Lowell, Massachusetts Savings Rates - October 2026
Brian McKay
Brian McKay
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Lowell, Massachusetts savings account rates range from 0.01% to 8.00% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Lowell, Massachusetts and the surrounding area include Jeanne D Arc Credit UnionJeanne D Arc Credit Union581 Merrimack St, Lowell, MA 01854 3908A+5.0 ★Texas Ratio: 2.58%Real return: +5.20%APY minus 2.8% CPI (February 2026) Senior Statement Savings at 8.00% APY, DCU Digital Federal Credit UnionDCU Digital Federal Credit Union564 Bridge St, Lowell, MA 01850A5.0 ★Texas Ratio: 10.34%Real return: +2.20%APY minus 2.8% CPI (February 2026) Primary Savings at 5.00% APY, OpenbankOpenbank489 Merrimack St, Lowell, MA 01854A5.0 ★Texas Ratio: 8.00%Real return: +1.35%APY minus 2.8% CPI (February 2026) High Yield Savings at 4.15% APY, Lowell Firefighters Credit UnionLowell Firefighters Credit Union642 Chelmsford St, Lowell, MA 01851A+5.0 ★Texas Ratio: 0.41%Real return: +1.27%APY minus 2.8% CPI (February 2026) Regular Savings at 4.07% APY, and Salem Five DirectSalem Five Direct691 Rogers St, Lowell, MA 01852A+5.0 ★Texas Ratio: 3.29%Real return: +0.86%APY minus 2.8% CPI (February 2026) eOne Savings at 3.66% APY.
Lowell has 56 local institutions in our database, with savings rates as high as 8.00% APY from Jeanne D Arc Credit Union at 581 Merrimack St, Lowell, MA 01854 3908. Use the table below to compare all available offers, including options from institutions serving the broader Massachusetts area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Lowell, Massachusetts and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Lowell, Massachusetts & Surrounding Communities
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
Primary savings account; Qualifying balance up to $500.00; 0.05% dividend rate on balance above $500.00; Dividend rates effective as of November 1, 2024
On Balances Up To $1000.00
6-Month Boost for New Customers. After 6 months, this boost will expire and your rate will revert to our standard variable APY (currently 3.80%).
Balance: $100,000.00 +
Standard variable APY. This is the rate after the 6-month boost expires.
- Oct 6, 20263.80%▼ from 4.15%
- Sep 27, 20264.15%first recorded
eOne Savings earns 3.66% APY (Annual Percentage Yield) on daily balances of $0.01-$1,000,000 and must be opened with funds not previously on deposit with Salem Five or Salem Five Direct. The rate may change after the account is opened. Salem Five reserves the right to transfer balances over $1,000,000 to a Statement Savings Account earning a variable rate of interest and APY as disclosed to you at the time the account is opened. eOne Savings may be used to provide overdraft protection for eOne Checking. This offer is not available at Salem Five branch locations. Consumer accounts only.
- Oct 2, 20263.66%▲ from 3.51%
- Sep 27, 20263.51%first recorded
Balance: $50,000.00 - $99,999.99
Balance: $50,000.00 or more; Account rate is variable and is subject to change at any time. Rates and Annual Percentage Yields effective 9/15/26
Balance: $0-$100,000.00
Balance: $5
Balance: $25,000.00 - $49,999.99
Balance: $250,000 and above; Minimum Balance to Earn APY: $250,000
Balance: $250,000 and above
Balance: $100,000-$249,999.99; Minimum Balance to Earn APY: $100,000
Balance: $100,000-$249,999.99
Balance: $50,000-$99,999.99; Rates effective 8/31/2026
Balance: $50,000-$99,999.99
Balance: $25,000-$49,999.99; Minimum Balance to Earn APY: $25,000
Balance: $25,000-$49,999.99
Balance: $10,000-$24,999.99; Minimum Balance to Earn APY: $10,000
Balance: $10,000-$24,999.99
$5.00 Membership Account required for membership; no additional deposits allowed
Members must have StartStrong Savings Account or StartStrong Checking Account to open; dividend rates effective as of May 1, 2024; $5.00 minimum balance to open and earn APY
Balance: $2,500-$9,999.99; Minimum Balance to Earn APY: $2,500
Balance: $2,500-$9,999.99
Balance: $1,000,000 and over
Balance: $25,000.00 - $49,999.99
Dividend rates effective as of March 15, 2021; $5.00 minimum balance to open
Balance: $0.01-$2,499.99; Minimum Balance to Earn APY: $25
Balance: $0.01-$2,499.99
Balance: $10,000.00 - $24,999.99
Balance: $100,000 or more
Minimum Balance to avoid Service Charge: $0
Balance: $25,000 - $49,999.99
Balance: $5
Balance: $0.01- $9,999.99
Account rate is variable and is subject to change at any time. Rates and Annual Percentage Yields effective 9/15/26.
Balance: $0 - $49,999.99; Account rate is variable and is subject to change at any time. Rates and Annual Percentage Yields effective 9/15/26
Minimum Balance to avoid Service Charge: $50
Minimum Balance to avoid Service Charge: $0
Balance: $10 - $24,999.99
Minimum Balance to avoid Service Charge: $50
If requirements are not met
Balance: $10+; Method of Compounding: Monthly
Balance: $.01-$9,999.99
Qualifying balances of $250,000 or less only
- Sep 24, 20265.00%▲ from 4.75%
- Sep 18, 20264.75%first recorded
Balance: $0 - $1,000
Qualifications Required; LevelUp Rate applies when depositing $250+ per month (statement cycle); rate applied to full balance; Standard Rate of 3.00% APY otherwise
Earn LevelUp Rate on entire balance when you deposit $250+ per month; Standard Rate of 3.00% APY otherwise
- Sep 25, 20264.20%▲ from 4.00%
- Sep 14, 20264.00%first recorded
$0-$20,000; Open Online
The APY for the GoalGetter Savings Account is 4.00% for balances up to $20,000. For total balances above $20,000, the rate is blended; the first $20,000 will earn 4.00% APY and the remaining balance will earn 0.05% APY. For example, if your GoalGetter Savings account had a daily balance of $25,000, you would earn 4.00% APY for that day on $20,000 and 0.05% APY on the remaining $5,000. Limit one account per tax reporting owner. Needham Bank Flex Checking Account required. Personal accounts only.
Qualifications Required: 30 debit card purchases; 1 direct deposit or automatic payment (ACH); e-statement enrollment; Qualifying balance up to $25,000.00; Earn 0.50% APY on balances over $25,000.00 when qualifications are met; Linked to EMPOWER Rewards Checking
Earn 10x the national average savings account rate. No monthly fees. Interest compounded daily. Human support from a trusted bank. Maximum account balance to receive the 4.00% APY is $1,000,000. This is a tiered variable rate account, and rates may change after the account is opened. Fees may reduce earnings. Balance: $2,500 - $1,000,000
No Monthly Fees | No minimum account balance requirements -and unlimited transactions.
Balance: $10; **See important information regarding eXPERIENCE Online Savings Account rates.
Balance: $250,000+
High-yield savings account designed to help your money grow faster. No monthly fees or minimum balance requirements. Competitive rates are reviewed periodically.
Balance: $20,000 or greater
Annual Percentage Yield (APY) is variable and is accurate as of 10/9/2026. Rate is subject to certain terms and conditions. Rate and APY may change at any time. Fees may reduce earnings.
For balances of $25,000 and up, earn even more with a Jumbo Savings account.
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.
Lowell, MA Savings Rate Trends
Compare local Lowell, 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 rose 0.177 points over the past 7 days to 2.231% APY, up from 2.054%.
Massachusetts standard savings rates rose 0.007 points over the past 7 days to 0.483% APY, up from 0.475%.
Lowell, 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 to 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 2.231% 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: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 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 Lowell, Massachusetts.
Savings Account Earnings in Lowell, 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 (2.231% APY) | Monthly Earnings | Standard Savings (0.483% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $111.57 / year | $9.30 | $24.12 / year | $2.01 |
| $10,000 | $223.14 / year | $18.60 | $48.25 / year | $4.02 |
| $25,000 | $557.85 / year | $46.49 | $120.62 / year | $10.05 |
| $50,000 | $1,115.70 / year | $92.98 | $241.25 / year | $20.10 |
| 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: Lowell, Massachusetts savings rate averages as of October 13, 2026. | ||||
About Our Lowell, Massachusetts Savings Rate Database
MonitorBankRates found 12 institutions with branches in Lowell (6 banks, 6 credit unions), plus 14 additional state-chartered and national online institutions available to Lowell 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 to 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: Jeanne D Arc Credit Union offers a savings account at 8.00% APY with a minimum deposit of $5. Use the rate table above to compare all current offers in Lowell, Massachusetts.
How to Find the Best Savings Rates in Lowell, Massachusetts
What to compare when shopping for a savings account in Lowell, Massachusetts
To find the best savings APYs in Lowell, Massachusetts, start with credit unions and online-only banks: Lowell, Massachusetts has 6 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 2.231% but top local institutions are offering as high as 8.00%, 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 to 6 months of expenses in a liquid, FDIC-insured account. Lowell, Massachusetts high-yield savings rates currently average 2.231% APY, far above a typical checking account.
- Short-term savings goals (6 to 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 Lowell, Massachusetts institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 26 institutions in Lowell, Massachusetts report savings rates to our database.
- 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 Lowell, Massachusetts CD rates
- You want check-writing flexibility Lowell, Massachusetts money market rates
- You need daily transaction access Lowell, Massachusetts checking rates
Lowell, Massachusetts Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
12.6% of residents are 65 or older, below the national average of 17.3%. At today’s MA high-yield savings average of 2.231%, saving 10% of the local median salary ($4,479/year) would earn an additional $100 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Lowell, Massachusetts Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Lowell, Massachusetts.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MA Avg APY | 2.231% | 0.483% | 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 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | 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 Lowell, Massachusetts averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Lowell, Massachusetts
At MA’s top rate of 8.00% from Jeanne D Arc Credit Union, a $10,000 deposit earns $800 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Lowell, Massachusetts earner is roughly $11,200. At 2.231% APY, saving $930/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 2.231% 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 Lowell, Massachusetts earner makes $44,797/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.231% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.231% APY grows to roughly $38,871 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 Lowell, 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 Lowell, 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 Lowell, 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 Lowell, Massachusetts
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Lowell, Massachusetts safe?
How often do savings rates change in Lowell, 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 Lowell, Massachusetts?
How do I open a savings account in Lowell, Massachusetts?
Best Savings Rates in Lowell, Massachusetts
- Jeanne D Arc Credit Union
Senior Statement Savings: 8.00% APY - DCU Digital Federal Credit Union
Primary Savings: 5.00% APY - Openbank
High Yield Savings: 4.15% APY - Lowell Firefighters Credit Union
Regular Savings: 4.07% APY - Salem Five Direct
eOne Savings: 3.66% APY
Lowell, Massachusetts Rates & Resources
