An easy way to save.
If you are looking for a stand-alone savings account, our Statement Savings is for you! With this account, there is no need to have a checking account with us. Benefits include:
- Earns interest on balances $25+
- Tiered interest rates
- $25 minimum to open
- No monthly service charge
- Free ATM card
- Free ATMs worldwide1
- Free online banking with Bangor Online featuring eStatements, Money Management, and text banking
- Free mobile banking with the Bangor Mobile app featuring mobile deposit and account notifications
- Fiduciary version available for those that require representative payee, parent and next friend, or uniform transfer to a minor account
Open Your Statement Savings Account Today!
Open your new account online or in-person at your closest branch.
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A low minimum balance and daily compounding make it easy to save. To learn more about our statement savings product click here, call your local branch, email us at bangorsupport@bangor.com, or call 1.877.226.4671. These rates are also applicable to the fiduciary version of this account.Print
Balance Tiers Interest Rate Annual Percentage Yield Balance Tiers
0 - $24.99Interest Rate
0.00%Annual Percentage Yield
0.00%Balance Tiers
$25 - $999.99Interest Rate
0.05%Annual Percentage Yield
0.05%Balance Tiers
$1,000 - $4,999.99Interest Rate
0.05%Annual Percentage Yield
0.05%Balance Tiers
$5,000 - $24,999.99Interest Rate
0.05%Annual Percentage Yield
0.05%Balance Tiers
$25,000 and overInterest Rate
0.05%Annual Percentage Yield
0.05%Rate Disclosures & Information
Interest rates and annual percentage yields are accurate as of September 19, 2024. Interest will be compounded daily and credited to your account monthly. We use the daily balance method to calculate the interest on your account. Annual percentage yields assume interest remains on deposit. The rates may change after the account is opened. Fees may reduce earnings on the account. Regular Statement Savings accounts require a $25 minimum opening deposit.
For all qualifications and considerations, please see Statement Savings Terms & Conditions in the Important Information About Your Account.
1For certain international ATM withdrawals, due to technical limitations, we will automatically reimburse $3.00 of an ATM fee charged within three (3) business days. In those instances where the fee exceeds $3.00, please bring your ATM transaction receipt to any Bangor Savings Bank branch for the remaining reimbursement. Please ask for further details before traveling abroad.