Credit union · NCUA insured
Midcoast Federal Credit Union Savings Rates
Midcoast Federal Credit Union’s best savings rate is 0.50% APY on $10,000, with its Peak Money Market Account. Rates checked October 22, 2026.
How Midcoast Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Portland, ME, where Midcoast Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Midcoast Federal Credit Union
0.50%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $50
Peak Money Market Account
Top rate
Lighthouse Credit Union
3.85%APY
- Minimum
- —
- Earns on $10,000 a year
- $385
2nd-highest rate
Northeast Bank
3.50%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $350
Midcoast Federal Credit Union savings score
78
Savings score
Higher than 45% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0001.25%
- QualifiedQualified0.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Midcoast Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Peak Money Market Account
0.50%APY
Tiered rate structure where the rate for qualifying balance tier applies to the entire account balance. Minimum balance to avoid fee and earn dividend is $2,500.00. Dividends compounded and credited monthly. Up to 6 preauthorized/electronic/check withdrawals or transfers per month.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,500 – $25,000 | 0.50% | $50 |
| $25,000 – $50,000 | 1.01% | — |
| $50,000 – $100,000 | 1.25% | — |
| $100,000 – $250,000 | 1.50% | — |
| $250,000 – $500,000 | 2.01% | — |
| Over $500,000 | 2.25% | — |
Sources (3)
- midcoastfcu.me/accounts/certificates-money-markets-iras
- midcoastfcu.me/accounts/person…th-in-savings-disclosure
- midcoastfcu.me/rates
All captured Oct 3, 2026
Member Savings
0.05%APY
Membership share / par value requirement is $5.00 to be paid and retained in share savings account. Provides overdraft protection for checking accounts.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upDividends compounded and credited monthly based on the average daily balance method. Minimum balance to avoid fee and earn dividend is $5.00.$5 and up | 0.05% | $5 | Dividends compounded and credited monthly based on the average daily balance method. Minimum balance to avoid fee and earn dividend is $5.00. |
Sources (3)
- midcoastfcu.me/accounts/personal-savings
- midcoastfcu.me/accounts/person…th-in-savings-disclosure
- midcoastfcu.me/rates
All captured Oct 3, 2026
Mortgage Escrow Account
0.05%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDividends compounded and credited monthly based on the average daily balance method.Any balance | 0.05% | $5 | Dividends compounded and credited monthly based on the average daily balance method. |
Sources (1)
- midcoastfcu.me/accounts/person…th-in-savings-disclosure · captured Oct 3, 2026
Special Purpose Savings
0.05%APY
No minimum balance or service fee. Allows automatic transfer of funds for specific savings goals.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDividends compounded and credited monthly based on the average daily balance method. No minimum balance or service fee.Any balance | 0.05% | $5 | Dividends compounded and credited monthly based on the average daily balance method. No minimum balance or service fee. |
Sources (3)
- midcoastfcu.me/accounts/personal-savings
- midcoastfcu.me/accounts/person…th-in-savings-disclosure
- midcoastfcu.me/rates
All captured Oct 3, 2026
Special-purpose accounts
Traditional and Roth Individual Retirement Accounts
Up to 0.35%APY
Individual Retirement Accounts provide tax advantages for long-term retirement savings. No minimum deposit, no maintenance fee. Automatic deposit transfers available. Traditional and Roth IRAs share identical rates and tiers.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Tier for balances $0.00 – $10,000.00. Dividends compounded and paid monthly based on average daily balance method. No minimum deposit, no maintenance fee. | 0.30% | $30 | Tier for balances $0.00 – $10,000.00. Dividends compounded and paid monthly based on average daily balance method. No minimum deposit, no maintenance fee. |
| $10,000 and upTier for balances over $10,000.00. Dividends compounded and paid monthly based on average daily balance method. No minimum deposit, no maintenance fee. | 0.35% | $35 | Tier for balances over $10,000.00. Dividends compounded and paid monthly based on average daily balance method. No minimum deposit, no maintenance fee. |
Sources (3)
- midcoastfcu.me/accounts/certificates-money-markets-iras
- midcoastfcu.me/accounts/person…th-in-savings-disclosure
- midcoastfcu.me/rates
All captured Oct 3, 2026
Health Savings Account
0.05%APY
Interest-bearing account providing tax advantages to save for health insurance deductibles and medical expenses. No minimum deposit or balance.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDividends compounded and credited monthly. No minimum deposit or balance.Any balance | 0.05% | $5 | Dividends compounded and credited monthly. No minimum deposit or balance. |
Sprout Savings
0.05%APY
For ages 0 through 11. Adult joint account owner required. Adult can control daily cash withdrawal limits. No monthly service fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upAvailable for ages 0 through 11. Adult joint account owner required. Dividends compounded and credited monthly. Minimum balance to avoid fee and earn dividend is $5.00. No monthly service fees.$5 and up | 0.05% | $5 | Available for ages 0 through 11. Adult joint account owner required. Dividends compounded and credited monthly. Minimum balance to avoid fee and earn dividend is $5.00. No monthly service fees. |
Thrive Savings
0.05%APY
For ages 12 through 17. Added safeguards and parental controls. Adult joint account owner required. No monthly service fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upAvailable for ages 12 through 17. Adult joint account owner required. Dividends compounded and credited monthly. Minimum balance to avoid fee and earn dividend is $5.00. No monthly service fees.$5 and up | 0.05% | $5 | Available for ages 12 through 17. Adult joint account owner required. Dividends compounded and credited monthly. Minimum balance to avoid fee and earn dividend is $5.00. No monthly service fees. |
Youth Special Purpose Savings
0.05%APY
For ages 0-17. Customizable titles for kids to save up for specific items or events. Adult joint account owner required. No monthly service fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAvailable for ages 0 through 17. Adult joint account owner required. No monthly service fees.Any balance | 0.05% | $5 | Available for ages 0 through 17. Adult joint account owner required. No monthly service fees. |
Who can join Midcoast Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, volunteer, or attend school in Waldo County, Knox County, Lincoln County, Sagadahoc County, Cumberland County, or the town of Durham in Androscoggin County, Maine are eligible for membership.
Family and household
- Immediate family members and individuals who share a household with eligible persons are eligible for membership.
Other ways
- Businesses and other legal entities within the field of membership are eligible for services/membership.
Cost to join
- A minimum $5.00 deposit into a Savings Account is required to start membership.
Membership information collected October 4, 2026.