Deposit Rates

Business Deposit Rates

Effective February 1, 20161

Premier Business Checking2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.01% 0.01% $100,000
0.01% 0.01% $50,000
0.01% 0.01% $25,000
0.01% 0.01% $10,000
0.01% 0.01% $10

IOLTA2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.50% 0.50% $0.00

Municipal Checking2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.01% 0.01% $100,000
0.01% 0.01% $50,000
0.01% 0.01% $25,000
0.01% 0.01% $10,000
0.01% 0.01% $10

Analyzed Municipal Business Checking2, 3

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.01% 0.01% $100,000
0.01% 0.01% $50,000
0.01% 0.01% $25,000
0.01% 0.01% $10,000
0.01% 0.01% $10

Business Statement Savings2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.03% 0.03% $100,000
0.03% 0.03% $50,000
0.03% 0.03% $25,000
0.03% 0.03% $10,000
0.03% 0.03% $10

Blue Hills Relationship Savings2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.30% 0.30% $2,500,000
0.50% 0.50% $1,000,000
0.50% 0.50% $100,000
0.40% 0.40% $50,000
0.30% 0.30% $25,000
0.20% 0.20% $10,000
0.10% 0.10% $10

Business Money Market2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.75% 0.75% $2,500,000
0.75% 0.75% $1,000,000
0.75% 0.75% $100,000
0.75% 0.75% $50,000
0.70% 0.70% $25,000
0.60% 0.60% $10,000
0.35% 0.35% $10

 Certificates of Deposits4

CD Term5 Minimum to Open Compounded Minimum to Earn APY1 APY1 Interest Rate
3 Year $500 Monthly $10 1.35% 1.34%
2 Year $500 Monthly $10 0.90% 0.90%
18 Months $500 Monthly $10 0.65% 0.65%
1 Year $500 Monthly $10 0.35% 0.35%
9 Months $500 Simple $10 0.26% 0.26%
6 Months $500 Simple $10 0.30% 0.30%
91 Days $500 Simple $10 0.26% 0.26%
30 Days $500 Simple $10 0.35% 0.35%

For more information, stop by your nearest branch, call 508.228.0580 or contact a Business Banker directly


1. Annual Percentage Yields (APYs) are effective as of February 1, 2016 and are subject to change at any time without notice. Fees may reduce earnings.
2. For variable-rate accounts, the rate may change after the account is opened. Business accounts only. Business must be domiciled or have a branch office in Massachusetts.
3. As of the date shown above, the Earnings Credit rate on analyzed business checking accounts is 0.50%.
4. Business accounts only. Business must be domiciled or have a branch office in Massachusetts.
5. Rates on Certificates of Deposit are guaranteed for the full length of the term and early withdrawal penalties may be imposed.