Simplified Employee Pension (SEP) IRAs

Plan for your employees’ futures by growing tax-deductible contributions with long-term security and convenience.

Benefits & Features

Comparison checkmark
Automatic renewal options

Give yourself peace of mind with the long-term security and convenience that comes with our automatic renewal options.

Comparison checkmark
Fully insured deposits

All deposits at Needham Bank are insured in full through the combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).

Comparison checkmark
Your money, your way

Save money for the future with competitive interest rates and a wide variety of term options, all with a low minimum investment balance.

Business Online & Mobile Banking

Take complete control over your business finances whenever and wherever you want. NB Business Online and Mobile Banking scales to support your business at any size:

Serving Our Clients

Village Forge, Inc.

Tina Killeen, President, has seen Village Forge transform from a small railing shop out of her parents’ basement to a successful steel fabrication and welding company. Needham Bank helped save her employees’ jobs during the Paycheck Protection Program (PPP).