Deposit Account Rates
Effective 11/17/22
Money Market Accounts
| Type of Account | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Balance to obtain APY* |
|---|---|---|---|---|
| Money Market | $1,000 | 0.10% 0.15% 0.35% 0.50% | 0.10% 0.10% -0.14% 0.14-0.25% 0.25-0.50% | $0.01 - $9,999.99 $10,000 - $49,999.99 $50,000 - $99,999.99 $100,000+ |
| Max Money Market | $1,000 | 0.20% 0.40% 0.60% 0.90% | 0.20% 0.40% 0.60% 0.90% | $0.01 - $249,999.99 $250,000 - $499,999,99 $500,000 - 1,000,000 1,000,000+ |
Savings Accounts
| Type of Account | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| Smart Savings + Adventure Savings** | $10 | 0.08% 0.15% 0.20% 0.30% | 0.08% 0.08% - 0.12% 0.12% - 0.16% 0.16% - 0.30% | $0.01 - $9,999.99 $10,000 -$24,999.99 $25,000 - $49,999.99 $50,000+ |
| Health Savings Account** | $10 | 0.03% 0.05% 0.07% | 0.03% 0.05% 0.07% | $0.01 - $2,499.99 $2,500 - $19,999.99 $20,000+ |
| Statement Holiday Clubs | $10 | 0.15% | 0.15% | $10 |
IRA Certificates of Deposit
| CD Term | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| 12 Months | $500 | 1.00% | 1.01% | $500 |
| 18 Months | $500 | 2.50% | 2.53% | $500 |
| 24 Months | $500 | 1.50% | 1.51% | $500 |
| 30 Months | $500 | 1.70% | 1.71% | $500 |
| 36 Months | $500 | 1.80% | 1.82% | $500 |
| 48 Months | $500 | 1.90% | 1.92% | $500 |
| 60 Months | $500 | 2.00% | 2.02% | $500 |
IRA Money Market
| Minimum Opening Balance | Balance | Interest Rate | Annual Percentage Yield | Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| $50 | $0.01 - $49,999 | 0.20% | 0.20% | $50 |
| $50 | $50,000+ | 0.25% | 0.25% | $50 |
Certificates of Deposit
| CD Term | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Balance to Obtain APY* |
|---|---|---|---|---|
| 3 Months | $1,000 | 0.60% | 0.60% | $1,000 |
| 6 Months | $1,000 | 0.70% | 0.70% | $1,000 |
| 12 Months | $1,000 | 1.00% | 1.01% | $1,000 |
| 18 Months | $1,000 | 2.50% | 2.53% | $1,000 |
| 24 Months | $1,000 | 1.50% | 1.51% | $1,000 |
| 30 Months | $1,000 | 1.70% | 1.71% | $1,000 |
| 36 Months | $1,000 | 1.80% | 1.82% | $1,000 |
| 48 Months | $1,000 | 1.90% | 1.92% | $1,000 |
| 60 Months | $1,000 | 2.00% | 2.02% | $1,000 |
Checking Accounts
| Type of Accounts | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Opening Balance to Obtain APY* |
|---|---|---|---|---|
| eChecking1 | $10 | 0.10% 0.05% | 0.05-0.10% 0.05% | $0.01 - $25,000 $25,000+ |
| Value NOW Checking2 | $1,000 | 0.03% | 0.03% | $0.01 |
| Senior Checking | $10 | 0.03% | 0.03% | $0.01 |
| Smart Checking | $10 | 0.00% | 0.00% | $0.00 |
Contact a customer service rep at any of our locations for more information about applicable fees and terms. Or, call our call center at 800-508-2265.
*The daily minimum balance is the amount of principal in the account each day.
**Interest is paid on the amount of money on deposit in each tier, creating a blended interest rate for the entire balance.
1 The interest rate of 0.10% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.05% APY, if qualifying requirements are met. Your interest rate and APY may change at our discretion. Qualifying requirements must be met during each monthly statement cycle to earn the APY including: 10 Debit Card purchases, e-Statements, Direct Deposit or one ACH transaction per statement cycle. If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance.
2 A maintenance fee of $5.00 will be imposed every statement cycle if the average balance in the account falls below $1,000 during the statement cycle. Maintenance fee will be waived with a direct deposit.
Rates of the above accounts, except for Certificates of Deposit (CDs), may change after the account is opened. CDs may incur a penalty for early withdrawal.
Fees may reduce earnings.
Online account opening available to New England residents only.