If you are a current resident of Maine, Down East Credit Union is offering you a 1.00% APY when you sign up and open a new Money Market Account. For those who are currently interested, all you would need to do is open your new account with a minimum deposit of $100,000. With a new account, you will receive the same rate for any amount over the initial $100,000! After you have met the simple deposit requirement, you will have access to the stated rate as well as a wide variety of account features to better your banking experience. If you would like to simplify your experience, then I definitely recommend you apply as soon as you can!
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Down East Credit Union Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.00% APY
- Availability: ME (branch locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee: None
- Early Termination Fee:
- If the certificate funds other than dividends are withdrawn before the maturity date, there will be a substantial penalty.
Down East Credit Union Account Features:
- Shared branches
- Online banking
- Telephone access
- Wire transfer
- NCUA insured
Down East Credit Union Fine Print:
- Money Market Account balances less than $2,500.00 earn no dividends.
- For certificates with a term of one year or more the penalty is forfeiture of six months dividends; for terms less than one year the forfeiture is one-half of the term dividends whether earned or not.
Conclusion:
Are you currently on the market for a new banking experience? How would you like to earn a generous rate with a simple initial deposit? If so, then definitely check out what Down East Credit Union is offering! Qualified residents will receive the generous rate once all the requirements are met. Additionally, you will have instant access to a selection of features to better your banking experience. With that, there should be no reason to not sign up! However, if you are not currently interested, be sure to check out our list of Best Savings Rates for all your saving needs!
