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Money Market Savings

Higher rates, with easy access to money.

Our Money Market Savings can give your money a boost with a better rate than other savings products. It's a good account when you want to build up your reserves quicker and still withdraw money whenever you need it. Many of our Massachusetts and Rhode Island customers open a Money Market Savings to create an emergency fund for greater peace of mind.


Current Money Market Savings Rates 

   CURRENT INTEREST RATE ANNUAL PERCENTAGE YIELD  MINIMUM BALANCE TO OBTAIN APY
MINIMUM DEPOSIT TO OPEN ACCOUNT
COMPOUNDED
$1,000,000 and over 0.35% 0.35% $1,000,000 $25 Monthly
$50,000 - $999,9999 0.35% 0.35% $50,000 $25 Monthly
$25,000 - $49,999 0.20% 0.20% $25,000 $25 Monthly
$10,000 - $24,999 0.05% 0.05% $10,000 $25 Monthly
$1- $9,999 0.01% 0.01% $1 $25 Monthly
1. Interest rates and APYs are effective 07/19/2017 and subject to change. Variable interest rates; may change after the account is opened. Fees could reduce your earnings.
2. The APY for each balance tier in your Rockland Trust Money Market Savings Account will apply to the entire balance - for example, if you have a daily balance of $1,200,000.00, you will receive an APY of .20% on your entire balance.
All it takes is a small deposit and you can start taking advantage of our solid Money Market Savings rate.

stack of money
$8 monthly maintenance fee waived if you maintain a $2,500 daily balance³

Excess transaction fee: $3 per limited transaction in excess of six during a statement cycle period4











Additional Resources

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Account Selector

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3. The Monthly Maintenance Fee will be assessed if the daily balance falls below $2,500 on any day of the statement cycle.

4. You may make an unlimited number of withdrawals or transfers from your savings account(s) and/or money market account(s) so long as they are done in person at one of our ATMs or branch locations. However, federal regulations limit your ability to make certain types of withdrawals and transfers from these accounts. Under these regulations, any checks, drafts or debit card transactions (or similar payment orders) drawn on your money market account that are payable to third parties (no such transactions are permitted on your savings accounts), as well as any transfers or transactions from your money market or savings account to another of your accounts with us or to third parties by preauthorized or automatic means, personal computer (including online banking or bill payment services) or telephone (including facsimile or data transmission) are considered "Limited Transactions." You are limited to a total of six (6) Limited Transactions from your money market and savings account per statement cycle period. We count check transactions on your money market account on the day the check is presented to us for payment, regardless of when you may have written it (including if it was written in a prior statement cycle). If you exceed your Limited Transaction limit on your Money Market Savings account, we may assess you an Excess Transaction Fee for each Limited Transaction over the limit. Additionally, if you exceed your Limited Transaction limit on a regular basis, we may close your money market or savings account, or change this type of account to a different deposit account you are eligible to maintain.