Earn up to
Commit to your savings goals and maximize your efforts with our competitive rate structure. Plus, all balances are 100% guaranteed through the Federal Deposit Insurance Corporation (FDIC) and the Share Insurance Fund (SIF)
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* Annual Percentage Yield (APY) is effective October 4, 2019 and is subject to change. Minimum deposit of $25,000.00 required to open a Super Money Market Account. Daily minimum balance of $25,000.00 required to obtain APY. Annual Percentage Yields (APYs) are as follows: daily minimum balance of $25,000 - $99,999 earns 1.20% APY; daily minimum balance of $100,000 - $249,999 earns 1.25% APY; daily minimum balance of $250,000 - $1,999,999 earns 1.50% APY; daily minimum balance of $2,000,000 + earns 1.60% APY. Interest compounded and credited monthly. A $10.00 service charge will be charged if the balance falls below $25,000.00 on any day of the statement period. Fees may reduce the earnings on the account. Withdrawal restrictions apply to this account. Melrose Bank accepts deposits and is opening new accounts from customers residing in New England (MA, CT, NH, ME, VT, RI).