Savings
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Personal savings accounts that care what comes next for you
We love to see our neighbors succeed, so you can trust us to take your future as seriously as you do. All of our savings account options include features that protect your funds and make it easy for you to check in on your progress anytime:
- Secure online and mobile access to accounts
- Ability to set alerts to monitor activity
- Monthly electronic statements
- FDIC insured accounts
- Easy online enrollment
Our Account Opening Checklist can help you get started.
Personal savings account options for those still learning the basics
Explore Our Personal
Savings Accounts
Harbor Savings Account
The right choice for you if:
You dream of a “Maybe One Day” account to make those out-of-reach goals feel closer. This interest-bearing savings account helps you reach your savings goals. You can use our secure online and mobile banking to track your progress.
Certificates of Deposit (CDs)
The right choice for you if:
You want a risk-free savings option, a place to put some money you’d like to see earn interest. You’ll enjoy a guaranteed rate of return.
Holiday Club Account
Don’t let that most wonderful time of the year break your bank account. You can set aside a little every month all year to prepare with the Holiday Club Account:
• Decide on your annual budget.
• You don’t have to use your money for holiday shopping – consider saving for annual taxes, save for a vacation, it is really your money to do what you want with it!
• Set up an automatic transfer each month into your Holiday Club Account.
• Add as much or as little as you want.
• Receive your funds in mid-October via direct deposit or check.
Traditional Individual Retirement Account (IRA)
The right choice for you if*:
You want to deduct your contributions on your taxes and defer all of your investment earnings until distribution.
• Eligible for tax-deductible contributions.
• All IRA investment earnings are tax-deferred until distributed.
ROTH Individual Retirement Account (IRA)
The right choice for you if*:
You don’t want to deduct your contributions on your taxes and would rather your earnings potentially be nontaxable upon distribution. Roth IRA owners are not required to take minimum distributions.
• Not tax-deductible.
• All earnings are potentially nontaxable upon distribution.
• After meeting a five-year holding period, a Roth IRA owner (and their beneficiaries) can take certain qualified distributions that are nontaxable.
• Roth IRA owners are not required to take minimum distributions.
Today’s Harbor Savings Rates
| Minimum Daily Balance to Earn APY* | Interest Rate | APY |
|---|---|---|
| Tier 5 ($100,000.00 and above) | 0.10% | 0.10% |
| Tier 4 ($50,000.00-$99,999.99) | 0.07% | 0.07% |
| Tier 3 ($25,000.00-$49,999.99) | 0.05% | 0.05% |
| Tier 2 ($10,000.00-$24,999.99) | 0.05% | 0.05% |
| Tier 1 ($0.01-$9,999.99) | 0.01% | 0.01% |
Interest rates and Annual Percentage Yields (APYs) are accurate as of Tuesday, May 13, 2025. Rates variable and subject to change after account is opened. Maximum daily balance is $1 million for personal accounts. Fees could reduce earnings. $0.01 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.
Today’s Premium CD Rates
| Term | Interest Rate | APY |
|---|---|---|
| 3 Months | 0.10% | 0.10% |
| 6 Months | 0.15% | 0.15% |
| 7 Months* | 0.15% | 0.15% |
| 12 Months | 0.25% | 0.25% |
| 24 Months | 0.35% | 0.35% |
| 36 Months | 0.40% | 0.40% |
| 60 Months | 0.50% | 0.50% |
Interest rates and Annual Percentage Yields (APYs) are accurate as of Tuesday, May 13, 2025. Fees could reduce earnings. $500 minimum deposit to open account; minimum daily balance to earn APY is $.01. Penalties for early withdrawal may apply. Premium CD eligibility requires maintaining a personal checking, money market or savings account.
*There is no penalty for early withdrawal during a no penalty CD Term.
Today’s Premium IRA CD Rates
| Term | Interest Rates | APY |
|---|---|---|
| 12 Months | 0.25% | 0.25% |
| 24 Months | 0.35% | 0.35% |
| 36 Months | 0.40% | 0.40% |
| 60 Months | 0.50% | 0.50% |
Interest rates and Annual Percentage Yields (APYs) are accurate as of Tuesday, May 13, 2025. Fees could reduce earnings. Minimum opening deposit is $500; minimum balance to earn APY is $.01. Penalties for early withdrawal may apply. Premium CD eligibility requires maintaining a personal checking, money market or savings account.
Today's Holiday Club Rates
| Minimum Daily Balance to Earn APY* | Interest Rate | APY |
|---|---|---|
| $0.01 | 0.10% | 0.10% |
Interest rates and Annual Percentage Yields (APYs) are accurate as of Tuesday, May 13, 2025. Rates variable and subject to change after account is opened. Fees could reduce earnings. $0.01 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.
If you have a dispute with your financial institution or credit union regarding your account, you may contact the financial institution or credit union and attempt to resolve the problem directly. If the financial institution or credit union fails to resolve the problem, communicate the problem and the resolution you are seeking to:
Maine Bureau of Financial Institutions
36 State House Station
Augusta, Maine 04333-0036
To file a complaint electronically, you may contact the Maine Bureau of Financial Institutions at the following Internet address:
https://www.maine.gov/pfr/financialinstitutions/consumer-tools/complaints
When your complaint involves a federally-chartered financial institution or credit union, the Maine Bureau of Financial Institutions will refer it to the appropriate federal supervisory agency.