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Banking In Boston

Boston is home to some pretty popular banks, but those big names do not always reap the best rewards. Below you'll find the top savings, checking, and certificate deposit accounts in the city.

Working from Home

River Works Credit Union

5.38%

High Earning CD with Short Term

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APY
Institution
Min. Deposit
5.38%
River Works Credit Union
$500
5.25%
Needham Bank
$1,000
5.25%
Leader Bank
$1,000
5.25%
Tremont Credit Union
$500
5.25%
Citizens
$25,000
5.25%
CIBC
$1,000
5.22%
Energy Credit Union
$1,000
5.15%
Rockland Trust
$1,000
5.15%
Mass Bay Credit Union
$500
5.10%
Brookline Bank
$5,000
5.10%
Dedham Savings Bank
$1,000
5.05%
Eastern Bank
$2,500
5.01%
Wells Fargo
$5,000
5.00%
The Cooperative Bank
$1,000
5.00%
Berkshire Bank
$1,000
5.00%
TD Bank
$250
5.00%
Metro Credit Union
$500
5.00%
Cambridge Savings Bank
$1,000
5.00%
Merrimack Valley Credit Union
$15,000
5.00%
Santander Bank
$500

Last Updated: June 4, 2024

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Bear Market

Most CD, savings, and checking account rates (in Boston) are staying the same or declining.

  • We compare Boston banking in one place, so that you can feel more confident about where you hold your money.

  • We only list institutions that are insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA).

  • Institutions offer many more financial products. We list the ones that we think are best for stay-at-home moms.

  • Please know there are neo and online banks that may have better profiles (terms, rates, experiences, etc). This list is for stay-at-home moms  that may need to stash some cash locally.

  • ​We believe strategically structuring finances is the secret sauce to helping stay-at-home moms earn more with what they have. 

  • Please know that numbers do not tell the whole story. Customer service, convenience, security, privacy practices, ease of use, and more can make an entity more appealing despite not having the highest rates. We can not vouch for every institution that we list. Instead we want to make sure you know you have options. You'll want to choose a place that compliments your unique needs.

  • While we try our best to provide accurate information, please refer to each institution for the most current details. Institutions change their offerings often, and we can not be responsible for any errors or omissions.

  • Some rates are based on Boston-area zip codes and may vary by location.

  • We are not sponsored or endorsed by any banking institution.

  • This list is for informational purposes only. It is not intended to recommend any product or service. We simply want to make it easier for you to shop around and discover an institution that best serves you!

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