NB Money Market

Make your savings grow while keeping your your funds liquid. Your NB Money Market account is designed for higher balances. As a result, it pays a higher rate of interest compared to our standard savings accounts. The more money you save, the higher your rate becomes.

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Benefits & Features

Higher Rate of Interest 

Take advantage of your NB Money Market account’s higher interest rate compared to our standard savings accounts. The higher your balance, the higher your rate. View Interest Rates

Fully Insured Deposits 

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

Online & Mobile Banking 

Have complete control over and access to your NB Money Market account at all times. Learn More

Your Money, Your Way

Save your money for the future instead of spending it on fees. We’ll never charge you monthly or maintenance fees on your NB Money Market account.

Keep Your Funds Liquid

With 6 transactions per month, your funds stay liquid while they grow and you can still access them while you save.

NB Money Market Highlights

  • Tiered interest rate
  • No monthly account or maintenance fees
  • Available as a Sweep Account
  • All deposits are 100% insured in full
  • Includes NB Mobile and Online Banking
  • Up to 6 transactions per month; this includes ACH, checks, transfers, and bill pay

Serving Our Clients

How to Save More Money with CDs/Share Certificates

A certificate of deposit is a smart savings option that helps you save more money over a period of time. Learn how to save more with CDs from Needham Bank.

Learn more about How to Save More Money with CDs/Share Certificates

FAQs

What types of savings accounts do you offer?

Needham Bank offers Money Market, Statement Savings and Passbook Savings Accounts. Please check out our Deposit Rates page for current rate information.

Are my deposit accounts insured?

Yes. We provide both FDIC and SIF insurance on your deposits. In general, the Federal Deposit Insurance Corporation (FDIC) insures the first $250,000 of deposits, the Share Insurance Fund (SIF) insures all deposits above that amount. For more a more detailed understanding of FDIC insurance please contact one of our banking representatives.

How do I make a deposit to my Needham Bank account from a remote location?

At Needham Bank, you can make deposits to your Needham Bank account via NB Mobile with Mobile Deposit, Remote Deposit Capture for businesses, Direct Deposit, Mobile or Online transfers between accounts, and directly through a Needham Bank ATM.

Does Needham Bank have an App?

Yes, Needham Bank offers two apps – one for consumer online banking and one for business online banking. Please search “Needham Bank” from within the iTunes or Google Play app stores.

Knowledge Center

The Best Time to Save Money on Products and Services

From cars to appliances, Needham Bank can help you discover the best time to purchase your next grill, mattress, TV and more. See when you can save, today.

Learn more about The Best Time to Save Money on Products and Services

Make your savings grow with our higher interest rates while keeping your funds liquid for your convenience.

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