The West Springfield branch will be temporarily closed Tuesday May 14th, 2024, due to the construction performed by the city. Normal operations will resume tomorrow May 15th. We encourage you to utilize our Feeding Hills and Holyoke branches. Our ATM’s will remain available for your convenience. Thank you for your understanding.

Business

Deposit Rates for Business Accounts

Deposit Rates for Business Accounts


Business Savings Account

Rates Effective: 09/17/2021

Savings Product Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open
Business Savings Account 0.01% 0.01% $1,000.00
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.


Business Money Market Account

Rates Effective: 09/17/2021

Tiers

 Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open Minimum Daily Balance to Earn Stated APY
TIER 1: $0 - $20,000.00 0.010% 0.010% $1,000.00 $0.01
TIER 2: $20,000.01 and up 0.070% 0.070% $1,000.00 $20,000.01
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.