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Deposit Account Interest Rates

Strengthen your savings with rates that work in your best interest.

Savings is our middle name.

Savings are the bedrock of personal finance. Middlesex Savings Bank can help you build a foundation and hit your goals with strong rates on various accounts.

Rates updated as of: 4/13/2021

All accounts subject to approval. "APY" is in reference to "Annual Percentage Yield". "Min." is in reference to "Minimum". All rates and APYs are subject to change without notice.

Checking Accounts

Product Rate APY Min. Deposit (to open) Min. Balance (to obtain APY) Details
NOW Checking 0.01% 0.01% $1.00 $10.00     Product is No Longer Offered
Business NOW Checking 0.01% 0.01% $1.00 $10.00 Learn More
Disclosures
The APY applies when the required minimum balance and interest is kept on deposit for one year. Checking, Savings and Money Fund Accounts are variable rate accounts and the rate can change without notice after account opening. APY assumes interest earned in account compounds. Fees on your account could reduce earnings.

Savings Accounts

Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
Statement and Passbook 0.05% 0.05% $1.00 $10.00 Open an Account
Disclosures
The APY applies when the required minimum balance and interest is kept on deposit for one year. Checking, Savings and Money Fund Accounts are variable rate accounts and the rate can change without notice after account opening. APY assumes interest earned in account compounds. Fees on your account could reduce earnings.

Money Fund Accounts

Money Fund Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
$10 - $24,999.99 0.05% 0.05% $1.00 $10.00 Open an Account
$25,000 - $49,999.99 0.05% 0.05% $1.00 $25,000.00 Open an Account
$50,000 - $99,999.99 0.05% 0.05% $1.00 $50,000.00 Open an Account
$100,000 + 0.05% 0.05% $1.00 $100,000.00 Open an Account

Freedom Gold Money Fund

Freedom Gold Money Fund Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
$10 - $24,999.99 0.10% 0.10% $1.00 $10.00 Open an Account
$25,000 - $49,999.99 0.10% 0.10% $1.00 $25,000.00 Open an Account
$50,000 - $99,999.99 0.10% 0.10% $1.00 $50,000.00 Open an Account
$100,000 + 0.10% 0.10% $1.00 $100,000.00 Open an Account

Freedom Platinum Money Fund

Freedom Platinum Money Fund Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
$10 - $24,999.99 0.15% 0.15% $1.00 $10.00 Open an Account
$25,000 - $49,999.99 0.15% 0.15% $1.00 $25,000.00 Open an Account
$50,000 - $99,999.99 0.15% 0.15% $1.00 $50,000.00 Open an Account
$100,000 + 0.15% 0.15% $1.00 $100,000.00 Open an Account

Business Money Fund

Business Platinum Money Fund Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
$10 - $49,999.99 0.05% 0.05% $1.00 $10.00 Learn More
$50,000 + 0.05% 0.05% $1.00 $50,000.00 Learn More
Disclosures
The APY applies when the required minimum balance and interest is kept on deposit for one year. Checking, Savings and Money Fund Accounts are variable rate accounts and the rate can change without notice after account opening. APY assumes interest earned in account compounds. Fees on your account could reduce earnings.

Certificate of Deposit

Certificate Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
3 - 5 Month Certificate 0.10% 0.10% $250.00 $10.00 Open an Account
6 - 11 Month Certificate 0.20% 0.20% $250.00 $10.00 Open an Account
12 - 23 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
24 - 35 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
36 - 47 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
48 - 59 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
60 - 71 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
Disclosures
"Certificate" is in reference to "Certificates of Deposit". The APY applies when the required minimum balance and interest is kept on deposit for one year. APY assumes interest earned in account compounds. Fees on your account could reduce earnings. Certificates of Deposit are subject to penalty for early withdrawal.

Individual Retirement Account (IRA) (Certificate of Deposit)

IRA Certificate Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
3 - 5 Month Certificate 0.10% 0.10% $250.00 $10.00 Learn More
6 - 11 Month Certificate 0.20% 0.20% $250.00 $10.00 Learn More
12 - 23 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
24 - 35 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
36 - 47 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
48 - 59 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
60 - 71 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
12 - 18 Month Adjustable Rate Retirement Certificate 0.30% 0.30% $10.00 $10.00 Learn More

Freedom Platinum Certificate of Deposit

Freedom Platinum CD Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
Freedom Platinum 3 - 5 Month Certificate 0.20% 0.20% $250.00 $10.00 Open an Account
Freedom Platinum 6 - 11 Month Certificate 0.30% 0.30% $250.00 $10.00 Open an Account
Freedom Platinum 12 - 23 Month Certificate 0.40% 0.40% $250.00 $10.00 Open an Account
Freedom Platinum 24 - 35 Month Certificate 0.40% 0.40% $250.00 $10.00 Open an Account
Freedom Platinum 36 - 47 Month Certificate 0.40% 0.40% $250.00 $10.00 Open an Account
Freedom Platinum 48 - 59 Month Certificate 0.40% 0.40% $250.00 $10.00 Open an Account
Freedom Platinum 60 - 71 Month Certificate 0.40% 0.40% $250.00 $10.00 Open an Account

Freedom Platinum IRA CD

Freedom Platinum CD Rate APY Min. Deposit (to open) Min. Balance (to obtain APY)
Freedom Platinum 3 - 5 Month Certificate 0.20% 0.20% $250.00 $10.00 Learn More
Freedom Platinum 6 - 11 Month Certificate 0.30% 0.30% $250.00 $10.00 Learn More
Freedom Platinum 12 - 23 Month Certificate 0.40% 0.40% $250.00 $10.00 Learn More
Freedom Platinum 24 - 35 Month Certificate 0.40% 0.40% $250.00 $10.00 Learn More
Freedom Platinum 36 - 47 Month Certificate 0.40% 0.40% $250.00 $10.00 Learn More
Freedom Platinum 48 - 59 Month Certificate 0.40% 0.40% $250.00 $10.00 Learn More
Freedom Platinum 60 - 71 Month Certificate 0.40% 0.40% $250.00 $10.00 Learn More
Disclosures
"Certificate" and "CD" are in reference to "Certificates of Deposit". The APY applies when the required minimum balance and interest is kept on deposit for one year. APY assumes interest earned in account compounds. Fees on your account could reduce earnings. Certificates of Deposit are subject to penalty for early withdrawal. Adjustable Rate Certificate of Deposit accounts available for Retirement Plan accounts only; rates may change after opening. Freedom Platinum Certificates of Deposit require a Freedom Platinum® Checking account.

Middlesex is a full-service bank serving individuals, families and business owners throughout Massachusetts.