Deposit Rates

The following Interest Rates and Annual Percentage Yields (APY) are accurate as of October 15, 2021.

Subject to customers residing or working in Western or Central Massachusetts; or Northern or Central Connecticut.

Important Information

  • For all savings and checking accounts, the interest rates are variable. For variable rate accounts, the rate may change after the account is opened.
  • Fees could reduce earnings on the accounts.
  • For time deposits, a penalty may be imposed for early withdrawal.

Questions about deposit rates?

Contact a Customer Service Representative at 413.568.1911 or 800.995.5734 or visit one of our convenient offices.

Savings Accounts

Type of Account Interest Rate APY Minimum Balance to Earn APY
Classic Statement 0.05% 0.05% $10.00
Free Statement* 0.05% 0.05% $10.00
Ready, Set, Grow 0.10% 0.10% $10.00
Signature** 0.10% 0.10% $10.00

* Only available to WB Free or WB 16-25 checking account owners
** Only available to WB Signature checking account owners

Interest Checking Account

Type of Account Interest Rate APY Minimum Balance to Earn APY
WB Interest Checking 0.05% 0.05% $10.00

Money Market Accounts

Type of Account Interest Rate APY Minimum Balance to Earn APY
Summit Money Market 0.05% 0.05% $10.00 to $9,999.99
0.05% 0.05% $10,000 to $24,999.99
0.10% 0.10% $25,000 to $49,999.99
0.10% 0.10% $50,000 to $99,999.99
0.10% 0.10% $100,000 & Over
Performance Money Market* 0.10% 0.10% $10.00 to $99,999.99
0.10% 0.10% $100,000.00 to $249,999.99
0.15% 0.15% $250,000.00 to $499,999.99
0.20% 0.20% $500,000.00 & Over
IRA Money Market 0.10% 0.10% $10.00 to $24,999.99
0.10% 0.10% $25,000 to $49,999.99
0.10% 0.10% $50,000 to $99,999.99
0.10% 0.10% $100,000 to $249,999.99
0.10% 0.10% $250,000.00 & Over

*Only available to WB Performance Checking account owners

Business Money Market Accounts

Type of Account Interest Rate APY Minimum Balance to Earn APY
Business Money Market* 0.10% 0.10% $10.00 to $24,999.99
0.10% 0.10% $25,000 to $49,999.99
0.10% 0.10% $50,000 to $249,999.99
0.15% 0.15% $250,000 to $499,999.99
0.15% 0.15% $500,000.00 to $1,999,999.99
0.15% 0.15% $2,000,000 & Over
Business Prime Money Market** 0.15% 0.15% $10.00 to $499,999.99
0.25% 0.25% $500,000.00 & Over

*$5 monthly service charge if balance is below $500
**Only available to Business checking account owners

Certificates of Deposit

Type of Account Interest Rate APY Minimum Balance to Open*
3 Month WB Classic 0.10% 0.10% $1,000.00
6 Month WB Classic 0.10% 0.10% $1,000.00
12 Month WB Classic 0.10% 0.10% $1,000.00
24 Month WB Classic 0.10% 0.10% $1,000.00
36 Month WB Classic 0.10% 0.10% $1,000.00
48 Month WB Classic 0.10% 0.10% $1,000.00
60 Month WB Classic 0.10% 0.10% $1,000.00

*Minimum balance to earn APY is $10.00

Signature Certificates of Deposit*

Type of Account Interest Rate APY Minimum Balance to Open**
13 Month WB Signature 0.20% 0.20% $1,000.00

*Only available to WB Performance, and WB Signature checking account owners. Refer to the Truth In Savings Disclosure for "Additional Terms."

**Minimum balance to earn APY is $10.00

Business Certificates of Deposits

Type of Account Interest Rate APY Minimum Balance to Open*
6 Month Business CD 0.10% 0.10% $1,000.00
12 Month Business CD 0.10% 0.10% $1,000.00
13 Month Business CD** 0.20% 0.20% $1,000.00
24 Month Business CD 0.10% 0.10% $1,000.00

*Minimum balance to earn APY is $10.00
**Only available to Business checking account owners

IRA Certificates of Deposit

Type of Account Interest Rate APY Minimum Balance to Open*
12 Month WB Classic 0.10% 0.10% $500.00
24 Month WB Classic 0.10% 0.10% $500.00
36 Month WB Classic 0.10% 0.10% $500.00
48 Month WB Classic 0.10% 0.10% $500.00
60 Month WB Classic 0.10% 0.10% $500.00

*Minimum balance to earn APY is $10.00

Signature IRA Certificates of Deposit*

Type of Account Interest Rate APY Minimum Balance to Open**
13 Month WB Signature 0.20% 0.20% $500.00

*Only available to WB Performance, and WB Signature checking account owners. Refer to the Truth In Savings Disclosure for "Additional Terms."

**Minimum balance to earn APY is $10.00

WB Retirement Accumulator Certificate of Deposit*

Type of Account Interest Rate APY Minimum Balance to Open**
13 Month 0.20% 0.20% $500.00

*Only available to WB Performance, and WB Signature checking account owners. Refer to the Truth In Savings Disclosure for "Additional Terms."

**Minimum balance to earn APY is $10.00

Add-On IRA Certificate of Deposit

Type of Account Interest Rate APY Minimum Balance to Open*
12 Month 0.15% 0.15% $50.00

*Minimum balance to earn APY is $10.00.