All deposits at Needham Bank are insured in full through the combined coverage provided by the Federal Deposit Insurance Fund (FDIC) and the Depositors Insurance Fund (DIF):
DIF is an added benefit we provide to all customers at no cost on all of their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.
Round out your financial health with an exceptional suite of services that go perfectly with your Super Saver Money Market account:
Take advantage of our Super Saver Money Market account’s higher interest rate compared to our standard money market account.
We’re not just your bank. We’re your neighbors, and we’re committed to serving you with the same steadfast community values we were founded on. Let’s conquer your finances together.
*Annual Percentage Yield (APY) as of November 9, 2023. 4.50% APY is available for accounts with balances of $50,000 and over. Accounts with balances up to $49,999.99 will earn .50% APY. Offer is available to new customers only or existing customers who deposit $10,000 or more in new-to-Needham Bank funds. A minimum $250 deposit is required to open and no minimum to obtain .50% APY. Needham Bank personal checking account required. Rates subject to change. Personal accounts only. Some restrictions apply. If qualifications are not met within 60 days of account opening, the Super Saver Monday Market account may be converted to the standard Money Market Account.
**A minimum deposit of $10 is required upon opening an NB Checking Account. No monthly fees. No maintenance fees. No minimum balance required to earn interest. Free ATMs through full ATM reimbursement.