Deposit Rates

Whether you are saving for retirement, building a nest egg, or planning for the unexpected, Charles River Bank has the power savings solutions you need to meet your goals.

Plus, at Charles River Bank, every deposit is insured in full through a combination of insurance from the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).

OPEN YOUR ACCOUNT TODAY! Click on the product name below to open your account online. You can also stop by any of our offices, or call (508) 533-8661.

Certificates of Deposit

TermMinimum BalanceInterest RateAPY*

3 Month CD
$1,0002.23%2.25%
6 Month CD$1,0002.47%2.50%
12 Month CD$1,0003.93%4.00%

18 Month CD
$1,0003.69%3.75%

24 Month CD
$1,0002.96%3.00%

30 Month CD
$1,0002.96%3.00%

36 Month CD
$1,0002.96%3.00%
42 Month CD$1,0002.96%3.00%

48 Month CD
$1,0002.96%3.00%
60 Month CD$1,0002.96%3.00%
*Annual Percentage Yield (APY) and rates effective as of 03/10/2023. Rates are subject to change without notice. Fees could reduce the earnings on these accounts. A penalty will be imposed for early withdrawal on Certificates of Deposit. Rates are guaranteed for the length of the term on fixed-rate certificates. For variable rate accounts, the rate may change after the account is opened.

Individual Retirement Accounts (IRA) Rates

TermMinimum BalanceInterest RateAPY*
3 Month$4002.23%2.25%
6 Month$4002.47%2.50%
12 Month$4003.93%4.00%
18 Month$4003.69%3.75%
24 Month$4002.96%3.00%
30 Month$4002.96%3.00%
36 Month$4002.96%3.00%
42 Month$4002.96%3.00%
48 Month$4002.96%3.00%
60 Month$4002.96%3.00%
*Annual Percentage Yield (APY) and rates effective as of 03/10/2023. Rates are subject to change without notice. Fees could reduce the earnings on these accounts. A penalty will be imposed for early withdrawal on Certificates of Deposit. Rates are guaranteed for the length of the term on fixed-rate certificates. For variable rate accounts, the rate may change after the account is opened.

Savings Accounts

ProductMinimum to OpenMinimum Balance
to Obtain APY
Interest RateAPY*
Passbook Savings$10$100.05%0.05%
Statement Savings$10$100.05%0.05%
Quarterly Statement Savings$10$100.05%0.05%
Holiday Account$20.05%0.05%
Statement Money Market$1,000$100,0000.25%0.25%
$50,0000.20%0.20%
$15,0000.15%0.15%
$100.10%0.10%
Commercial Money Market Account$1,000$500,0000.25%0.25%
$200,0000.25%0.25%
$100,0000.25%0.25%
$50,0000.20%0.20%
$15,0000.15%0.15%
$100.10%0.10%
Charles River Bank Fund$10$50,0000.20%0.20%
$15,0000.15%0.15%
$100.10%0.10%
*Annual Percentage Yield (APY) effective 12/19/2022 and subject to change.

Checking Accounts

ProductMinimum to OpenMinimum Balance
to Obtain APY
Interest RateAPY*
Premier Checking$100$100.05%0.05%
Choice Plus$100$5000.05%0.05%
Business Checking AccountThe Earnings Credit Rate (ECR) is variable. Earnings Credit is calculated using the average monthly collected balance in your account and is used to offset regular account maintenance fees.
*Annual Percentage Yield (APY) effective 02/02/2022 and subject to change.

Personal Connections. Powerful Solutions.
To find out how your neighbors at Charles River Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at (508) 533-8661.

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