Certificates
of Deposit and Individual Retirement Accounts
Skowhegan Savings offers many options for your longer term savings and retirement
goals. With a fixed rate of interest, you can count on
competitive rates and a variety of terms to plan for your
future needs.
Club Accounts
Club accounts are an easy, systematic way to save for the holidays and other
yearly expenses by making weekly deposits.
Safe
Deposit Boxes
A
safe deposit box is a great place to store valuables
at a low annual cost. With a safe deposit box, you
will have peace of mind knowing that only you
have access to your
belongings.
Safe deposit boxes are available in several different
sizes
at most of our locations.
Debit
MasterCards®
Skowhegan
Savings Debit MasterCards® can be used just like a check
anywhere that Mastercard® is accepted. A debit card can be
used to
pay for purchases, meals, gas, and more. A Debit MasterCard®
deducts the
amount
of any purchase directly from your checking account and
can also be used to get cash from an ATM. Debit MasterCards®
are available to checking account customers at no charge.
Traveler's
Checks
If
you are traveling across the country or around the world,
take American Express traveler's checks with you instead
of cash! Travel with
the security of knowing that if your traveler's checks
are lost or stolen, American Express will replace them.
Traveler's checks are available in denominations of $20,
$50, and $100 for a nominal fee.
Savings
Bonds
Skowhegan Savings offers a variety of savings bonds as another option for saving
for your children's college education or for your retirement.
Backed by the U.S. Treasury, savings bonds can also be
replaced if lost or stolen.
Savings bond options include:
Series EE Bonds: Series EE bonds are purchased at half their face value. They
are available in $50, $75, $100, $200, $500, $1000, $5000
and $10,000 denominations. The earnings rate on an EE bond
is 90% of the five year Treasury yield and is subject to
change twice yearly. Some purchase limitations apply.
Series I Bonds: Series I bonds are purchased at face value and are available
in denominations of $50, $75, $100, $200, $500, $1000,
$5000 and $10,000. The earnings rate is based on a fixed
rate of return and a semi-annual inflation rate based on
the Consumer Price Index. The rate applies for the entire
life of the bond. Some purchase limitations apply.
Other Services
The following services are also available at all offices:
- Money Orders
- Treasurer's Checks
- Direct Deposit
- Night Deposit Drop Boxes
- Notary Public
- Wire Transfer
- Foreign Currency Exchange
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