Deposit Rates

Current Savings, CD, and IRA rates as of October 21, 2021.

CD Special Interest Rates

Open Online Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
1 Year Certificate of DepositOpen Online .30 .30 $1,000 $1,000

CD Interest Rates

Open Online Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
5 Year Certificate of DepositOpen Online .50 .50 $1,000 $1,000
4 Year Certificate of DepositOpen Online .45 .45 $1,000 $1,000
3 Year Certificate of DepositOpen Online .40 .40 $1,000 $1,000
2 Year Certificate of DepositOpen Online .35 .35 $1,000 $1,000
18 Month Certificate of DepositOpen Online .35 .35 $1,000 $1,000
1 Year Certificate of DepositOpen Online .30 .30 $1,000 $1,000
6 Month Certificate of DepositOpen Online .25 .25 $1,000 $1,000
3 Month Certificate of DepositOpen Online .20 .20 $1,000 $1,000

IRA CD Interest Rates

Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
5 Year IRA Certificate of Deposit .50 .50 $250 $250
4 Year IRA Certificate of Deposit .45 .45 $250 $250
3 Year IRA Certificate of Deposit .40 .40 $250 $250
2 Year IRA Certificate of Deposit .35 .35 $250 $250
18 Month IRA Certificate of Deposit .35 .35 $250 $250
1 Year IRA Certificate of Deposit .30 .30 $250 $250
6 Month IRA Certificate of Deposit .25 .25 $250 $250
3 Month IRA Certificate of Deposit .20 .20 $250 $250

Money Market Interest Rates

Open Online Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
Money MarketOpen Online .05 .05 $250 $0
Money Market $25,000+Open Online .10 .10 $250 $25,000
Money Market $50,000+Open Online .15 .15 $250 $50,000
Money Market $100,000+Open Online .25 .25 $250 $100,000

IRA Money Market Interest Rates

Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
Money Market IRA .05 .05 $250 $0
Money Market IRA $25,000+ .10 .10 $250 $25,000
Money Market IRA $50,000+ .15 .15 $250 $50,000
Money Market IRA $100,000+ .25 .25 $250 $100,000

Personal Savings Interest Rates

Open Online Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
Statement SavingsOpen Online .05 .05 $10 $10

Personal Checking Interest Rates

Open Online Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
NB CheckingOpen Online .05 .05 $10 $0
NB CheckingOpen Online .05 .05 $10 $2,500

Business Checking Interest Rates

Learn More
Product APY (%) Rate (%) Minimum Deposit Minimum to Obtain APY
NB Business Interest Checking .05 .05 $50 $0

     *Available for consumer deposits only.

  • Annual Percentage Yield (APY)
  • All interest is credited monthly.
  • Interest is paid from day of deposit to day of withdrawal, if minimum balance is maintained.
  • Fees can reduce earnings of an account.
  • Interest rates are subject to change at the discretion of Needham Bank.
  • All Deposits are fully insured. The Federal Deposit Insurance Corporation (FDIC) insures the first $250,000 of deposits, the Depositors Insurance Fund (DIF) insures all deposits above that amount.
  • For CDs and IRA accounts: a substantial penalty is required if partial or full withdrawal is made before CD or IRA maturity.