Millbury National Bank savings, CD and money market rates
Millbury National Bank's Kasasa Saver lists 3.25% APY on balances of $100,000 or less, and 0.40% on larger balances. That is 2.87 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Ranked #260 of 3121 tracked savings rates by advertised APY. For a $10,000 balance it would rank #156.
Estimate your earnings·What Millbury National Bank actually pays
Millbury National Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 3.25% · Kasasa Saver · $100,000 or less only · needs a linked account at the bank |
| Minimum to open | $0 · Kasasa Saver |
| Against the national average | 2.87 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.06% · 7 months · 7 Month CD Special |
| Minimum to open | $500 · 7 months CD |
| Against the national average | 2.67 percentage points above the 1.39% FDIC 6-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | 3.42% · Platinum Money Market |
| Minimum to open | $0 · Platinum Money Market |
| Against the national average | 2.79 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 2616 · Millbury, MA |
|---|---|
| Website | www.mnbonline.com |
| Branches | 1 branch in MA |
| Availability | Available in MA |
Millbury National Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Business
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Millbury National Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.65% | $1,000 | 91 Day CD |
| 6 months | 3.63% | $500 | 6 Month CD |
| 7 months | 4.06% | $500 | 7 Month CD Special |
| 12 months | 3.44% | $500 | 1 Year CD |
| 12 months | 3.70% | $500 | Platinum 1 Year CD Special |
| 24 months | 3.55% | $500 | 2 Year CD |
| 24 months | 3.80% | $500 | Platinum 2 Year CD Special |
| 36 months | 3.55% | $500 | 3 Year CD |
| 36 months | 3.80% | $500 | Platinum 3 Year CD Special |
| IRA CDs | |||
| 6 months | 3.63% | $500 | 6 Month IRA |
| 12 months | 3.44% | $500 | 1 Year IRA |
Interactive Tool
Calculate Savings for Millbury National Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,261.90(8.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,261.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Millbury National Bank 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. The 3.25% applies to balances of $100,000 or less. A larger balance earns 0.40% on the whole amount.
In Q2 2026, Millbury National Bank paid a higher average rate on savings and money market deposits than 65% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Millbury National Bank, 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 |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Kasasa Saver | 3.25% | $0 | $0 | $100,000 | not stated | Linked account at the bank | Tiered | |
| Fine print: The top rate covers up to $100,000 in a cycle with 12 debit card purchases, 1 direct deposit or ACH and e-statements on a linked Kasasa Cash or Cash Back account. Other cycles earn the base rate. | ||||||||
| Platinum Savings | 2.00% | not stated | $0 | None | not stated | not stated | One rate | |
| Fine print: The advertised rate applies to balances up to $1,000,000. A balance above that earns a lower blended yield. | ||||||||
| Everyday Savings | 0.05% | $0 | $0 | None | not stated | not stated | One rate | |
| Platinum Money Market | 3.42% | $0 | $0 | None | not stated | not stated | One rate | |
| Gold Money Market | 2.47% | $0 | $0 | None | not stated | not stated | One rate | |
| Everyday Money Market | 1.51% | $0 | $0 | None | not stated | not stated | One rate | |
| Fine print: The interest rate is set from the 30-day average SOFR index published by the Federal Reserve Bank of New York, so it moves when that index moves. | ||||||||
| IRA | ||||||||
| IRA Savings | 0.05% | $500 | $0 | None | not stated | not stated | One rate | |
| Fine print: The account takes $500 to open, while interest is earned on balances of $10 or more, so the opening minimum is well above the balance at which the account starts earning. | ||||||||
| Business | ||||||||
| Business Saver | 3.25% | not stated | $0 | $100,000 | not stated | Linked account at the bank | Tiered | |
| Fine print: The top rate covers up to $100,000 in a cycle with 10 debit card purchases, 1 ACH payment and e-statements on a linked Everyday Business Cash Back or Plus account. Other cycles earn the base rate. | ||||||||
Fine print for 2 products above: The rate follows the 30-day average SOFR published by the Federal Reserve Bank of New York and moves with it. Interest is paid only on balances up to $1,000,000.
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 |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 91 Day CD | 3 months | 3.65% | $1,000 | not stated | not stated |
| 6 Month CD | 6 months | 3.63% | $500 | not stated | not stated |
| 7 Month CD Special | 7 months | 4.06% | $500 | not stated | not stated |
| 1 Year CD | 12 months | 3.44% | $500 | not stated | not stated |
| Platinum 1 Year CD Special | 12 months | 3.70% | $500 | not stated | not stated |
| 2 Year CD | 24 months | 3.55% | $500 | not stated | not stated |
| Platinum 2 Year CD Special | 24 months | 3.80% | $500 | not stated | not stated |
| 3 Year CD | 36 months | 3.55% | $500 | not stated | not stated |
| Platinum 3 Year CD Special | 36 months | 3.80% | $500 | not stated | not stated |
| IRA CDs | |||||
| 6 Month IRA | 6 months | 3.63% | $500 | not stated | not stated |
| 1 Year IRA | 12 months | 3.44% | $500 | not stated | not stated |
Fine print for 3 CDs above: Interest is paid only on balances up to $1,000,000. The portion of a balance above that earns no interest.
Opening and using the account
| Availability | Available in MA |
|---|---|
| Footprint | 1 branch in MA |
| Eligibility | not stated |
How Millbury National Bank behaves over time
Every observation of the advertised Kasasa Saver rate in the last 12 months was 3.25% (observed through Oct 28, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 1, 2026Everyday Money MarketRaise:1.47%to1.51%
- Obs. Oct 1, 2026Gold Money MarketRaise:2.40%to2.47%
- Obs. Oct 1, 2026Platinum Money MarketRaise:3.33%to3.42%
- Obs. Sep 2, 2026Everyday Money MarketRaise:1.46%to1.47%
- Obs. Sep 2, 2026Gold Money MarketRaise:2.38%to2.40%
- Kasasa Saver
- The same as 30 days ago.
- 7 months CD
- The same as 30 days ago.
- Platinum Money Market
- Up 0.09 percentage points from 30 days ago.
$10,000 at the 3.25% APY Millbury National Bank advertises on Kasasa Saver grows to $10,325 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,953 does today. See how the federal funds rate shapes savings rates.
Millbury National Bank CD rates over time
Who is Millbury National Bank?
| Headquarters | Millbury, MA |
|---|---|
| Founded | 1933 |
| Scale | $147M assets · $123M deposits, $100M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 2616 |
| Charter state | Massachusetts · one of 91 insured banks chartered there (Q2 2026, FDIC) |
| Size | 3,321st-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 74% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Millbury National Bank pays on deposits above.
Common questions about Millbury National Bank
Is Millbury National Bank FDIC insured?
Yes. Millbury National Bank is FDIC insured under certificate 2616, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Millbury National Bank?
Millbury National Bank requires no minimum deposit to open its Kasasa Saver account, as observed on Oct 28, 2026. Check the bank's current terms before you open an account.
Does the 3.25% apply to my whole balance?
The 3.25% applies to balances of $100,000 or less. A larger balance earns 0.40% on the whole amount. The rate needs a linked account at the bank. Rates are as observed on Oct 28, 2026.
Does Millbury National Bank have branches?
Yes. Millbury National Bank operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
Millbury National Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Millbury National Bank | 3.25% | 1.84% | $0 | 1 branch in MA |
| Axiom Bank, National Association | 3.25% | 2.70% | $25 | 7 branches in FL |
| Bluestone Bank | 3.25% | 2.35% | $10 | 11 branches in MA |
| Community Commerce Bank | 3.25% | 3.05% | $50 | 4 branches in CA |
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 Millbury National Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Massachusetts, nearest to Millbury National Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Massachusetts, money market rates in Massachusetts, and banks in Massachusetts.