To achieve financial stability, bangor saving account is providing the CD rate extent of 3 months to 36 months and even more. These CD perspectives deliver outstanding authentication that later on is highly precise and valid for investment point of view.

The interest rate and deposit stance is also considerable that will be cleared by seeking the thorough overview of the official site.

Bangor Savings Bank CD Rates Offers

The special and concerning CD offers by bangor savings are;

6-Month CD

Key Features

  • Standard APY: 0.45%
  • Benefit Plus APY: 0.70%
  • Minimum Deposit: $500
  • Fees: No monthly fee.


  • Very short-term investment with lower APY.
  • Benefit Plus provides a slightly higher APY compared to the standard rate.

Pros & Cons

Compatible minimum depositAPY is only moderate
Not too long deposit

24 & 60-Month CD

Key Features

  • Standard APY: 0.75%
  • Benefit Plus APY: 1.00%
  • Minimum Deposit: $500
  • Fees: No monthly fee.


  • Long-term commitment with a moderate APY.
  • Benefit Plus offers a notably higher APY compared to the standard rate, making it a more attractive option for those comfortable with a more extended investment horizon.

Pros & Cons

Benefit Plus option provides even higher APYLimited liquidity horizon

Are Bangor Savings Bank CD Rates Competitive?

Bangor Savings Bank’s CD rates demonstrate a competitive edge, particularly in the shorter-term segments. 

With a Standard APY of 0.45% for a 6-month CD, and an even more attractive Benefit Plus APY of 0.70%, the bank offers a compelling option for those seeking a short-term commitment.

The 24 and 60-month terms, with Standard APYs of 0.75% and Benefit Plus APYs of 1.00%, respectively, position Bangor Savings Bank as a competitive choice for individuals considering longer investment horizons. 

The inclusion of the Benefit Plus option across all terms further enhances the bank’s competitiveness, providing customers with the opportunity to earn even higher yields compared to the standard rates

CD TermStandard APYBenefit Plus APY
6 months0.45%0.70%
24 & 60 months0.75%1.00%

Overview Bangor Savings Bank

Bangor Savings Bank was first established in 1852 and has its headquarters in Bangor, Maine. It states that its employees are its key asset, and it strives to do right by its employees so that it can get the absolute best out of them. The bank hopes this strategy will improve customer experience and benefits.

The bank is committed to serving its customers’ needs, no matter how small. From modest $500 deposits to much bigger tasks, it hopes to create the best possible yields for its customers. In this way, it also looks to serve the surrounding communities of Maine and New Hampshire.

The bank states a number of goals on its “About Us” page. One of those goals is to ‘leave things better than [they] found them.’ The bank looks to improve communities, help its customers, and foster trust between it and its clientele.

Bangor Savings Bank asserts its status as an equal opportunity employer. It iterates its commitment to racial equity on its “About Us” page, stating that people are stronger together than they are apart.


To open a Cd with Bangor Savings Bank, you must commit to an initial deposit of $500. The bank penalizes withdrawals before the ends of stipulated terms.

Those seeking to open CDs with Bangor Savings Bank must contact a local branch and speak with a representative.

Locations Bangor Savings Bank

Branches in Maine

Bangor Savings Bank has branches in the following Maine locations, among others:

  • Brunswick
  • Lewiston
  • Scarborough
  • Portland

Branches in New Hampshire

Bangor Savings Bank has New Hampshire branches in the following locations, among others:

  • Manchester
  • Concord
  • Colebrook


Is it worthwhile to consider Bangor Savings Bank CD Rates?

The worthiness of considering Bangor Savings Bank CD rates depends on your financial goals and preferences. The bank offers competitive rates, especially for shorter terms, making it appealing for those seeking flexibility and higher returns on short-term investments.

What is the reputation of Bangor Savings Bank?

Bangor Savings Bank has generally maintained a positive reputation as a community bank. It is known for its local focus, customer service, and a range of financial services.

Are the featural aspects of Bangor Savings Bank significant enough to consider it trustworthy?

Yes, Bangor Savings Bank offers features such as a low minimum deposit, online and mobile access, FDIC insurance, and no monthly fees for CD accounts. These features contribute to its trustworthiness.

How does the interest rate impact the deposit?

The interest rate directly affects the amount of interest earned on a deposit. Higher interest rates result in greater returns on your deposited funds over time, while lower rates may provide more stability but with lower returns.

What is the security authentication of Bangor Savings Bank?

Bangor Savings Bank provides security through FDIC insurance, offering protection up to the maximum amount allowed by law. This ensures that deposits are safeguarded against bank failure. Also, the bank likely employs standard security measures for online and mobile banking, such as encryption and authentication protocols, to protect customer information.