Personal Savings Accounts
Let's work together to meet your financial goals.
Middlesex Savings Bank offers a variety of Personal Savings Accounts to help support your savings habits and goals, so you can live better and be rewarded for all your hard work. Learn more to see which account may be right for you.
Put yourself in a position to take on the future
Not sure which is right for you? We can help narrow it down. Make selections based on your unique needs to find the perfect fit.
APY*
Everyday saving.
Flexibility
- Minimum opening deposit:
$1.00 - Accessible with ATM card
- Access your money anytime
- Variable APY
- Terms N/A
- IRA eligible
- Interest rates often higher than statement and passbook
- Rate bump for Freedom Gold and Platinum customers.
APY*
Record keeping of transactions
Tangible book
- Minimum opening deposit:
$1.00 - No ATM access
- Access your money anytime
- Variable APY
- Terms N/A
- Not eligible for IRA
- Often lowest interest APY
- No rate bump
APY*
Everyday saving
Unlimited access
- Minimum opening deposit:
$1.00 - No ATM access
- Access your money anytime
- Variable APY
- Terms N/A
- Not eligible for IRA
- Often lowest interest APY
- No rate bump
APY*
Savings you don’t need immediate access to.
Fixed Rate
- Minimum opening deposit:
$250.00 - Penalty fee for early Withdrawal
- Fixed APY
- Length of time money remains in account.
- 3-71 months terms.
- IRA eligible
- Interest rates often higher than statement, passbook, and money fund
- Rate bump for Freedom Gold and Platinum customers.
For additional support and guidance on reaching your savings goals, please let us know how we can help.
If you’re ready to start saving, apply now to open an account.
Basic Money Fund Account
Our Basic Money Fund out-earns most traditional savings accounts while offering absolutely guaranteed returns. When you need a safe way to grow your money, we've got good options.
- Open account with as little as $10
- No monthly fees
Freedom Gold® Money Fund Account
Add a Freedom Gold® Money Fund Checking account for a more generous interest rate on your savings. When it comes to earning more, we're right there with you.
- Higher returns than most traditional savings accounts
- Easy access to funds
Freedom Platinum® Money Fund Account
Open a top-tier Freedom Platinum® Checking account and automatically qualify for our highest Money Fund rates. When it comes to building on your financial success, we're right there with you.
- Higher returns than most traditional savings accounts
- Easy access to funds
Retirement Money Fund
- Gain peace of mind knowing your accounts are fully insured by the FDIC & DIF
- Add funds at your own pace: weekly, monthly, or in one lump sum
- Available for Traditional, ROTH, or SEP IRAs
Fun Club Account
Our Fun Club offers gifts, prizes, and other enjoyable ways for young people to learn the benefits of saving money. When it comes to teaching lessons that last a lifetime, we're right there with you.
- Children 12 and under are eligible
- Open a savings account with as little as $1
- Earn interest on balances over $10
Statement Savings Account
Start the ball rolling with regular deposits and we'll regularly pitch in balance-boosting interest payments. Whether you're saving for something special or seeking financial security, we want to help make it happen.
- No monthly fee
- Competitive interest payments
- Build up balance with direct deposit or automatic transfers from checking
Passbook Savings Account
At times, you're perfectly willing to manage your money through Online Banking. But when you make a deposit at your favorite Middlesex Savings Bank location, you may want it recorded in ink. No problem. When you want to keep things simple, we're right there with a passbook that allows you to bank your way.
- No monthly maintenance fee
- Earn competitive interest on deposits
- Track deposits, interest payments and balances in a paper passbook
Let's work together to meet your financial goals.
Middlesex Savings Bank offers a variety of personal savings accounts to help support your savings habits and goals, so you can live better and be rewarded for all your hard work.
Middlesex is a full-service bank serving individuals, families and business owners throughout Massachusetts.
Basic Money Fund Account
Our Basic Money Fund out-earns most traditional savings accounts while offering absolutely guaranteed returns. When you need a safe way to grow your money, we've got good options.
- Open account with as little as $10
- No monthly fees
Freedom Gold® Money Fund Account
Add a Freedom Gold® Money Fund Checking account for a more generous interest rate on your savings. When it comes to earning more, we're right there with you.
- Higher returns than most traditional savings accounts
- Easy access to funds
Freedom Platinum® Money Fund Account
Open a top-tier Freedom Platinum® Checking account and automatically qualify for our highest Money Fund rates. When it comes to building on your financial success, we're right there with you.
- Higher returns than most traditional savings accounts
- Easy access to funds
Retirement Money Fund
- Gain peace of mind knowing your accounts are fully insured by the FDIC & DIF
- Add funds at your own pace: weekly, monthly, or in one lump sum
- Available for Traditional, ROTH, or SEP IRAs
Fun Club Account
Our Fun Club offers gifts, prizes, and other enjoyable ways for young people to learn the benefits of saving money. When it comes to teaching lessons that last a lifetime, we're right there with you.
- Children 12 and under are eligible
- Open a savings account with as little as $1
- Earn interest on balances over $10
Statement Savings Account
Start the ball rolling with regular deposits and we'll regularly pitch in balance-boosting interest payments. Whether you're saving for something special or seeking financial security, we want to help make it happen.
- No monthly fee
- Competitive interest payments
- Build up balance with direct deposit or automatic transfers from checking
Passbook Savings Account
At times, you're perfectly willing to manage your money through Online Banking. But when you make a deposit at your favorite Middlesex Savings Bank location, you may want it recorded in ink. No problem. When you want to keep things simple, we're right there with a passbook that allows you to bank your way.
- No monthly maintenance fee
- Earn competitive interest on deposits
- Track deposits, interest payments and balances in a paper passbook
