Needham Bank deposit products:

Business Deposit Rates

Current Certificate of Deposit (CD), Savings and Checking Rates as of November 2, 2026.

Business CD Special Interest Rates

6 Month CD Special1
4.20%APY*
6 Month Community CD Special2
4.25%APY*
18 Month Business CD Special
2.50%APY*
View all Rates

Business CD Special Interest Rates

ProductAPY (%)Rate (%)Minimum DepositMinimum to Obtain APY
6 Month Certificate of Deposit Special14.204.11$1,000$0.01
6 Month Community Certificate of Deposit Special24.254.16$1,000$0.01
18 Month Business Certificate of Deposit Special2.502.47$1,000$0.01

Business CD Interest Rates

ProductAPY (%)Rate (%)Minimum DepositMinimum to Obtain APY
5 Year Certificate of Deposit2.001.98$1,000$0.01
4 Year Certificate of Deposit2.001.98$1,000$0.01
3 Year Certificate of Deposit2.001.98$1,000$0.01
18 Month Certificate of Deposit2.502.47$1,000$0.01
2 Year Certificate of Deposit2.001.98$1,000$0.01
1 Year Certificate of Deposit2.752.71$1,000$0.01
6 Month Certificate of Deposit4.204.11$1,000$0.01
6 Month Community Certificate of Deposit24.254.16$1,000$0.01
3 Month Certificate of Deposit3.503.44$1,000$0.01

Business Money Market Interest Rates

ProductAPY (%)Rate (%)Minimum DepositMinimum to Obtain APY
Money Market.10.10$250$0-$24,999.99
Money Market $25,000+.15.15$250$25,000-$49,999.99
Money Market $50,000+.25.25$250$50,000-$$99,999.99
Money Market $100,000+.30.30$250$100,000+

Business Savings Interest Rates

ProductAPY (%)Rate (%)Minimum DepositMinimum to Obtain APY
NB Business Savings.05.05$10$0

* Annual Percentage Yield (APY)

  • All interest is credited monthly.
  • Interest on your account will be compounded continuously and credited monthly. If you close your account before the monthly statement cycle date, you will forfeit the uncredited interest.
  • Fees can reduce earnings of an account.
  • Interest rates are subject to change at the discretion of Needham Bank.
  • For CDs: a substantial penalty is required if partial or full withdrawal is made before CD maturity.

1Offer is only available on business accounts opened with new-to-Needham Bank funds. Needham Bank business checking account is required. Offer available in branch only.

2Offer is only available to 501(c) (3) organizations and opened with new-to-Needham Bank funds. A Needham Bank business checking account is also required. Offer available in branch only.