Last Updated: 04/18/2025
Lincoln Maine FCU Share Deposit Savings Account
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Savings Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
0.10% - 0.25%(Verified 07/10/2024)
Minimum Opening Deposit
$25
Minimum Balance to Earn APY
$25
Lincoln Maine FCU Share Deposit Savings Account Review
Lincoln Maine FCU Share Deposit Savings Account is offered by Lincoln Maine Federal Credit Union, a credit union founded in 1960 and based in Lincoln, ME. Lincoln Maine FCU Share Deposit Savings Account are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Higher than average APY. Lincoln Maine FCU Share Deposit Savings Account has an annual percentage yield of up to 0.25%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $25.00 to earn that interest rate.
- No monthly maintenance fees. This account does not charge any monthly account fees.
Lincoln Maine FCU Share Deposit Savings Account Pros & Cons
| Pros | Cons |
|
|
Lincoln Maine FCU Share Deposit Savings Account FAQ
Are savings accounts from Lincoln Maine Federal Credit Union federally insured?
Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
Does Lincoln Maine Federal Credit Union offer a signup bonus?
Lincoln Maine FCU Share Deposit Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Lincoln Maine FCU Share Deposit Savings Account?
The minimum deposit to open a Lincoln Maine FCU Share Deposit Savings Account is $25.00.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $25.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $25.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Lincoln Maine FCU Share Deposit Savings Account offer?
Lincoln Maine FCU Share Deposit Savings Account offers a variable APY starting at 0.10% and ranging up to 0.25% (APY stands for annual percentage yield, rates may change).
What fees does Lincoln Maine FCU Share Deposit Savings Account charge?
Lincoln Maine FCU Share Deposit Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
- Outgoing domestic bank transfers come with a $20.00 fee.
- Outgoing international bank transfers come with a $40.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
- Lincoln Maine FCU Share Deposit Savings Account charges a $10.00 fee for an early account closure. Contact Lincoln Maine FCU Share Deposit Savings Account for more details on what is considered an early closure.
- An overdraft on your account will trigger a $25.00 fee per item.
- Lincoln Maine FCU Share Deposit Savings Account charges $5.00 every time you request a paper statement.
Does Lincoln Maine FCU Share Deposit Savings Account charge overdraft fees?
Yes, Lincoln Maine FCU Share Deposit Savings Account charges a $25.00 overdraft fee. Lincoln Maine FCU Share Deposit Savings Account offers overdraft protection at a cost of $3.00 per transaction. This overdraft protection fee is charged every time the bank arranges a transfer from another one of your accounts, typically a savings account, to cover the overdraft.
What features and perks does Lincoln Maine FCU Share Deposit Savings Account offer?
This savings account includes the following features:
- Mobile Banking Services - Lincoln Maine FCU Share Deposit Savings Account allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Lincoln Maine FCU Share Deposit Savings Account?
Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.
What is the customer support email for Lincoln Maine FCU Share Deposit Savings Account?
The customer support email for Lincoln Maine FCU Share Deposit Savings Account is lmfcu@lincolnmainefcu.com.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
8:30AM - 4:00PM
Tuesday
8:30AM - 4:00PM
Wednesday
8:30AM - 4:00PM
Thursday
8:30AM - 4:00PM
Friday
8:00AM - 5:00PM
Saturday
9:00AM - 12:00PM