SAVE SAFELY
Your CD rate is guaranteed.
Reaching your financial goals, like any journey, starts with a first step. And we’re here to help you head in the right direction with savings that offer safety, security, and great rates.
Right now, our 8-Month CD1 (Certificate of Deposit) pays a pretty remarkable 4.15% APY.
Your rate is guaranteed and the minimum deposit to open your CD is just $1,000. Your deposits are also insured in full up to any amount, through our combined FDIC and DIF insurance coverage. So, your savings grow securely as you’re on your way to a nice financial future.
Of course, if you’d like to earn higher returns while still having access to your funds, our Premium Money Market Account2 (MMA) is a smart way to go. The higher your balance, the higher your rate. And, since your money stays liquid, it’s right there whenever you need it.
Let’s move your savings forward. Open an account today.
1APY (Annual Percentage Yield) accurate as of 5/21/25. APY assumes the interest remains on deposit for the term of the time deposit. Minimum balance to open account and earn stated APY is $1,000. A penalty may be imposed for early withdrawal. Fees and/or penalties may reduce earnings. Limited time offer.
2Minimum deposit of $10 required to open account. Maximum deposit of $2,000,000. Offer available for funds not currently on deposit at Dedham Savings. One account per household. Limited time offer. 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.