Peabody, Massachusetts (MA) Savings Rates - March 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Peabody, Massachusetts and the surrounding area include Luso American Credit UnionLuso American Credit Union37 Tremont St, Peabody, MA 01960A+5.0 ★Texas Ratio: 0.82% Super Savers Account (Youth Savings) at 2.02% APY, Rockland TrustRockland Trust67 Prospect St, Peabody, MA 01960A+5.0 ★Texas Ratio: 1.37% Complete Business Money Market Savings at 0.55% APY, Metro Credit UnionMetro Credit Union68 Main St, Peabody, MA 01960 5552A+5.0 ★Texas Ratio: 1.57% Prosperity Builder Savings Account at 0.50% APY, Energy Credit UnionEnergy Credit Union12 Chestnut st, Peabody, MA 01960A+5.0 ★Texas Ratio: 1.64% Share Savings at 0.25% APY, and Salem Five Cents Savings BankSalem Five Cents Savings Bank91 Lynnfield St, Peabody, MA 01960A+5.0 ★Texas Ratio: 3.01% Open Savings at 0.05% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Peabody, 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 Peabody, Massachusetts (MA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Peabody, Massachusetts and the surrounding area. Last Updated and Verified: March 28, 2026
Compare the Best Savings Rates in Peabody, Massachusetts & Surrounding Communities
For members aged 5 - 18
Earn 0.50% Annual Percentage Yield (APY) on balances up to $5,000.00; Regular APY: 0.10%
(Grandfathered)
Qualifying balance up to $2,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $9,999.99
Qualifying balances of $250,000 or less only
Qualifying balance up to $25,000.00
Qualifying balance up to $25,000.00
LevelUp Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period.
Earn 10x the National Average2
Qualifications Required: Have at least 30 debit card purchases post and settle your account; Have at least 1 direct deposit or automatic payment (ACH) post and settle; Be enrolled in and agree to receive eStatements; Qualifying balance up to $25,000.00; Links to [EMPOWER Rewards Checking](https://www.leebank.com/personal/personal-checking/empower-rewards-checking.html)
Qualifying balance up to $10,000
Qualifying balance up to $10,000.00
bump up for PayBackSM or Quarter Back® customers
Balances $100,000 -$500,000
NEW MONEY ONLY
High Yield Savings5
Available to consumers only. New money is welcome but not required.
Membership account; No monthly service charge
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.
Peabody, MA Savings Rate Trends
Compare local Peabody, 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.
Massachusetts high-yield savings rates fell 1.486 points this week to 1.614% APY, down from 3.100% last week.
Massachusetts standard savings rates rose 0.174 points this week to 0.253% APY, up from 0.080% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Peabody, 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 Peabody, 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 Peabody, Massachusetts
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Peabody, Massachusetts safe?
How often do savings rates change in Peabody, Massachusetts?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Peabody, Massachusetts?
How do I open a savings account in Peabody, Massachusetts?
Best Savings Rates in Peabody, Massachusetts
- Luso American Credit Union
Super Savers Account (Youth Savings) — 2.02% APY - Rockland Trust
Complete Business Money Market Savings — 0.55% APY - Metro Credit Union
Prosperity Builder Savings Account — 0.50% APY - Energy Credit Union
Share Savings — 0.25% APY - Salem Five Cents Savings Bank
Open Savings — 0.05% APY
