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: 5/17/2025All 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.
Explore our savings options:
Checking Accounts
| Product | Rate | Annual Percent. Yield | 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
"Annual Percent. Yield" is in reference to "Annual Percentage Yield". All accounts subject to approval. Rates subject to change at any time. All rates and Annual Percentage Yields (APYs) are subject to change without notice. The Annual Percentage Yield 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 | Annual Percent. Yield | Min. Deposit (to open) | Min. Balance (to obtain APY) | ||
|---|---|---|---|---|---|
| Statement and Passbook | 1.44% | 1.45% | $1.00 | $10.00 | Open an Account |
Disclosures
"Annual Percent. Yield" is in reference to "Annual Percentage Yield". All accounts subject to approval. Rates subject to change at any time. All rates and Annual Percentage Yields (APYs) are subject to change without notice. The Annual Percentage Yield 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 | Annual Percent. Yield | Min. Deposit (to open) | Min. Balance (to obtain APY) | |
|---|---|---|---|---|---|
| $10 - $24,999.99 | 1.44% | 1.45% | $1.00 | $10.00 | Open an Account |
| $25,000 - $49,999.99 | 1.44% | 1.45% | $1.00 | $25,000.00 | Open an Account |
| $50,000 - $99,999.99 | 1.49% | 1.50% | $1.00 | $50,000.00 | Open an Account |
| $100,000 + | 1.54% | 1.55% | $1.00 | $100,000.00 | Open an Account |
Freedom Gold Money Fund
| Freedom Gold Money Fund | Rate | Annual Percent. Yield | Min. Deposit (to open) | Min. Balance (to obtain APY) | |
|---|---|---|---|---|---|
| $10 - $24,999.99 | 1.44% | 1.45% | $1.00 | $10.00 | Learn More |
| $25,000 - $49,999.99 | 1.49% | 1.50% | $1.00 | $25,000.00 | Learn More |
| $50,000 - $99,999.99 | 1.54% | 1.55% | $1.00 | $50,000.00 | Learn More |
| $100,000 + | 1.59% | 1.60% | $1.00 | $100,000.00 | Learn More |
Freedom Platinum Money Fund
| Freedom Platinum Money Fund | Rate | Annual Percent. Yield | Min. Deposit (to open) | Min. Balance (to obtain APY) | |
|---|---|---|---|---|---|
| $10 - $24,999.99 | 1.49% | 1.50% | $1.00 | $10.00 | Learn More |
| $25,000 - $49,999.99 | 1.54% | 1.55% | $1.00 | $25,000.00 | Learn More |
| $50,000 - $99,999.99 | 1.59% | 1.60% | $1.00 | $50,000.00 | Learn More |
| $100,000 + | 1.64% | 1.65% | $1.00 | $100,000.00 | Learn More |
Business Money Fund
| Business Money Fund | Rate | Annual Percent. Yield | Min. Deposit (to open) | Min. Balance (to obtain APY) | |
|---|---|---|---|---|---|
| $10 - $49,999.99 | 1.44% | 1.45% | $1.00 | $10.00 | Learn More |
| $50,000 + | 1.49% | 1.50% | $1.00 | $50,000.00 | Learn More |
Disclosures
"Annual Percent. Yield" is in reference to "Annual Percentage Yield". "Freedom Gold MF" "Platinum MF", "Business MF" are in reference to "Freedom Gold Money Fund", "Freedom Platinum Money Fund", and "Business Money Fund" Accounts. All accounts subject to approval. Rates subject to change at any time. All rates and Annual Percentage Yields (APYs) are subject to change without notice. The Annual Percentage Yield 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.
Certificates of Deposit and Fixed Rate Retirement Certificates of Deposit
| Fixed-Term Certificates | Other Term Certificates Opened Before April 1, 2025 | Interest Rate | APY | |
|---|---|---|---|---|
| 3 Month | Certificates more than 3 and less than 6 Months | 3.83% | 3.90% | Open an Account |
| 6 Month | Certificates more than 6 and less than 12 Months | 3.83% | 3.90% | Open an Account |
| 12 Month | Certificates more than 12 and less than 24 Months, Excluding the 18 Month Term |
3.74% | 3.80% | Open an Account |
| 18 Month | 3.74% | 3.80% | Open an Account | |
| 24 Month | Certificates more than 24 and less than 36 Months | 3.74% | 3.80% | Open an Account |
| 36 Month | Certificates more than 36 and less than 48 Months | 3.45% | 3.50% | Open an Account |
| 48 Month | Certificates more than 48 and less than 60 Months | 3.45% | 3.50% | Open an Account |
| 60 Month | Certificates more than 60 and less than 72 Months | 3.45% | 3.50% | Open an Account |
Freedom Platinum Certificates of Deposit and Fixed Rate Retirement Certificates of Deposit
| Fixed-Term Certificates | Other Term Certificates Opened Before April 1, 2025 | Interest Rate | APY | |
|---|---|---|---|---|
| 3 Month | Certificates more than 3 and less than 6 Months | 3.93% | 4.00% | Open an Account |
| 6 Month | Certificates more than 6 and less than 12 Months | 3.93% | 4.00% | Open an Account |
| 12 Month | Certificates more than 12 and less than 24 Months, Excluding the 18 Month Term |
3.83% | 3.90% | Open an Account |
| 18 Month | 3.83% | 3.90% | Open an Account | |
| 24 Month | Certificates more than 24 and less than 36 Months | 3.83% | 3.90% | Open an Account |
| 36 Month | Certificates more than 36 and less than 48 Months | 3.54% | 3.60% | Open an Account |
| 48 Month | Certificates more than 48 and less than 60 Months | 3.54% | 3.60% | Open an Account |
| 60 Month | Certificates more than 60 and less than 72 Months | 3.54% | 3.60% | 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. Minimum deposit to open is $250, and a $10 minimum balance is required to earn APY. Applies to Certificates of Deposit, Fixed Rate Retirement Certificates of Deposit, Freedom Platinum Certificates of Deposit, and Fixed Rate Retirement Certificates of Deposit. With CD and Fixed Rate Retirement CD accounts, rate is guaranteed for the length of the term. Early withdrawal penalties apply on CD and Retirement CD products.
Freedom Platinum CD requires a Freedom Platinum Checking account. Rates subject to change at any time.
Adjustable Rate Retirement Certificate of Deposit
| Certificate | Rate | APY | |
|---|---|---|---|
| 12 Month Adjustable Rate Retirement Certificate | 3.74% | 3.80% | Open an Account |
| Adjustable Rate Retirement Certificates over 12 Months opened before April 1, 2025 | 3.74% | 3.80% | 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. Minimum deposit to open is $10, and a $10 minimum balance is required to earn APY. Applies to Adjustable Rate Retirement Certificate of Deposit. Rates on adjustable rate accounts may change after account opening. Fees could reduce the earnings on checking and savings accounts. Early withdrawal penalties apply on Retirement CD products. Adjustable Rate Certificate of Deposit accounts available for Retirement Plan accounts only; rates may change after opening.
Rates subject to change at any time, and may change after opening.
Middlesex is a full-service bank serving individuals, families, and business owners throughout Massachusetts.
