Personal Savings

Create a savings plan that’s all about YOU and YOUR DREAMS. Open your Personal Savings account today!

When you trust Kennebec Federal Savings to help you grow your savings, you’ll be treated like a good friend and neighbor—never as just a bank account number. We’re local—just like you—and offer you the friendly, courteous, competent professional service you deserve. Discover the “Kennebec Federal Savings difference” as you grow your savings to meet your financial goals!

Choose from these great Personal Savings options: 

Savings Account Reward Savings Christmas Club Money Market Accounts Down-Payment Savings 

Savings Account

Steadily grow your savings with a Personal Savings account from KFS. Receive a convenient monthly statement detailing all your account activity.

  • $25 minimum opening balance
  • No monthly maintenance fee
  • Set up regular deposits or transfers from other KFS accounts and watch your balance grow
  • Check your balance, transfer funds, and more with Online Banking and Mobile Banking
  • Add a Debit Mastercard® for 24-hour ATM access*

Open an Account View Rates

*You may make six (6) transfers from your account each statement cycle period by preauthorized or automatic transfer, telephone agreement, check, debit card, or similar order (including POS transactions) payable to third parties.  Transfers and withdrawals made in person, by mail, or at an ATM are unlimited. 

Rewards Savings

Available exclusively to Rewards Checking and Feel Good Checking customers, a Rewards Savings account rewards you with a higher bonus rate on your savings account each month your checking account qualifies. See Rewards Checking and Feel Good Checking qualifications here.*

  • $25 minimum to open
  • No monthly maintenance fee
  • If qualifications are not met, you still earn interest at the base rate and the account is still free
  • Rates are tiered, subject to change at any time. Interest is compounded daily and posted to the account monthly
  • No monthly maintenance fee
  • Set up regular deposits or transfers from other KFS accounts and watch your balance grow
  • Check your balance, transfer funds, and more with Online Banking and Mobile Banking
  • Add a Debit Mastercard® for 24-hour ATM access*

Open an Account View Rates

*You may make six (6) transfers from your account each statement cycle period by preauthorized or automatic transfer, telephone agreement, check, debit card, or similar order (including POS transactions) payable to third parties. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited.

 Christmas Club Savings

Plan ahead for a wonderful holiday season by saving regularly with your special Christmas Club Account.

  • Flexible club amounts—make deposits in any amount, at any time until a week before maturity
  • Interest is paid at maturity*
  • Set up convenient automatic transfers from another KFS account and watch your balance grow

Open an Account View Rates

*If you close the account prior to maturity, your account will not earn interest.

Money Market Savings

Earn higher interest rates on your higher account balances.  Choose to get checks for your Money Market account, which will give you greater flexibility and access to your account.

  • $2,500 minimum opening deposit
  • No monthly maintenance fee when you keep a daily balance of $2,500 or more
  • Interest rates increase with your account balance
  • Available with or without checks (Limited check writing)*
  • Unlimited deposits, including direct deposit and automatic transfer from other KFS accounts
  • Set up regular deposits or transfers from other KFS accounts and watch your balance grow
  • Check your balance, transfer funds, and more with Online Banking and Mobile Banking
  • Add a Mastercard® debit card for 24-hour ATM access*

Open an Account View Rates

*You may make six (6) transfers from your account each statement cycle period by preauthorized or automatic transfer, telephone agreement, check, debit card, or similar order (including POS transactions) payable to third parties. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited.

Super Money Market Savings

Earn even HIGHER rates on your highest balances!

  • $100,000 minimum opening deposit
  • Interest is earned when you keep a daily balance of $100,000 or mor
  • Available with or without checks (limited check writing)*
  • Unlimited deposits, including direct deposit and automatic transfer from other KFS accounts
  • Set up regular deposits or transfers from other KFS accounts and watch your balance grow!
  • Check your balance, transfer funds, and more with Online Banking and Mobile Banking
  • Add a Mastercard® Debit Card for 24-hour ATM access*

Open an Account View Rates

*You may make six (6) transfers from your account each statement cycle period by preauthorized or automatic transfer, telephone agreement, check, debit card, or similar order (including POS transactions) payable to third parties. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited.

Down-Payment Savings

Do you dream of owning your own home? Turn your dream into a reality with a Down-Payment Savings Account from KFS. (1-4 family owner occupied property.)*

  • Save for your dream home while earning one of the highest interest rates in the area.
  • Meet with a Loan Officer to learn about the program, find out how much you should save, and set up a down payment program.
  • Ask if you’re eligible for a bonus equal to 100% of the interest you earn, plus $500. Bonus amount can be applied towards closing costs, or toward your down payment on your KFS home loan.
  • When you are close to realizing your down payment savings goal and purchasing your new home, a KFS Loan Officer will help you prepare to get your mortgage by prequalifying you for a loan.

CONTACT US View Rates

*Property must be located within KFS’ lending area and must be occupied as your primary residence. Business entities and purchasers of investment properties are not eligible to participate.

 

Find UsLocation & Hours Call UsToll-Free (888) 249-0606 Send aSecure Message Like Uson Facebook

Next Section

Back to Top