Deposit Account Rates** as of Saturday, January 19th, 2019
High Yield Money Market Account and iYield Money Market^
| Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* | |
|---|---|---|---|---|---|
| $100,000 + | Daily | $25 | 1.83% | 1.85% | |
| $50,000-$99,999.99 | Daily | $25 | 1.49% | 1.50% | |
| $25,000-$49,999.99 | Daily | $25 | 1.49% | 1.50% | |
| $10,000-$24,999.99 | Daily | $25 | 1.49% | 1.50% | |
| $.01-$9,999.99 | Daily | $25 | .25% | .25% |
^ No checking account required. This rate applies to personal/consumer accounts depositing new money (outside funds) into the High Yield Money Market Account. No IRA accounts. The rate may change without notice. Fees could reduce earnings.
Business High Yield Money Market Account^
| Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|
| $100,000 + | Daily | $25 | 1.83% | 1.85% |
| $50,000-$99,999.99 | Daily | $25 | 1.49% | 1.50% |
| $25,000-$49,999.99 | Daily | $25 | 1.49% | 1.50% |
| $10,000-$24,999.99 | Daily | $25 | 1.49% | 1.50% |
| $.01-$9,999.99 | Daily | $25 | .25% | .25% |
^ No checking account required. This rate applies to business accounts depositing new money (outside funds) into the High Yield Money Market Account. The rate may change without notice. Fees could reduce earnings.
Featured Certificate of Deposits †
| CD Terms | Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|---|
| *22 month Step-Up | $1,000 | Daily | $1,000 | 2.42% | 2.45% |
| **17 months | $1,000 | Daily | $1,000 | 2.13% | 2.15% |
| 11 months | $2,500 | Monthly | $2,500 | 2.05% | 2.05% |
† An early withdrawal penalty may be imposed and could reduce earnings for these accounts. Fees could reduce earnings. Rates may change at anytime.
*The Step-Up option may be used only once during the 22-Month term. To exercise your option, you may visit the branch or call us at 781-762-1800. When you request to Step-Up your 22-Month CD, the new rate will be equal to the then-current 24-Month CD rate. The new adjusted rate will be in effect from the date of request to the renewal date. At maturity, the 22-Month Step-Up CD will renew into a fixed 24-Month CD rate and remain at that current rate unless you instruct us otherwise. IRAs are not eligible for the 22 month Step Up.
**At renewal the 17 month certificate will renew for a 12 month term. IRAs are not eligible for the 17 month CD.
iCertificates†
| CD Terms | Minimum to earn APY* | Compounded | Minimum to Open | APY* | |
|---|---|---|---|---|---|
| 22-month iCertificate | $1,000 | Daily | $1,000 | 2.60% | |
| 17-month iCertificate | $1,000 | Daily | $1,000 | 2.30% |
† An early withdrawal penalty may be imposed and could reduce earnings for these accounts. Fees could reduce earnings. Rates may change at anytime.
*The Step-Up option may be used only once during the 22-Month term. To exercise your option, you may visit the branch or call us at 781-762-1800. When you request to Step-Up your 22-Month CD, the new rate will be equal to the then-current 24-Month CD rate. The new adjusted rate will be in effect from the date of request to the renewal date. At maturity, the 22-Month Step-Up CD will renew into a fixed 24-Month CD rate and remain at that current rate unless you instruct us otherwise. IRAs are not eligible for the 22 month Step Up.
**At renewal the 17 month certificate will renew for a 12 month term. IRAs are not eligible for the 17 month CD.
Certificate of Deposit (Personal and Non-Personal) & IRAs**†
| CD Terms | Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|---|
| 60-72 months | $1,000 | Daily | $1,000 | 2.25% | 2.28% |
| 48-59 months | $1,000 | Daily | $1,000 | 2.25% | 2.28% |
| 36-47 months | $1,000 | Daily | $1,000 | 2.25% | 2.28% |
| 24-35 months | $1,000 | Daily | $1,000 | 2.00% | 2.02% |
| 22 month Step-Up | $1,000 | Daily | $1,000 | 2.57% | 2.60% |
| 17 months | $1,000 | Daily | $1,000 | 2.27% | 2.30% |
| 16 month | $1,000 | Daily | $1,000 | 1.75% | 1.77% |
| 12-23 months | $1,000 | Daily | $1,000 | 1.35% | 1.36% |
| 11 month | $2,500 | Monthly | $2,500 | 2.05% | 2.05% |
| 6 months | $2,500 | Monthly | $2,500 | 0.35% | 0.35% |
| 3 months | $2,500 | Monthly | $2,500 | 0.20% | 0.20% |
† An early withdrawal penalty may be imposed and could reduce earnings for these accounts. Fees could reduce earnings. CD rates are fixed for the duration of the term.
*APY= Annual Percentage Yield
** All rates subject to change at any time. Rates accurate as of date indicated above. All money market account rates, savings account rates, checking account rates, and NOW account rates listed above are variable and may change after the account is opened. Fees could reduce earnings.
Personal Statement Savings Account, Non-Personal Statement Savings Account, Savings Passbook Account**
| Minmum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|
| $100,000 + | Daily | $10 | 0.15% | 0.15% |
| $50,000-$99,999.99 | Daily | $10 | 0.15% | 0.15% |
| $25,000-$49,999.99 | Daily | $10 | 0.15% | 0.15% |
| $10,000-$24,999.99 | Daily | $10 | 0.15% | 0.15% |
| $.01-$9,999.99 | Daily | $10 | 0.15% | 0.15% |
Advantage Checking Personal Account, Advantage Checking Non-Personal Account**
| Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|
| $100,000 + | Daily | $250 | 0.10% | 0.10% |
| $50,000-$99,999.99 | Daily | $250 | 0.05% | 0.05% |
| $25,000-$49,999.99 | Daily | $250 | 0.05% | 0.05% |
| $10,000-$24,999.99 | Daily | $250 | 0.05% | 0.05% |
| $.01-$9,999.99 | Daily | $250 | 0.05% | 0.05% |