Bank · FDIC insured
Kennebec Savings Bank
A $1.9B bank headquartered in Augusta, ME, with 8 branches in Maine. Best rates: CDs 3.25% and savings 0.10% APY.
Kennebec Savings Bank Carrot Score
62
Carrot Score
Higher than 7% of U.S. banks and credit unions
#17 of 19 in Augusta, ME metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Kennebec Savings Bank
Founded in 1870, Kennebec Savings Bank is a state-chartered community bank that operates as part of a mutual organization.
Headquartered in Augusta, the bank operates locations across Farmingdale, Freeport, Portland, Waterville, and Winthrop, serving 35 Maine communities.
- Headquarters
- 150 State St, Augusta, ME 04330
- FDIC certificate
- 17897 ↗
Branches
8 branches in Maine
Loading map…
Maine
8 branches
Augusta area · 6
- Kennebec Savings BankMain office150 State St, Augusta, ME 04330Directions
- Farmingdale Branch1 Northern Ave, Farmingdale, ME 04344Directions
- Granite Hill Estates BranchGranite Hill Estates, 60 Balsam Drive, Hallowell, ME 04347Directions
- Washington Street Branch11 Washington St, Waterville, ME 04901Directions
- Waterville Branch226 Main St, Waterville, ME 04901Directions
- Winthrop Branch84 Main St, Winthrop, ME 04364Directions
Portland area · 2
- Freeport Branch Office181 Lower Main St, Freeport, ME 04032Directions
- Portland Branch53 Baxter Boulevard, Portland, ME 04103Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 13.96% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.46% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.36% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $111 | $88 | — |
- CapitalLeverage ratio13.96%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.46%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.36%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$111Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Kennebec Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.