Benefits of a Kennebunk Savings checking account begin right away
What kind of neighbor would we be if we didn’t do everything we could to make sure your checking account made your life easier? You’ll use it almost every day, and these helpful features and services ensure you get the security and convenience you expect:
Explore Two Checking
No monthly service charges and no minimum balance.
Interest Bearing Checking
Earn interest while you maintain a balance of $500⁴.
Today's Interest Bearing Checking Rates
|Minimum Daily Balance to Earn APY*||Interest Rate||APY|
|Tier 2 ($500.00 and above)||0.01%||0.01%|
|Tier 1 ($0.01-$499.99)||0.01%||0.01%|
Interest rates and Annual Percentage Yields (APYs) are accurate as of Tuesday, October 03, 2023. Rate variable and subject to change after the account is opened. Fees could reduce earnings. $.01 minimum deposit to open account.
*Some balances may be too low to be credited for interest if the interest rate is also low. We will credit interest earned equal to or greater than $0.01 during a statement cycle at the end of a cycle. For example, with a rate of 0.01%, a $100 daily balance would earn less than $0.01 by the end of the statement cycle resulting in no interest credited to the account.
Account controls and real-time alerts and notifications
Set up online and mobile access* for your checking account and you can access convenient controls and alerts anytime:
Personal Checking FAQs
Are there any locational restrictions for deposit accounts?
Yes, checking and savings products customers must live or work in Cumberland or York Counties, Maine, or Rockingham or Strafford Counties, New Hampshire.
What kind of fraud protection does a Kennebunk Savings checking account have?
When you get a debit card with your account, you can set up fraud alerts. This free service will send you a text notification when there’s suspicious activity on your card, and you have 15 minutes to respond. If we don’t hear from you, we’ll call you to follow up. Please make sure we have your current cell phone number.
Other fraud services include:
- Monitoring debit card activity round-the-clock, 24/7
- Stopping a debit card transaction if suspicious and potentially place a temporary hold on further debit card transactions (until we hear from you)
- Putting a “hold” on your debit card transaction, if suspicious
- Two factor authentication when logging into your account
- You can learn more about our fraud services here.
Can I link my online checking account to digital wallet?
Yes, you can link your account to Apple Pay®, Google Pay™ and Samsung Pay™, too. Once linked, you can use your smart device to pay for purchases by tapping a button and holding your device over the contactless payment terminal. It’s a smart way to safeguard your payments, and rest easy knowing this method has the same fraud protection as physically using your debit card in stores.
What kind of overdraft protection does the Kennebunk Savings checking account have?
If you find you’ve overdrawn your account, we offer several options. You can find important details here regarding fees, types of transactions that may be covered, when an overdraft may not be paid and repayment of overdrafts. Here’s a quick summary:
Smart Overdraft Transfer
Use your own money first and link one of your other Kennebunk Savings deposit accounts to your checking account to cover your overdraft with a funds transfer if there are sufficient funds in your linked account. There is no fee for this service.
Smart Overdraft Advance
Apply for a line of credit that, if approved, will automatically make a credit advance directly to your checking account up to your Smart Overdraft Advance limit. No credit advance fee. Interest is charged on the outstanding balance.
Smart Overdraft Assist
At our discretion, we will strive to pay any overdrafts for checks, recurring point of sale (POS) debit card transactions, and Automated Clearing House (ACH) debits which may be presented against your account instead of returning the transactions unpaid. An Overdraft Fee of $35 may be charged for each overdraft transaction greater than $5. See the Service Pricing Schedule (schedule of fees) for maximum number of fees, per item threshold, and balance threshold.
We will decline one-time POS debit card transactions and ATM withdrawals if you do not have sufficient funds in your account.
To learn more about these services please visit your local branch or call our Customer Care Team at 800-339-6573.