Franklin, Massachusetts (MA) Savings Rates - March 2026
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The savings 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.
The best savings rates for Franklin, Massachusetts and the surrounding area include Dean Co-operative BankDean Co-operative Bank21 Main St, Franklin, MA 02038A+5.0 ★Texas Ratio: 0.95% Premium Savings at 2.38% APY, Rockland TrustRockland Trust58 Main St, Franklin, MA 02038A+5.0 ★Texas Ratio: 1.37% Complete Business Money Market Savings at 0.55% APY, Service Federal Credit UnionService Federal Credit Union886 Central St, Franklin, NH 03235A5.0 ★Texas Ratio: 11.03% Deployed Warrior Savings at 10.00% APY, Jeanne D Arc Credit UnionJeanne D Arc Credit Union581 Merrimack St, Lowell, MA 01854 3908A+5.0 ★Texas Ratio: 1.81% Savings Account at 8.00% APY, and Lowell Firefighters Credit UnionLowell Firefighters Credit Union642 Chelmsford St, Lowell, MA 01851A+5.0 ★Texas Ratio: 0.00% Savings Club for Kids at 8.00% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Franklin, Massachusetts, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Franklin, Massachusetts (MA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Franklin, Massachusetts and the surrounding area. Last Updated and Verified: March 28, 2026
Compare the Best Savings Rates in Franklin, Massachusetts & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
2.38%
$0
▼
Rate2.35%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$500,000.00 or More
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
2.17%
$0
▼
Rate2.15%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$250,000.00 - $499,999.99
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
1.98%
$0
▼
Rate1.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$125,000.00 - $249,999.99
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$75,000.00 - $124,999.99
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.55%
$25
▼
Rate0.55%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Money Market Savings
0.55%
$25
▼
Rate0.55%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.50%
$25
▼
Rate0.50%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Money Market Savings
0.50%
$25
▼
Rate0.50%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.45%
$25
▼
Rate0.45%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.25%
$25
▼
Rate0.25%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Money Market Savings
0.20%
$25
▼
Rate0.20%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Preferred Savings Account
0.17%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
0.17%
$0
▼
Rate0.17%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$45,000.00 - $74,999.99
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Preferred Savings Account
0.15%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$15,000 - $44,999.99
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Preferred Savings Account
0.12%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Passbook Savings
0.07%
$0
▼
Rate0.07%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Preferred Savings Account
0.07%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
0.07%
$0
▼
Rate0.07%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$25.00 - $14,999.99
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Statement Savings
0.07%
$0
▼
Rate0.07%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Money Market Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Free Savings
0.01%
$10
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMar 28, 2026
Details
Rockland Trust
Institution Rating:
A+5.0 ★Texas Ratio: 1.37%
58 Main St, Franklin, MA 02038
Complete Business Money Market Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Dean Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.95%
21 Main St, Franklin, MA 02038
Premium Savings
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
$ 0- $24.99
Service Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.03%
886 Central St, Franklin, NH 03235
Deployed Warrior Savings
10.00%
$0
▼
Rate9.57%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Jeanne D Arc Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
581 Merrimack St, Lowell, MA 01854 3908
Savings Account
8.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Lowell Firefighters Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
642 Chelmsford St, Lowell, MA 01851
Savings Club for Kids
8.00%
$0
▼
Rate8.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Cape Cod Five Cents Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.90%
1500 Iyannough Rd, Hyannis, MA 02601
SaveUp Companion Savings*
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $9,999.99
Dedham Institution for Savings
Institution Rating:
A5.0 ★Texas Ratio: 6.25%
55 Elm St, Dedham, MA 02026
Start Up Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $1,000.00
MASS INSTITUTE OF TECH
Institution Rating:
B+4.7 ★Texas Ratio: 18.63%
70 Westview St, Lexington, MA 02421 3142
Starter Savings
5.00%
$0
▼
Rate4.88%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $2,000.00
Service Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.03%
886 Central St, Franklin, NH 03235
Primary Savings Account
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Leader Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.18%
141 Massachusetts Ave, Arlington, MA 02474
Zeugma Plus Savings
4.75%
$0
▼
Rate4.65%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Qualifying balances of $250,000 or less only
MutualOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.37%
828 Concord St, Framingham, MA 01701
Mo Premium Savings
4.07%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
282 Providence Hwy, Westwood, MA 02090
High Dividend Share Draft
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $25,000.00
Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
282 Providence Hwy, Westwood, MA 02090
Personal Share Draft
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $25,000.00
Direct Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.76%
50 Cabot St, Needham, MA 02494
High-Yield Savings
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
NEW MONEY ONLY
Liberty Bay Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.15%
300 Granite St Fl 3, Braintree, MA 02184 3909
High Yield Savings
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
High Yield Savings5
Direct Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.76%
50 Cabot St, Needham, MA 02494
High-Yield Savings
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Rockland Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.47%
241 Union St, Rockland, MA 02370
RockFed High Yield Savings
3.10%
$0
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedMar 11, 2026
Details
IC Federal Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 15.06%
300 Bemis Rd, Fitchburg, MA 01420
High-Yield Savings
3.04%
$0
▼
Rate2.99%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Available to consumers only. New money is welcome but not required.
Workers Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.04%
815 Main St, Fitchburg, MA 01420
Advantage Savings
3.00%
$5
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 22, 2026
Details
Membership account; No monthly service charge
Workers Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.04%
815 Main St, Fitchburg, MA 01420
Advantage Savings Account
3.00%
$5
▼
Rate2.96%
Min Deposit$5
Min Balance—
UpdatedMar 22, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
100 Boston Scientific Way, Marlborough, MA 01752
SafeGuard Savings, Consumer
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
100 Boston Scientific Way, Marlborough, MA 01752
SafeGuard Savings, Municipal
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Millbury Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.52%
50 Main St, Millbury, MA 01527
Business Money Market Savings Special
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
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MonitorBankRates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Franklin, MA Savings Rate Trends
Compare local Franklin, MA savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Savings — MA Avg
1.589%
▼ 1.480 from last week
Massachusetts high-yield savings rates fell 1.480 points this week to 1.589% APY, down from 3.069% last week.
Standard Savings — MA Avg
0.368%
▲ 0.283 from last week
Massachusetts standard savings rates rose 0.283 points this week to 0.368% APY, up from 0.086% last week.
As of Mar 28, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Franklin, Massachusetts directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Franklin, Massachusetts. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Franklin, Massachusetts
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Massachusetts, help your money grow faster through a higher APY.
Are savings accounts in Franklin, Massachusetts safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Massachusetts up to $250,000 per depositor, per institution.
How often do savings rates change in Franklin, Massachusetts?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Massachusetts rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Franklin, Massachusetts may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Franklin, Massachusetts?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Franklin, Massachusetts offer in-person customer service, which some customers prefer.
How do I open a savings account in Franklin, Massachusetts?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Franklin, Massachusetts
Here are recent savings rates observed in Franklin, Massachusetts and the surrounding area:
- Dean Co-operative Bank
Premium Savings — 2.38% APY - Rockland Trust
Complete Business Money Market Savings — 0.55% APY - Service Federal Credit Union
Deployed Warrior Savings — 10.00% APY - Jeanne D Arc Credit Union
Savings Account — 8.00% APY - Lowell Firefighters Credit Union
Savings Club for Kids — 8.00% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Franklin, Massachusetts. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 28, 2026
