The First, N.A. was founded in 1864.  The First is an independent community bank serving Mid-Coast and Down East Maine with 14 offices in Lincoln, Knox, Hancock and Washington Counties.  The bank provides a full range of consumer and commercial banking products and services.  First Advisors, a division of The First, provides investment advisory, private banking and trust services from two offices in Lincoln and Hancock Counties.

The First, N.A. that provides banking services primarily for small businesses and individuals.  The bank accepts various deposit products, including savings accounts, negotiable order of withdrawal accounts, demand deposits, money market accounts, and certificates of deposit.  The company also offers commercial loans, state and municipal loans, residential mortgage loans, home equity lines of credit, residential adjustable-rate mortgages, consumer loans, and fixed-rate loans.  In addition, the bank provides credit card servicing, ATM processing, private banking, and investment management and trust services.

As of December 31, 2008 the bank had assets of $1,294,504,000.  Through all of 2008 the bank earned $14,161,000.  The bank’s core capital ratio is 6.90%, tier 1 risk based capital ratio is 10.09 and the total risk based capital ratio is 11.10%.

The First has CDs that provide a savings choice when you would like a higher interest rate and don’t need urgent access to the savings.  The bank CDs have a variety of fixed interest rate terms, competitive rates of interest and interest is compounded daily.  The bank CD flexible terms run from one month to five years.  The CD fixed interest rates help avoid market fluctuations.  There is an automatic renewal option available on all selected accounts.  The CDs have a $500 minimum balance to earn the listed rate and APY.

1 month certificate of deposit rate is 1.00% APY
3 month certificate of deposit has an interest rate of 1.25% APY
6 month certificate of deposit earns a rate of 1.50% APY
1 year certificate of deposit has an interest rate of 1.85% APY
18 month certificate of deposit yields a rate of 2.00% APY
2 year certificate of deposit rate is 2.25% APY
3 year certificate of deposit has a rate of 3.00% APY
4 year certificate of deposit earns an interest rate of 3.25% APY
5 year certificate of deposit rate is 3.50% APY
The bank is also offering a special 7 month CD rate of 1.75% APY
And a Select Access 14 month CD with a rate of 2.25% APY

There is a minimum deposit of $2500.00 for Select Access CDs.  A withdrawal of interest will reduce CD interest earnings; all interest earned must remain on deposit for twelve months in order to obtain the disclosed APY.  Posted CD interest rates and APY are accurate as of today.  CD interest rates and APYs are variable at the discretion of the Bank and may change at any time.  For current CD rates and additional account information, a bank representative can be reached at 800-564-3195.  Bank CD rates as well as other rate data are available on the bank website located at www.the1st.com.

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