NB Passbook Savings

This savings account is as basic as you can get, which makes it perfect for beginners or for someone who wants their savings to be as simple as possible. Meet your savings goals with a simple and easy-to-understand NB Passbook Savings account.

Open an Account Now

Benefits & Features


Teach a child, a beginner, or yourself how to save for the future. NB Passbook Savings is so simple and straightforward, anyone could use it. Learn More

Your Money, Your Way

Save your money for the future instead of spending it paying fees. We’ll never charge you monthly or maintenance fees on your NB Passbook Savings account.

Fully Insured Deposits

All deposits at Needham Bank are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Share Insurance Fund (SIF).

NB Passbook Savings Highlights

  • No monthly account or maintenance fees
  • All deposits are 100% insured in full
  • Competitive interest rate

Serving Our Clients

Starting Your Emergency Savings Fund

An emergency savings fund is a safety net to help cover unexpected expenses. Start your savings fund today with these budgeting tips from Needham Bank.

Learn more about Starting Your Emergency Savings Fund


What types of savings accounts do you offer?

Needham Bank offers Money Market and Statement Savings accounts. Please check out our Deposit Rates page for current rate information.


Does Needham Bank have an App?

Yes, Needham Bank offers two apps – one for consumer online banking and one for business online banking. Please search “Needham Bank” from within the iTunes or Google Play app stores.

How do I make a deposit to my Needham Bank account from a remote location?

At Needham Bank, you can make deposits to your Needham Bank account via NB Mobile with Mobile Deposit, Remote Deposit Capture for businesses, Direct Deposit, Mobile or Online transfers between accounts, and directly through a Needham Bank ATM.

Are my deposit accounts insured?

Yes. We provide both FDIC and SIF insurance on your deposits. In general, the Federal Deposit Insurance Corporation (FDIC) insures the first $250,000 of deposits, the Share Insurance Fund (SIF) insures all deposits above that amount. For more a more detailed understanding of FDIC insurance please contact one of our banking representatives.

Knowledge Center

How to Save More Money with CDs/Share Certificates

A certificate of deposit is a smart savings option that helps you save more money over a period of time. Learn how to save more with CDs from Needham Bank.

Learn more about How to Save More Money with CDs/Share Certificates

Our most basic savings account is a simple way to save – perfect for first-timers, young savers, or people who just want the easiest possible option. 

Open Online

View Interest Rates