In Massachusetts, Middlesex Savings Bank has a long history. It was founded in 1835 in Concord. A number of savings accounts as well as checking account options are offered by the banks today.
It also offers a money market account and a number of certificates of deposits that are Middlesex savings bank CD rates. Anyone and everyone can access accounts at the bank at a very minimal balance of just $1.
The accessibility of savings account and money market accounts has increased and it comes with zero monthly fees also. Impressive CD rates are offered with 1 year of term length at more than 4.50% for a brick-and-mortar bank.
Moreover, it is a bit disappointing that the bankers are looking for a free checking account in the bank. The savings account and money market account are slightly more as compared to the national banks.
In this article, I will be discussing all the important information about Middlesex saving accounts and Middlesex savings bank routing numbers. Read the article till the end for further details and information.
Products Offered By The Middlesex Savings Bank
| Products | Key details |
| Savings accounts | Term length is from 3 to 71 months minimum opening deposit is $250 |
| Money market | The minimum opening balance is $1It provides three different account options is no free or interest-bearing accounts |
| Certificates of deposit | Tiered interest rates minimum opening balance balance |
| Checking accounts | Minimum opening balance is $1It provides three different account options is no free or interest-bearing accounts |
Overview
Almost 30 more branches in the locations throughout Eastern Massachusetts are operated by Middlesex Savings Bank. access to the All point national ATM network is given to all the customers. Business banking services are also offered by the Middlesex Savings Bank.
Features of Middlesex Savings Bank account
Middlesex saving banks provide access to several deposit accounts online through the bank’s mobile app. The ATM cards come along with it depending upon the type of the account. It also has Middlesex savings bank hours which is included in this process.
A monthly service fee is charged through checking accounts and Middlesex Savings Bank. A certain amount of fees will be charged on excessive transactions from savings and money market accounts.
Overview Of All The Other Bank Accounts
There are several other bank accounts which have various features. Let’s take a look at it.
Statement Saving Accounts
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | Fees Structure |
| Fees structure | No monthly service fee charged |
| Current terms and rates | 1.45% APY and the minimum balance is $10 |
Passbook Savings Account
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | Fees Structure |
| Fees structure | No monthly service fee charged |
| Fees Structure | 1.45% APY and the minimum balance is $10 |
Money Fund Account
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | Fees Structure |
| Fees structure | No monthly service fee charged |
| Current terms and rates | Account balances of $10 – $24,999.99: 1.45% APY Account balances of $25,000 – $49,999.99: 1.45% APY Account balances of $50,000 – $99,999.99: 1.50% APY Account balances of $100,000+: 1.55% APY |
Certificates Of Deposits
| Fees Structure | Details |
| Minimum deposit of money | $250 |
| Access to your savings account | Branch access |
| Security provided | Fees Structure |
| Fees structure | Early withdrawal pay can be applied, and no monthly service fee is charged |
| Current terms and rates | 3 – 5 Months: 4.50% APY6 – 11 Months: 4.50% APY12 – 23 Months: 4.00% APY24 – 71 Months: 4.00% APY |
Basic Checking Account
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | Fees Structure |
| Fees structure | monthly service fee is $3 |
Free Blue Checking Account
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | Fees Structure |
| Fees structure | monthly service fee is $0 |
Freedom Gold Checking Account
| Key features | Details |
| Minimum deposit of money | $1 |
| Access to your savings account | Online mode, ATM card, branch access |
| Security provided | FDIC insures up to the maximum amount which is approved by the law |
| FDIC insures up to maximum amount which is approved by the law | monthly service fee is $19 |
The Bottom Line
Attractive and fascinating services and products are offered to the bankers by the Middlesex savings account in Eastern Massachusetts.
This is definitely a good choice if you are seeking an in-person banking experience. In this article above I have mentioned all the important details and information about Middlesex savings banks.
Thank you for reading this article till the end. I hope you found the article useful and informative.
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