IRA Rates

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Term Interest Rate APY* Minimum to Open
9-month certificate 4.965% 5.08% $5,000

Please visit any of our convenient branch locations to open the above IRA Special.

Effective Date: Tuesday, Nov 28, 2023

Annual Percentage Yield (APYs) current as of  Tuesday, Nov 28, 2023. Account must be entirely funded by bona fide new money to Bay State Savings Bank. Minimum $0.01 to earn stated APY. Fees may reduce earnings. Penalty may be imposed for early withdrawal. Limited time offer and subject to change without notice. No 508 area code residency restrictions apply. Additional terms and conditions apply.  

Effective Date: Tuesday, Nov 28, 2023

Term Interest Rate APY*
3-month certificate 0.499% 0.50%
6-month certificate 0.747% 0.75%
12-month certificate 0.995% 1.00%
18-month certificate 1.490% 1.50%
24-month certificate 1.982% 2.00%
36-month certificate 2.472% 2.50%
48-month certificate 2.716% 2.75%
60-month certificate 2.960% 3.00%

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

*Annual Percentage Yields (APY) and Interest Rates are for fixed rate IRAs and may change at any time without notice. Minimum opening deposit of $500 is required for all fixed rate IRAs and is the minimum balance required to receive stated APYs. Fees may reduce earnings. A penalty may be imposed for early withdrawal. The Bank reserves the right to institute or change the maximum balance limits on monies on deposit by a depositor or in any specific account at any time. If balances exceed a maximum limit, the Bank reserves the right to not pay interest on the balance exceeding the maximum or to transfer the exceeding amount into a non-interest bearing account. We use the daily balance computation method to calculate interest on your accounts. This method applies a daily periodic rate to the principal in the account each day. We strongly recommend that you consult your attorney, tax or financial advisor with regard to your personal situation.