Best Money Market Rates in Salem, Massachusetts - June 2026
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Brian McKay
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The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Salem, Massachusetts and the surrounding area money market deposit account rates include Eastern Bank Boston, MAEastern Bank Boston, MA19 Congress St, Salem, MA 01970A+5.0 ★Texas Ratio: 2.03% Money Market at 4.00% APY, Institution for SavingsInstitution for Savings6 Paradise Rd, Salem, MA 01970A+5.0 ★Texas Ratio: 0.11% Business Sapphire Money Market at 3.25% APY, Marblehead BankMarblehead Bank125 Canal St, Salem, MA 01970A+5.0 ★Texas Ratio: 1.28% Money Markets at 2.00% APY, St Jeans Credit UnionSt Jeans Credit Union370 highland ave, salem, MA 01970A+5.0 ★Texas Ratio: 2.62% Super Money Market at 1.75% APY, and North Shore Bank Co-opNorth Shore Bank Co-op319 Highland Ave, Salem, MA 01970A+5.0 ★Texas Ratio: 1.80% Get More Tiered Money Market® at 0.30% APY. Money market rates as of June 3, 2026 according to verified data from MonitorBankRates.
Salem has 5 local institutions in our database, with money market rates as high as 4.00% APY from Eastern Bank Boston, MA at 19 Congress St, Salem, MA 01970. Use the table below to compare all available offers, including options from institutions serving the broader Massachusetts area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Salem, Massachusetts and surrounding area. Last Updated and Verified: June 3, 2026
Compare the Best Money Market Rates Today in Salem, Massachusetts & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market Plus
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Blended 12 Month APY: 3.62%
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market
3.62%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market Plus
3.62%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Sapphire Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
plus interest paid
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Sapphire Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market Plus
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Blended 12 Month APY: 3.62%
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Gold Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Gold Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Featured Premier Money Market
2.17%
$250,000
▼
Rate2.15%
Min Deposit$250,000
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Diamond Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $1,000,000-$1,999,999.99
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Diamond Money Market
2.00%
$500,000
▼
Rate1.98%
Min Deposit$500,000
Min Balance—
UpdatedJun 3, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
2.00%
$10
▼
Rate1.98%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Diamond Money Market
1.85%
$0
▼
Rate1.83%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $500,000-$999,999.99
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Diamond Money Market
1.85%
$500,000
▼
Rate1.83%
Min Deposit$500,000
Min Balance—
UpdatedJun 3, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Super Money Market
1.75%
$100,000
▼
Rate1.74%
Min Deposit$100,000
Min Balance—
UpdatedMay 20, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Business Money Market
1.75%
$100,000
▼
Rate1.74%
Min Deposit$100,000
Min Balance—
UpdatedMay 20, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
1.75%
$10
▼
Rate1.74%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
1.50%
$10
▼
Rate1.49%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Gold Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Business Money Market
1.50%
$50,000
▼
Rate1.49%
Min Deposit$50,000
Min Balance—
UpdatedMay 20, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Super Money Market
1.50%
$50,000
▼
Rate1.49%
Min Deposit$50,000
Min Balance—
UpdatedMay 20, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Diamond Money Market - Balances less than
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
$500,000
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Gold Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Diamond Money Market
1.50%
$500,000
▼
Rate1.49%
Min Deposit$500,000
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Sapphire Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Sapphire Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
1.25%
$10
▼
Rate1.24%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Business Money Market
1.25%
$10,000
▼
Rate1.24%
Min Deposit$10,000
Min Balance—
UpdatedMay 20, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Super Money Market
1.25%
$10,000
▼
Rate1.24%
Min Deposit$10,000
Min Balance—
UpdatedMay 20, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Featured Premier Money Market
1.21%
$100,000
▼
Rate1.20%
Min Deposit$100,000
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market
0.74%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market Plus
0.74%
$0
▼
Rate0.74%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Blended 12 Month APY: 0.37%
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Titanium Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $1,000,000 and above
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Titanium Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
0.50%
$10
▼
Rate0.50%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Titanium Money Market
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Titanium Money Market
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $500,000-$999,999.99
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market Plus
0.37%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
19 Congress St, Salem, MA 01970
Money Market
0.37%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
0.35%
$10
▼
Rate0.35%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
North Shore Bank Co-op
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
319 Highland Ave, Salem, MA 01970
Get More Tiered Money Market®
0.30%
$1,000
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedJun 3, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Money Market IRA
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Titanium Money Market
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
St Jeans Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.62%
370 highland ave, salem, MA 01970
Money Market
0.30%
$2,500
▼
Rate0.30%
Min Deposit$2,500
Min Balance—
UpdatedMay 20, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Titanium Money Market
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $250,000-$499,999.99
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Money Markets
0.25%
$10
▼
Rate0.25%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
North Shore Bank Co-op
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
319 Highland Ave, Salem, MA 01970
Get More Tiered Money Market®
0.25%
$1,000
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Business Super Money Market*
0.25%
$150,000
▼
Rate0.25%
Min Deposit$150,000
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Super Money Market*
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $250,000.00 and above
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Business Money Market
0.25%
$10
▼
Rate0.25%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
Marblehead Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
125 Canal St, Salem, MA 01970
Business Money Market
0.20%
$10
▼
Rate0.20%
Min Deposit$10
Min Balance—
UpdatedMay 17, 2026
Details
North Shore Bank Co-op
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
319 Highland Ave, Salem, MA 01970
Get More Tiered Money Market®
0.20%
$1,000
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedJun 3, 2026
Details
North Shore Bank Co-op
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
319 Highland Ave, Salem, MA 01970
Get More Money Market®
0.20%
$500
▼
Rate—
Min Deposit$500
Min Balance—
UpdatedJun 3, 2026
Details
North Shore Bank Co-op
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
319 Highland Ave, Salem, MA 01970
Get More Tiered Money Market®
0.15%
$1,000
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedJun 3, 2026
Details
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Traditional Money Market
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Balances $100,000 and above
Institution for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.11%
6 Paradise Rd, Salem, MA 01970
Titanium Money Market
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Hanscom Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
Premier Money Market
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
Money Market Special Intro rate
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
$15,000+
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
Money Market Special
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Webster First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.16%
Money Market Plus
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 30, 2026
Details
Naveo Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.77%
Premier Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
DCU Digital Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.74%
Money Market Savings
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedJun 3, 2026
Details
Invest in your future with up to 3.50% APY.1 Saving should be effortless. With a Money Market account, it is.
BrightBridge Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Money Market
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
BrightBridge Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Money Market Accounts
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market
3.29%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
up to
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Webster First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.16%
Money Market Plus
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 30, 2026
Details
Hanscom Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
Premier Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Webster First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.16%
Money Market Plus
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 30, 2026
Details
Sharon And Crescent United Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.94%
MyPremium Money Market Tier 3
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Sharon And Crescent United Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.94%
MyPremium Money Market Tier 4
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Sharon And Crescent United Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.94%
MyPremium Money Market Tier 5
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
First Priority Credit Union Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.65%
Money Market (High Yield: New Money Special)
2.79%
$2,500
▼
Rate2.75%
Min Deposit$2,500
Min Balance—
UpdatedMay 31, 2026
Details
Sharon And Crescent United Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.94%
MyPremium Money Market Tier 2
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Sharon And Crescent United Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.94%
MyPremium Money Market Tier 1
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Millbury Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.36%
Business Money Market Savings Special
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 30, 2026
Details
First Priority Credit Union Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.65%
Money Market (High Yield: New Money Special)
2.53%
$2,500
▼
Rate2.50%
Min Deposit$2,500
Min Balance—
UpdatedMay 31, 2026
Details
Hanscom Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
Premier Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Money Market Accounts
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Salem, Massachusetts and the surrounding area.
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Compare local Salem, MA money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield MMA — MA Avg
3.568%
▲ 0.052 vs 7 days ago
Massachusetts high-yield MMA rates rose 0.052 points over the past 7 days to 3.568% APY.
Standard MMA — MA Avg
0.494%
▲ 0.003 vs 7 days ago
Massachusetts standard MMA rates rose 0.003 points over the past 7 days to 0.494% APY.
As of Jun 3, 2026 • Rate data sourced from 8,500+ monitored institutions
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Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Salem, Massachusetts money market 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 Money Market Rate Data: We aggregate money market deposit account rates for Salem, 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 money market 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 Salem, Massachusetts. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Salem, Massachusetts
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Massachusetts.
Are Money Market accounts in Salem, Massachusetts safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Massachusetts up to $250,000 per depositor, per institution.
How often do MMA rates change in Salem, Massachusetts?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Massachusetts rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in Salem, Massachusetts?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Salem, Massachusetts require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in Salem, Massachusetts
Here are some of the highest money market account APYs currently available in Salem, Massachusetts and the surrounding area:
- Eastern Bank Boston, MA
Money Market — 4.00% APY - Institution for Savings
Business Sapphire Money Market — 3.25% APY - Marblehead Bank
Money Markets — 2.00% APY - St Jeans Credit Union
Super Money Market — 1.75% APY - North Shore Bank Co-op
Get More Tiered Money Market® — 0.30% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Salem, Massachusetts. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: June 3, 2026
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