Katahdin Trust Company logo

Money Market

Earn higher interest than a traditional savings account while maintaining immediate access to your funds.

 Money MarketMoney Market PlusEvergreen

Minimum to open

$50

$10,000

$35,0001

Minimum to earn interest

$750

$750

$.01

Deposits and withdrawals allowed2

check mark

check mark

check mark

Free personalized checks and
deposit slips

check mark

check mark

check mark

1Minimum deposit required to open from funds not currently on deposit with Katahdin Trust Company. 2Unlimited deposits and withdrawals/transfers made in person or at ATM. Up to six transfers per statement cycle - includes Easy Phone Banking, Online Banking, preauthorized transfer, check, or similiar orders to pay third parties.

View Rates

You'll earn higher interest rates at higher balance levels, and have the peace of mind that comes from knowing your money is available when you need it. All with no monthly maintenance fee.

  • Earn more interest as your balance grows
  • Unlimited deposits
  • Unlimited ATM and in-person withdrawals/transfers
  • Up to six transfers per statement cycle, including Easy Phone Banking, Online Banking, preauthorized transfer, check, or similar orders to pay to third parties
  • $750 minimum daily balance required to earn interest
  • Only $50 to open

For customers with $10,000 or more to invest, it pays an even higher rate of interest than our traditional Money Market.

  • Earn more interest as your balance grows
  • Unlimited deposits
  • Unlimited ATM and in-person withdrawals/transfers
  • Up to six transfers per statement cycle by Easy Phone Banking, Online Banking, preauthorized transfer, check, or similar orders to pay to third parties
  • $750 minimum daily balance required to earn interest
  • $10,000 to open
Maintain an average daily balance of $10,000 during the statement cycle to avoid a monthly maintenance fee of $10.00.

Our highest paying money market with flexibility and immediate access to your funds. For customers with $35,000 or more to invest from funds not currently on deposit with Katahdin Trust Company.

  • Our top-of-the-line money market account
  • Earn interest on your entire balance
  • Unlimited deposits and unlimited ATM and in-person withdrawals/transfers
  • Up to six transfers per statement cycle, including Easy Phone Banking, Online Banking, preauthorized transfer, check, or similar orders to pay to third parties
  • $35,000 to open from funds not currently on deposit at Katahdin Trust Company
Maintain an average daily balance of $35,000 during the statement cycle to avoid a monthly maintenance fee of $15.00.

Free Services

  • Free personalized checks (3) and deposit slips (8)
  • Free detailed monthly statement shows deposits, withdrawals, and interest earned
  • Free direct deposit available
  • Free automatic transfer service available (refer to limits above)
  • Free Online Banking
  • Free 24-Hour Easy Phone Banking 

Insured Cash Sweep (ICSsm)

Looking for a way to keep large deposits safe? Receive full FDIC insurance on large deposits in excess of $250,000 while enjoying the convenience of working with one bank. Click here to learn more about ICS.

 
Please refer to our "Fees for General Services" brochure for additional fees that may apply.

Community Banking, since 1918.