Checking & Savings Rates
Rewarding rates.
Make checking and savings more affordable, and more rewarding.
Checking and Savings Rates
Account | Interest Rate | APY* | Minimum Balance to Obtain APY |
Village Savings Account | 0.05% | 0.05% | $0 |
eVolve Savings Account | 0.01% | 0.01% | $0 |
Compass Savings Account | 0.05% | 0.05% | $0 |
Passbook Savings | 0.05% | 0.05% | $0 |
Basic Banking Statement Savings | 0.05% | 0.05% | $0 |
Village Interest Checking | 0.03% | 0.03% | $0 |
Village Money Market Account | |||
$0 to $24,999.99 | 0.25% | 0.25% | $0 |
$25,000 to $74,999.99 | 0.75% | 0.75% | $25,000 |
$75,000 to $149,999.99 | 1.00% | 1.00% | $75,000 |
$150,000 to $499,999.99 | 1.49% | 1.50% | $150,000 |
$500,000 and Up | 2.96% | 3.00% | $500,000 |
Village Business Money Market Account | |||
$0 to $24,999.99 | 0.25% | 0.25% | $0 |
$25,000 to $74,999.99 | 0.75% | 0.75% | $25,000 |
$75,000 to $149,999.99 | 1.00% | 1.00% | $75,000 |
$150,000 to $499,999.99 | 1.49% | 1.50% | $150,000 |
$500,000 and Up | 2.96% | 3.00% | $500,000 |
Village High Yield Savings (New Customers Online Only)** | |||
$0 to $4,999,999.99 | 3.93% | 4.00% | $0 |
$5,000,000 and Up | 0.05% | 0.05% | $5,000,000 |
*Annual Percentage Yield (APY) effective March 26, 2025. Rate may change after account is opened. Minimum deposit to open account is $20. A penalty may be assessed for early withdrawals. Accounts are subject to approval. **The Annual Percentage Yield for the Village Bank High Yield Savings Account is 4.00% for balances up to $4,999,999. For total balances above $4,999,999, the rate is blended; the first $4,999,999 will earn 4.00% APY and the remaining balance will earn 0.05% APY. For example, if your Village Bank High Yield Savings account had a daily balance of $6,000,000 you would earn 4.00% APY for that day on $4,999,999 and 0.05% APY on the remaining $1,000,001. Personal accounts only. Rates may change after account is opened. The Village Bank High Yield Savings account offer is available to new customers opened online only. |
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For more information or answers to any questions, please visit our Customer Care Center, use our Contact Form, or call us at (617) 969-4300.