Country Bank for Savings savings and CD rates
Country Bank for Savings advertises 0.10% APY on its Choice Savings account. That is 0.27 percentage points below the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #2102 of 2927 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1937.
Estimate your earnings·What Country Bank for Savings actually pays
Country Bank for Savings at a glance
| Savings | |
|---|---|
| Top savings APY | 0.10% · Choice Savings |
| Minimum to open | $10 · Choice Savings |
| Against the national average | 0.27 percentage points below the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.07% · 14 months · Relationship 14 Month CD · needs a linked account at the bank |
| Minimum to open | $500 · 14 months CD |
| FDIC certificate | 23992 · Ware, MA |
|---|---|
| Website | www.countrybank.com |
| Branches | 16 branches in MA |
| Availability | Available in MA |
Country Bank for Savings savings and CD rates
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 12.00%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Country Bank for Savings CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.10% | $500 | 3-Month (91 Days) CD |
| 6 months | 3.56% | $500 | Relationship 6 Month CD |
| 6 months | 3.30% | $500 | 6 Month CD Special |
| 6 months | 0.10% | $500 | 6-Month (182 Days) CD |
| 9 months | 0.25% | $500 | 9-Month (273 Days) CD |
| 10 months | 3.82% | $500 | Relationship 10 Month CD |
| 10 months | 3.56% | $500 | 10 Month Add On CD Special |
| 12 months | 0.50% | $500 | 1-Year CD |
| 14 months | 4.07% | $500 | Relationship 14 Month CD |
| 14 months | 3.81% | $500 | 14 Month CD |
| 24 months | 0.50% | $500 | 2-Year CD |
| 28 months | 3.30% | $500 | Relationship 28 Month CD |
| 28 months | 3.04% | $500 | 28 Month CD Special |
| 36 months | 0.75% | $500 | 3-Year CD |
| 42 months | 3.30% | $500 | Relationship 42 Month CD |
| 42 months | 3.04% | $500 | 42 Month CD Special |
| 48 months | 1.00% | $500 | 4-Year CD |
| 56 months | 3.04% | $500 | 56 Month CD Special |
| 60 months | 1.00% | $500 | 5-Year CD |
Interactive Tool
Calculate Savings for Country Bank for Savings
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$37.30(0.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,037.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Country Bank for Savings pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Country Bank for Savings paid a higher average rate on savings and money market deposits than 51% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Country Bank for Savings, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Choice Savings | 0.10% | $10 | $0 | None | not stated | not stated | One rate |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 3-Month (91 Days) CD | 3 months | 0.10% | $500 | not stated | not stated |
| Relationship 6 Month CD | 6 months | 3.56% | $500 | not stated | not stated |
| 6 Month CD Special | 6 months | 3.30% | $500 | not stated | not stated |
| 6-Month (182 Days) CD | 6 months | 0.10% | $500 | not stated | not stated |
| 9-Month (273 Days) CD | 9 months | 0.25% | $500 | not stated | not stated |
| Relationship 10 Month CD | 10 months | 3.82% | $500 | not stated | not stated |
| 10 Month Add On CD Special | 10 months | 3.56% | $500 | not stated | not stated |
| Fine print: Additional deposits of $1,000 or more in new money can be made during the term. The add-on feature ends when the certificate renews. Not available as an IRA. | |||||
| 1-Year CD | 12 months | 0.50% | $500 | not stated | not stated |
| Relationship 14 Month CD | 14 months | 4.07% | $500 | not stated | not stated |
| 14 Month CD | 14 months | 3.81% | $500 | not stated | not stated |
| 2-Year CD | 24 months | 0.50% | $500 | not stated | not stated |
| Relationship 28 Month CD | 28 months | 3.30% | $500 | not stated | not stated |
| 28 Month CD Special | 28 months | 3.04% | $500 | not stated | not stated |
| 3-Year CD | 36 months | 0.75% | $500 | not stated | not stated |
| Relationship 42 Month CD | 42 months | 3.30% | $500 | not stated | not stated |
| 42 Month CD Special | 42 months | 3.04% | $500 | not stated | not stated |
| 4-Year CD | 48 months | 1.00% | $500 | not stated | not stated |
| 56 Month CD Special | 56 months | 3.04% | $500 | not stated | not stated |
| 5-Year CD | 60 months | 1.00% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in MA |
|---|---|
| Footprint | 16 branches in MA |
| Eligibility | not stated |
How Country Bank for Savings behaves over time
Every observation of the advertised Choice Savings rate in the last 12 months was 0.10% (observed through Oct 7, 2026). The series includes promotional tiers where one applied.
- Choice Savings
- The same as 30 days ago.
- 14 months CD
- Up 0.51 percentage points from 7 days ago.
- Rate last changed
- Oct 2, 2026(effective date)
$10,000 at the 0.10% APY Country Bank for Savings advertises on Choice Savings grows to $10,010 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,681 does today. See how the federal funds rate shapes savings rates.
Country Bank for Savings CD rates over time
Who is Country Bank for Savings?
| Headquarters | Ware, MA |
|---|---|
| Founded | 1850 |
| Scale | $2.2B assets · $1.7B deposits, $1.4B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 23992 |
| Charter state | Massachusetts · one of 91 insured banks chartered there (Q2 2026, FDIC) |
| Size | 581st-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 90% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Country Bank for Savings pays on deposits above.
Common questions about Country Bank for Savings
Is Country Bank for Savings FDIC insured?
Yes. Country Bank for Savings is FDIC insured under certificate 23992, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Country Bank for Savings?
Country Bank for Savings requires a minimum deposit of $10 to open its Choice Savings account, as observed on Oct 7, 2026. Check the bank's current terms before you open an account.
Does Country Bank for Savings have branches?
Yes. Country Bank for Savings operates 16 branches according to FDIC branch records, in addition to its website and mobile apps.
Country Bank for Savings against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Country Bank for Savings | 0.10% | 1.47% | $10 | 16 branches in MA |
| Alliance Bank | 0.10% | 1.33% | $300 | 7 branches in IN |
| Andover State Bank | 0.10% | 2.23% | not stated | 2 branches in KS |
| Argentine Federal Savings | 0.10% | 1.99% | $50 | 2 branches in KS |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Country Bank for Savings's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Massachusetts, nearest to Country Bank for Savings in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.
State pages: CD rates in Massachusetts, and banks in Massachusetts.