View all articles with ableBanking, a division of Northeast Bank →
| Deposits FDIC Insured | Yes |
| Insured Bank | Northeast Bank |
| FDIC Certificate # | 19690 |
| Date Established | 1872 |
| Assets | $1.23 billion |
| Loans | $0.99 billion |
| Deposits | $1 billion |
| Capital | $0.18 billion |
For a more detailed analysis of Northeast Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
| Online Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Online Money Market Account
|
0.35% | $250 | - |
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|
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 6-Month CD
|
0.25% | $1,000 | $240,000 |
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|
| One-Year CD
|
0.40% | $1,000 | $240,000 |
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|
| 2-Yr CD
|
0.45% | $1,000 | $240,000 |
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|
| 3-Yr CD
|
0.50% | $1,000 | $240,000 |
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|
| 4-Yr CD
|
0.55% | $1,000 | $240,000 |
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|
Ablebanking, a division of North East Bank, has dropped its one-year CD rate from 2.90% to 2.60%, its two-year CD rate from 3.20% to 2.65%, its three-year from 3.30% to 2.75% and its four-year from 3.40% to 2.80%. It is a surprise to see a bank lowering any CD offerings in the current environment, but they have probably done you a favor: Ablebanking's review on this website have been awful.
Customer Reviews for ableBanking, a division of Northeast Bank
Dudley
April 18, 2018 |
Worst experience of my life. Did not fund and gave $25 to my own charity.
Is this review helpful? Yes:5 / No: 1
Rob Quentin
March 28, 2018 |
Add my name to the list of people who wish they had never heard of you.
Is this review helpful? Yes:3 / No: 1
JWendell
March 19, 2018 |
I really wish I hadn't seen this rate listed here. Chasing a slightly higher rate and a $25 gift on my behalf to a charity from a bank that isn't a bank wasted my time and cost me more than I would have made had I just left my money where it was.
Is this review helpful? Yes:5 / No: 1
Dave
March 13, 2018 |
Not an online bank, but a bunch of shysters playing upon people's generosity by offering to give a token amount to charity. Give your own $25, take a tax deduction and go to Ally, Emigrant, Capital One or anywhere.
Is this review helpful? Yes:6 / No: 1
Gave $25
February 26, 2018 |
I tried to deal with this and ended up wishing I had never heard of it. Got caught in the scam of giving $25 to a charity. After 2 months of dealing with a broken transfer system, a broken website and a phone which either rang on and on or hit some woman's VM, I managed to close the account and get my money back. Never got a penny in interest. Never got confirmation of the $25 transfer to charity. Celebrated my freedom by sending $25 to my favorite charity (not on their list). Farewell to this. Would give negative stars if I could.
Is this review helpful? Yes:6 / No: 1
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