Deposit Account Rates** as of Thursday, August 16th, 2018
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 applys 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.
Certificate of Deposit (Personal and Non-Personal) & IRAs**†
| CD Terms | Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|---|
| ***22 Month Step-Up CD | $1,000 | Daily | $1,000 | 2.42% | 2.45% |
| 12-23 months | $1,000 | Daily | $1,000 | 1.35% | 1.36% |
| 60-72 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 48-59 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 36-47 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 24-35 months | $1,000 | Daily | $1,000 | 2.00% | 2.02% |
| 16 Month CD | $1,000 | Daily | $1,000 | 1.75% | 1.77% |
| 6-11 months | $2,500 | Monthly | $2,500 | 0.35% | 0.35% |
| 3-5 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.
***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.
Advantage Certificate of Deposit (Personal and Non-Personal) & IRAs**†
| CD Terms | Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|---|
| 6-11 months | $2,500 | Monthly | $2,500 | 0.35% | 0.35% |
| 60-72 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 48-59 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 36-47 months | $1,000 | Daily | $1,000 | 2.25% | 2.27% |
| 24-35 months | $1,000 | Daily | $1,000 | 2.00% | 2.02% |
| 16 Month CD | $1,000 | Daily | $1,000 | 1.75% | 1.77% |
| 12-23 months | $1,000 | Daily | $1,000 | 1.35% | 1.36% |
| 3-5 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.
Money Market Personal Account, Money Market Non-Personal Account**
| Minimum to earn APY* | Compounded | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|
| $100,000+ | Daily | $1,000 | 0.35% | 0.35% |
| $50,000-$99,999.99 | Daily | $1,000 | 0.30% | 0.30% |
| $25,000-$49,999.99 | Daily | $1,000 | 0.25% | 0.25% |
| $10,000-$24,999.99 | Daily | $1,000 | 0.20% | 0.20% |
| $0.01-$9,999.99 | Daily | $1,000 | 0.15% | 0.15% |
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% |