Available for residents of Maine, Kennebec Federal Savings is offering a chance to earn a 1.11% APY when you sign up and open a new Super Money Market Account. Residents will need to provide a opening deposit of $100,000 and maintain that amount on account to qualify. Once you have provided the deposit, you will be able to obtain the highest rate available from the bank. Additionally, you will be able to benefit from features such as online banking and a list of Financial Management Tips & Tools to better your banking experience. If you are interested in this limited time offer, then I recommend you apply as soon as you can as the rate’s subjected to change.
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Kennebec Federal Savings Account Summary:
- Apply Now
- Account Type: Super Money Market Account
- Interest Rate: 1.11% 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: None listed
Kennebec Federal Savings Requirements:
- Open a Super Money Market account with a $100,000 opening deposit from Kennebec Federal Savings.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Earn a rate of 1.11% APY when you have a balance of $150,000.01- $250,000.00.
| Balance Requirement | APY Rate |
| $0.00 – $99,999.99 | 0.00% |
| $100,000.00 – $150,000.00 | 1.01% |
| $150,000.01 – $250,000.00 | 1.01%-1.11% |
| $250,000.01 + | 0.82%-1.11%% |
Kennebec Federal Savings Fine Print:
- Dividends are paid quarterly
- Must meet deposit amount to earn the stated APY rate
- This is a blended rate account.
- Fees may reduce earnings.
- Rates are subject to change without notice. Please ask a customer service representative for the most current rate information.
- Kennebec Federal Savings reserves the right to accept deposits consistent with Bank policy and practice which may include geographic and other restrictions.
Kennebec Federal Savings Account Features:
- Online Banking
- Bill Pay
- eStatements
- Mobile Banking
- ATM/Debit Card
- Financial Management Tips & Tools
Conclusion:
With endless banking options out there, finding the right account can often take up precious time. With that precious time, you could already be saving money and enjoying a generous rate! In that case, why not check out the current promotion Kennebec Federal Savings is offering? Simply provide a one time deposit of $100,000 on account and the attractive rate is yours! Additionally, you will have instant access to a wide selection of account features to better your savings experience. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!
