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Small Business Deposit Rates

Rates effective as of September 10, 2025

All rates are subject to change without notice.

SMALL BUSINESS2

Account Type Earnings Credit Rate Minimum Deposit to Open
Analyzed Business Checking Account 0.30% $10

SMALL BUSINESS1,2

Account Type Interest Rate Annual Percentage Yield Minimum Deposit to Open Minimum Daily Balance to Earn APY
IOLTA Checking Account 2.48% 2.51% $0 $0
Small Business Money Market Account 0.45% 0.45% $1 $10.00-$5,000,000
Small Business Money Market Account 0.40% 0.40% $1 ≥$5,000,000.01
Escrow Management Subaccount 0.15% 0.15% $10 $1

1Fees may reduce earnings. For more information, please refer to our Business Account Fee Schedule and Understanding Your Business Account Handbook.

2You must live or work in New England.

CERTIFICATES OF DEPOSIT (CDs)2, 3

Product Interest Rate Annual Percentage Yield Minimum Deposit to Open Minimum Daily Balance to Earn APY
3 months 2.95% 3.00% $1,000 $10
6 months 2.95% 3.00% $1,000 $10
9 months 2.95% 3.00% $1,000 $10
1 year 2.95% 3.00% $1,000 $10
2 year 2.95% 3.00% $1,000 $10
3 year 2.47% 2.50% $1,000 $10
5 year 1.98% 2.00% $1,000 $10

3The APY is based on monthly compounding with funds held to maturity. Additional deposits to CDs are not permitted. All CDs are available in retirement plans with a $500 opening deposit. Substantial penalties for early withdrawal may be imposed. Withdrawals and penalties may reduce earnings. For more information, please refer to our Business Account Fee Schedule and Understanding your Deposit Account for Business Accounts Handbook.

CERTIFICATE OF DEPOSIT (CD) SPECIALS2,4

Product Interest Rate Annual Percentage Yield Minimum Deposit to Open Minimum Daily Balance to Earn APY
7 months 3.92% 4.00% $1,000 $10
11 months 3.92% 4.00% $1,000 $10

4 The APY is based on monthly compounding with funds held to maturity. Additional deposits to CDs are not permitted. All CDs are available in retirement plans with a $500 opening deposit. Substantial penalties for early withdrawal may be imposed. Withdrawals and penalties may reduce earnings. You must live or work in Massachusetts to take advantage of this CD Special. For more information, please refer to our Business Account Fee Schedule, Understanding your Deposit Account for Business Accounts Handbook, and CD Special Disclosure.