Business Deposit Rate Sheet

INTEREST RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
ALL DEPOSIT RATES ARE ACCURATE AS OF: January 17, 2020.

FDIC INSURANCE INFORMATION: Effective January 1, 2020, if you had deposit accounts at both divisions (Biddeford Savings and Mechanics Savings), FDIC insurance coverage on your deposit accounts will remain unchanged for 6 months, until July 1, 2020. After July 1, 2020, FDIC insurance coverage will be based on your totalcombined deposits at Maine Community Bank. FDIC insurance coverage on certificates of deposits (CDs) will remain in place until the CD matures. CDs that renew during the 6-month period, and are renewed for the same term, and in the same dollar amount, continue to be separately insured untilthe next maturity date.

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $10,000.00
  • $25,000.00
  • $50,000.00
  • $75,000.00
  • $100,000.00

Annual Percentage Yield(APY)

  • 0.05%
  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.10%

Interest
Rate

  • 0.05%
  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.10%

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $100,000.00
  • $500,000.00
  • $1,000,000.00

Annual Percentage Yield(APY)

  • 0.15%
  • 0.15%
  • 0.15%
  • 0.15%

Interest
Rate

  • 0.15%
  • 0.15%
  • 0.15%
  • 0.15%

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $10,000.00
  • $25,000.00
  • $50,000.00
  • $75,000.00
  • $100,000.00

Annual Percentage Yield(APY)

  • 0.05%
  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.10%

Interest
Rate

  • 0.05%
  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.10%

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $2,500.00
  • $20,000.00
  • $50,000.00
  • $100,000.00
  • $250,000.00

Annual Percentage Yield(APY)

  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.25%
  • 0.25%

Interest
Rate

  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.25%
  • 0.25%

MinimumOpening Deposit

  • $100.00

Minimum BalanceTo Obtain APY

  • $0.01

Annual Percentage Yield(APY)

  • 0.75%

Interest
Rate

  • 0.75%

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $100,000.00
  • $500,000.00
  • $1,000,000.00

Annual Percentage Yield(APY)

  • 0.15%
  • 0.15%
  • 0.20%
  • 0.25%

Interest
Rate

  • 0.15%
  • 0.15%
  • 0.20%
  • 0.25%

MinimumOpening Deposit

  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00
  • $25.00

Minimum BalanceTo Obtain APY

  • $0.01
  • $2,500.00
  • $20,000.00
  • $50,000.00
  • $100,000.00
  • $250,000.00

Annual Percentage Yield(APY)

  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.25%
  • 0.25%

Interest
Rate

  • 0.05%
  • 0.05%
  • 0.10%
  • 0.10%
  • 0.25%
  • 0.25%
 * A repurchase agreement is not a deposit, it is not insured by FDIC or by the United States government or any of its agents, and is subject to investment risks, including loss of principal amount invested.

For Institutional CD rates over $249,000 please call Pam Reynolds at 207-333-4554. For all other CD rates, please refer to our Consumer Rate Sheet