Money Market

Earn higher rates for higher balances.

With a Money Market¹, it pays to be good at saving. The higher your balance, the higher your rate. You’ll also have easy access to your funds. And since your money stays liquid, it’s never tied up—it’s right there whenever you need it.

View our current rates to choose a Money Market Account. You can even open it online!

The Perks

Fully Insured Deposits

With this account, you can rest insured. Unlike most banks and credit unions, your funds are insured in full up to any amount.¹

Free ATM Card

With a free ATM card, you can easily access your funds wherever you go. And speaking of deposits and withdrawals…

Easily Access Your Account

In-branch, via online or mobile banking, or at an ATM. Choose to save your money or spend it—this account works for you.

Higher Rates for Higher Balances

Get a great APY¹, and watch it increase along with your savings.

APY = Annual Percentage Yield. Minimum deposit of $10 required to open account. $5.00 fee imposed every statement cycle if minimum daily balance for cycle falls below $1,000. Does not apply to Preferred Money Market Account or Premium Money Market Account. Fees may reduce earnings. Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount.

Mobile App

Bank anywhere, anytime, and any way you want.

Deposit Checks

Now you can deposit checks in a snap. Literally. Just take a picture.

Send and Receive Money Instantly

With Zelle^®, you can easily send money in minutes to your friends and family, straight from your Checking account in the Dedham Savings mobile app. It doesn’t even matter where they bank.

Personal Finance

Use this free service in Online Banking & Mobile Banking to view all your accounts in one location, create budgets, manage spending, set goals, and more.

View Your Credit Score

Get instant access to your credit score, credit report, and credit monitoring.