Leominster, Massachusetts Savings Rates - June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Leominster, Massachusetts and the surrounding area include DCU Digital Federal Credit UnionDCU Digital Federal Credit Union198 New Lancaster Rd, Leominster, MA 01453A5.0 ★Texas Ratio: 8.74%Real return: +0.70%APY minus 2.8% CPI (February 2026) Money Market Savings at 3.50% APY, Avidia BankAvidia Bank470 Lancaster St, Leominster, MA 01453A+5.0 ★Texas Ratio: 4.30%Real return: +0.45%APY minus 2.8% CPI (February 2026) America 250 Savings at 3.25% APY, IC Federal Credit UnionIC Federal Credit Union400 Mechanic St, Leominster, MA 01453A-5.0 ★Texas Ratio: 13.48%Real return: +0.24%APY minus 2.8% CPI (February 2026) High-Yield Savings at 3.04% APY, Workers Federal Credit UnionWorkers Federal Credit Union881 Merriam Ave, Leominster, MA 01453A5.0 ★Texas Ratio: 8.41%Real return: +0.20%APY minus 2.8% CPI (February 2026) Advantage Savings at 3.00% APY, and Leominster Credit UnionLeominster Credit Union1316 Main St, Leominster, MA 01453A+5.0 ★Texas Ratio: 2.75%Real return: +0.20%APY minus 2.8% CPI (February 2026) Tiered Savings at 3.00% APY.
Leominster has 36 local institutions in our database, with savings rates as high as 3.50% APY from DCU Digital Federal Credit Union at 198 New Lancaster Rd, Leominster, MA 01453. 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.
Savings rates reflect recent market quotes and representative offers available to depositors in Leominster, Massachusetts and the surrounding area. Last Updated and Verified: June 23, 2026
Compare the Best Savings Rates in Leominster, Massachusetts & Surrounding Communities
Invest in your future with up to 3.50% APY.1 Saving should be effortless. With a Money Market account, it is.
APY* is calculated on a daily balance of $5,000.00 or more. ****
A smart, exclusive savings option for new customers.
Qualifications Required; $10,000 minimum balance required to open and earn advertised APY. Available to consumers only. New money is welcome but not required.
Qualifications Required: At least 1 direct deposit or ACH credit; At least 12 debit card purchases; Be enrolled in and agree to receive e-statements; Be enrolled in and log into online banking; Qualifying balance up to $100,000.00
Qualifying balance up to $100,000.00
Balance range: $250,000.01 to $500,000.00
APY* is calculated on a daily balance of $5,000.00 or more. ***
Balance range: $1,000 to $100,000
Fees may reduce earnings.
Less than minimum earns no interest. Variable rate account. The rate may change after the account is opened.
When your linked Advantage High Interest or Advantage Cash Back account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000 in your Advantage Savings account earn a dividend rate of 2.96% resulting in an APY of 3.00% ; and daily balances over $100,000 earn a dividend rate of 0.995% on the portion of the daily balance over $100,000, resulting in a range from 3.00% to 2.00% APY depending on the account's daily balance. APY calculations are based on an assumed balance of $100,000+ $100,000 in your Advantage Savings account and an assumed statement cycle of thirty-one (31) days. When your linked Advantage High Interest or Advantage Cash Back account qualifications are not met, the entire daily balance in the Advantage Savings account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05% APY. Dividends will be credited to your Advantage Savings account on the last business day of the month. Rates and rewards are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Fees may reduce earnings.
Fees may reduce earnings.
Fees may reduce earnings.
Earn 0.05% Annual Percentage Yield (APY) on balances of $50.00 and over. Available for business accounts only. Minimum amount to open Business Savings $5 with no minimum balance.
If requirements are not met
Fees may reduce earnings.
Qualifying balance up to $9,999.99
Qualifying balance up to $1,000.00
Qualifying balances of $250,000 or less only
Earn 0.500% APY* on balances over $25,000
Qualifications Required: At least $250 in deposits during the Evaluation Period; Standard Rate of 3.00% APY accurate as of 06/22/2026. Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. LevelUp Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period. Otherwise, accounts will earn the Standard Rate. Interest payments, account bonuses, account credits and reversals or refunds from the bank are not considered deposits for rate evaluation purposes. All LevelUp Savings accounts earn the LevelUp Rate at account opening and continue to earn the LevelUp Rate until the First Evaluation Period, to provide an opportunity to set up deposits. While accounts will not move from the LevelUp Rate prior to the First Evaluation Period, the LevelUp Rate is variable and subject to change at any time, including prior to the First Evaluation Period. An Evaluation Period is a statement cycle. The First Evaluation Period will be the third statement cycle after you open your account, with any rate change becoming effective the next statement cycle. For example, if you open in August, the first Evaluation Period would be October with any rate change effective in November. Any rate changes will take place at the end of the first business day of the month and will be based on deposits in the previous statement cycle. Fees may reduce earnings. $0 minimum opening deposit.
Qualifications Required: Qualifications Required; Qualifying balance up to $25,000.00; If qualifications are met
Available to Flex Checking customers. No monthly maintenance fees. Perfect for focused savings such as building an emergency fund.
Federally insured. No deposit limit. Liquid savings. No monthly fees.
*LEARN MORE
Balances $100,000 - $500,000 (plus interest paid)
Qualifying balance up to $500.00
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.
Leominster, MA Savings Rate Trends
Compare local Leominster, MA savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Massachusetts high-yield savings rates fell 0.023 points over the past 7 days to 1.690% APY, down from 1.713%.
Massachusetts standard savings rates fell 0.005 points over the past 7 days to 0.828% APY, down from 0.833%.
Leominster, Massachusetts Savings Rate Forecast — Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current MA high-yield savings average of 1.690% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: 1–2 Federal Reserve rate cuts of 25 basis points each over the next 12 months, based on current CME FedWatch consensus; savings institutions typically pass through 70–90% of rate cuts to deposit rates within 60–90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Leominster, Massachusetts.
Savings Account Earnings in Leominster, Massachusetts
Annual interest earnings at current MA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.690% APY) | Monthly Earnings | Standard Savings (0.828% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $84.52 / year | $7.04 | $41.38 / year | $3.45 |
| $10,000 | $169.03 / year | $14.09 | $82.76 / year | $6.90 |
| $25,000 | $422.58 / year | $35.22 | $206.90 / year | $17.24 |
| $50,000 | $845.15 / year | $70.43 | $413.80 / year | $34.48 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Leominster, Massachusetts savings rate averages as of June 23, 2026. | ||||
About Our Leominster, Massachusetts Savings Rate Database
MonitorBankRates found 8 institutions with branches in Leominster (4 banks, 4 credit unions), plus 18 additional state-chartered and national online institutions available to Leominster residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: DCU Digital Federal Credit Union offers a savings account at 3.50% APY. Use the rate table above to compare all current offers in Leominster, Massachusetts.
How to Find the Best Savings Rates in Leominster, Massachusetts
What to compare when shopping for a savings account in Leominster, Massachusetts
To find the best savings APYs in Leominster, Massachusetts, start with credit unions and online-only banks — Leominster, Massachusetts has 10 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current MA high-yield savings average is 1.690% — but top local institutions are offering as high as 3.50%, so shopping around pays off.
Unlike a CD, savings account rates are variable — your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3–6 months of expenses in a liquid, FDIC-insured account. Leominster, Massachusetts high-yield savings rates currently average 1.690% APY — far above a typical checking account.
- Short-term savings goals (6–24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Leominster, Massachusetts institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally — 26 institutions in Leominster, Massachusetts report savings rates to our database.
- You’re among Leominster, Massachusetts’s 19.3% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return → Leominster, Massachusetts CD rates
- You want check-writing flexibility → Leominster, Massachusetts money market rates
- You need daily transaction access → Leominster, Massachusetts checking rates
Leominster, Massachusetts Financial Snapshot
Local demographics and economic context for savers — Source: U.S. Census Bureau
19.3% of residents are 65 or older, in line with the national average of 17.3%. At today’s MA high-yield savings average of 1.690%, saving 10% of the local median salary ($5,211/year) would earn an additional $88 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Leominster, Massachusetts Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Leominster, Massachusetts.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MA Avg APY | 1.690% | 0.828% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Rate may fall with Fed cuts | Rate may fall with Fed cuts | Rate may fall with Fed cuts | None — locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Leominster, Massachusetts averages tracked in our database as of June 23, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Leominster, Massachusetts
At MA’s top rate of 3.50% from DCU Digital Federal Credit Union, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Leominster, Massachusetts earner is roughly $13,000. At 1.690% APY, saving $1,090/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMassachusetts’s high-yield savings average is 1.690% APY — variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Leominster, Massachusetts earner makes $52,113/year. Track your income vs. expenses to find your monthly surplus — then put it to work at 1.690% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.690% APY grows to roughly $34,957 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Leominster, Massachusetts savings 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 Savings Rate Data: We aggregate savings account rates for Leominster, 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 savings 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 Leominster, Massachusetts. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Leominster, Massachusetts
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Leominster, Massachusetts safe?
How often do savings rates change in Leominster, Massachusetts?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Leominster, Massachusetts?
How do I open a savings account in Leominster, Massachusetts?
Best Savings Rates in Leominster, Massachusetts
- DCU Digital Federal Credit Union
Money Market Savings — 3.50% APY - Avidia Bank
America 250 Savings — 3.25% APY - IC Federal Credit Union
High-Yield Savings — 3.04% APY - Workers Federal Credit Union
Advantage Savings — 3.00% APY - Leominster Credit Union
Tiered Savings — 3.00% APY
Leominster, Massachusetts Rates & Resources
