Rates
Rates as of: July 23, 2025
| Savings/NOW Account | Rate | APY* |
| Savings** | 0.10% | 0.10% |
| NOW*** | 0.05% | 0.05% |
** Minimum daily balance of $10 to obtain the disclosed APY
*** Minimum daily balance of $1 to obtain the disclosed APY.
The Interest Rate and Annual Percentage Yields (APY) may change. Fees may reduce the earnings on NOW accounts.
| Money Market Deposit Account* | Rate | APY |
| $1 to $49,999 | 0.25% | 0.25% |
| $50,000 to $99,999 | 1.00% | 1.00% |
| $100,000 to $249,999 | 1.64% | 1.65% |
| $250,000 to $499,999 | 2.13% | 2.15% |
| $500,000 to $999,999 | 2.62% | 2.65% |
| $1,000,000 & above | 2.96% | 3.00% |
Minimum daily balance of $1 to obtain the disclosed APY.
The Interest Rate and Annual Percentage Yield (APY) may change. Fees may reduce the earnings on Money Market Accounts.
| Certificate of Deposit* | Rate | APY* |
| 3 Months | 3.45% | 3.50% |
| 6 Months | 3.93% | 4.00% |
| 1 Year | 4.17% | 4.25% |
| 18 Months | 3.69% | 3.75% |
| 2 Years | 3.45% | 3.50% |
| 30 Months | 0.35% | 0.35% |
| 3 Years | 0.45% | 0.45% |
| 4 Years | 0.50% | 0.50% |
| 5 Years | 0.50% | 0.50% |
| Individual Retirement Accounts** | Rate | APY |
| 1 Year | 4.21% | 4.25% |
| 18 Months | 3.72% | 3.75% |
| 2 Years | 3.47% | 3.50% |
| 30 Months | 0.35% | 0.35% |
| 3 Years | 0.45% | 0.45% |
| 4 Years | 0.50% | 0.50% |
| 5 Years | 0.50% | 0.50% |
* Minimum balance to open Certificate of Deposit is $1,000, unless otherwise disclosed. Minimum balance of $1,000 is required to obtain the disclosed APY.
** Minimum Balance to open IRA Certificate of Deposit is $500, unless otherwise disclosed. Minimum balance of $500 is required to obtain the disclosed APY.
These rates are for informational purposes only. Due to rapid market fluctuations the actual interest rate you receive could be different.
Early withdrawal penalty may apply.
The disclosed APY assumes the interest remains on deposit for the term of the deposit. CDs must be opened at the main branch of National Grand Bank which is located at 91 Pleasant Street, Marblehead, MA 01945. Product offering may be withdrawn at anytime. Fees and other conditions may reduce earnings on accounts; ask for details. For other terms and fees, please refer to account disclosures available at account opening and upon request. A penalty may be imposed for early withdrawals. The FDIC (Federal Deposit Insurance Corporation) insures all deposits up to $250,000 per depositor relationship. For personal accounts only. Limited time offer.
