DEPOSIT RATES WEEK OF: AUGUST 26, 2008 ACCOUNT TYPE Annual Percentage Yield (APY) % INTEREST RATE % MINIMUM OPENING DEPOSIT MINIMUM TO OBTAIN APY 5 Year Certificate 3.10 3.06 $1,000.00 $1,000.00 3 Year Certificate 3.00 2.96 1,000.00 1,000.00 2 Year Certificate 2.90 2.87 1,000.00 1,000.00 1 Year Certificate 2.80 2.77 1,000.00 1,000.00 7 Month Certificate 3.51 3.45 2,500.00 2,500.00 6 Month Certificate 2.75 2.72 2,500.00 2,500.00 3 Month Certificate 2.50 2.48 2,500.00 2,500.00 IRA-5 Yr Certificate 3.15 3.11 250.00 250.00 IRA-3 Yr Certificate 3.05 3.01 250.00 250.00 IRA-2 Yr Certificate 2.95 2.92 250.00 250.00 IRA-1 Yr Certificate 2.85 2.82 250.00 250.00 IRA-6 Mo Certificate 2.80 2.77 250.00 250.00 **Money Market # 1.00 1.00 2,500.00 2,500.00 **Money Market 2.00 1.99 2,500.00 50,000.00 **Money Market 2.25 2.23 2,500.00 100,000.00 **Money Market 2.50 2.48 2,500.00 500,000.00 **Regular Savings 0.75 0.75 100.00 10.00 **NOW Checking 0.25 0.25 50.00 10.00 # If Daily Balance falls below $2,500.00 APY is .25% - Daily Balance of $ 9.99 or less APY is 0% ** Rate may change after account is opened A substantial interest penalty is required if partial or full withdrawal is made before maturity of a CD/IRA. Interest for all accounts is paid from day of deposit to day of withdrawal if a minimum balance is maintained. All interest is credited monthly. Fees can reduce the earnings of an account. Needham Bank's Featured 7 Month CD 3.51% APY* - 3.45% Interest Rate* *7 Month CD Interest Rate and Annual Percentage Yield (APY) as of 8/21/08, subject to change without notice. $2,500.00 minimum balance to open and earn APY. CD account has a fixed interest rate for the term of the certificate and may only be changed upon renewal at maturity. If no change is specified at maturity, this CD account will automatically rollover to a 6 Month CD. Penalty for early withdrawal may apply. Fees may reduce earnings. ONE TIME KICK-IT-UP FOR 3 OR 5 YEAR CD's AND IRA's PER CUSTOMER Needham Bank's 3 Year and 5 Year Kick-It-Up CD: 3 Year 3.00% APY* - 2.96% Interest Rate* 5 Year 3.10% APY* - 3.06% Interest Rate* If our rate goes up during your term, we'll "Kick It Up" for you! Accounts require a $1,000.00 minimum balance to open and earn Annual Percentage Yield (APY) stated. Rates and terms are offered as of 9/6/07 and are subject to change or termination without notice. APY stated assumes that interest and principal remain on deposit until maturity. Substantial penalty for early withdrawal. Fees may reduce earnings. The "Kick-It-Up" feature guarantees that if a higher APY becomes available on the new 3 or 5 Year CDs during the term of the CDs, you may elect in writing (1 time only) to increase the rate to a higher APY with no penalty. If you choose to do so, the CD will be renewed for 3 or 5 year at the higher APY. Additional deposit of $500.00 or more can be made during the "Kick-It-Up" request. Needham Bank's 3 Year and 5 Year Kick-It-Up IRA CD: 3 Year 3.05% APY* - 3.01% Interest Rate* 5 Year 3.15% APY* - 3.11% Interest Rate* If our rate goes up during your term, we'll "Kick It Up" for you! Accounts require a $250.00 minimum balance to open and earn Annual Percentage Yield (APY) stated. Rates and terms are offered as of 9/6/07 and are subject to change or termination without notice. APY stated assumes that interest and principal remain on deposit until maturity. Substantial penalty for early withdrawal. Fees may reduce earnings. The "Kick-It-Up" feature guarantees that if a higher APY becomes available on the new 3 or 5 Year CDs during the term of the IRA CDs, you may elect in writing (One Time Only) to increase the rate to a higher APY with no penalty. If you choose to do so, the CD will be renewed for 3 or 5 year at the higher APY. Additional deposit of $250.00 or more can be made during the "Kick-It-Up" request providing you have not met your yearly contribution limit. To help the government fight the funding of terrorism and money laundering activities, Federal Law requires us to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask your name, address, date of birth, and other information that will allow us to identify you. We will ask to see your driver's license or other identifying document. Please note, new customers must appear in person to open an account with the Bank. For further information call (781) 444-2100 ALL DEPOSITS ARE INSURED IN FULL INTEREST RATES ARE SUBJECT TO CHANGE AT THE DISCRETION OF THE BANK.