rates
Competitive rates of return on deposit accounts and
competitive loan and mortgage rates make your money go farther.
That’s how we make more of your dreams a reality.
deposit rates
Be rewarded for banking with us.
These are our most current rates of return for certificates of deposit (CDs) and money market accounts, as well as our interest-bearing savings and checking accounts.*
You can also get current rates by calling (617) 325-2900.
*Rates are subject to change without notice.
earnings calculator
Loan payment calculator with balloon payment
If your loan may include a balloon payment, use this calculator to estimate your total monthly mortgage payment and to see how the amount of principal v. interest paid each month will change over the life of your loan.
certificates of deposit (1) (effective 05-12-2021)
Program
- 9 Month
- 12 Month
- 24 Month
- 36 Month
- 60 Month
Minimum Daily Balance to earn APY (2)
- $2,500
- $1,000
- $1,000
- $1,000
- $1,000
APY (2)
- 0.40%
- 0.35%
- 0.50%
- 0.50%
- 0.50%
Interest Rate
- 0.40%
- 0.35%
- 0.50%
- 0.50%
- 0.50%
Minimum Deposit to Open Account
- $2,500
- $1,000
- $1,000
- $1,000
- $1,000
1-Penalties maybe imposed for early withdrawals
2-Annual Percentage Yields (APYs) effective 05/12/21 and are subject to change at any time without notice. Annual Percentage Yield is based on monthly compounding of interest. Fees may reduce earnings.
SEE TERMS AND CONDITIONS OF YOUR ACCOUNT DISCLOSURE FOR ADDITIONAL ACCOUNT INFORMATION
personal deposit services rates (1) (effective 05/12/2021)
Program
- eLife Savings (2) up to $2,000)
- over $2,000.00
- Statement Savings
- Preferred NOW
- Relationship Checking
- eLife Money Market (3)
- $0.01 – $499.99
- $500 – $2,499.99
- $2,500 – $9,999.99
- $10,000 – $24,999.99
- $25,000 +
- Preferred Money Market
- $0.01-$499.99
- $500 – $2499.99
- $2,500 – $9,999.99
- $10,000 – $24,999.99
- $25,000+
Minimum Daily Balance to earn APY (1)
- $0.01
- $10.00
- $500.00
- $500.00
- $500.00
- $500.00
APY (1)
- 3.00%*
- 0.10%*
- 0.05%
- 0.05%
- 0.10%
- 0.05%
- 0.10%
- 0.15%
- 0.20%
- 0.25%
- 0.00%
- 0.05%
- 0.10%
- 0.20%
- 0.25%
Minimum Deposit to Open Account
- $10.00
- $10.00
- $25.00
- $25.00
- $25.00
- $2,500.00
1-Annual Percentage Yields (APYs) effective 05/12/2021 and are subject to change at any time without notice. Annual Percentage Yield is based on monthly compounding of interest. Fees may reduce earnings.
2-Annual Percentage Yield of 3.00% APY will be paid on the balance up to the first $2,000. An Annual Percentage Yield of 0.10% APY will be paid on the remaining balance that exceeds $2,000. which will create a blended rate made up of 3.00% APY and 0.10% APY. For example, a balance of $3,000 would earn a blended rate of 2.01% APY. Rate is variable and subject to change without notice. Must be linked to an eLife Checking* or Student Life Checking Account**, One eLife Savings account per customer.
3-eLife Checking* or Student Life Checking** account required to open eLife Money Market.
* eLife Checking – No minimum balance requirement. Direct Deposit and eStatement enrollment are required to
** eLife Student Checking – No minimum balance requirement. Direct Deposit and eStatement enrollment are required. No monthly maintenance fee. No foreign (non-TCB) ATM charges. Up to $12 in foreign (Non TCB ) ATM surcharge fee rebates. Customers may write up to ten (10) checks per month at no cost/$0.50 per check thereafter.
SEE TERMS AND CONDITIONS OF YOUR ACCOUNT DISCLOSURE FOR ADDITIONAL ACCOUNT INFORMATION