Ipswich Cranes Beach boardwalk
Savings rates

Savings rates

Savings Rates

Savings Account Rates



























Rates Effective

PERSONAL Savings ACCOUNTS

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Gold Online Savings




Balances less than $100,000 1.00% 1.00% $100,000.00 $1.00
Balances $100,000 -$500,000 (plus interest paid) 4.40% 4.50% $100,000.00 $100,000.00
*Maximum balance allowed is $500,000 plus interest paid. Rates are variable and subject to change at any time without notice. This is a tiered rate account. A minimum balance of $100,000.00 is required to open the account and avoid a $10 monthly service charge. Balances of $100,000 to $500,000 earn 4.50% APY; balances less than $100,000 earn 1.00%APY. Account is limited to consumers and must be opened online; individual or joint ownership only. This account may only be funded with NEW MONEY not on deposit at the Institution for Savings. This account is available to residents of Massachusetts, New Hampshire and Maine. Account is limited to one account per primary account owner. Fees may reduce earnings. 
 
ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Diamond Savings




Balances less than $25,000 0.50% 0.50% $25,000.00 $1.00
Balances $25,000 and above 2.03% 2.05% $25,000.00 $25,000.00
APY denotes Annual Percentage Yield. A minimum balance of $25,000 is required to open and avoid a $10 monthly service charge.
 
 
ACCOUNT
TYPE
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Statement Savings 0.25 % 0.25 % $10.00 $1.00
APY denotes Annual Percentage Yield. A minimum balance of $10.00 is required to open and avoid a $1 monthly service charge.

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Preferred Savings




Balances less than $50,000 0.25 % 0.25 % $50,000.00 $1.00
Balances $50,000 and above 0.40 % 0.40 % $50,000.00 $50,000.00
APY denotes Annual Percentage Yield. A minimum balance of $50,000 is required to open and avoid a $10 monthly service charge.

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Titanium Savings



Balances less than $10,000 0.25 % 0.25 % $10,000.00 $1.00
Balances $10,000 and above 0.50 % 0.50 % $10,000.00 $10,000.00
APY denotes Annual Percentage Yield. A minimum balance of $10,000 is required to open and avoid a $10 monthly service charge.


BUSINESS Savings ACCOUNTS

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Business Diamond Savings




Balances less than $25,000 0.50% 0.50% $25,000.00 $1.00
Balances $25,000 and above 2.03% 2.05% $25,000.00 $25,000.00
APY denotes Annual Percentage Yield. A minimum balance of $25,000 is required to open and avoid a $10 monthly service charge.
 
ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Business Statement Savings
0.25 % 0.25 % $1,000.00 $1.00
APY denotes Annual Percentage Yield. A minimum balance of $1000 is required to open and avoid a $10 monthly service charge.

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Business Preferred Savings



Balances less than $50,000 0.25 % 0.25 % $50,000.00 $1.00
Balances $50,000 and above 0.40 % 0.40 % $50,000.00 $50,000.00
APY denotes Annual Percentage Yield. A minimum balance of $50,000 is required to open and avoid a $10 monthly service charge.

ACCOUNT
INTEREST
RATE
ANNUAL PERCENTAGE YIELD (APY) MINIMUM BALANCE TO OPEN MINIMUM BALANCE TO EARN APY
Business Titanium Savings



Balances less than $10,000 0.25 % 0.25 % $10,000.00 $1.00
Balances $10,000 and above 0.50 % 0.50 % $10,000.00 $10,000.00
APY denotes Annual Percentage Yield. A minimum balance of $10,000 is required to open and avoid a $10 monthly service charge.

FOR ALL SAVINGS ACCOUNTS:
All personal and business savings account rates are variable and subject to change without notice, which means that the rate of interest and Annual Percentage Yield (APY) may change after the account is opened. Fees may reduce earnings.