Skip to content

Savings Accounts

Whether you are saving for the short term, or planning for your future, we offer competitive dividend rates and savings account options that work for you!

Deposit-Maine- savings account

Find the account that works for you


Member Savings

Membership is ownership! The first step to starting a financial relationship with Midcoast starts with opening a Member Savings account.

  • $5.00 minimum opening deposit
  • Overdraft protection for your checking account
  • Your funds are federally insured
Special Purpose Savings clubs -save for emergencies, trips, weddings, home repairs

Special Purpose Savings

If you have a specific savings goal in mind, a Special Purpose Savings “Club” account is a convenient tool to help you stay on budget while you save small amounts to achieve it.

  • Open and manage online
  • Transfer funds automatically
  • No minimum balance or service fee
Sprout youth savings account 0-11

Sprout Savings

Growing children into financially successful adults starts with giving them a little independence with a Sprout Savings Account.

  • For ages 0 through 11
  • Self-titled savings clubs for bikes, etc.
  • Annual birthday greeting & surprise
Thrive teen account age 12-17

Thrive Savings

Teens with earnings from part-time jobs and chores learn responsible banking and the value of saving with a Thrive Savings Account.

  • For ages 12 through 17
  • Added safeguards and parental controls
  • No monthly fees
Health Savings account - save for unexpected medical

Save for medical emergencies with a Health Savings Account

Prepare for unforeseen health-related expenses and earn interest while you save to meet your health insurance deductible.

Peak Money Market - Earn returns and retain access to your money

Save more with Midcoast’s Peak Money Market Account

Looking for a great rate to grow your money? Look no further. You can achieve the highest of dividends while retaining easy access to your money with our Peak Money Market Account!

Your Peak Money Market account includes:

Powered with check writing, you can make limited transfers per month in person, by draft or online and still reap the benefits of the Peak MMA.

Tiered dividend structure

The higher your balance, the more you’ll earn! Maximize the interest on your deposits with our four (4) tier high-yield dividend rate structure.

Access to funds with eServices

Write personalized checks, make ATM withdrawals, online transfers, or in-person withdrawals. You have full access to your money if you need it!

Co-op shared branching

We’ve partnered with over 5,700 credit union locations nationwide to allow you surcharge-free access to your Midcoast accounts all across the country.

View your Peak balance any time

Keep tabs on your rising balance via Midcoast’s Digital Banking platform.

Digital Banking from home.

With Midcoast, you’re always connected

Interact with us and manage your accounts in all the ways that work best for you. Our Digital Banking platform has the same look, feel, and functionality across all of your devices: computer, tablet, and mobile device.

Manage (almost) everything online.

Access your account and all the smart, self-service features that come with it, from any device: smartphone, tablet, or desktop.

  • Bill Pay
  • eAlerts
  • Credit report monitoring
  • Mobile check deposit
  • Report a lost or stolen card
  • Replace your card
  • Auto-finder car search
  • Money transfers
  • Account aggregation
  • Financial wellness
  • Loan applications 
  • eStatements
  • Mobile Wallet
  • Skip-a-pay request

Related Products