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Maine Bank Facts, Financials, News and Rates

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  • About Maine:
    There are 483 bank branches located in Maine, as well as 29 banks that are headquartered there.
  • Maine ranks 39th in the U.S. for banking size, due to the fact that the banks in ME have a combined asset size of $42 Billion.
  • The largest bank in Maine is TD Bank USA, National Association. TD Bank USA, National Association has 58.11 % of the banking assets in ME. In comparison, the smallest bank in Maine is Bar Harbor Savings and Loan. Bar Harbor Savings and Loan has an asset size of $43 Million.
  • Between the banks headquartered in Maine, there are a total of 29, 3,997 people are employed full-time.
  • While the average APY on a 12 month certificate of deposit in Maine is 0.61 %, the overnight auction rate at MoneyAisle for a 12 month bank CD was 1.70 %! Try it out for yourself: Compare the live auction rates on MoneyAisle to the average rate offered in Maine!

Maine Banks - Fast Facts

  • Banks HQ in ME: 29
  • Number of ME Branches: 483
  • Average Branch Deposit Size: $39 Million
  • ME HQ Banks Employ : 3,997 full-time employees
  • ME HQ Banks Assets: $42 Billion
  • Biggest Bank HQ in ME (Assets): TD Bank USA, National Association
  • Smallest Bank HQ in ME (Assets): Bar Harbor Savings and Loan
  • % of US Bank Assets: 0.31 %

Data from FDIC as of 3/31/2009

Banks Headquartered in Maine

(Largest Banks by Asset Size)

Banks with Branches in Maine

(Largest Banks by Asset Size)

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Recent National Live Auction CD Rates
for March 20, 2010

Term National Avg APY* Overnight
Auction APY†
High-Yield Savings Account Rates 0.20% 1.50%
3 Month CD Rates 0.29% 1.01%
9 Month CD Rates 0.69% 1.26%
1 Year CD Rates 0.69% 1.70%
2 Year CD Rates 1.16% 2.06%

More National CD Rates

Show me CD Rates offered to people from my state:

*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

* Annual Percentage Yield ("APY")