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Business Savings

We understand the unique financial needs of small business owners and provide a simple way to streamline savings efforts. Set your funds aside and allow them to grow until you need them.

Minimum deposit of $10.00 required to open a Business Savings Account; Minimum deposit is waived if Business Checking Account is opened. Daily minimum balance of $10.00 required to obtain APY. Melrose Bank accepts deposits and is opening new business accounts from businesses headquartered in New England (MA, CT, NH, ME, VT, RI).

If you're interested in learning more about business savings accounts and how we can be of service to you, please email our customer service team at or call us at (781) 665-2500.

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"Yesterday would have been my 1 year anniversary of my refinance with Melrose bank... I am thankful every day to be in my house and you and everyone else who worked with me were so helpful and kind during an exceptionally difficult time. I deeply appreciate all your help - it has truly meant so much!"


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