Premium Checking is a high-interest checking account that earns 2.00% APY* on balances over $20,000, paired with enhanced benefits designed for convenience, protection, and smarter money management.
2.00% APY* on balances over $20,000.
Full ATM fee reimbursement — wherever you travel.
When you meet account requirements.
Qualify for our 3.50% APY** Premium Money Market Account.
A premium checking account is designed for customers who maintain higher balances and want more from their everyday banking. Unlike standard checking accounts, Premium Checking allows you to:
Premium Checking customers qualify for our exclusive Premium Money Market Account earning 3.50% APY**.
If you’re looking for a high-yield money market account that pairs perfectly with an interest-bearing checking account, this combination offers flexibility and competitive returns — without locking up your funds.
Premium Checking is a high-interest checking account designed to reward higher balances. It offers 2.00% APY* on balances over $20,000, along with enhanced benefits like ATM fee reimbursement and access to our Premium Money Market account.
You’ll earn 2.00% APY* on the portion of your balance over $20,000. Rates are variable and subject to change. Visit our personal deposit rates
To waive the $25.00 monthly maintenance fee, maintain each statement cycle: eStatements and either $5,000 in direct deposits or $50,000 in combined deposits at Needham Bank.
Yes. Premium Checking includes full reimbursement of ATM fees worldwide, giving you flexibility wherever you bank.
Premium Checking earns a high interest on qualifying balances and includes elevated benefits like ATM fee reimbursement and access to an exclusive Premium Money Market account.
Yes. You can open a Premium Checking account online or visit one of our branches for personalized assistance.
Premium Checking is ideal for customers who maintain higher balances and want their everyday account to earn competitive interest while enjoying enhanced benefits.
*Annual Percentage Yield (APY) effective as of March 18, 2026. We pay interest on your total balance based on the tier that your balance falls in. Tiers are balances up to $19,999.99 earn 0.10%, balances of $20,000 and above earn 2.00%. Rates subject to change. A minimum opening deposit of at least $10 is required. To waive the $25.00 monthly maintenance fee, maintain each statement cycle: eStatements and either $5,000 in direct deposits or $50,000 in combined deposits at Needham Bank. Fees may reduce earnings.
**Annual Percentage Yield (APY) as of March 18, 2026. We pay interest on your total balance based on the tier that your balance falls in. Tiers are balances up to $24,999.99 earn 0.50%, balances between $25,000 – $49,999.99 earn 2.50%, and balances $50,000 and above earn 3.50%. Premium Money Market accounts not paired with a Premium Checking account will earn 0.05% APY regardless of the balance. A minimum opening deposit of $250 is required. Personal accounts only. Rates subject to change. Some restrictions apply. Fees may reduce earnings.