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Highest Club Savings Account Rates in Massachusetts
22 Massachusetts-specific products

By Aviel Fahl

Newest reading: October 13, 2026

Top Massachusetts Rate:3.00%

The Massachusetts market

Massachusetts accounts

22

Institutions

17

Top Massachusetts APY

3.00% APY

FDIC national average

0.37%

As of Sep 2026

22 club savings accounts are open only to Massachusetts residents, from 17 institutions. The highest advertised APY among them is 3.00%.

4 of the 22 Massachusetts club savings accounts advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.

Massachusetts-Specific Club Savings Accounts

Club Savings accounts specifically available to Massachusetts residents.

#1

Reading Co-operative Bank

Online Christmas Savings

+$300
per year
3.00% APY
Oct 9, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The balance is disbursed every October by check or internal transfer. Transfers out of the account, to another account or to a third party, are not permitted; only transfers in are.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound Freqdaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26620)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteReading Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#2

Winchester Co-operative Bank

Club Savings Account

+$100
per year
1.00% APY
Oct 13, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$1
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 27238)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteWinchester Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#3

Stoughton Co-operative Bank

Christmas Club

+$50
per year
0.50% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26513)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteStoughton Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#4

Stoughton Co-operative Bank

Vacation Club

+$50
per year
0.50% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26513)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteStoughton Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#5

Cape Ann Savings Bank

Christmas Club Account

+$25
per year
0.25% APY
Oct 3, 2026
FDIC InsuredNo MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90203)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteCape Ann Savings Bank

Direct Link to Product Page (Not Sponsored)

#6

Methuen Co-operative Bank

Club Accounts

+$10
per year
0.10% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$25
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26512)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteMethuen Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#7

The Bank of Canton

Holiday Club

+$10
per year
0.10% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The balance is paid out by check in early October each year, and interest is credited once a year at maturity. Any withdrawal before maturity closes the account.

Show Fine Print & Trends
Min. Deposit$5
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90175)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Bank of Canton

Direct Link to Product Page (Not Sponsored)

#8

Washington Savings Bank

Christmas Club

+$10
per year
0.10% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90229)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteWashington Savings Bank

Direct Link to Product Page (Not Sponsored)

#9

Dean Co-operative Bank

Club Savings

+$7
per year
0.07% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Each October the balance is transferred to a checking account or mailed as a check.

Show Fine Print & Trends
Min. Deposit$1
Min. Balance$1
Maintenance Fee$0
Compound Freqmonthly
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 27269)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteDean Co-operative Bank

Direct Link to Product Page (Not Sponsored)

#10

TruNorth Bank

Club Accounts

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Partial withdrawals are not allowed. In April or October the entire balance and its interest are paid out, either by check or by transfer to another account of your choice.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0.01
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90188)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteTruNorth Bank

Direct Link to Product Page (Not Sponsored)

#11

Bankhometown

Club Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Partial withdrawals are not allowed. In April or October the entire balance, including interest, is mailed to you by check or transferred to another account of your choice.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0.01
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26523)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteBankhometown

Direct Link to Product Page (Not Sponsored)

#12

Bluestone Bank

Holiday Club

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The balance is paid out by check at maturity in October, and the account renews for another year unless it is cancelled in writing. Closing the account early, or withdrawing part of it before maturity, forfeits the accrued interest and costs a $10.00 fee.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90169)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteBluestone Bank

Direct Link to Product Page (Not Sponsored)

#13

Charles River Bank

Holiday Account

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$2
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26602)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteCharles River Bank

Direct Link to Product Page (Not Sponsored)

#14

Coastal Heritage Bank

Seasonal Fall Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The accumulated savings are sent to you, or transferred to an account you choose, in October.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26591)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteCoastal Heritage Bank

Direct Link to Product Page (Not Sponsored)

#15

Coastal Heritage Bank

Seasonal Spring Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The accumulated savings are sent to you, or transferred to an account you choose, in April.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26591)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteCoastal Heritage Bank

Direct Link to Product Page (Not Sponsored)

#16

Florence Bank

Club Account

+$5
per year
0.05% APY
Oct 3, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 23293)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFlorence Bank

Direct Link to Product Page (Not Sponsored)

#17

Middlesex Federal Savings, F.A.

Club Account

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 28368)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteMiddlesex Federal Savings, F.A.

Direct Link to Product Page (Not Sponsored)

#18

North Brookfield Savings Bank

Holiday Club Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$25
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90258)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteNorth Brookfield Savings Bank

Direct Link to Product Page (Not Sponsored)

#19

North Brookfield Savings Bank

Vacation Club Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$25
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90258)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteNorth Brookfield Savings Bank

Direct Link to Product Page (Not Sponsored)

#20

Washington Savings Bank

Vacation Club

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90229)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteWashington Savings Bank

Direct Link to Product Page (Not Sponsored)

#21

The Savings Bank

Holiday Club

+$3
per year
0.03% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90291)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Savings Bank

Direct Link to Product Page (Not Sponsored)

#22

Reading Co-operative Bank

Online Vacation Savings

+$1
per year
0.01% APY
Oct 9, 2026
FDIC InsuredLinked AccountLow MinimumsIn-Person Access

What to Watch

Needs a $25 monthly transfer from an RCB checking or statement savings account to earn the stated APY. Pays out in 4 to 12 months. An early withdrawal or two missed transfers in a row can close it.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound Freqdaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 26620)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteReading Co-operative Bank

Direct Link to Product Page (Not Sponsored)