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Rates for Savings Products

The following rates are effective July 12, 2020.

Rates are subject to change without notice.

Start Up Savings Open≤$1,000* 4.89% 5.00% Monthly

*APY (Annual Percentage Yield) accurate as of 1/1/20. $25 minimum opening deposit. Account must be opened with funds not currently on deposit at Dedham Savings.
5.00% APY for balances of $0 to $1,000. 0.05% APY for balances over $1,000. Rates guaranteed until 12/31/20, and subject to change thereafter. Limit of six (6) automated or
preauthorized transfers each statement cycle. A fee may be assessed for exceeding these limits. Online statements required within 30 days of account opening, or account will
revert to standard Statement Savings account at 0.05% APY for all balances. One account per customer. Limited time offer.

Start Up Savings Open>$1,000* 0.05% 0.05% Monthly
Personal Great Rate Savings* Open<$1,000* 0.05% 0.05% Monthly

* These accounts earn the same interest rate as our NOW checking account when they fall below the required minimum. All accounts must maintain a minimum balance of $10 to earn the APY. Interest rate may change after the account is opened. Fees may reduce earnings.

Personal Great Rate Savings* Open≥$1,000* 0.10% 0.10% Monthly
Personal Great Rate Savings* Open≥$25,000* 0.15% 0.15% Monthly
Personal Great Rate Savings* Open≥$50,000* 0.15% 0.15% Monthly
Savings Account Open$10.00 0.05% 0.05% Monthly
Preferred Money Market* Open≥$10,000 - $2,000,000* 0.60% 0.60% Monthly

*Rates subject to change. Minimum deposit of $10,000 required to open account. Maximum deposit of $2,000,000. Offer available for funds not currently on deposit at Dedham Savings only. One account per household. Fees may reduce earnings. Limited time offer. Limit of six (6) automated or preauthorized transfers or checks to third parties each statement cycle from the account. A fee may be assessed against account for exceeding these limits. 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.

Preferred Money Market* Open<$10,000 0.05% 0.05% Monthly
Money Market* Open≥$1,000* 0.05% 0.05% Monthly
Money Market* Open<$1,000* 0.05% 0.05% Monthly
Non- Personal Money Market* Open≥$50,000* 0.15% 0.15% Monthly
Non- Personal Money Market* Open≥$25,000* 0.15% 0.15% Monthly
Non- Personal Money Market* Open≥$1,000* 0.10% 0.10% Monthly
Non- Personal Money Market* Open<$1,000* 0.05% 0.05% Monthly

* These accounts earn the same interest rate as our NOW checking account when they fall below the required minimum. All accounts must maintain a minimum balance of $10 to earn the APY. Interest rate may change after the account is opened.  Fees may reduce earnings.

A-Plus ** Open≥$10,000** 0.10% 0.10% Monthly
A-Plus ** Open<$10,000** 0.05% 0.05% Monthly

**These accounts earn the same interest rate as our regular savings account when they fall below the required minimum. All accounts must maintain a minimum balance of $10 to earn the APY.