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Savings, Money Markets & CDs

Give your business savings a boost.

A good business plan includes creating an emergency fund to address unexpected expenses. From a simple savings account to ones that pay higher rates for larger balances, we're the Massachusetts and Rhode Island bank that helps you find the right Savings, Money Market or CD for your business goals. 

Monthly Service Fee $5 $10
Minimum daily balance
to waive monthly
maintenance fee


Free transactions per month1,2 20
$0.50 per transaction over
the free transaction limit.
$0.50 per transaction over
the free transaction limit.
Check Writing² N/A Yes
Tiered Interest Rates N/A Yes 
1. Includes debits, credits, scheduled transfers, and items deposited per monthly statement cycle. $0.50 per transaction over the free transaction limit.

2. Transaction Limits: You are limited to a total of six (6) Limited Transactions from your money market and savings account per statement 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 period). If you exceed your Limited Transaction limit on your money market and 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.

In addition to our Savings and Money Market accounts, we also offer CDs
Certificate of Deposit accounts are a great option for small businesses because they allow your company to get the security of fixed returns at competitive interest rates. We'll work with you to determine which of our many CD options best suits your needs. It takes as little as $1,000 to open a CD, and you can choose from terms ranging from 31 days to five years.

Have Questions?  We're here to help.       Contact Us

Rates current as of  3/18/2020 and subject to change.


Business Savings Interest Rates

0.03% 0.03% $1 $25 Monthly 

Complete Business Money Market Savings

$100,000 and over 0.20% 0.20% $100,000  $25 Monthly 
$50,000 - $99,999 0.20% 0.20% $50,000  $25 Monthly 
$25,000 - $49,999 0.15%  0.15%  $25,000  $25 Monthly 
$10,000 - $24,999 0.10%  0.10%  $10,000  $25 Monthly 
$5,000 - $9,999 0.08%  0.08%  $5,000  $25 Monthly 
$0 - $4,999 0.01% 0.01% $1  $25  Monthly 

 Fees assessed on your account could reduce your earnings. Variable Interest Rates may change after the account is opened.

Customized Business Packages

Many customers come to us for customized banking packages designed to meet the specialized needs of their small business. Learn more about our business banking packages and how they can work for you.

Additional Resources

Helping you every step of the way

Which Account is Right for You?

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How to Keep Your Business Financially Healthy

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Meet with a Business Specialist 

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Business Credit Cards 

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