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Compare Savings Rates in Massachusetts – March 2026

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Current Massachusetts Savings Rates and MMA Rates

For those in Massachusetts, Service Federal Credit Union lists a Deployed Warrior Savings at 10.00%. Current rates from Jeanne D Arc Credit Union include a Savings Account at 8.00% APY. Lowell Firefighters Credit Union is offering a Savings Club for Kids in Massachusetts with an APY of 8.00%. TEWKSBURY is offering a Primary Membership Savings in Massachusetts with an APY of 5.00%.

Find the best savings and money market rates in Massachusetts today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in MA, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Massachusetts depositors. Actual savings rates may vary by financial institution and market conditions.

Last Updated and Verified: March 5, 2026

Savings Rates in Massachusetts and Area

  • Deployed Warrior Savings:
    10.00%
  • Savings Account:
    8.00%
  • Savings Club for Kids:
    8.00%
  • Primary Membership Savings:
    5.00%
  • Primary Savings Account:
    5.00%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Last Updated and Verified: March 5, 2026

Best Massachusetts and Area Savings Rates & Money Market Rates

Bank / Credit Union
Product
APY
Min Deposit
Service Federal Credit Union Falmouth, MA
Deployed Warrior Savings
10.00%
$0
Rate 10.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Jeanne D Arc Credit Union Westford, NH
Savings Account
8.00%
$0
Rate 8.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Lowell Firefighters Credit Union Lowell, MA
Savings Club for Kids
8.00%
$0
Rate 8.00%
Min Deposit $0
Last Updated 03/05/2026
Details

TEWKSBURY Tewksbury, MA
Primary Membership Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details up to $500.00*

Service Federal Credit Union Falmouth, MA
Primary Savings Account
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details Minimum Daily Balance $0.00 - $500

Cape Cod Five Cents Savings Bank Wellfleet, MA
SaveUp Companion Savings*
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Dedham Institution for Savings Westwood, MA
Start Up Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details

MASS INSTITUTE OF TECH Lexington, MA
Starter Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 5.00% - 0.05% APY on remaining balance above $2,000.00

Leader Bank Cambridge, MA
Zeugma Plus Savings
4.75%
$0
Rate 4.75%
Min Deposit $0
Last Updated 03/05/2026
Details Qualifying balances of $250,000 or less only

Liberty Bay Credit Union Scituate, MA
Business Money Market
4.25%
$5
Rate 4.25%
Min Deposit $5
Last Updated 03/05/2026
Details

Athol Savings Bank Winchendon, MA
Xtreme Business Money Market
4.25%
$0
Rate 4.25%
Min Deposit $0
Last Updated 03/05/2026
Details $1,000,000.00 or more (Variable Rate)

MutualOne Bank Natick, MA
Mo Premium Savings
4.07%
$20,000
Rate 4.07%
Min Deposit $20,000
Last Updated 03/05/2026
Details Annual Percentage Yield (APY) subject to change. Rates may change after the account is opened. Interest is paid and compounded monthly. Fees could reduce the earnings on these accounts. Statement only. The minimum deposit to open the account must be new money to the Bank. New Money is defined as deposits not previously held by Mutual One Bank.

Lowell Firefighters Credit Union Lowell, MA
Tiered Savings Account
4.07%
$0
Rate 4.07%
Min Deposit $0
Last Updated 03/05/2026
Details $100,000.00 +

Liberty Bay Credit Union Scituate, MA
High Yield Money Market
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details

LendingClub Boston, MA
LevelUp Savings
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earn 10x the National Average2; $0 minimum balance; Get 4.00% APY on your balance when you deposit $250+ per month.3

Bank5 Connect Wrentham, RI
Jumbo Savings
3.75%
$25,000
Rate 3.75%
Min Deposit $25,000
Last Updated 03/05/2026
Details

Washington Savings Bank Lowell, MA Lowell, MA
Non-Profit Money Market
3.75%
$10
Rate 3.75%
Min Deposit $10
Last Updated 03/05/2026
Details

Northern Bank & Trust Company Woburn, MA
Northern Business High Yield Money Market Account
3.75%
$25,000
Rate 3.75%
Min Deposit $25,000
Last Updated 03/05/2026
Details Earns 3.75% APY on balances $.01 - $4,999.99

Wrentham Co-operative Bank Wrentham, MA
Premier Money Market
3.70%
$0
Rate 3.70%
Min Deposit $0
Last Updated 03/05/2026
Details

Liberty Bank Middletown, CT East Longmeadow, MA
Relationship High Yield Savings
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details with bump up for PayBackSM or Quarter Back® customers

North Brookfield SB West Brookfield, MA
High Five Savings Tier 1
3.56%
$25
Rate 3.56%
Min Deposit $25
Last Updated 03/05/2026
Details

UMassFive College Federal Credit Union Worcester, MA
IRA Savings 6 Month Fixed
3.55%
$0
Rate 3.55%
Min Deposit $0
Last Updated 03/05/2026
Details

Rockland Federal Credit Union Weymouth, MA
Money Market
3.55%
$0
Rate 3.55%
Min Deposit $0
Last Updated 03/05/2026
Details

Institution for Savings Topsfield, MA
Gold Online Savings
3.50%
$100,000
Rate 3.50%
Min Deposit $100,000
Last Updated 03/05/2026
Details Balances $100,000 -$500,000 (plus interest paid)

Liberty Bay Credit Union Scituate, MA
High Yield Money Market
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details

OneLocal Bank Plainville, MA
High Yield Money Market & iYield Money Market Account
3.50%
$25
Rate 3.50%
Min Deposit $25
Last Updated 03/05/2026
Details Open Online

Liberty Bay Credit Union Scituate, MA
High Yield Savings
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details

Webster First Federal Credit Union Worcester, MA
Money Market Plus
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details

Baxter Credit Union Marlborough, MA
Money Market Special Intro rate
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details $15,000+

Washington Savings Bank Lowell, MA Lowell, MA
Business Money Market Account
3.49%
$10
Rate 3.49%
Min Deposit $10
Last Updated 03/05/2026
Details

Eagle Bank Everett, MA Middleton, ME
Elite Money Market
3.49%
$20,000
Rate 3.49%
Min Deposit $20,000
Last Updated 03/05/2026
Details *7

Washington Savings Bank Lowell, MA Lowell, MA
High Yield Online Money Market
3.49%
$10
Rate 3.49%
Min Deposit $10
Last Updated 03/05/2026
Details

Eagle Bank Everett, MA Middleton, ME
Platinum Money Market
3.49%
$20,000
Rate 3.49%
Min Deposit $20,000
Last Updated 03/05/2026
Details

PIONEER VALLEY Westfield, MA
Green High-Yield Savings
3.40%
$200,000
Rate 3.40%
Min Deposit $200,000
Last Updated 03/05/2026
Details

USALLIANCE Medford, MA
High Dividend Savings
3.40%
$0
Rate 3.40%
Min Deposit $0
Last Updated 03/05/2026
Details

Dedham Institution for Savings Westwood, MA
High Yield Savings
3.40%
$20,000
Rate 3.40%
Min Deposit $20,000
Last Updated 03/05/2026
Details

South Shore Bank Weymouth, MA
High-Yield Savings
3.40%
$0
Rate 3.40%
Min Deposit $0
Last Updated 03/05/2026
Details

Adams Community Bank Williamstown, MA
High-Yield Savings Account
3.40%
$1,000
Rate 3.40%
Min Deposit $1,000
Last Updated 03/05/2026
Details Online-only offer

Adams Community Bank Williamstown, MA
High-Yield Savings Account Tier 2
3.40%
$0
Rate 3.40%
Min Deposit $0
Last Updated 03/05/2026
Details

PIONEER VALLEY Westfield, MA
Green High-Yield Savings
3.35%
$150,000
Rate 3.35%
Min Deposit $150,000
Last Updated 03/05/2026
Details

Millbury National Bank Millbury, MA
Platinum Money Market
3.35%
$0
Rate 3.35%
Min Deposit $0
Last Updated 03/05/2026
Details Rate Index: 30 Day Avg SOFR* minus 10% of the 30 Day Avg SOFR rate index

Workers Federal Credit Union Worcester, MA
Workers Money Market
3.35%
$1,000
Rate 3.35%
Min Deposit $1,000
Last Updated 03/05/2026
Details

PIONEER VALLEY Westfield, MA
Green High-Yield Savings
3.30%
$100,000
Rate 3.30%
Min Deposit $100,000
Last Updated 03/05/2026
Details

Cape Ann Savings Bank Rockport, MA
Lighthouse Business Money Market Account
3.30%
$0
Rate 3.30%
Min Deposit $0
Last Updated 03/05/2026
Details Equal to or greater than $1,500,000.00

PNC Bank Somerville, MA
PNC High Yield Savings®
3.30%
$1
Rate 3.30%
Min Deposit $1
Last Updated 03/05/2026
Details

UMassFive College Federal Credit Union Worcester, MA
IRA Savings 15 Month Fixed
3.29%
$0
Rate 3.29%
Min Deposit $0
Last Updated 03/05/2026
Details

UMassFive College Federal Credit Union Worcester, MA
IRA Savings 22 Month Fixed
3.29%
$0
Rate 3.29%
Min Deposit $0
Last Updated 03/05/2026
Details

UMassFive College Federal Credit Union Worcester, MA
IRA Savings 9 Month Fixed
3.29%
$0
Rate 3.29%
Min Deposit $0
Last Updated 03/05/2026
Details

Selfreliance Federal Credit Union Westfield, MA
Money Market Accounts
3.29%
$0
Rate 3.29%
Min Deposit $0
Last Updated 03/05/2026
Details

Canton Co-operative Bank Canton, MA
Business Money Market
3.25%
$0
Rate 3.25%
Min Deposit $0
Last Updated 03/05/2026
Details Balances $300,000.00 to $999,999.99

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Massachusetts directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Massachusetts. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in MA.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.

Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Massachusetts. It is always advisable to check with the specific financial institution's official website for the most current offers and terms. Last Updated and Verified: March 5, 2026

How to Find the Best Savings Account in Massachusetts

  1. Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
  2. Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
  3. Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
  4. Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Massachusetts

What are the current savings rates in Massachusetts and the surrounding area
Below is a list of current savings and money market rates available for Massachusetts. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product
APY
Min Dep
Service Federal Credit Union
Deployed Warrior Savings
10.00%
$0
Jeanne D Arc Credit Union
Savings Account
8.00%
$0
Lowell Firefighters Credit Union
Savings Club for Kids
8.00%
$0
TEWKSBURY
Primary Membership Savings
5.00%
$0
Service Federal Credit Union
Primary Savings Account
5.00%
$0
Lender / Product
APY
Min Dep
Cape Cod Five Cents Savings Bank
SaveUp Companion Savings*
5.00%
$0
Dedham Institution for Savings
Start Up Savings
5.00%
$0
MASS INSTITUTE OF TECH
Starter Savings
5.00%
$0
Leader Bank
Zeugma Plus Savings
4.75%
$0
Liberty Bay Credit Union
Business Money Market
4.25%
$5
Last Updated and Verified: March 5, 2026
What is a High-Yield Savings Account?
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe?
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime?
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change?
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.

Cities in Massachusetts

Abington
Accord
Acton
Acushnet
Adams
Agawam
Allston
Amesbury
Amherst
Andover
Arlington
Arlington Heights
Ashburnham
Ashby
Ashfield
Ashland
Ashley Falls
Assonet
Athol
Attleboro
Attleboro Falls
Auburn
Auburndale
Avon
Ayer
Babson Park
Baldwinville
Barnstable
Barnstable Town
Barre
Becket
Bedford
Belchertown
Bellingham
Belmont
Berkley
Berkshire
Berlin
Bernardston
Beverly
Billerica
Blackstone
Blandford
Bolton
Bondsville
Boston
Boxborough
Boxford
Boylston
Braintree
Brant Rock
Brewster
Bridgewater
Brighton
Brimfield
Brockton
Brookfield
Brookline
Brookline Village
Bryantville
Buckland
Burlington
Buzzards Bay
Byfield
Cambridge
Canton
Carlisle
Carver
Cataumet
Centerville
Charlemont
Charlestown
Charlton
Charlton City
Charlton Depot
Chartley
Chatham
Chelmsford
Chelsea
Cherry Valley
Cheshire
Chester
Chesterfield
Chestnut Hill
Chicopee
Chilmark
Clinton
Cohasset
Colrain
Concord
Conway
Cotuit
Cummaquid
Cummington
Cuttyhunk
Dalton
Danvers
Dartmouth
Dedham
Deerfield
Dennis
Dennis Port
Dighton
Douglas
Dover
Dracut
Drury
Dudley
Dunstable
Duxbury
East Bridgewater
East Brookfield
East Dennis
East Falmouth
East Freetown
East Longmeadow
East Mansfield
East Orleans
East Otis
East Princeton
East Sandwich
East Taunton
East Templeton
East Walpole
East Wareham
Eastham
Easthampton
Easton
Edgartown
Elmwood
Erving
Essex
Everett
Fairhaven
Fall River
Falmouth
Fayville
Feeding Hills
Fiskdale
Fitchburg
Florence
Forestdale
Foxboro
Foxborough
Framingham
Franklin
Gardner
Georgetown
Gilbertville
Glendale
Gloucester
Goshen
Grafton
Granby
Granville
Great Barrington
Green Harbor
Greenbush
Greenfield
Groton
Groveland
Hadley
Halifax
Hamilton
Hampden
Hanover
Hanson
Hardwick
Harvard
Harwich
Harwich Port
Hatfield
Hathorne
Haverhill
Haydenville
Heath
Hingham
Hinsdale
Holbrook
Holden
Holland
Holliston
Holyoke
Hopedale
Hopkinton
Housatonic
Hubbardston
Hudson
Hull
Humarock
Huntington
Hyannis
Hyannis Port
Hyde Park
Indian Orchard
Ipswich
Jamaica Plain
Jefferson
Kingston
Lake Pleasant
Lakeville
Lancaster
Lanesboro
Lawrence
Lee
Leeds
Leicester
Lenox
Lenox Dale
Leominster
Leverett
Lexington
Lincoln
Linwood
Littleton
Longmeadow
Lowell
Ludlow
Lunenburg
Lynn
Lynnfield
Malden
Manchaug
Manchester
Manomet
Mansfield
Marblehead
Marion
Marlborough
Marshfield
Marshfield Hills
Marstons Mills
Mashpee
Mattapan
Mattapoisett
Maynard
Medfield
Medford
Medway
Melrose
Mendon
Menemsha
Merrimac
Methuen
Middleboro
Middlefield
Middleton
Milford
Mill River
Millbury
Millis
Millville
Milton
Milton Village
Minot
Monponsett
Monroe Bridge
Monson
Montague
Monterey
Monument Beach
Nahant
Nantucket
Natick
Needham
New Bedford
New Braintree
New Salem
New Town
Newbury
Newburyport
Newton
Newton Center
Newton Highlands
Newton Lower Falls
Newton Upper Falls
Newtonville
Nonantum
Norfolk
North Adams
North Amherst
North Andover
North Attleboro
North Billerica
North Brookfield
North Carver
North Chatham
North Chelmsford
North Dartmouth
North Dighton
North Eastham
North Easton
North Egremont
North Falmouth
North Grafton
North Hatfield
North Marshfield
North Oxford
North Pembroke
North Reading
North Scituate
North Truro
North Uxbridge
Northampton
Northborough
Northbridge
Northfield
Norton
Norwell
Norwood
Nutting Lake
Oak Bluffs
Oakham
Ocean Bluff
Onset
Orange
Orleans
Osterville
Otis
Oxford
Palmer
Paxton
Peabody
Pembroke
Pepperell
Petersham
Pinehurst
Pittsfield
Plainfield
Plainville
Plymouth
Plympton
Pocasset
Prides Crossing
Princeton
Provincetown
Quincy
Randolph
Raynham
Raynham Center
Reading
Readville
Rehoboth
Revere
Richmond
Rochdale
Rochester
Rockland
Rockport
Roslindale
Rowe
Rowley
Royalston
Russell
Rutland
Sagamore
Sagamore Beach
Salem
Salisbury
Sandisfield
Sandwich
Saugus
Savoy
Scituate
Seekonk
Sharon
Shattuckville
Sheffield
Shelburne Falls
Sheldonville
Sherborn
Shirley
Shrewsbury
Shutesbury
Siasconset
Silver Beach
Somerset
Somerville
South Barre
South Carver
South Chatham
South Dartmouth
South Deerfield
South Dennis
South Easton
South Egremont
South Grafton
South Hadley
South Hamilton
South Harwich
South Lancaster
South Lee
South Orleans
South Walpole
South Wellfleet
South Yarmouth
Southampton
Southborough
Southbridge
Southfield
Southwick
Spencer
Springfield
Sterling
Still River
Stockbridge
Stoneham
Stoughton
Stow
Sturbridge
Sudbury
Sunderland
Sutton
Swampscott
Swansea
Taunton
Templeton
Tewksbury
Thorndike
Three Rivers
Tolland
Topsfield
Townsend
Truro
Turners Falls
Tyngsboro
Tyringham
Upton
Uxbridge
Village Of Nagog Woods
Vineyard Haven
Waban
Wakefield
Wales
Walpole
Waltham
Ware
Wareham
Warren
Warwick
Watertown
Waverley
Wayland
Webster
Wellesley
Wellesley Hills
Wellfleet
Wendell
Wendell Depot
Wenham
West Barnstable
West Boxford
West Boylston
West Bridgewater
West Brookfield
West Chatham
West Chesterfield
West Dennis
West Falmouth
West Groton
West Harwich
West Hatfield
West Hyannisport
West Medford
West Millbury
West Newbury
West Newton
West Roxbury
West Springfield
West Stockbridge
West Tisbury
West Townsend
West Wareham
West Warren
West Yarmouth
Westborough
Westfield
Westford
Westminster
Weston
Westport
Westport Point
Westwood
Weymouth
Whately
Wheelwright
White Horse Beach
Whitinsville
Whitman
Wilbraham
Williamsburg
Williamstown
Wilmington
Winchendon
Winchendon Springs
Winchester
Windsor
Winthrop
Woburn
Woods Hole
Woodville
Worcester
Woronoco
Worthington
Wrentham
Yarmouth Port