Winchester, Massachusetts Savings Rates - October 2026
Brian McKay
Brian McKay
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Winchester, Massachusetts savings account rates range from 0.01% to 8.00% APY, verified by MonitorBankRates as of October 14, 2026. The best savings rates for Winchester, Massachusetts and the surrounding area include OpenbankOpenbank7 Church St, Winchester, MA 01890A5.0 ★Texas Ratio: 8.00%Real return: +1.35%APY minus 2.8% CPI (February 2026) High Yield Savings Boost at 4.15% APY, Winchester Co-operative BankWinchester Co-operative Bank19 Church St, Winchester, MA 01890A+5.0 ★Texas Ratio: 2.71%Real return: +0.20%APY minus 2.8% CPI (February 2026) Co-operative Select Savings Account at 3.00% APY, Eastern BankEastern Bank26 Mount Vernon St, Winchester, MA 01890A+5.0 ★Texas Ratio: 2.61%Real return: -2.79%APY minus 2.8% CPI (February 2026) Statement Savings at 0.01% APY, Jeanne D Arc Credit UnionJeanne D Arc Credit UnionA+5.0 ★Texas Ratio: 2.58%Real return: +5.20%APY minus 2.8% CPI (February 2026) Senior Statement Savings at 8.00% APY, and Lowell Firefighters Credit UnionLowell Firefighters Credit UnionA+5.0 ★Texas Ratio: 0.41%Real return: +5.20%APY minus 2.8% CPI (February 2026) Savings Club for Kids at 8.00% APY.
Winchester has 10 local institutions in our database, with savings rates as high as 4.15% APY from Openbank at 7 Church St, Winchester, MA 01890. Use the table below to compare all available offers, including options from institutions serving the broader Massachusetts area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Winchester, Massachusetts and the surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Savings Rates in Winchester, Massachusetts & Surrounding Communities
Boosted APY = 3.80% standard variable APY + 0.35% 6-month APY Boost for new customers; boost expires after 6 months and reverts to standard variable APY; open by 11/03/26; limited-time offer, new Openbank customers only
Standard variable APY; variable-rate account, subject to change at Openbank's discretion without notice; Personal accounts only
- Oct 6, 20263.80%▼ from 4.15%
- Sep 27, 20264.15%first recorded
Balance: $500,000.01 and above; (2)
- Oct 3, 20263.00%▲ from 2.75%
- Sep 24, 20262.75%first recorded
Balance: $2,500.00 - $500,000.00; (2)
- Oct 3, 20262.40%▲ from 2.25%
- Sep 24, 20262.25%first recorded
Balance: $10.00 - $2,499.99; (2)
Balance: $10+; Method of Compounding: Monthly
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
APY paid on the balance up to the first $500.00; dividend rate of 0.25% paid on the remaining balance over $500.00
Balance: $0 - $1,000
Qualifying balance up to $2,000.00
Balance: $25.01 - $500.00; Max. balance up to $500.00; Funds over $500.00 revert to the current regular share dividend rate
Qualifications Required; LevelUp Rate applies when depositing $250+ per month (statement cycle); rate applied to full balance; Standard Rate of 3.00% APY otherwise
Earn LevelUp Rate on entire balance when you deposit $250+ per month; Standard Rate of 3.00% APY otherwise
- Sep 25, 20264.20%▲ from 4.00%
- Sep 14, 20264.00%first recorded
No monthly fees; no minimum balance requirements; no monthly maintenance service charge; receives ZYNG Round Up & Match transfers from More Spending Account
Balance: $100,000.00 and over
Qualifications Required: 30 debit card purchases; 1 direct deposit or automatic payment (ACH); e-statement enrollment; Qualifying balance up to $25,000.00; Earn 0.50% APY on balances over $25,000.00 when qualifications are met; Linked to EMPOWER Rewards Checking
Balance: $2,500.00 - $1,000,000.00; Tiered variable rate account; Market-Leading Rates; No monthly fees; Interest compounded daily
Qualifications Required; Balance: $0.00 - $25,000.00; Qualifying balance up to $25,000.00; Non-qualifying rate 0.00% APY; New accounts receive qualifying rate for first statement cycle
Balance: $0.00 - $100,000.00
Balance: $10.00 - $9,999.99; Tier 1; Preauthorized weekly or monthly transfer from SCU Checking required; Unlimited withdrawals only when made in person
- Oct 10, 20264.00%▲ from 3.75%
- Sep 18, 20263.75%first recorded
Balance: $10; **See important information regarding eXPERIENCE Online Savings Account rates.
Balance: $250,000+
Balance: $20,000 or greater
Balance: >= $5,000
- Oct 14, 20263.75%▲ from 0.25%
- Sep 24, 20260.25%first recorded
Featured homepage rate; No monthly maintenance fee; Must deposit at least $5,000 to open and maintain $25 to earn the disclosed APY; APY is variable and accurate as of 10/13/2026
Balance: $500,000.01 and over
Published APY range: 3.75% - 2.75%. Balance: $10,000.00 - $49,999.99; Tier 2; Preauthorized weekly or monthly transfer from SCU Checking required; Unlimited withdrawals only when made in person
No minimum balance; Refer-a-friend promotion adds 1.00% APY for 3 months; Maximum balance limits apply
- Sep 18, 20263.50%▲ from 3.40%
- Sep 14, 20263.40%first recorded
- Sep 19, 20263.50%▲ from 3.25%
- Sep 7, 20263.25%first recorded
Balance: $100,000 - $249,999.99
The Annual Percentage Yield for the Village Bank High Yield Savings Account is 3.50% for balances up to $4,999,999.99. For total balances above $4,999,999.99, the rate is blended; the first $4,999,999.99 will earn 3.50% 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 3.50% APY for that day on $4,999,999.99 and 0.05% APY on the remaining $1,000,000.01. Personal accounts only. Rates may change after account is opened. The Village Bank High Yield Savings account offer is available to new or existing customers depositing new money not currently or previously on deposit with The Village Bank.
Balance: $0 to $4,999,999.99; New Money Only
Balance: $50,000+; New money only; APY assumes paired Direct Advantage Checking (without it, APY 0.10% lower)
Balance: $9,999.01 to $9,999,999.00; minimum balance to open and earn stated APY is $10,000 of new money not already on deposit with Liberty Bay
- Sep 22, 20263.50%▲ from 0.10%
- Sep 18, 20260.10%▼ from 3.50%
- Sep 14, 20263.50%first recorded
Balance: $20,000 - $2,500,000
Balance: $250,000+
Balance: $5,000 - $49,999.99; New money only; APY assumes paired Direct Advantage Checking (without it, APY 0.10% lower)
Qualifications Required; Personal accounts only; Compounding: Monthly
- Oct 5, 20263.30%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: Below $100,000.01
Balance: Below $100,000.01
Balance: $100,000.01 - $250,000.00
Balance tier: $200,000 and over; Requires enrollment in online and mobile banking and eStatements
***The High-Yield Savings account requires a minimum deposit of $10.00 to open. The qualifying rate of 3.20% APY (3.15% interest rate) is earned on balances of $10.00 or more. Balances below $10.00 will earn the Base Rate of 0.05% APY (0.05% interest rate).
Balance tier: $150,000 and over; Requires enrollment in online and mobile banking and eStatements
Balance tier: $100,000 and over; Requires enrollment in online and mobile banking and eStatements
Balance: $10,000.00 - $1,000,000; Available to consumers only; New money is welcome but not required
Balance: $50,000.00 - $99,999.99
Balance: $50,000.00 or more; Account rate is variable and is subject to change at any time. Rates and Annual Percentage Yields effective 9/15/26
Balance: Bal. >= $10.00
Balance: $100,000 - $249,999.99
Balance: $0-$100,000.00
- Oct 10, 20263.00%▲ from 2.90%
- Sep 14, 20262.90%first recorded
Share Accounts table; Minimum Opening Balance of $10; Minimum Balance to Earn APY is $10
Share Accounts table; Minimum Opening Balance of $10; Minimum Balance to Earn APY is $10
Share Accounts table; Minimum Opening Balance of $10; Minimum Balance to Earn APY is $10
Balance: $50,000 and above
Balance: $500,000.00 and over
Balance: $0.01 - $25,000.00
Balance: $50,000.01 - $100,000.00
Balance: $100,000+; Your Way Checking required to open the Your Way Savings
Balance tier: $50,000 and over; Requires enrollment in online and mobile banking and eStatements
Balance: $5
Share/IRA Accounts; APY as high as
- Oct 5, 20262.02%▲ from 1.87%
- Sep 29, 20261.87%first recorded
Balance: $25,000.00 - $49,999.99
For members aged 5 - 18; Only one Super Saver account per member; Rate effective up to a balance of $1,000 or until member becomes 18 years of age, whichever occurs first; Rate reverts to regular savings rate when either event occurs
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.
Winchester, MA Savings Rate Trends
Compare local Winchester, MA savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Massachusetts high-yield savings rates rose 0.185 points over the past 7 days to 2.234% APY, up from 2.048%.
Massachusetts standard savings rates fell 0.005 points over the past 7 days to 0.476% APY, down from 0.480%.
Winchester, Massachusetts Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current MA high-yield savings average of 2.234% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Winchester, Massachusetts.
Savings Account Earnings in Winchester, Massachusetts
Annual interest earnings at current MA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.234% APY) | Monthly Earnings | Standard Savings (0.476% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $111.67 / year | $9.31 | $23.80 / year | $1.98 |
| $10,000 | $223.35 / year | $18.61 | $47.59 / year | $3.97 |
| $25,000 | $558.37 / year | $46.53 | $118.98 / year | $9.92 |
| $50,000 | $1,116.75 / year | $93.06 | $237.95 / year | $19.83 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Winchester, Massachusetts savings rate averages as of October 14, 2026. | ||||
About Our Winchester, Massachusetts Savings Rate Database
MonitorBankRates found 3 institutions with branches in Winchester, plus 39 additional state-chartered and national online institutions available to Winchester residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Openbank offers a savings account at 4.15% APY with a minimum deposit of $500. Use the rate table above to compare all current offers in Winchester, Massachusetts.
How to Find the Best Savings Rates in Winchester, Massachusetts
What to compare when shopping for a savings account in Winchester, Massachusetts
To find the best savings APYs in Winchester, Massachusetts, start with credit unions and online-only banks: Winchester, Massachusetts has 20 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current MA high-yield savings average is 2.234% but top local institutions are offering as high as 4.15%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Winchester, Massachusetts high-yield savings rates currently average 2.234% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Winchester, Massachusetts institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 42 institutions in Winchester, Massachusetts report savings rates to our database.
- You’re among Winchester, Massachusetts’s 18.0% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Winchester, Massachusetts CD rates
- You want check-writing flexibility Winchester, Massachusetts money market rates
- You need daily transaction access Winchester, Massachusetts checking rates
Winchester, Massachusetts Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
18.0% of residents are 65 or older, in line with the national average of 17.3%. At today’s MA high-yield savings average of 2.234%, saving 10% of the local median salary ($10,708/year) would earn an additional $239 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Winchester, Massachusetts Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Winchester, Massachusetts.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MA Avg APY | 2.234% | 0.476% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Winchester, Massachusetts averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Winchester, Massachusetts
At MA’s top rate of 4.15% from Openbank, a $10,000 deposit earns $415 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Winchester, Massachusetts earner is roughly $26,800. At 2.234% APY, saving $2,230/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMassachusetts’s high-yield savings average is 2.234% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Winchester, Massachusetts earner makes $107,083/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.234% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.234% APY grows to roughly $38,887 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Winchester, Massachusetts savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Winchester, 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 Winchester, 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 Winchester, Massachusetts
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Winchester, Massachusetts safe?
How often do savings rates change in Winchester, 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 Winchester, Massachusetts?
How do I open a savings account in Winchester, Massachusetts?
Best Savings Rates in Winchester, Massachusetts
- Openbank
High Yield Savings Boost: 4.15% APY - Winchester Co-operative Bank
Co-operative Select Savings Account: 3.00% APY - Eastern Bank
Statement Savings: 0.01% APY - Jeanne D Arc Credit Union
Senior Statement Savings: 8.00% APY - Lowell Firefighters Credit Union
Savings Club for Kids: 8.00% APY
Winchester, Massachusetts Rates & Resources
