Savings and Money Market Accounts

We offer a variety of savings accounts so you can choose the best option for your financial goals. Avoid monthly fixed charges and minimum balance requirements with our Regular Savings and Statement Savings accounts. Looking for a higher return on your savings? Take advantage of tiered interest rates with a Money Market account – as your balance grows, so does your interest rate.

Learn more about all of Haverhill Bank’s savings account options below or visit your local branch.

Haverhill Bank always reserves the right to only open deposit accounts for consumers and businesses in our assessment area.

Regular Savings

Grow your money with our Regular Savings account! Earn interest with this passbook account and make deposits or withdrawals at your convenience!

Features

  • Easily make withdrawals & deposits using your Haverhill Bank passbook
  • $10 minimum deposit to open
  • Interest compounded monthly on balances of $10 or more
*You may make only six (6) withdrawals or transfers to another party or to another account per month or statement cycle by means of pre-authorized or automatic transfers, telephone, electronic transfers, facsimile transmission, computer, check or debit card. Refer to Consumer Banking Schedule of Charges for details.

Statement Savings

With Statement Savings you will receive a monthly mailing instead of a passbook. For your convenience, you may take advantage of a complimentary upgrade to eStatements and enjoy paperless access to your monthly account information via online banking!

Your savings activity and interest earned are noted so that you have the information you need to plan financially. Statement Savings accounts are available to people 13 years or older.*

Features

  • Online Banking
  • Mobile Banking**
  • Mobile Deposit**
  • eStatements
  • ATM card

*Children 12 or younger are required to have a parent/guardian as joint account-holder.
**Data fees from your mobile carrier may apply.

You may make only six (6) withdrawals or transfers to another party or to another account per month or statement cycle by means of pre-authorized or automatic transfers, telephone, electronic transfers, facsimile transmission, computer, check or debit card.
Minimum balance required to open account is $10.00. Minimum daily average balance to earn the Annual Percentage Yield is $10.00. Interest compounded monthly.

Please see Terms & Conditions for full account details.

Money Market Accounts

This special account gives you the advantage of Money Market rates and access to your money any time. The interest rate on this account is tiered so that as your account balance grows so does the interest rate that you receive!

Features

  • $1,000 minimum deposit to open
  • Tiered interest rates
  • Six (6) withdrawals or transfers per month*

*You may make only six (6) withdrawals or transfers to another party or to another account per month or statement cycle by means of pre-authorized or automatic transfers, telephone, electronic transfers, facsimile transmission, computer, check or debit card. Haverhill Bank reserves the right to transfer your funds to a checking account should you make transactions in excess of the limitations as described above.

Minimum balance required to open account is $1,000.00. Minimum daily average balance to earn the Annual Percentage Yield is $0.00. Interest compounded monthly.

Please see Terms & Conditions for full account details.

Christmas Club

Start saving for the holidays with a Christmas Club account! You choose the amount you wish to deposit weekly (or bi-weekly), and the bank will automatically send you a check for the amount of your balance the following October, leaving you plenty of time to get your holiday shopping done. Even better, we can deposit the funds to your Haverhill Bank checking account so you can access the funds that much quicker!

Features

  • Interest compounds monthly on balances of $10 or more
  • Save for the holidays easily
  • Set up weekly (or bi-weekly) deposits
Refer to Consumer Banking Schedule of Charges for details.

Name Your Own Club

This special club account works like a Christmas Club but with an added bonus: it allows you to set the parameters — how much you want to save and when you want it to be available to you. Whether you’re planning for a wedding, tuition, or a vacation, you can set and meet your own goals.

Features

  • Interest compounds monthly on balances of $10 or more
  • Save for your goals easily
  • Set up weekly (or bi-weekly) deposits
Refer to Consumer Banking Schedule of Charges for details.

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