Personal Savings. The Foundation For Success.

Life goals can take years and plenty of planning to accomplish. Our smart personal savings products can help you get there faster.

All of our personal savings accounts offer:

  • Free online banking
  • Free mobile banking and access to our iPhone® and Android™ apps
  • Free e-Statements
  • Free automated telephone banking
  • Free access to our financial management tool and downloads to QuickBooks® and Quicken®
  • Free Camden National Bank ATM Card
  • Free ATM banking at Camden National Bank ATMs (over 60 locations)
  • Free Maine Cash Access ATM transactions (over 150 locations)
  • Overdraft sweeps
Name of Account Monthly Service Charge e-Statements Benefits
Statement Savings

Meet your savings goals by arranging automatic transfers



$1
How to Waive
$0.12 per item deposited over 20 items
Optional
  • Earns interest
Select Savings Club

Save automatically for a special occasion

$0, withdrawal before scheduled maturity date results in loss of accrued interest Optional
  • Earned interest is compounded daily and credited at maturity
  • Save via automatic transfer
  • Choose the month in which you want your account to mature. Terms are between 3 months and 12 months
Penny’s Piggy Bank Savings

A savings account for children under 18

$0 Optional
  • Earns interest
  • Piggy bank earned after 10 deposits
  • Receive free quarterly gifts while learning to save
  • Converts to a Statement Savings at age 18
Independent Money Market

A premium rate of return along with immediate access to your money

$25
How to waive
$0.10 per item deposited over 30 items
Optional
  • Earns interest
  • Tiered rate account
  • FDIC insurance up to the maximum allowed by regulation
Certificates of Deposit (CDs)

Safe, guaranteed way to save

$0, Penalty may be imposed for early withdrawal  
  • Earns interest
  • Higher rates than standard savings accounts
  • FDIC insurance up to the maximum allowed by regulation
CDARS®

Full FDIC insurance on multi-million dollar CD deposits through your banking relationship*

$0, Penalty may be imposed for early withdrawal  
  • Earns interest
  • One account
  • Single monthly statement
  • FDIC insurance up to the maximum allowed by regulation
Individual Retirement Accounts (IRAs)

Retirement security from competitive rates and flexible options

$0, Penalty may be imposed for early withdrawal  
  • Contribute when it is convenient for you
  • Fixed or variable rate options
  • Choose from Traditional, Roth, SEP or Education IRAs
  • Rollovers and transfers from other qualified plans are welcome

*Limits apply. Funds may be submitted for placement through CDARS® only after a depositor enters into the CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us through CDARS®. Rates, deposit limits and terms are subject to change.
 

“How to Waive” Service charge information:

Statement Savings: Independent Money Market:
No monthly service charge with one of the following:
  • A minimum daily balance of $200; or
  • $5,000+ in CD or Money Market accounts is maintained as of the last day of the month; or
  • $2,500+ in total combined savings balances; or
  • If you are under age 18 or over 55 years of age
No monthly service charge with one of the following:
  • A minimum daily balance of $5,000


Camden National Bank, Member FDIC, Equal Housing Lender Equal Housing Lender, Equal Opportunity Employer — © 2014 Camden National Corporation, All Rights Reserved.

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