Walpole Co-operative Bank savings, CD and money market rates
Walpole Co-operative Bank's Statement Savings Account advertises 0.20% APY. That is 0.18 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1983 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1766.
Estimate your earnings·What Walpole Co-operative Bank actually pays
Walpole Co-operative Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.20% · Statement Savings Account |
| Minimum to open | $10 · Statement Savings Account |
| Against the national average | 0.18 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.40% · 10 months · 10 Month Certificate |
| Minimum to open | $2,500 · 10 months CD |
| Money market | |
| Top money market APY | Up to 1.50% · Money Market Account · needs at least $50,000 |
| Minimum to open | $20 · Money Market Account |
| Against the national average | 0.87 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 26487 · Walpole, MA |
|---|---|
| Website | www.walpolecoop.com |
| Branches | 1 branch in MA |
| Availability | Available in MA |
Walpole Co-operative Bank savings, CD and money market rates
Personal
How the rate applies
IRA
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.
Walpole Co-operative Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.95% | $2,500 | 3 Month Certificate |
| 6 months | 4.10% | $2,500 | 6 Month Certificate |
| 7 months | 4.10% | $2,500 | 7 Month Certificate |
| 10 months | 4.40% | $2,500 | 10 Month Certificate |
| 12 months | 4.20% | $1,000 | 1 Year Certificate |
| 15 months | 4.30% | $1,000 | 15 Month Certificate |
| 18 months | 3.60% | $1,000 | 18 Month Certificate |
| 24 months | 2.75% | $1,000 | 2 Year Certificate |
| 24 months | 2.75% | $1,000 | 2 Year Step Up Certificate |
| 36 months | 2.35% | $1,000 | 3 Year Certificate |
| 36 months | 2.35% | $1,000 | 36 Month Step Up Certificate |
| 48 months | 2.40% | $1,000 | 4 Year Certificate |
| 60 months | 2.45% | $1,000 | 5 Year Certificate |
Interactive Tool
Calculate Savings for Walpole Co-operative Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$74.70(0.5%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,074.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Walpole Co-operative 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.
In Q2 2026, Walpole Co-operative Bank paid a higher average rate on savings and money market deposits than 28% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Walpole Co-operative 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 | ||||||||
| Statement Savings Account | 0.20% | $10 | $0 | None | not stated | not stated | One rate | |
| Money Market Account | Up to 1.50% | $20 | $0 | None | not stated | not stated | Tiered | |
| Fine print: A balance of $1,000 or more avoids the monthly fee. The bank does not publish the amount of the fee online. | ||||||||
| IRA | ||||||||
| Variable Rate IRA | Up to 0.30% | $20 | $0 | None | not stated | not stated | Tiered | |
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 Certificate | 3 months | 0.95% | $2,500 | not stated | not stated |
| 6 Month Certificate | 6 months | 4.10% | $2,500 | not stated | not stated |
| 7 Month Certificate | 7 months | 4.10% | $2,500 | not stated | not stated |
| 10 Month Certificate | 10 months | 4.40% | $2,500 | not stated | not stated |
| 1 Year Certificate | 12 months | 4.20% | $1,000 | not stated | not stated |
| 15 Month Certificate | 15 months | 4.30% | $1,000 | not stated | not stated |
| 18 Month Certificate | 18 months | 3.60% | $1,000 | not stated | not stated |
| 2 Year Certificate | 24 months | 2.75% | $1,000 | not stated | not stated |
| 2 Year Step Up Certificate | 24 months | 2.75% | $1,000 | not stated | not stated |
| 3 Year Certificate | 36 months | 2.35% | $1,000 | not stated | not stated |
| 36 Month Step Up Certificate | 36 months | 2.35% | $1,000 | not stated | not stated |
| 4 Year Certificate | 48 months | 2.40% | $1,000 | not stated | not stated |
| 5 Year Certificate | 60 months | 2.45% | $1,000 | not stated | not stated |
Fine print for 2 CDs above: The rate may be stepped up once during the term. The holder asks the bank to move the rate to the rate it is then offering, for the rest of the original term.
Opening and using the account
| Availability | Available in MA |
|---|---|
| Footprint | 1 branch in MA |
| Eligibility | not stated |
How Walpole Co-operative Bank behaves over time
Every observation of the advertised Statement Savings Account rate in the last 12 months was 0.20% (observed through Nov 2, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 22, 202610 Month CertificateRaise:3.95%to4.15%
- Obs. Sep 22, 20261 Year CertificateRaise:4.05%to4.20%
- Obs. Sep 22, 202615 Month CertificateRaise:4.15%to4.30%
- Obs. Sep 7, 202615 Month CertificateRaise:4.00%to4.15%
- Statement Savings Account
- The same as 30 days ago.
- 10 months CD
- Up 0.25 percentage points from 7 days ago.
$10,000 at the 0.20% APY Walpole Co-operative Bank advertises on Statement Savings Account grows to $10,020 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 $9,659 does today. See how the federal funds rate shapes savings rates.
Walpole Co-operative Bank CD rates over time
Who is Walpole Co-operative Bank?
| Headquarters | Walpole, MA |
|---|---|
| Founded | 1912 |
| Scale | $646M assets · $509M deposits, $462M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 26487 |
| Charter state | Massachusetts · one of 91 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,539th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 37% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Walpole Co-operative Bank pays on deposits above.
Common questions about Walpole Co-operative Bank
Is Walpole Co-operative Bank FDIC insured?
Yes. Walpole Co-operative Bank is FDIC insured under certificate 26487, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Walpole Co-operative Bank?
Walpole Co-operative Bank requires a minimum deposit of $10 to open its Statement Savings Account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does Walpole Co-operative Bank have branches?
Yes. Walpole Co-operative Bank operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
Walpole Co-operative Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Walpole Co-operative Bank | 0.20% | 0.89% | $10 | 1 branch in MA |
| Aroostook County Federal Savings and Loan Association | 0.20% | 1.92% | $5 | 2 branches in ME |
| Bank Forward | 0.20% | 3.74% | $200 | 12 branches in MN, ND |
| Bank of Prairie du Sac | 0.20% | 2.46% | $100 | 2 branches in WI |
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 Walpole Co-operative 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 Walpole Co-operative Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Massachusetts, CD rates in Massachusetts, money market rates in Massachusetts, and banks in Massachusetts.