Deposit and Cash Management Consumer Rates

Direct Access

Wellesley Bank provides Direct Access to our dedicated and experienced Premier Bankers. Please feel free to stop into any of our Retail Offices for more information or:

Contact a Premier Banker

Deposit Rates effective November 17, 2017 Email a Friend Download PDF

Checking and Savings Accounts
ACCOUNT TYPE INTEREST RATE 1 APY 1 MINIMUM DAILY BALANCE TO EARN APY
Premier Plus Savings 2 3 0.25% 0.59%-0.48%4 $2,000,000.01+
0.60% 0.50%-0.59% $250,000.01 - $2,000,000.00
0.50% 0.50% $10.00 - $250,000.00
Statement Savings 2 0.05% 0.05% $10.00
NOW Checking 2 0.03% 0.03% $10.00

(1) Interest Rate and Annual Percentage Yield (APY) are variable-rates and may change after the account is opened.
(2) Fees could reduce earnings on the account.
(3) Must have Premier Plus Checking Account to open Premier Plus Savings Account.
(4) The APY is calculated on $3,000,000.00 daily balance.

Money Market Accounts
ACCOUNT TYPE INTEREST RATE 1 APY 1 MINIMUM DAILY BALANCE TO EARN APY
Money Market 2 0.40% 0.40% $100,000+
0.25% 0.25% $50,000.00 - $99,999.99
0.20% 0.20% $25,000.00 - $49,999.99
0.15% 0.15% $5,000.00 - $24,999.99
0.10% 0.10% $10.00 - $4,999.99

(1) Interest Rate and Annual Percentage Yield (APY) are variable-rates and may change after the account is opened.
(2) Fees could reduce earnings on the account.

Certificate Deposit and IRA Accounts
ACCOUNT TYPE INTEREST RATE 1 APY 1 MINIMUM DAILY BALANCE TO EARN APY
4-Year 1.39% 1.40% $250.00
3-Year 1.24% 1.25% $250.00
2-Year 1.00% 1.00% $250.00
18-Month 1.24% 1.25% $250.00
15-Month Premier Plus3 1.49% 1.50% $250.00
15-Month 1.00% 1.00% $250.00
1-Year 1.24% 1.25% $250.00
6-Month 0.45% 0.45% $250.00

(1) Interest Rate and Annual Percentage Yield (APY) is subject to change.
(2) A penalty may be imposed for early withdrawal on certificate deposit account.
(3) Must have Premier Plus Checking Account to obtain this special offer.