Rates

WCB works hard to earn your business, and offers competitive rates for both deposit accounts and loans. Our goal is to offer the products and services that meet the needs of the customers in our community. If you don't see a product that meets your specific needs please feel free to stop by our office or call us to see if we can tailor a product to help meet your personal needs.

19 Church Street
Winchester, MA 01890

(781) 729-3620 Contact Us

Below is a sample of our current deposit account rates. Please stop by or call one of our Deposit Specialists to obtain more information about our deposit products.  Rates are compounded monthly and subject to change without notice.

rates as of 11/04/19

Product Interest Rate APY* Minimum Daily Balance to obtain APY Minimum deposit to open
Passbook Savings Accounts** 0.40% 0.40% $10.00 $1.00
Statement Savings Accounts ** 0.40% 0.40% $10.00 $1.00
Co-operative Select Savings Accounts **        
Equal to or greater than $10.00 but less than or equal to $2,499.99 0.40% 0.40% $10.00 $1.00
Equal to or greater than $2,500.00 but less than or equal to $500,000.00 1.04% 1.05% $2,500.00 $1.00
Equal or greater than $500,000.01 0.40% 0.40% $10.00 $1.00
Club Savings Accounts ** 0.40% 0.40% $10.00 $1.00
Money Market Deposit Accounts ** 0.75% 0.75% $10.00 $1.00
Co-operative Checking Accounts ** 0.10% 0.10% $10.00 $1.00
         
Term Deposit Certificates (TDC)        
91 Day TDC 1.24% 1.25% $10.00 $500.00
6 Month TDC 1.73% 1.75% $10.00 $500.00
12 Month TDC 1.93% 1.95% $10.00 $500.00
18 Month TDC 1.98% 2.00% $10.00 $500.00
24 Month TDC 1.98% 2.00% $10.00 $500.00
30 Month TDC 1.98% 2.00% $10.00 $500.00
36 Month TDC 1.98% 2.00% $10.00 $500.00
         
Traditional/Roth IRA Term Deposit Certificates        
12 Month IRA TDC 1.93% 1.95% $10.00 $1.00
18 Month IRA TDC 1.98% 2.00% $10.00 $1.00
24 Month IRA TDC 1.98% 2.00% $10.00 $1.00
30 Month IRA TDC 1.98% 2.00% $10.00 $1.00
36 Month IRA TDC 1.98% 2.00% $10.00 $1.00

 

Member FDIC/SIF

*Annual Percentage Yield

**Variable Rate account. The rate may change after the account is opened

Penalty may be applied on funds withdrawn prior to maturity for all term deposit certificates.

Fees charged could reduce earnings on an account.