Certificate of Deposit Rates

(All Certificates of Deposit, including Partners Plus CDs)

Effective May 17, 2017

Rates subject to change without notice. A Penalty Will Be Imposed for Early Withdrawal. Stated minimum opening balance is required to obtain APY on all deposit accounts.

Certificate of Deposit Rates
Account Type Minimum
Opening
Balance
Interest
Rate
Annual
Percentage
Yield

 

6 Month CD

$500*

0.20%

0.20%

9 Month CD Tier 1: $500-24,999* 0.20% 0.20%
Tier 2: $25,000+* 0.50% 0.50%

1 Year CD

$500*

0.25%

0.25%

18 Month Fixed Rate CD

$500*

0.30%

0.30%

18 Month Variable Rate IRA CD

$500**

1.09%

1.09%

19 Month CD

$10,000***

0.75%

0.75%

2 Year CD

$500*

0.35%

0.35%

35 Month CD

$10,000****

1.14%

1.15%

3 Year CD

$500*

0.50%

0.50%

4 Year CD

$500*

0.65%

0.65%

5 Year CD

$500*

0.85%

0.85%


*Minimum opening balance to obtain the Annual Percentage Yield (APY) is $500. The APY for the CD assumes interest will remain on deposit until maturity. A penalty may be charged for early withdrawal. A withdrawal will reduce earnings. Also available for IRAs with $500 minimum to open and obtain APY.

**Minimum opening balance to obtain the Annual Percentage Yield (APY) is $500. The APY for the IRA CD assumes interest will remain on deposit until maturity. A penalty may be charged for early withdrawal. A withdrawal will reduce earnings. Only available as an IRA.

***Must have a checking account with Androscoggin Bank. Minimum opening balance to obtain the Annual Percentage Yield (APY) is $10,000. A penalty may be charged for early withdrawal. A withdrawal will reduce earnings. Also available for IRAs with $10,000 minimum to open and obtain APY.

****Minimum opening balance to obtain the Annual Percentage Yield (APY) is $10,000. A penalty may be charged for early withdrawal. A withdrawal will reduce earnings. Also available for IRAs with $10,000 minimum to open and obtain APY.

For more information, contact an Androscoggin Bank representative.