Deposit Rates

Business Deposit Rates

Effective July 6, 20171

Premier Business Checking2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.02% 0.02% $100,000
0.02% 0.02% $50,000
0.02% 0.02% $25,000
0.02% 0.02% $10,000
0.02% 0.02% $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
0.02% 0.02% $100,000
0.02% 0.02% $50,000
0.02% 0.02% $25,000
0.02% 0.02% $10,000
0.02% 0.02% $10

Analyzed Municipal Business Checking2, 3

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.02% 0.02% $100,000
0.02% 0.02% $50,000
0.02% 0.02% $25,000
0.02% 0.02% $10,000
0.02% 0.02% $10

Business Statement Savings2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.10% 0.10% $100,000
0.10% 0.10% $50,000
0.10% 0.10% $25,000
0.10% 0.10% $10,000
0.05% 0.05% $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
0.50% 0.50% $50,000
0.40% 0.40% $25,000
0.35% 0.35% $10,000
0.30% 0.30% $10

Business Money Market2

APY1 Interest Rate Minimum Daily Balance to Earn APY1
0.30% 0.30% $2,500,000
0.45% 0.45% $1,000,000
0.45% 0.45% $100,000
0.25% 0.25% $50,000
0.20% 0.20% $25,000
0.10% 0.10% $10,000
0.10% 0.10% $10

 Certificates of Deposits4

CD Term5 Minimum to Open Compounded Minimum to Earn APY1 APY1 Interest Rate
59 Month6 $500 Daily $10 2.50% 2.47%
36 Month $500 Daily $10 1.30% 1.29%
24 Month $500 Daily $10 0.90% 0.90%
23 Month6 $500 Daily $10 2.00% 1.98%
18 Month $500 Daily $10 0.50% 0.50%
12 Month $500 Daily $10 0.40% 0.40%
6 Month $500 Monthly $10 0.25% 0.25%
91 Days $500 Monthly $10 0.10% 0.10%

For more information, stop by your nearest branch, call 800.361.6903 or contact a Business Banker directly


1. Annual Percentage Yields (APYs) are effective as of July 6, 2017 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 0.30%.
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.
6. Promotional CDs.