Best Money Market Rates in Westerly, Rhode Island (RI) - May 2026
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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 Westerly, Rhode Island and the surrounding area money market deposit account rates include Citizens BankCitizens Bank112 Franklin St, Westerly, RI 02891A5.0 ★Texas Ratio: 8.28% Citizens Private Client® Money Market at 3.75% APY, Dime BankDime Bank131 Franklin St, Westerly, RI 02891A+5.0 ★Texas Ratio: 1.01% Dime Accelerator Money Market at 3.50% APY, Westerly Community Credit UnionWesterly Community Credit Union122 Granite St, Westerly, RI 02891A+5.0 ★Texas Ratio: 1.26% Advantage Money Market Account at 3.05% APY, Navigant Credit UnionNavigant Credit Union48 Franklin st, Westerly, RI 02891 3123A+5.0 ★Texas Ratio: 4.27% Compass Money Market at 2.45% APY, and HarborOne BankHarborOne BankA+5.0 ★Texas Ratio: 3.37% Money Market Plus at 4.00% APY. Money market rates as of May 10, 2026 according to verified data from MonitorBankRates.
Westerly has 4 local institutions in our database, with money market rates as high as 3.75% APY from Citizens Bank at 112 Franklin St, Westerly, RI 02891. Use the table below to compare all available offers, including options from institutions serving the broader Rhode Island area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Westerly, Rhode Island and surrounding area. Last Updated and Verified: May 10, 2026
Compare the Best Money Market Rates Today in Westerly, Rhode Island & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
112 Franklin St, Westerly, RI 02891
Citizens Private Client® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
112 Franklin St, Westerly, RI 02891
Citizens Quest® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
131 Franklin St, Westerly, RI 02891
Dime Accelerator Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
131 Franklin St, Westerly, RI 02891
Dime Accelerator Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI 02891
Advantage Money Market Account
3.05%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI 02891
Advantage Money Market Account
2.80%
$0
▼
Rate2.76%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
131 Franklin St, Westerly, RI 02891
Dime Accelerator Money Market
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI 02891
Advantage Money Market Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Navigant Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
48 Franklin st, Westerly, RI 02891 3123
Compass Money Market
2.45%
$0
▼
Rate2.42%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI 02891
Advantage Money Market Account
1.40%
$0
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Navigant Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
48 Franklin st, Westerly, RI 02891 3123
Quest Business Money Market Promo
1.35%
$0
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
131 Franklin St, Westerly, RI 02891
Dime Accelerator Money Market
1.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI 02891
Advantage Money Market Account
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Navigant Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
48 Franklin st, Westerly, RI 02891 3123
Quest Business Money Market Promo
0.45%
$0
▼
Rate0.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
131 Franklin St, Westerly, RI 02891
Dime Accelerator Money Market
0.20%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Navigant Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
48 Franklin st, Westerly, RI 02891 3123
Quest Business Money Market Promo
0.15%
$0
▼
Rate0.14%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
112 Franklin St, Westerly, RI 02891
Citizens Private Client® Money Market
0.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Navigant Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
48 Franklin st, Westerly, RI 02891 3123
Quest Business Money Market Promo
0.14%
$0
▼
Rate0.14%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
112 Franklin St, Westerly, RI 02891
Citizens Quest® Money Market
0.03%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
112 Franklin St, Westerly, RI 02891
Personal Money Market
0.01%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Money Market Plus
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Boosted 6 Month APY
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Money Market Plus
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Standard APY
Rate2.99%
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Premier Money Market
3.00%
$50,000
▼
Rate—
Min Deposit$50,000
Min Balance—
UpdatedMay 10, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Selective Reserve Money Market Account
3.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Selective Reserve Money Market Account
3.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Business Money Market
2.75%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Max Yield Money Market
2.50%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Business Money Market
2.25%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Money Market Savings
2.25%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Max Yield Money Market
2.25%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Featured Premier Money Market
2.17%
$0
▼
Rate2.15%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Max Yield Money Market
2.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Money Market Savings
1.75%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Business Money Market
1.50%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
Money Market Savings Account
1.26%
$0
▼
Rate1.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Money Market Savings
1.25%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Featured Premier Money Market
1.21%
$0
▼
Rate1.20%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
Money Market Savings Account
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Coastal1 Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Business Money Market
0.80%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Money Market Savings
0.75%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
Money Market Savings Account
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Business Money Market
0.75%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Money Market Plus
0.74%
$0
▼
Rate0.74%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Boosted 6 Month APY
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Premier Money Market
0.35%
$50,000
▼
Rate—
Min Deposit$50,000
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $49,999.99
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Money Market
0.25%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Community & Teachers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Community & Teachers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Money Market
0.15%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Money Market
0.10%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.52%
Money Market
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details
Community & Teachers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $2,500.00
The Peoples Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.41%
Business Money Market
0.05%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Money Market Plus
0.01%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Standard APY
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Premier Money Market
0.01%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Eastern Bank Boston, MA
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Featured Premier Money Market
0.01%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Business Money Market
0.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Greenwood Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.56%
Money Market Savings
0.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
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MonitorBankRates
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 Westerly, Rhode Island and the surrounding area.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Westerly, RI Money Market Rate Trends
Compare local Westerly, RI 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 — RI Avg
3.718%
Unchanged vs 7 days ago
Rhode Island high-yield MMA rates currently average 3.718% APY.
Standard MMA — RI Avg
0.281%
Unchanged vs 7 days ago
Rhode Island standard MMA rates currently average 0.281% APY.
As of May 14, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Westerly, Rhode Island 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 Westerly, Rhode Island. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in RI.
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 Westerly, Rhode Island
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 Rhode Island.
Are Money Market accounts in Westerly, Rhode Island 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 Rhode Island up to $250,000 per depositor, per institution.
How often do MMA rates change in Westerly, Rhode Island?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Rhode Island 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 Westerly, Rhode Island?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Westerly, Rhode Island 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 Westerly, Rhode Island
Here are some of the highest money market account APYs currently available in Westerly, Rhode Island and the surrounding area:
- Citizens Bank
Citizens Private Client® Money Market — 3.75% APY - Dime Bank
Dime Accelerator Money Market — 3.50% APY - Westerly Community Credit Union
Advantage Money Market Account — 3.05% APY - Navigant Credit Union
Compass Money Market — 2.45% APY - HarborOne Bank
Money Market Plus — 4.00% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Westerly, Rhode Island. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 10, 2026
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