Savings Rates

Effective Date: Saturday, May 18, 2024

For Balances Of APY* Minimum to Open
Each monthly cycle $0.01 to $50,000.00 0.25% $0
Each monthly cycle $50,000.01 and above 0.03% $0

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

1APY=Annual Percentage Yield. APYs accurate as of Friday, Jan 6, 2023. Savings rates and rewards are variable and may change after account is opened.  “Monthly Cycle” means a period beginning one day prior to the first day of the current Statement Cycle through one day prior to the close of the current Statement Cycle. “Statement Cycle” means the period of time for which Bay State Savings Bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Flex Savings: Interest earned in Interest Checking and in Cashback Checking is automatically transferred to Flex Savings each Statement Cycle and does not compound. The Flex Savings APYs may be less than Interest Checking APYs. Each Monthly Cycle: (1) balances up to and including $50,000 in Flex Savings receive an APY of 0.25%; and (2) balances over $50,000 in Flex Savings earn 0.03% interest rate on portion of balance over $50,000 resulting in 0.25% to 0.12% APY depending on the balance. This quote APY range assumes a deposit amount of $120,000. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Limit one account per SSN. Fees may reduce earnings.

Effective Date: Saturday, May 18, 2024

Current APY* Minimum to Open
0.05% $0

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*Annual Percentage Yield (APY) may change at any time without notice.

Minimum balance to receive stated APY is $0.01. Fees may reduce earnings.

Effective Date: Saturday, May 18, 2024

Current APY* Minimum to Open
0.05% $1

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

No minimum monthly balance requirements.

*Annual Percentage Yield (APY) may change at any time without notice.

Minimum balance to receive stated APY is $0.01. Fees may reduce earnings.

Effective Date: Saturday, May 18, 2024

Current APY* Minimum to Open
0.05% $10

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

No minimum monthly balance requirements.

*Annual Percentage Yield (APY) may change at any time without notice.

Minimum balance to receive stated APY is $0.01. Fees may reduce earnings.

Restricted withdrawals. Withdrawals may result in account closing.