Personal Savings Accounts






Take root, grow strong.  Start saving today, for tomorrow.

Whether you are saving for a special purpose or life’s unpredictable necessities, we offer a variety of savings programs to meet your individual needs.  

Use our convenient calculators to plan for your financial future

 

Why save with Skowhegan Savings?

We're a local Maine bank offering an account for every stage of saving, competitive rates, easy digital access to your money and real bankers ready to help.
When you're ready to open your account you'll need a photo ID, Social Security number, proof of address and your opening deposit. 






Integrity Savings 

A simple way to start saving

Build your savings with an account designed for everyday saving and easy access to your money. 

Benefits:
  • $25.00 minimum to open
  • No service charge for customers who maintain a minimum balance of $25.00. Otherwise, pay a low monthly service charge of $1.00.
  • Free ATM transactions at all Skowhegan Savings locations
  • Quarterly statements

Integrity Money Market

Make your savings work harder

The Integrity Money Market Account is a tiered-rate account that provides the benefits of a competitive interest rate along with immediate access to your funds when you need them.

View full benefits of this account >>

 

Schedule an appointment >>

 

Integrity Plus Money Market

Relationship Banking

The Integrity Plus Money Market Account is a high yield split-rate account for the individual or business who anticipates keeping a higher balance in the account but desires liquidity.

View full benefits of this account >>

 

Schedule an appointment >>

Health Savings Account (HSA)

Save for healthcare expenses

Set money aside for qualified healthcare expenses while enjoying the potential tax advantages of an HSA.

Explore our health savings option >>

 

Schedule an appointment >>

Family getting into their car with their dog

Club Account

Save for something special

Set money aside throughout the year for holidays, vacations or whatever you're looking forward to. 

  • $1.00 minimum to open
  • Free online, mobile and telephone banking
  • Free Debit Mastercard®

"Skowhegan Savings is always so kind, thoughtful and listens to what I need done. Thank you for great service!"

– Skowhegan Savings Customer



"Many years of satisfaction with the service we receive. Thank you!"

– Skowhegan Savings Customer

"Very fast and friendly service, with several people offering to help with our needs. We have always been happy with Skowhegan Savings and appreciate the warm, welcoming staff."

– Skowhegan Savings Customer



View and compare the benefits of our savings accounts

Savings vs. Money Market - what's the difference
Integrity Savings is best for smaller balances just getting started. Money Market and Integrity Plus Money Market pay higher, tiered rates as your balance grows.

Integrity Savings

Integrity Money Market

Integrity Plus Money Market

Health Savings Account (HSA)

Club Account
Earns Interest
 Yes
 Yes Yes Yes Yes
Minimum Balance to Open $25
 $2,500
 $2,500
 $50 $1
Minimum Monthly Average Daily Balance
to Waive Service Charge
 $25
 $2,500
 $2,500
 $500 N/A
Monthly Service Charge if Balance
is Below Minimum Average
 $1*
 $10
 $10
 $2.95 N/A

ATM Transactions
Free at all
Skowhegan Savings
locations
Free at all
Skowhegan Savings
locations
Free at all
Skowhegan Savings
locations
Free at all 
Skowhegan Savings
locations
No
Free Online, Mobile & Telephone Banking
 Yes
 Yes Yes Yes Yes
Check Writing
No
Limited each
Statement Cycle
Limited each
Statement Cycle
Yes
No
Free Debit Mastercard®
Yes
Yes
Yes
Yes
Yes
For all terms and conditions, see full disclosure provided at account opening.
*Free for those 18 years of age or under.


For the needs of today and dreams of tomorrow

Checking Account
Our checking accounts are designed to make it easy to manage your finances - wherever you’re at in life.
 

Digital Banking
Our online and mobile banking make managing your finances easy, intuitive and simple.
 
 
Home Loan
Whether you are a first-time home buyer or an experienced homeowner, we are here to help you achieve your dreams. 
 
Personal Loan
Get the money you need for whatever is next in your life with help from Maine lenders.
 
 
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Skowhegan Savings – Personal Savings Account FAQs

What is a Skowhegan Savings personal savings account?
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A Skowhegan Savings personal savings account helps you safely grow your money while keeping it easily accessible. You’ll earn interest, enjoy secure online and mobile banking, and benefit from a local team ready to support your financial goals.

What do I need to open a savings account at Skowhegan Savings Bank?
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You’ll need a valid photo ID, your Social Security Number, proof of address, and an opening deposit (varies by account). You can open an account online or visit any of our Maine branches.

How much interest can I earn on a Skowhegan Savings account?
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Interest rates vary by account type and current market conditions. Whether you choose an Integrity Savings, or Money Market account, you’ll earn competitive rates designed to help your balance grow.

Is there a minimum balance requirement?
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Skowhegan Savings accounts have low or no minimum balance requirements. Some accounts may require a specific balance to avoid a monthly service charge or to earn higher interest.

How do I make deposits into my savings account?
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You can deposit funds through mobile check deposit, direct deposit, transfers from another Skowhegan Savings account, in-branch deposits, or at select ATMs.

Can I transfer money between my checking and savings accounts?
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Yes. You can transfer funds instantly using online banking, mobile banking, or by visiting a branch. You can also set up automatic transfers to help build your savings consistently.

Is my money safe with Skowhegan Savings?
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Absolutely. Deposits are FDIC insured up to $250,000 per depositor, and we use advanced security measures — including encryption, secure logins, and fraud monitoring — to protect your accounts.

How do I access my Skowhegan Savings account online?
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You can access your savings account anytime through our secure online banking platform or mobile app. View balances, transfer funds, set alerts, and manage your account from anywhere.

Can I use my savings account for overdraft protection?
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Yes. You can link your Skowhegan Savings savings account to your checking account to automatically cover overdrafts and help avoid unnecessary fees.


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See a Personal Banker for full product disclosure.


*Third party fees may apply.