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
• Direct deposit available
• Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage
• Track your growth and manage your account through Online Banking
• Unlimited withdrawals in person or with a Florence Bank Debit Card
• 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 | 0.15% | 0.15% | $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.
