$25
Minimum to Open
&
$0
Monthly Service Charges
An easy way to save.
A stand-alone savings tool for customers who do not have a Bangor Savings Bank checking account.
- $25 minimum to open
- $25 minimum balance to earn interest
- No monthly service charges
- Tiered rate
- Free online banking with Bangor Online, including: Money Management, eStatements, and Mobile & Text Banking
- Free ATM card with free ATMs worldwide†
We offer a fiduciary version of this account for those that require representative payee, parent & next friend, or uniform transfer to minors accounts.
Open Your Statement Savings Account Today
Statement Savings
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.Bangor1 (1.877.226.4671). These rates are also applicable to the fiduciary version of this account.
| Balance Tiers |
Interest Rate* |
Annual Percentage Yield* |
|
0 - $24.99
|
0.00%
|
0.00%
|
|
$25 - $999.99
|
0.05%
|
0.05%
|
|
$1,000 - $4,999.99
|
0.05%
|
0.05%
|
|
$5,000 - $24,999.99
|
0.05%
|
0.05%
|
|
$25,000 and over
|
0.05%
|
0.05%
|
*Interest rates and annual percentage yields are accurate as of July 27, 2023. 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.