Deposit Rates

Deposit Account Rates Effective January 01, 2020
Type of Accounts Minimum Opening Balance Interest Rate Annual Percentage Yield (APY) Daily Minimum Balance to obtain APY*

Money Market
Money Market** $1,000 .30% .30% .45% .70% .30% 0.30% - 0.30% 0.30% - 0.38% 0.38% - 0.70%   $0.01 - $9,999.99$10,000 - $49,999.99$50,000 - $99,999.99$100,000+
Max Money Market $1,000

.90%

1.05%

1.25%

1.40%

.90%

1.06%

1.26%

1.41%

$0.01 - $249,999.99

$250,000 - $499,999.99

$500,000 - $1,000,000

$1,000,000+

Savings Account
Smart Savings** $10 .20% .20% .30% .35% 0.20% 0.20% - 0.20% 0.20% - 0.25% 0.25% - 0.35% $0.01 - $9,999.99$10,000 - $24,999.99  $25,000 - $49,999.99$50,000+
Health Saving Account** $10  .05% .10%.25% .05% .05% - .09% .09% - .25% $0.01 - $2,499.99  $2,500 - $19,999.99 $20,000+
Statement Holiday Clubs $10 .25% .25% $10.00
** Interest is paid on the amount of money on deposit in each tier, creating a blended interest rate for the entire balance.

Checking Accounts

Max Checking1

 $10

1.85%

 

0.20%

0.20%-1.87%

 

0.20%

$.01 -$25,000.00  

 

$25,000+
1The interest rate of 1.87% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.20% APY, if qualifications 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: 12 Debit Card purchases, e-Statements, Direct Deposit or one ACH transaction per statement cycle. All foreign ATM Fees and ATM Surcharges up to $25 per statement cycle will be refunded when qualifying requirements are met.  If any qualifying requirements are not met, the account will earn a nomial rate of 0.05% APY on the entire balance and the ATM fees will not be refunded.

eChecking2

 $10

 

1.10%

 

0.20%

 

 

0.20%-1.11%

 

0.20%

 

$.01 - $25,000.00   

 

$25,000+
2The interest rate of 1.10% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.20% 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. All foreign ATM Fees and ATM Surcharges up to $25 per statement cycle will be refunded when qualifying requirements are met.  If any qualifying requirements are not met, the account will earn a nomial rate of 0.05% APY on the entire balance and the ATM fees will not be refunded.
Value NOW Checking3 $1,000 0.05% 0.05% $0.01

3 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.
Senior Checking $10 0.05% 0.05% $0.01
Smart Checking $10 0.00% 0.00% $0.00
*Daily Minimum Balance (the amount of principal in the account each day)

Rates on the above accounts may change after the account is opened. Fees could reduce the earnings on some accounts.

Contact a Customer Service Representative at any of our locations for further information about applicable fees and terms, or our call center at (800) 508-2265

Online account opening available to New England residents only.

 

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