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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

Members Plus Credit Union

7.00%

High Earning CD

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APY
Institution
7.00%
Members Plus Credit Union
4.80%
Merrimack Valley Credit Union
4.80%
River Works Credit Union
4.75%
Leader Bank
4.60%
Needham Bank
4.51%
Eagle Bank
4.50%
Eastern Bank
4.50%
Mass Bay Credit Union
4.50%
TD Bank
4.50%
Dedham Savings Bank
4.50%
Citizens
4.50%
Boston Firefighters Credit Union
4.50%
First Priority Credit Union
4.49%
Tremont Credit Union
4.40%
Metro Credit Union
4.40%
Hingham Institution for Savings
4.40%
HarborOne Bank
4.30%
Berkshire Bank
4.30%
Hanscom Federal Credit Union
4.25%
Wells Fargo
4.25%
Rockland Trust
4.25%
Brookline Bank
4.25%
The Cooperative Bank
4.25%
City Of Boston Credit Union
4.20%
Salem Five
4.15%
Santander Bank
4.05%
Bank of America
4.00%
Chase Bank
4.00%
Webster Bank
4.00%
American Eagle Federal Credit Union
4.00%
Taupa Lithuania Federal Credit Union
3.95%
600 Atlantic Federal Credit Union
3.92%
Energy Credit Union
3.90%
M&T Bank
1.30%
OneUnited
0.30%
Commonwealth Bank
0.20%
Cabot Boston Credit Union
0.05%
PNC Bank

Last Updated: November 15, 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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