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Bangor Workplace Advantage

   
 

You get our best. Just for working where you do.

Bangor Workplace Advantage - img

Hard work. That's what Maine is known for the world over.

We're in business to help the people and businesses of Maine turn that hard work into success. That's our promise to you. And the foundation of Bangor Workplace Advantage.

As an employee of Bangor Savings Bank business customer, you automatically qualify for all the benefits:

  • $25 cash to open your new checking account*
  • One time 0.25% interest rate bonus for a Certificate of Deposit (CD)*
  • Unconditionally Free ATMs Worldwide
  • Free Debit MasterCard 
  • Interest earning Benefit Plus checking account
  • No Monthly Service Charge*
  • Free online banking
  • Free 24-hour automated phone-banking service
  • Interest earning Benefit Savings Account*
  • Benefit Money Market Account, our most rewarding money market*
  • Premium rates on Certificate of Deposit (CD) 
  • No annual fee Visa credit card with Rewards*
  • Overdraft protection with Standby Money line of credit*
  • Leather checkbook cover with a choice of free Specialty Checks or $10 discount on initial and future Deluxe check orders
  • Free Treasury Checks and Money Orders
  • Free Travelers' Cheques (includes Cheques for Two® and Gift Cheques)
  • Free first year of Safe Deposit Box rental
  • $100 mortgage application fee waiver
  • $50 personal loan document preparation fee credit*
  • Complimentary personal and property insurance review**
  • 0.50% rate reduction on a Home Equity Line of Credit*

* Qualifications & Considerations

All qualifications waived for the primary owner or manager of our business checking relationship or their employees under our Bangor Workplace Advantage program. The $20 monthly service charge also waived if qualification maintained. Qualify by maintaining $10,000 in combined balances in your Bangor Savings Bank deposit accounts, Bangor Savings Bank Trust or Bangor Financial Services accounts; a Bangor Savings Bank residential first mortgage; a Bangor Savings Bank home equity line of credit of $10,000 or more.

$25.00 minimum balance to open our Benefit Plus Interest Checking account. Minimum balance to earn interest is $1,000. The account currently pays a 0.10% annual percentage yield (APY) for balances over $999.99. APY is accurate as of 06/24/09. Rates are subject to change daily. $25.00 offer for new checking account opening is limited to one bonus per employee; bonus paid at account opening into the newly opened account.

Benefit Money Market Account ($5,000 minimum opening deposit) available, Bangor Savings Bank checking account required.

No annual fee credit card with Rewards available, subject to credit qualification. Overdraft protection with Standby Money subject to credit qualification. $50 personal loan document fee credit is dependent on payment of the loan with automatic payment from a Bangor Savings Bank account.

.50% rate reduction on a home equity line of credit with automatic payment from a Bangor Savings Bank checking account.

The CD interest rate bonus is a one-time rate increase above the stated Certificate of Deposit rate. CD will renew at the regular Benefit Plus CD rate. Available upon presentment of employee coupon at a Bangor Saving Bank branch location. Must open or have a Benefit Plus checking account.

** Insurance products are not deposits or other obligations of, or guaranteed by the bank, or an affiliate of the bank. Insurance products are not insured by the FDIC, or any other agency of the United States, the bank, or any affiliate of the bank. Insurance products may involve investment risk, including the possible loss of value.

Insurance products are offered through Bangor Insurance, a division of Bangor Savings Bank.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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* Rate of reimbursement based on actual fees reimbursed 12/1/2006 to 8/31/2009.

 
 

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