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Norway Savings Bank Rates & Review March 2026

Norway Savings Bank's Premium CDs / IRAs 5 Years rates are at 1.11%, Basic CDs/IRAs 5 Years rates are at 0.95%, Premium CDs / IRAs 4 Years rates are at 0.70%, Basic CDs/IRAs 4 Years rates are at 0.65%, Premium CDs / IRAs 3 Years rates are at 0.60%. Norway Savings Bank's savings rates are at 0.01%. Norway Savings Bank's money market rates are at 0.03%. MonitorBankRates evaluates the financial stability of Norway Savings Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.74%. Rates were last updated on 03/28/2026.

Norway Savings Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Norway Savings Bank? Share your experience about Norway Savings Bank by leaving a review below, or read customer reviews before you decide to use Norway Savings Bank.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
0.74%
Excellent Lower than avg
Norway Savings Bank
261 Main St
Norway, ME 04268
https://www.norwaysavings.bank
Member FDIC

Norway Savings Bank CD Rates

Product Rate APY Term View More
Premium CDs / IRAs 5 Years 1.10% 1.11% 5 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 5 Years 0.95% 0.95% 5 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 4 Years 0.70% 0.70% 4 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 4 Years 0.65% 0.65% 4 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 3 Years 0.60% 0.60% 3 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 3 Years 0.50% 0.50% 3 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 2 Years 0.40% 0.40% 2 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 2 Years 0.30% 0.30% 2 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 1 1/2 Years 0.30% 0.30% 1 1/2 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 1 1/2 Years 0.25% 0.25% 1 1/2 Years
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 18 month Variable 0.25% 0.25% 18 Months Variable
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 1 Year 0.25% 0.25% 1 Year
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 1 Year 0.20% 0.20% 1 Year
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 6 Month 0.20% 0.20% 6 Month
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 6 Month 0.15% 0.15% 6 Month
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Premium CDs / IRAs 91 Day 0.15% 0.15% 91 Day
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic CDs/IRAs 91 Day 0.10% 0.10% 91 Day
Min Deposit $500
Min Balance $500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%

Norway Savings Bank Savings Rates

Product Rate APY View More
inBusinessTM Money Market Savings2 0.40% 0.40%
Min Balance $250,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.30% 0.30%
Min Balance $100,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Health Savings Account 0.20% 0.20%
Min Balance $50,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Health Savings Account 0.15% 0.15%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Savings Solutions 0.15% 0.15%
Min Balance $100,000
Details 1
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Health Savings Account 0.12% 0.12%
Min Balance $10,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.10% 0.10%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Premium Savings1 0.10% 0.10%
Min Balance $50,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Savings Solutions 0.10% 0.10%
Min Balance $50,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Premium Savings1 0.08% 0.08%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Savings Solutions 0.08% 0.08%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Health Savings Account 0.07% 0.07%
Min Balance $5,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Premium Savings1 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
IRA Savings 0.05% 0.05%
Min Balance $25
Details 2
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Savings Solutions 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Basic Savings: Statement, Go>2 or Holiday/Passbook 0.03% 0.03%
Min Balance $25
Details 234
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Health Savings Account 0.03% 0.03%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Premium Savings1 0.03% 0.03%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Savings Solutions 0.03% 0.03%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.01% 0.01%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%

Norway Savings Bank Money Market Rates

Product Rate APY View More
inBusinessTM Money Market Savings2 0.40% 0.40%
Min Balance $250,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.30% 0.30%
Min Balance $100,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Money Market Accounts 0.15% 0.15%
Min Balance $100,000
Details 2
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.10% 0.10%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Money Market Accounts 0.10% 0.10%
Min Balance $50,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Money Market Accounts 0.08% 0.08%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Money Market Accounts 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Money Market Accounts 0.03% 0.03%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
inBusinessTM Money Market Savings2 0.01% 0.01%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%

Norway Savings Bank Checking Rates

Product Rate APY View More
Full Solutions Checking 0.50% 0.50%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Flexible Solutions Checking 0.20% 0.20%
Min Balance $250,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Flexible Solutions Checking 0.15% 0.15%
Min Balance $100,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Full Solutions Checking 0.15% 0.15%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Flexible Solutions Checking 0.10% 0.10%
Min Balance $25,000
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Flexible Solutions Checking 0.05% 0.05%
Min Balance $2,500
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Flexible Solutions Checking - 0.00%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%
Full Solutions Checking - 0.00%
Min Balance $0
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%

Norway Savings Bank Home Equity & HELOC

Product Rate Points APR Term View More
CustomLOCK SM Home Equity Line of Credit - - 6.50%
Details Special rate offer is based on Prime plus -0.25%
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.74%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Norway Savings Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Norway Savings Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Norway Savings Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Norway Savings Bank
Bank Holding Company NORWAY BCORP MHC
Address 261 Main St, Norway, ME 04268  ·  Oxford
FDIC Certificate # 17658
Established 01/01/1866
FDIC Insurance Date 07/27/1956
Domestic Offices 25
Total Branches 25
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 100/100
5.0
Exceptional Out of 5.0 Stars
0.74%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.6558%
Return on Equity (ROE) 6.2200%
Non-Performing Loans (NPL) 0.07%
Total Assets $2,082,168,000
Total Deposits $1,594,662,000
Equity Capital $257,610,000
Net Income $20,461,000
Headquarters Norway
Total Offices 25
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Frequently Asked Questions About Norway Savings Bank

Is Norway Savings Bank a safe place to deposit money?

Yes, Norway Savings Bank is considered a safe financial institution. With a Texas Ratio of 0.73601384419869%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Norway Savings Bank operate?

Norway Savings Bank currently maintains approximately 25 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Norway Savings Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Norway Savings Bank provides members with tools to manage their accounts and build a solid financial history.

Does Norway Savings Bank offer online and mobile banking?

Most modern institutions like Norway Savings Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.norwaysavings.bank.

Current Norway Savings Bank Rates

  • 12-Month CD0.20%
  • 18-Month CD0.25%
  • 24-Month CD0.25%
  • 36-Month CD0.50%
  • 48-Month CD0.65%
  • 60-Month CD0.95%
  • Savings0.01%
  • MMA0.03%
Retrieved from our database of financial products. Rates subject to change.