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* Annual Percentage Yield (APY) is effective May 28, 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 1.75% APY; daily minimum balance of $100,000 - $249,999 earns 1.80% APY; daily minimum balance of $250,000 - $1,999,999 earns 2.25% APY; daily minimum balance of $2,000,000 + earns 2.25% 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).