Walden Mutual Bank savings and CD rates
Walden Mutual Bank advertises 2.75% APY on its Save Local account. The 2.75% applies to balances of $10,000 or more, up to $99,999.99. Below $10,000, the account advertises 1.75%. A balance above $99,999.99 earns 1.75% on the whole amount.
That is 2.38 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #340 of 2767 tracked savings rates by advertised APY. For a $10,000 balance it would rank #209.
Estimate your earnings·What Walden Mutual Bank actually pays
Walden Mutual Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 2.75% · Save Local · balances of $10,000 to $99,999.99 only |
| Minimum to open | $100 · Save Local |
| Against the national average | 2.38 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.75% · 1200 months · 100 Year Local Impact CD |
| Minimum to open | $1,000 · 1200 months CD |
| FDIC certificate | 59289 · Concord, NH |
|---|---|
| Website | www.waldenmutual.com |
| Branches | 1 branch in NH |
| Availability | Available in NH |
Walden Mutual Bank savings and CD rates
Personal
How the rate applies
Business
How the rate applies
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Walden Mutual Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 6 months | 3.25% | $1,000 | 6 Month Local Impact CD |
| 12 months | 3.25% | $1,000 | 1 Year Local Impact CD |
| 24 months | 3.00% | $1,000 | 2 Year Local Impact CD |
| 36 months | 3.00% | $1,000 | 3 Year Local Impact CD |
| 60 months | 3.00% | $1,000 | 5 Year Local Impact CD |
| 120 months | 4.00% | $1,000 | 10 Year Local Impact CD |
| 1200 months | 4.75% | $1,000 | 100 Year Local Impact CD |
| Business CDs | |||
| 6 months | 3.25% | $1,000 | 6 Month Local Impact Business CD |
| 12 months | 3.25% | $1,000 | 1 Year Local Impact Business CD |
| 24 months | 3.00% | $1,000 | 2 Year Local Impact Business CD |
| 36 months | 3.00% | $1,000 | 3 Year Local Impact Business CD |
| 60 months | 3.00% | $1,000 | 5 Year Local Impact Business CD |
| 120 months | 4.00% | $1,000 | 10 Year Local Impact Business CD |
| 1200 months | 4.75% | $1,000 | 100 Year Local Impact Business CD |
Interactive Tool
Calculate Savings for Walden Mutual Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$869.40(5.8%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,869.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Walden Mutual 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 2.75% applies to balances of $10,000 or more, up to $99,999.99. Below $10,000, the account advertises 1.75%. A balance above $99,999.99 earns 1.75% on the whole amount.
In Q2 2026, Walden Mutual Bank paid a higher average rate on savings and money market deposits than 85% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Walden Mutual 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 | ||||||||
| Save Local | 2.75% | $100 | $0 | $99,999.99 | not stated | not stated | Tiered | |
| Fine print: The stated APY applies only to balances from $10,000 to $99,999.99. Balances under $10,000 and balances of $100,000 or more earn a lower rate. | ||||||||
| Business | ||||||||
| Save Local Business | 2.50% | $100 | $0 | $249,999.99 | not stated | not stated | Tiered | |
| Fine print: The stated APY applies only to balances from $10,000 to $249,999.99. Balances under $10,000 and balances of $250,000 or more earn a lower 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 |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 6 Month Local Impact CD | 6 months | 3.25% | $1,000 | not stated | not stated |
| 1 Year Local Impact CD | 12 months | 3.25% | $1,000 | not stated | not stated |
| 2 Year Local Impact CD | 24 months | 3.00% | $1,000 | not stated | not stated |
| 3 Year Local Impact CD | 36 months | 3.00% | $1,000 | not stated | not stated |
| 5 Year Local Impact CD | 60 months | 3.00% | $1,000 | not stated | not stated |
| 10 Year Local Impact CD | 120 months | 4.00% | $1,000 | not stated | not stated |
| 100 Year Local Impact CD | 1200 months | 4.75% | $1,000 | not stated | not stated |
| Business CDs | |||||
| 6 Month Local Impact Business CD | 6 months | 3.25% | $1,000 | not stated | not stated |
| 1 Year Local Impact Business CD | 12 months | 3.25% | $1,000 | not stated | not stated |
| 2 Year Local Impact Business CD | 24 months | 3.00% | $1,000 | not stated | not stated |
| 3 Year Local Impact Business CD | 36 months | 3.00% | $1,000 | not stated | not stated |
| 5 Year Local Impact Business CD | 60 months | 3.00% | $1,000 | not stated | not stated |
| 10 Year Local Impact Business CD | 120 months | 4.00% | $1,000 | not stated | not stated |
| 100 Year Local Impact Business CD | 1200 months | 4.75% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in NH |
|---|---|
| Footprint | 1 branch in NH |
| Eligibility | not stated |
How Walden Mutual Bank behaves over time
Every observation of the advertised Save Local rate in the last 12 months was 2.75% (observed through Sep 30, 2026). The series includes promotional tiers where one applied.
- Rate last changed
- Sep 30, 2026(effective date)
$10,000 at the 2.75% APY Walden Mutual Bank advertises on Save Local grows to $10,275 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 $9,937 does today. See how the federal funds rate shapes savings rates.
Walden Mutual Bank CD rates over time
Who is Walden Mutual Bank?
| Headquarters | Concord, NH |
|---|---|
| Founded | 2022 |
| Scale | $193M assets · $173M deposits, $148M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 59289 |
| Charter state | New Hampshire · one of 17 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,942nd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 97% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Walden Mutual Bank pays on deposits above.
Common questions about Walden Mutual Bank
Is Walden Mutual Bank FDIC insured?
Yes. Walden Mutual Bank is FDIC insured under certificate 59289, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Walden Mutual Bank?
Walden Mutual Bank requires a minimum deposit of $100 to open its Save Local account, as observed on Sep 30, 2026. Check the bank's current terms before you open an account.
Does the 2.75% apply to my whole balance?
The 2.75% applies to balances of $10,000 or more, up to $99,999.99. Below $10,000, the account advertises 1.75%. A balance above $99,999.99 earns 1.75% on the whole amount.
Does Walden Mutual Bank have branches?
Yes. Walden Mutual Bank operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
Walden Mutual Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Walden Mutual Bank | 2.75% | 2.52% | $100 | 1 branch in NH |
| ableBanking | 2.75% | 2.09% | $2,500 | not stated |
| Bankwell Bank | 2.75% | 3.28% | $100 | 11 branches in CT, NY |
| Lincoln Savings Bank | 2.75% | 2.29% | $2,500 | 16 branches in IA |
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 Walden Mutual Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in New Hampshire, nearest to Walden Mutual Bank in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.