposit
SAVINGS WITHIN REACH
Propel Preferred Savings

For emergency funds, planned expenses, and money you'd like to keep within reach.

2.75% APY4 on Propel Preferred Savings with an active Propel Premier Checking account
0.05% APY4 on all balances if checking qualifications are not met
No monthly service fee
Set up automatic transfers from checking
$50 minimum opening deposit
Money for Later
CDs

For future goals and money you plan to set aside for a fixed term.
Competitive fixed rates
Multiple term options
$5,000 minimum opening deposit5
Open a CD
The Takeaway

Checking is the foundation. Everything else builds from here.

When your money has a clear place, it's easier to set the rest aside and let it grow.

Find the checking account that fits how you bank.

Propel Premier Checking is designed for those who want banking paired with additional savings benefits. We also offer other checking options designed for different needs and life stages.
Money You Use
Propel Free Checking

Simple checking with nothing in the way.

No monthly service fee
No minimum balance requirement
Get paid up to 2 days early2
Free nationwide ATM access3
Online & mobile banking
$25 minimum opening deposit
Open Propel Free Checking
For Teens
Teen Freedom Checking

A first account built for learning, with a parent alongside.

Available for ages 13–17
No monthly service fee
Parental oversight available
Debit card included
Free nationwide ATM access3
Online & mobile banking
$25 minimum opening deposit
Call or Visit Us
Designed to do more
Propel Premier Checking

Checking that helps the rest of your money earn.

Get paid up to 2 days early2
No monthly service fee
Free nationwide ATM access3
Qualify for the Propel Preferred Savings rate4
$100 minimum opening deposit
Open Propel Premier Checking

Built around how money is actually used.

When each account has a role, it's easier to know where every dollar belongs.
Your banking starts here.
Use checking for direct deposit, purchases, bills, and the money you spend.
Save at a competitive rate.
Qualify for the preferred Propel Preferred Savings rate with active Propel Premier Checking.4
Earn even more on eligible CDs.
Open Propel Premier Checking and Propel Preferred Savings to qualify for an additional 0.15% APY6 on eligible Propel Relationship CDs.
Keep money organized.
Separate spending, saving, and longer-term goals so each dollar has a clear role.

Every dollar has a place. Find yours.

Open a Checking

Extended FDIC insurance available.1 

NOT SURE WHERE EACH DOLLAR BELONGS?

Talk it through with someone local.

Different dollars belong in different places. If you want a second set of eyes on yours, talk it through with someone local.

Call Us
Find a Banking Center
How do I know which account is right for my money?
Start with one question: when will you need it? The answer usually points you toward the right account.
Do I need all three accounts?
Not necessarily. The right setup depends on your goals, your balances, and how you plan to use your money.
What's the benefit of keeping them together?
Each account has a role. Open Propel Premier Checking and Propel Preferred Savings to qualify for an additional 0.15% APY on eligible Propel Relationship CDs.6 When each dollar sits where it belongs, more of your money works for you.
Disclosures

1 FDIC Insurance: Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per insured bank, for each account ownership category. Extended FDIC insurance available for deposits over $250,000.

2 Early direct deposit depends on timing. Earlier availability is subject to payer providing payment information and ability to support the feature.

3 Free nationwide ATM access: Must accept disclosed fee and the foreign ATM charge will be refunded to you within 3 business days. 

4 Propel Preferred Savings: 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 accounts are available to Maine and New Hampshire residents only.

5  Certificates of Deposit (CDs): Annual 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. Consumer accounts are available to Maine and New Hampshire residents only.  

6 Propel Relationship CDs: Annual 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.