# Deposit

**Rates as of
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**

__Rates are set by the Bank and subject to change without notice.__

Please call us at 617-471-0750 to verify current rates and APY.

### Fixed Interest Rates

#### Certificate of Deposit

Rate | Annual Percentage Yield (APY) | ||
---|---|---|---|

Simple Interest* | |||

3 Month | 0.20% | 0.20% | |

5 Month | 0.25% | 0.25% | |

6 Month | 0.30% | 0.30% | |

9 Month | 0.30% | 0.30% | |

Monthly Compounding* | |||

11 Month** | 0.35% | 0.35% | |

1 Year | 0.50% | 0.50% | |

14 Month | 0.50% | 0.50% | |

22 Month | 0.65% | 0.65% | |

2 Year | 0.80% | 0.80% | |

30 Month | 0.85% | 0.85% | |

3 Year 42 Month*** | 0.95% 1.998% | 0.95% 2.016% | |

4 Year | 1.34% | 1.35% |

*The minimum balance to open and earn the stated rate is $1,000.

**The minimum balance to open and earn the stated rate on the 11 Month is $50.00.

**11 Month Certificate of Deposit requires periodic automated deposit transfer.

***The minimum balance to open and earn the stated rate is $5,000.

### Variable Interest Rates

#### Certificate of Deposit

Rate | Annual Percentage Yield (APY) | ||
---|---|---|---|

IRA Only | |||

18 Month* | 0.50% | 0.50% |

*The minimum balance to open and earn the stated rate is $10.00.

#### Money Market

Rate | Annual Percentage Yield (APY) | |
---|---|---|

High Yield Reserve* | ||

Balances below $75,000.00 | 0.15% | 0.15% |

$75,000.00 and over | 0.45% | 0.45% |

Tiered Money Market* | ||

Balances below $5,000.00 | 0.05% | 0.05% |

$5,000.00 to $14,999.99 | 0.10% | 0.10% |

$15,000.00 to $24,999.99 | 0.15% | 0.15% |

$25,000.00 to $49,999.99 | 0.25% | 0.25% |

$50,000.00 and over | 0.40% | 0.40% |

Money Market** | ||

Balances below $2,500.00 | 0.05% | 0.05% |

$2,500.00 and over | 0.10% | 0.10% |

*The minimum balance to open and earn stated rate is $5,000.00

**The minimum balance to open and earn stated rate is $2,500.00.

#### Savings and Checking

Rate | Annual Percentage Yield (APY) | ||
---|---|---|---|

Checking | |||

NOW* | 0.05% | 0.05% | |

FREE** | 0.00% | 0.00% |

*The minimum balance to open is $250.00. The minimum balance to earn stated rate is $50.00.

**The minimum balance to open is $25.00.

Rate | Annual Percentage Yield (APY) | ||
---|---|---|---|

Savings | |||

Passbook* | 0.10% | 0.10% | |

Statement* | 0.10% | 0.10% | |

Savings Builder** | 0.20% | 0.20% | |

Club*** | 0.05% | 0.05% |

*The minimum balance to open is $200.00. The minimum balance to earn stated rate is $50.00.

**The minimum balance to open and earn stated rate is $50.00.

***The minimum balance to open and earn stated rate is $10.00.

#### Account Disclosures

Interest is paid the first of each month on all accounts, except the 3 month certificate of deposit, which is paid at maturity.

Deposits are allowed at maturity of the certificate, except for the Savings Builder and 18 month IRA certificates of deposit which are allowed at any time.

A penalty may be imposed for early withdrawal of funds as follows:

- 90 Days simple interest on certificates of one year or less
- 180 Days simple interest on certificates with terms greater than one year.

Fees could reduce earnings on these accounts.