Money Market

What Should You Do with Your Extra Money?

In today’s unpredictable financial landscape, securing your assets while still earning a competitive return is crucial. Aroostook Savings & Loan’s Money Market Account offers you the best of both worlds—liquidity and higher interest rates—making it the ideal choice for those who want to conservatively grow their savings.

Why Choose a Money Market Account?

Our Money Market Account is designed to provide you with easy access to your funds while rewarding you with higher interest rates. With tiered interest rates, the more you save, the more you earn:

• $100,000 and Over
• $50,000 to $99,999.99
• $10,000 to $49,999.99
• $2,500 to $9,999.99
• Under $2,500

Click here for current rates

Flexible Access and Low Fees

You can make up to six transactions per month to third parties, allowing you to manage your money as needed without sacrificing interest. Deposits and withdrawals made within the bank or at an ATM are unlimited, giving you the flexibility to access your funds anytime.

• No Service Charge: Maintain a balance of $1,000 or more, and you’ll avoid any monthly service fees.
• Low Fees: If your balance falls below $1,000, a small monthly service charge of $6 applies. Additionally, for balances under $1,000, there’s a minimal fee of $0.20 per transaction.

Competitive Interest Rates

Interest is compounded continuously and posted monthly, ensuring that your savings grow consistently. Our interest rates are subject to change, allowing you to take advantage of favorable market conditions.

Monthly Statements

Stay informed with detailed monthly statements that include images of your paid checks. This transparency ensures you have a clear view of your account activity.

Start Growing Your Savings Today

Aroostook Savings & Loan’s Money Market Account is the perfect way to protect and grow your savings while keeping your funds accessible. Visit one of our branches in Presque Isle or Caribou to open your Money Market Account today.

Schedule of Fees – Money Market Account

• Balance Below $1,000: Flat fee of $6.00 per month.
• Per Item Paid (Balance Below $1,000): $0.20 per transaction.

In addition to the monthly service charge fees, there are general service fees that may apply. At our discretion, the above fees are subject to change at any time.