Deposit Account Rates Effective December 01, 2020 |
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Type of Accounts | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Daily Minimum Balance to obtain APY* |
Money Market |
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Money Market** | $1,000 | .05% .05% .10% .15% | .05% 0.05% 0.05%-0.08% 0.08% - 0.15% | $0.01 - $9,999.99$10,000 - $49,999.99$50,000 - $99,999.99$100,000+ |
Max Money Market | $1,000 |
0.10% 0.15% 0.20% 0.25% |
0.10% 0.15% 0.20% 0.25% |
$0.01 - $249,999.99 $250,000 - $499,999.99 $500,000 - $1,000,000 $1,000,000+ |
Savings Account |
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Smart Savings and Max Adventure Savings** | $10 | .05% .05% .10% .15% | 0.05% 0.05%0.05%-0.08% 0.08% - 0.15% | $0.01 - $9,999.99$10,000 - $24,999.99 $25,000 - $49,999.99$50,000+ |
Health Saving Account** | $10 |
.05% .07% .10% |
0.05% 0.05%-0.07 0.07%-0.10% |
$0.01 - $2,499.99 $2,500 - $19,999.99 $20,000+ |
Statement Holiday Clubs | $10 | .10% | .10% | $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 |
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Max Checking1 |
$10 |
0.25%
0.05% |
0.05%-0.25%
0.05% |
$.01 -$25,000.00
$25,000+ |
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1The interest rate of 0.25% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.05% 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. If any qualifying requirements are not met, the account will earn a nomial rate of 0.05% APY on the entire balance. | |||||||||||||||||||||||||||||
eChecking2 |
$10 |
0.15%
0.05%
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0.05%-0.15%
0.05%
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$.01 - $25,000.00 $25,000+ |
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2The interest rate of 0.15% 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. | |||||||||||||||||||||||||||||
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. |