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Certificates of Deposit Rates

Skowhegan Savings offers deposit accounts that fit your banking needs for your short or long-term savings goals. With a Certificate of Deposit you’ll have peace of mind by locking in a competitive interest rate that is guaranteed for the term of the account.

Our Certificates of Deposit offer:

  • Various terms to meet your needs
  • Fixed rate for each term

All interest rates and Annual Percentage Yields are effective as of the date below and may change
at the Bank's discretion.

Rates Effective: March 10, 2010

Certificate of Deposit Special Rates for Integrity Plus Checking Customers

Account Minimum Deposit to Open Minimum Balance to Earn APY Interest Rate Annual Percentage Yield (APY)
9 Month CD $1,000 $1,000 1.00% 1.00%
18 Month CD $500 $500 1.14% 1.15%
4 Year CD $500 $500 2.76% 2.80%


Other Terms and Rates:

Account Minimum Deposit to Open Minimum Balance to Earn APY Interest Rate
Annual Percentage Yield (APY)
91 Day CD $2,000 $2,000 0.30% 0.30%
6 Month CD $1,500 $1,500 0.50% 0.50%
1 Year CD $500 $500 1.00% 1.00%
2 Year CD $500 $500 1.49% 1.50%
3 Year CD $500 $500 1.98% 2.00%
5 Year CD $500 $500 2.47% 2.50%
Annual percentage yields assume interest remains on deposit. A penalty will be imposed for withdrawals before maturity.