Money Market

Savings with tiered interest.


The higher the balance, the higher your rate of interest. Now that's an incentive to save! Our Money Market Account offers a limited amount of check writing features, plus a minimum opening deposit of just $1,000. Saving just got a lot easier!

• $1,000 minimum opening deposit
• $1,000 minimum balance
Tiered interest rates reward you for maintaining a higher balance
• Track your growth and manage your account through Online Banking
• Unlimited withdrawals in person or with a Florence Bank Debit Card
• Up to six third-party transfers per statement cycle
• Direct deposit available
• Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage


Rates as of
All rates subject to change without notice.
 
Product Name Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit To Open Minimum Balance To Obtain The APY
Tier 1 0.05% 0.05% $1,000 $10
Tier 2 0.05% 0.05% $1,000 $1,000
Fees may reduce earnings on this account. The interest rate and APY may change after the account is opened.


Open a Money Market account online or visit any of our branch locations throughout Western Massachusetts.
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