Highest IRA Savings Account Rates in Massachusetts
21 Massachusetts-specific products

By Aviel Fahl

Newest reading: October 13, 2026

Top Massachusetts Rate:3.25% APYFDIC or NCUA Insured

The Massachusetts market

Massachusetts accounts

Institutions

Top Massachusetts APY

3.25% APY

Nationally: 2.00% APY

FDIC national average

0.37%

As of Sep 2026

21 IRA savings accounts are open only to Massachusetts residents, from 21 institutions. The highest advertised APY among them is 3.25%.

The highest nationally available rate is 2.00% APY, 125 basis points below the Massachusetts leader.

6 of the 21 Massachusetts IRA savings accounts advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.

Massachusetts-Specific IRA Savings Accounts

IRA Savings accounts specifically available to Massachusetts residents.

#	Institution & Rate	Earned in a year at $10,000	Requirements & Features	Minimum Deposit
#1	Everett Co-operative Bank IRA Money Market 3.25%APY Observed: Oct 3, 2026 Show Details	+$325per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$500
#2	Bay State Savings Bank IRA Savings Account 3.00%APY No min. balance for APY Observed: Oct 7, 2026 Show Details	+$300per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#3	Washington Savings Bank IRA Money Market Up to3.04%APY Needs at least $100,000 Min. balance: $10 Observed: Oct 7, 2026 Show Details	+$227per yearEffective: 2.27%	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	N/A
#4	BankGloucester IRA Statement Savings 0.50%APY No min. balance for APY Observed: Oct 7, 2026 Show Details	+$50per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#5	Cape Ann Savings Bank Individual Retirement Account (IRA) Savings 0.50%APY Min. balance: $10 Observed: Oct 3, 2026 Show Details	+$50per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#6	Middlesex Federal Savings, F.A. IRA Passbook Savings 0.40%APY Min. balance: $50 Observed: Oct 7, 2026 Show Details	+$40per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#7	Cornerstone Bank IRA Savings 0.25%APY No min. balance for APY Observed: Oct 7, 2026 Show Details	+$25per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#8	Savers Co-operative Bank Premier IRA Money Market Account Up to0.25%APY Needs at least $10,000 Min. balance: $10 Observed: Oct 7, 2026 Show Details	+$25per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#9	Greenfield Savings Bank Everyday Savings IRA 0.20%APY Min. balance: $10 Observed: Oct 13, 2026 Show Details	+$20per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#10	Walpole Co-operative Bank Variable Rate IRA Up to0.30%APY Needs at least $50,000 No min. balance for APY Observed: Oct 13, 2026 Show Details	+$20per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$20
#11	Greenfield Co-operative Bank IRA Savings 0.15%APY Observed: Oct 7, 2026 Show Details	+$15per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#12	Dean Co-operative Bank Variable Rate IRA 0.12%APY Min. balance: $100 Observed: Oct 7, 2026 Show Details	+$12per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#13	Needham Bank Money Market IRA Up to0.30%APY Needs at least $100,000 Observed: Oct 13, 2026 Show Details	+$10per yearEffective: 0.10%	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$250
#14	Seamen's Bank IRA Savings 0.10%APY Min. balance: $50 Observed: Oct 7, 2026 Show Details	+$10per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#15	Coastal Heritage Bank IRA Savings 0.05%APY Min. balance: $10 Observed: Oct 7, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#16	Florence Bank Variable IRA Savings Account 0.05%APY Min. balance: $10 Observed: Oct 3, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#17	Millbury National Bank IRA Savings 0.05%APY Min. balance: $10 Observed: Oct 7, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$500
#18	North Brookfield Savings Bank IRA Regular Savings 0.05%APY Min. balance: $25 Observed: Oct 7, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#19	South Shore Bank IRA Savings 0.05%APY No min. balance for APY Observed: Oct 3, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10
#20	Martha's Vineyard Bank IRA Money Market Up to0.30%APY Needs at least $100,000 Min. balance: $10 Observed: Oct 7, 2026 Show Details	+$4per yearEffective: 0.04%	Deposit Insurance FDIC Insured Requires Mod. Minimum Features In-Person Access	$2,500
#21	Clinton Savings Bank Statement Savings IRA Account 0.02%APY Min. balance: $10 Observed: Oct 13, 2026 Show Details	+$2per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$10

Everett Co-operative Bank

IRA Money Market

+$325

per year

3.25% APY

Oct 3, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$500
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26444)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteEverett Co-operative Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Bay State Savings Bank

IRA Savings Account

+$300

per year

3.00% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The account must be opened in person.

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90311)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteBay State Savings Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Washington Savings Bank

IRA Money Market

+$227

per year

3.04% APY

Oct 7, 2026

Needs at least $100,000

APY Range: 2.27% – 3.04%

FDIC InsuredLow MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90229)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteWashington Savings Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

BankGloucester

IRA Statement Savings

+$50

per year

0.50% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

An IRA service fee of $15.00 is charged each year on December 15.

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	Monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26536)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteBankGloucester

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Cape Ann Savings Bank

Individual Retirement Account (IRA) Savings

+$50

per year

0.50% APY

Oct 3, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90203)
Eligibility	United 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)

Read Bank Overview

Middlesex Federal Savings, F.A.

IRA Passbook Savings

+$40

per year

0.40% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$50
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 28368)
Eligibility	United 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)

Read Bank Overview

Cornerstone Bank

IRA Savings

+$25

per year

0.25% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90282)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteCornerstone Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Savers Co-operative Bank

Premier IRA Money Market Account

+$25

per year

0.25% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 0.10% – 0.25%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26455)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteSavers Co-operative Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Greenfield Savings Bank

Everyday Savings IRA

+$20

per year

0.20% APY

Oct 13, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90206)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteGreenfield Savings Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#10

Walpole Co-operative Bank

Variable Rate IRA

+$20

per year

0.30% APY

Oct 13, 2026

Needs at least $50,000

APY Range: 0.15% – 0.30%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$20
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26487)
Eligibility	The bank does not accept brokered, institutional or out-of-market deposits for this account.
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteWalpole Co-operative Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#11

Greenfield Co-operative Bank

IRA Savings

+$15

per year

0.15% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26397)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteGreenfield Co-operative Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#12

Dean Co-operative Bank

Variable Rate IRA

+$12

per year

0.12% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

A $10 annual IRA fee applies.

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$100
Maintenance Fee	Annual IRA Fee $10.00
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 27269)
Eligibility	United 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)

Read Bank Overview

#13

Needham Bank

Money Market IRA

+$10

per year

0.30% APY

Oct 13, 2026

Needs at least $100,000

APY Range: 0.10% – 0.30%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$250
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	continuously
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26483)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteNeedham Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#14

Seamen's Bank

IRA Savings

+$10

per year

0.10% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$50
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90268)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteSeamen's Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#15

Coastal Heritage Bank

IRA Savings

+$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 Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 26591)
Eligibility	United 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)

Read Bank Overview

#16

Florence Bank

Variable IRA Savings 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 Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 23293)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteFlorence Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#17

Millbury National Bank

IRA Savings

+$5

per year

0.05% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

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.

Show Fine Print & Trends

Min. Deposit	$500
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 2616)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteMillbury National Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#18

North Brookfield Savings Bank

IRA Regular 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 Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90258)
Eligibility	United 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)

Read Bank Overview

#19

South Shore Bank

IRA Savings

+$5

per year

0.05% APY

Oct 3, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90303)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteSouth Shore Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#20

Martha's Vineyard Bank

IRA Money Market

+$4

per year

0.30% APY

Oct 7, 2026

Needs at least $100,000

APY Range: 0.01% – 0.30%

FDIC InsuredMod. MinimumIn-Person Access

Show Fine Print & Trends

Min. Deposit	$2,500
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90190)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteMartha's Vineyard Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#21

Clinton Savings Bank

Statement Savings IRA Account

+$2

per year

0.02% APY

Oct 13, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$10
Min. Balance	$10
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 90181)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteClinton Savings Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Nationally Available IRA Savings Accounts

The 3 highest-rate ira savings accounts available nationwide, including in Massachusetts.

Institution	Product / Term	APY	Min. Deposit
nbkc Bank	Personal IRA Savings	2.00%	$0
Synchrony Bank	IRA Money Market Account	2.00%	$0
Carver Bank	Savings Liquit IRA	0.10%	$100

See the full national list