MonitorBankRates
☰
Home › Checking Accounts › Massachusetts Checking › Somerset, Massachusetts Massachusetts Checking Rate Trends iAdvertiser Disclosure
Advertiser Disclosure Some of the institutions listed may have a business relationship with MonitorBankRates. However, our proprietary systems independently track and verify all rates and data displayed. Advertiser relationships do not influence our Health Safety Rating, Star Ratings or Texas Ratio calculation, or the rates shown.

Best Banks & Checking Accounts in Somerset, Massachusetts - March 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
  • Automated Online Rate Data Aggregation
  • Location-Based Rate Tables
  • Bank & Credit Union Health Safety Ratings
  • Bank & Credit Union Star Ratings
  • Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Checking Account Rates — Last Updated and Verified: March 21, 2026

The best checking rates for Somerset, Massachusetts include Bank5 ConnectBank5 Connect54 County St, Somerset, MA 02726A+5.0 ★Texas Ratio: 1.34% Checking at 2.00% APY, BayCoast BankBayCoast Bank921 Grand Army Hwy, Somerset, MA 02726A+5.0 ★Texas Ratio: 1.32% Active Checking Base Rate at 0.15% APY, St Annes Credit UnionSt Annes Credit Union215 County St, Somerset, MA 02726 4293A+5.0 ★Texas Ratio: 3.11% Veterans Free Checking at 0.05% APY, St Michaels Fall River Federal Credit UnionSt Michaels Fall River Federal Credit Union1004 County St, Somerset, MA 02726 5138A-4.9 ★Texas Ratio: 16.65% Share Drafts Checking at 0.05% APY, and Somerset Federal Credit UnionSomerset Federal Credit Union740 County St, Somerset, MA 02726A+5.0 ★Texas Ratio: 0.49% TeenCents CheckingSM at 0.05% APY.

Looking for the best checking accounts in Somerset, Massachusetts? You have two main choices: convenient local branches or high-yield online accounts.

The tables below compare the top rates available to residents of Somerset, Massachusetts, featuring both local banks and credit unions near you.

Checking account rates reflect recent market quotes and representative offers available to depositors in Somerset, Massachusetts. Checking Account Rates Last Updated and Verified: March 21, 2026

Somerset, MA Checking Rate Trends

Compare local Somerset, MA checking rate quotes against the statewide average

Weekly checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Massachusetts Checking Trends →
High-Yield Checking — MA Avg
0.525%
▲ 0.388 from last week

Massachusetts high-yield checking rates rose 0.388 points this week to 0.525% APY, up from 0.138% last week.

Rewards Checking — MA Avg
1.972%
▲ 0.528 from last week

Massachusetts rewards checking rates rose 0.528 points this week to 1.972% APY, up from 1.444% last week.

As of Mar 21, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Compare Checking Account Rates Today in Somerset, Massachusetts & the Surrounding Area

Institutions:
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Bank5 Connect
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
54 County St
Somerset, MA 02726
Checking
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Bank5 Connect
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
54 County St
Somerset, MA 02726
Connect Checking
2.00%
$10
View
▼
Rate1.98%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

BayCoast Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.32%
921 Grand Army Hwy
Somerset, MA 02726
Active Checking Base Rate
0.15%
$500
View
▼
Rate0.15%
Min Deposit$500
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

BayCoast Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.32%
921 Grand Army Hwy
Somerset, MA 02726
Preferred Checking
0.10%
$10
View
▼
Rate0.10%
Min Deposit$10
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Veterans Free Checking
0.05%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Senior NOW Checking
0.05%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
NOW Checking
0.05%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Michaels Fall River Federal Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.65%
1004 County St
Somerset, MA 02726 5138
Share Drafts Checking
0.05%
$300
View
▼
Rate0.05%
Min Deposit$300
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Somerset Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
740 County St
Somerset, MA 02726
TeenCents CheckingSM
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

Somerset Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
740 County St
Somerset, MA 02726
FREE Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

Webster Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.48%
1000 Grand Army Hwy
Somerset, MA 02726
Private Checking
0.01%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 15, 2026
Details

Qualifying balance up to $49,999.99

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Affinity Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Rewards Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Student Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
100 Boston Scientific Way
Marlborough, MA 01752
PowerPlusTM Checking Level 2
8.00%
$0
View
▼
Rate7.72%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15000

St Marys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.62%
46 Lizotte Dr
Marlborough, MA 01752 3061
Kasasa Cash Checking
5.25%
$0
View
▼
Rate5.13%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required; Qualifying balance up to $10,000.00

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Advantage High Interest Checking
4.50%
$5
View
▼
Rate4.41%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Millbury National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
18 Main St
Millbury, MA 01527
Platinum Checking
4.07%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

BankGloucester
Institution Rating:
B+4.7 ★ Texas Ratio: 19.12%
160 Main St
Gloucester, MA 01930
Elite Reward Checking
4.06%
$10
View
▼
Rate4.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Advantage Cash Back Checking
4.00%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required: eStatement enrollment; one direct deposit or ACH withdrawal; 15 debit card transactions; Qualifying balance up to $300.00

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Bank5 Connect
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
54 County St
Somerset, MA 02726
Checking
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Bank5 Connect
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
54 County St
Somerset, MA 02726
Connect Checking
2.00%
$10
View
▼
Rate1.98%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
100 Boston Scientific Way
Marlborough, MA 01752
PowerPlusTM Checking Level 2
8.00%
$0
View
▼
Rate7.72%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15000

St Marys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.62%
46 Lizotte Dr
Marlborough, MA 01752 3061
Kasasa Cash Checking
5.25%
$0
View
▼
Rate5.13%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required; Qualifying balance up to $10,000.00

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Advantage High Interest Checking
4.50%
$5
View
▼
Rate4.41%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Millbury National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
18 Main St
Millbury, MA 01527
Platinum Checking
4.07%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

BankGloucester
Institution Rating:
B+4.7 ★ Texas Ratio: 19.12%
160 Main St
Gloucester, MA 01930
Elite Reward Checking
4.06%
$10
View
▼
Rate4.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Newburyport Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.70%
63 State St
Newburyport, MA 01950
Rewards Checking Account
4.00%
$0
View
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifying balance up to $15,000.00

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Advantage Cash Back Checking
4.00%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required: eStatement enrollment; one direct deposit or ACH withdrawal; 15 debit card transactions; Qualifying balance up to $300.00

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
100 Boston Scientific Way
Marlborough, MA 01752
PowerPlusTM Checking Level 1
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15000

Liberty Bay Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.15%
300 Granite St Fl 3
Braintree, MA 02184 3909
Premier Checking
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifying balance up to $1,000.00

Greylock Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.17%
150 West St
Pittsfield, MA 01201
IOLTA Checking
3.24%
$0
View
▼
Rate3.19%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Webster Five Cents Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.57%
136 Thompson Rd
Webster, MA 01570
IOLTA Checking Account
2.89%
$10
View
▼
Rate2.81%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Rockland Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.47%
241 Union St
Rockland, MA 02370
IOLTA Checking Account
2.85%
$0
View
▼
Rate2.81%
Min Deposit$0
Min Balance—
UpdatedMar 11, 2026
Details

No additional details provided.

Milford Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.42%
246 Main St
Milford, MA 01757
EZ Interest Checking
2.75%
$0
View
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

$1,500 minimum balance to waive $15 monthly fee.

First Priority Credit Union Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.69%
100 SWIFT ST
EAST BOSTON, MA 02128 1864
Priority Checking Account*
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

New Valley Bank & Trust
Institution Rating:
A+5.0 ★ Texas Ratio: 5.24%
1 Monarch Pl
Springfield, MA 01144
Monarch Checking
2.25%
$0
View
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

Qualifying balance up to $50,000.00

Northern Bank & Trust Company
Institution Rating:
A5.0 ★ Texas Ratio: 9.14%
275 Mishawum Rd
Woburn, MA 01801
IOLTA Interest Checking
2.20%
$0
View
▼
Rate2.20%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No monthly fee and no transaction limits on your escrow accounts

North Brookfield SB
Institution Rating:
A+5.0 ★ Texas Ratio: 1.70%
9 Gilbert St
North Brookfield, MA 01535
IOLTA Checking
2.08%
$50
View
▼
Rate2.06%
Min Deposit$50
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Community Credit Union Of Lynn
Institution Rating:
A-5.0 ★ Texas Ratio: 14.06%
1 Andrew St
Lynn, MA 01901 1101
Kasasa Cash Checking
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifications Required; Qualifying balance up to $20,000.00

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Rewards Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

St Marys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.62%
46 Lizotte Dr
Marlborough, MA 01752 3061
Kasasa Cash Checking
5.25%
$0
View
▼
Rate5.13%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required; Qualifying balance up to $10,000.00

BankGloucester
Institution Rating:
B+4.7 ★ Texas Ratio: 19.12%
160 Main St
Gloucester, MA 01930
Elite Reward Checking
4.06%
$10
View
▼
Rate4.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Newburyport Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.70%
63 State St
Newburyport, MA 01950
Rewards Checking Account
4.00%
$0
View
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifying balance up to $15,000.00

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Advantage Cash Back Checking
4.00%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required: eStatement enrollment; one direct deposit or ACH withdrawal; 15 debit card transactions; Qualifying balance up to $300.00

Country Bank for Savings
Institution Rating:
A5.0 ★ Texas Ratio: 7.70%
155 West St
Ware, MA 01082
Kasasa Cash Back Checking
2.00%
$10
View
▼
Rate2.00%
Min Deposit$10
Min Balance—
UpdatedMar 18, 2026
Details

Qualifications Required: 12 debit card purchases post and settle; one direct deposit or one automatic ACH transaction post and settle; eStatements; 10% off at the Team Store at Polar Park; 2,500 WooSox Rewards Points with proof of card

Community Credit Union Of Lynn
Institution Rating:
A-5.0 ★ Texas Ratio: 14.06%
1 Andrew St
Lynn, MA 01901 1101
Kasasa Cash Checking
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifications Required; Qualifying balance up to $20,000.00

Adams Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.06%
7 Main St
Lenox, MA 01240
Cashback Checking
1.00%
$50
View
▼
Rate1.00%
Min Deposit$50
Min Balance—
UpdatedMar 17, 2026
Details

Qualifications Required; Earn 1.00% cashback on debit card purchases8 when qualifications are met

IC Federal Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 15.06%
300 Bemis Rd
Fitchburg, MA 01420
Reward Checking
0.50%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifications Required; Qualifying balance up to $15,000.00

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Interest Rewards Checking
0.20%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

Qualifications Required; Up to $15 refunded monthly when qualified*

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Interest Rewards Checking
0.15%
$10
View
▼
Rate0.10%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Dedham Institution for Savings
Institution Rating:
A5.0 ★ Texas Ratio: 6.25%
55 Elm St
Dedham, MA 02026
Check Rewards Checking
0.05%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details

No additional details provided.

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Interest Rewards Checking
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Somerset Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
740 County St
Somerset, MA 02726
FREE Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Veterans Free Checking
0.05%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Canton Co-operative Bank
Institution Rating:
A5.0 ★ Texas Ratio: 9.05%
671 Washington St
Canton, MA 02021
50+ Free Interest Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Liberty Bay Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.15%
300 Granite St Fl 3
Braintree, MA 02184 3909
Basic Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Bluestone Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
756 Orchard St
Raynham, MA 02767
Free Checking for Seniors
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Monson Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.52%
146 Main St
Monson, MA 01057
Free Checking
0.00%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 21, 2026
Details

All balances

NCB North Cambridge Coopertive Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
2360 Massachusetts Ave
Cambridge, MA 02140
Basic Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Winter Hill Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
342 Broadway
Somerville, MA 02145
SmartChoice Free Checking
0.00%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Winter Hill Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
342 Broadway
Somerville, MA 02145
StudentChoice Free Checking
0.00%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
5 Cheshire Rd
Pittsfield, MA 01201
Home Town Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Everett Co-operative Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.90%
419 Broadway
Everett, MA 02149
Free Checking
0.00%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 13, 2026
Details

No additional details provided.

Quincy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
100 Quincy Ave
Quincy, MA 02169 6714
Totally Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

New England Teamsters Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.25%
1 Wall St Ste 402
Burlington, MA 01803
Free Checking (78)
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Luso American Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
37 Tremont St
Peabody, MA 01960
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Fall River Municipal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.29%
333 Milliken Blvd
Fall River, MA 02721
Freedom Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Workers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.04%
815 Main St
Fitchburg, MA 01420
Free Checking with eStatements
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Somerset Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
740 County St
Somerset, MA 02726
TeenCents CheckingSM
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

No additional details provided.

St Annes Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
215 County St
Somerset, MA 02726 4293
Student Checking
0.00%
$5
View
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Leader Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.18%
141 Massachusetts Ave
Arlington, MA 02474
Student Checking
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Align Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.20%
87 Hale St
Lowell, MA 01851
Student Checking*
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

StonehamBank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.30%
80 Montvale Ave
Stoneham, MA 02180
Optimum Student Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Webster First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
271 Greenwood St
Worcester, MA 01607
Teen Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Winter Hill Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
342 Broadway
Somerville, MA 02145
StudentChoice Free Checking
0.00%
$10
View
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
5 Cheshire Rd
Pittsfield, MA 01201
Home Town Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Greylock Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.17%
150 West St
Pittsfield, MA 01201
High Yield Business Checking
0.65%
$0
View
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Greylock Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.17%
150 West St
Pittsfield, MA 01201
High Yield Business Checking
0.45%
$0
View
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Greylock Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.17%
150 West St
Pittsfield, MA 01201
High Yield Business Checking
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

Qualifying balance up to $49,999.00

Service Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.03%
199 Worcester Ct
Falmouth, MA 02540
BusinessPlus Checking
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Service Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.03%
199 Worcester Ct
Falmouth, MA 02540
BusinessPlus Checking
0.35%
$0
View
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

First Citizens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.23%
468 COUNTY ST
NEW BEDFORD, MA 02740
High Yield Business Checking
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
100 Boston Scientific Way
Marlborough, MA 01752
Premier Business Checking
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Cape Ann Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.84%
109 Main St
Gloucester, MA 01930
Business Sole Proprietor / Non-Profit Organization Classic Checking Account
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
93 State St
Newburyport, MA 01950
Simple Business NOW Checking
0.25%
$10
View
▼
Rate0.25%
Min Deposit$10
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

First Citizens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.23%
468 COUNTY ST
NEW BEDFORD, MA 02740
High Yield Business Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Rockland Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.47%
241 Union St
Rockland, MA 02370
Business Plus Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 11, 2026
Details

No additional details provided.

Webster Five Cents Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.57%
136 Thompson Rd
Webster, MA 01570
GrowChecking for Business Account
0.20%
$10
View
▼
Rate0.20%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Business Rewards Checking
0.20%
$10
View
▼
Rate0.20%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

Qualifying balance up to $10,000.00

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Interest Business Checking
0.15%
$10
View
▼
Rate0.15%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Align Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.20%
87 Hale St
Lowell, MA 01851
Commercial Checking
0.10%
$100
View
▼
Rate0.10%
Min Deposit$100
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Middlesex Federal Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.50%
1 College Ave
Somerville, MA 02144
Easy Interest Business Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Methuen Co-operative Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.45%
243 Broadway
Methuen, MA 01844
Commercial Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

Earnings credit - at an annual earnings rate of 0.10% of your average collected balance (up to the total amount of your monthly service charge assessed).

Washington Savings Bank Lowell, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
30 Middlesex St
Lowell, MA 01852
Interest Business Checking
0.10%
$10
View
▼
Rate0.10%
Min Deposit$10
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

First Citizens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.23%
468 COUNTY ST
NEW BEDFORD, MA 02740
High Yield Business Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Canton Co-operative Bank
Institution Rating:
A5.0 ★ Texas Ratio: 9.05%
671 Washington St
Canton, MA 02021
Business Interest Checking
0.07%
$0
View
▼
Rate0.07%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Daily balance of $1,500.00 required to avoid a $6.00 monthly service charge

Methodology & Data Sources

Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Somerset, Massachusetts directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Somerset, Massachusetts. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in MA.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.

Frequently Asked Questions

Do checking accounts in Somerset, Massachusetts earn interest?

Most traditional local checking accounts in Somerset, Massachusetts earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Somerset, Massachusetts FDIC insured?

Yes. Legitimate banks with branches in Somerset, Massachusetts are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

Best Checking Rates in Somerset, Massachusetts

Based on our current data, some of the highest checking account APYs available to residents of Somerset, Massachusetts include:
  • Bank5 Connect
    Checking — 2.00% APY
  • BayCoast Bank
    Active Checking Base Rate — 0.15% APY
  • St Annes Credit Union
    Veterans Free Checking — 0.05% APY
  • St Michaels Fall River Federal Credit Union
    Share Drafts Checking — 0.05% APY
  • Somerset Federal Credit Union
    TeenCents CheckingSM — 0.05% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Somerset, Massachusetts. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: March 21, 2026

Somerset, Massachusetts Rates & Resources

$
Somerset, Massachusetts CD Rates
$
Somerset, Massachusetts Savings Rates
$
Somerset, Massachusetts Money Market Rates
$
Somerset, Massachusetts Mortgage Rates
$
Somerset, Massachusetts Auto Loan Rates
$
Somerset, Massachusetts Personal Loan Rates