Savings

Start Building Your Savings Today

At Aroostook Savings & Loan, we believe that everyone should have access to a secure and rewarding savings account. Whether you’re saving for a rainy day, a big purchase, or your future, our personal savings accounts are designed to help you reach your financial goals with ease. With competitive interest rates, no monthly service fees, and easy access to your funds, saving has never been more straightforward.

Statement Savings Account

Enjoy 24/7 access to these FREE services that are available to complement your Savings Account:

  • No Minimum Balance: Open your account with any amount and start saving right away. There’s no minimum balance required, so you can grow your savings at your own pace.
  • Competitive Interest Rates: Earn interest on your balance, with rates that help your money grow over time. Interest is compounded continuously and posted monthly.
  • Free Digital Access: Manage your savings online or on the go with our free online banking and mobile app, making it easy to check your balance, transfer funds, and more.
  • Surcharge-Free ATM Access: Enjoy the convenience of accessing your savings at thousands of SUM ATMs nationwide without any surcharge fees.

Why Choose Aroostook Savings & Loan for Your Savings?

  • Community-Focused: As the only mutual association in Aroostook County, your deposits are reinvested into our local community, supporting local businesses, families, and growth.
  • No Hidden Fees: We believe in transparent banking. That’s why our savings accounts come with no hidden fees, so you can save more of what you earn.
  • Personalized Service: Our friendly, knowledgeable staff are here to help you choose the savings account that best fits your needs and financial goals.

How to Open a Savings Account

Opening a savings account with Aroostook Savings & Loan is easy. Visit one of our branch locations in Presque Isle or Caribou, and our friendly team will help you take the first step toward a brighter financial future.

Have questions? We’re here to help. Contact us today to learn more about our personal savings account.

Important information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.