Highest CD Rates in Maine
Continuing our look at regional certificate of deposit rates, we here at Highest CD Rates Info are now going to look at what the best CD rates in Maine are, today. Current CD rates nationally are fluctuating a lot by region with some areas having higher numbers locally than you might find nationally, so we’re looking at individual areas.
As usual, we’ll look at popular terms and then rank results by annual percentage yield (APY) and give any minimum deposit requirements they might have.
1 Year Term Highest CD Rates in Maine
For this term, Merrill Merchants Bank has a 1.25% APY with a $500 minimum deposit. TD Bank has a 1.00% APY with a low $250 minimum deposit requirement and Bangor Savings Bank has a 0.99% APY with a $500 minimum deposit requirement.
3 Year Term Maine CD Rates
For this term, TD Bank is tops with a 2.25% APY and a $250 minimum deposit requirement. Merrill Merchants Bank is close behind at 2.15% APY with a $500 minimum deposit. Bangor Savings Bank is right there with a 2.14% APY and a $500 minimum deposit as well. Competitive sector!
5 Year Term Best CD Rates in Maine
For this popular, long term, the highest CD rates are currently at TD Bank with a 3.00% APY and a low $250 minimum deposit requirement. Bangor Savings has a 2.75% APY, as does Merrill Merchants Bank. Both have a $500 minimum deposit requirement. Key Bank has a 2.10% APY with a $2,500 minimum deposit requirement.
6 Month Term Maine CD Rates
Merrill Merchants Bank has a 1.00% APY available for this short term and popular term. TD Bank has a 0.75% and Bangor Savings has a 0.70% APY. These all require a $500 minimum deposit to open, though TD Bank also has a $250 minimum available locally under special terms.
All banks listed are FDIC insured. The best CD rates in Maine will change often, so if any of these highest CD rates in Maine appeal to you, lock yours in now. Current CD rates may change at any time.