Consumer Deposit Rates
Grow your deposits with strong rates on checking and savings accounts
You're always looking for the best value for your hard-earned money. With Webster Five Bank, you can save for short-term and long-range plans in deposit accounts that deliver good returns effortlessly. For checking and savings accounts, CDs and IRAs, we help people do more with their money. We're based in Worcester County, MA, and FDIC/DIF insured.
Personal Checking
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Minimum Balance to Earn APY
|
Minimum Opening Deposit
|
|---|---|---|---|
|
Amplify Checking
|
|||
| 0.49% | 0.50% | $10.00 | $10.00 |
The annual percentage yield (APY) may change after the account is opened. The annual percentage yield assumes the funds will remain on deposit for a full year at the advertised rate. The daily compounding method is used on all accounts show above. Fees or other conditions could reduce the earning on the accounts shown above. Rates are subject to change without prior notice.
Annual Percentage Yield rates are effective as of October 29, 2026.
Personal Savings
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Minimum Balance to Earn APY
|
Minimum Opening Deposit
|
|---|---|---|---|
|
Everyday Savings
|
|||
| 0.05% | 0.05% | $10.00 | $10.00 |
|
Everyday Money Market
|
|||
| 1.23% | 1.25% | $10.00 | $10.00 |
|
Amplify Money Market ($0 - $249,999.99)
|
|||
| 2.20% | 2.25% | $10.00 | $10.00 |
|
Amplify Money Market ($250,000+)
|
|||
| 2.68% | 2.75% | $10.00 | $10.00 |
The annual percentage yield (APY) may change after the account is opened. The annual percentage yield assumes the funds will remain on deposit for a full year at the advertised rate. The daily compounding method is used on all accounts show above. Fees or other conditions could reduce the earning on the accounts shown above. Rates are subject to change without prior notice.
Annual Percentage Yield rates are effective as of October 29, 2026.
Certificate of Deposit
|
Term
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Minimum Balance to Earn APY
|
Minimum Opening Deposit
|
|---|---|---|---|---|
| 6 month | 3.69% | 3.75% | $10.00 | $2,500.00 |
| 12 month | 3.63% | 3.75% | $10.00 | $1,000.00 |
| 16 month* | 4.11% | 4.25% | $10.00 | $25,000** |
| 24 month | 3.39% | 3.50% | $10.00 | $1,000.00 |
| 36 month | 3.15% | 3.25% | $10.00 | $1,000.00 |
| 48 month | 2.92% | 3.00% | $10.00 | $1,000.00 |
The APY assumes interest will remain on deposit until maturity; a withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. The daily compounding method is used on all certificates of deposit except on 6 month certificates of deposit, which are compounded monthly. Fees or other conditions could reduce the earning on the accounts shown above. Rates are subject to change without prior notice.
Annual Percentage Yield rates are effective as of October 29, 2026.
*At maturity, this account will automatically renew and convert into a standard 12-month Certificate of Deposit (CD). It will earn the standard 12-month rate in effect at that time (which may be lower than this promotional rate) and will become subject to our standard 12-month early withdrawal penalty, which is currently 6 months' interest on the amount withdrawn.
**To qualify for this promotional CD, your opening deposit must be made entirely with new money, meaning funds that come from outside Webster Five, such as a check from another financial institution, an external ACH transfer, or a wire transfer. Funds transferred from Webster Five accounts that are currently open or were closed within the last 90 days do not qualify. Webster Five reserves the right to determine whether a deposit meets the new money requirement.
IRAs
|
Term
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Minimum Balance to Earn APY
|
Minimum Opening Deposit
|
|---|---|---|---|---|
| 6 month | 3.69% | 3.75% | $10.00 | $500.00 |
| 12 month | 3.63% | 3.75% | $10.00 | $500.00 |
| 24 month | 3.39% | 3.50% | $10.00 | $500.00 |
| 36 month | 3.15% | 3.25% | $10.00 | $500.00 |
| 48 month | 2.92% | 3.00% | $10.00 | $500.00 |
The APY assumes interest will remain on deposit until maturity; a withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. The daily compounding method is used on all certificates of deposit except on 6 month certificates of deposit, which are compounded monthly. Fees or other conditions could reduce the earning on the accounts shown above. Rates are subject to change without prior notice.
Annual Percentage Yield rates are effective as of October 29, 2026.
Tools to Help You Succeed
Learn how to safeguard your accounts with our collection of fraud alerts, cybersecurity insights, and best‑practice guides.
