Earn up to 3.05% APY2,28 with a high yield Money Market account
Earn more when you save more while maintaining easy access to your money with a Money Market from Webster First.
Open Now Find a BranchBenefits of a Money Market Account
Earn higher rates than traditional savings accounts
Money Market Plus up to 3.05% APY2,28
Money Market up to .15% APY2
Stay flexible
Easily access your cash when you need it
Deposits are fully insured
At Webster First, NCUA insures all deposits up to $250,000 and all amounts exceeding that are insured by MSIC.
Save your way
After the account is open, there are no restrictions on deposit amounts or totals
Get our best rates with Money Market Plus
Money Market Plus offers higher rates than our regular Money Market account. You'll need to meet three simple criteria28 to qualify:
Have a Webster First checking account
At least 1 direct deposit into your checking account per month
At least 10 debit card transactions from your checking account per month
Current Rates
| Type | Dividend Rate | APY2 | Min Balance7 |
|---|---|---|---|
| Money Market | .15% | .15% | $1,000.00 |
| .10% | .10% | $5.00 - $999.99 | |
| Money Market Plus28 | 3.00% | 3.05% | $100,000.00 |
| 2.00% | 2.02% | $50,000.00 - $99,999.99 | |
| 1.50% | 1.51% | $25,000.00 - $49,999.99 | |
| 1.00% | 1.00% | $1,000.00 - $24,999.99 | |
| .75% | .75% | $0.00 - $999.99 |
7:Minimum daily balance in your account each day to obtain the disclosed annual percentage yield.
28:If Money Market Plus criteria isn’t met in any given month, regular Money Market rates will apply for that month. Money Market Plus criteria is: must have active checking account with minimum of one direct deposit into the checking account and ten debit card transactions from the checking account per statement cycle to qualify for higher rates, otherwise standard money market rates apply. The minimum balance to open the account is $1,000.00.
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply.
Your money is always accessible
A Money Market account keeps your cash accessible, so it’s there for you when you need it.
- Make unlimited withdrawals in person at your local branch
- Up to 6 withdrawals may be made monthly at an ATM, online, or by phone
- Get access to your accounts at nearly 30,000 ATMs through our CO-OP Network partners.
Savings Goal Calculator
Calculate how much you need to save in a Money Market Account to reach your savings goal by using the above rates to determine your yield.
Open your Money Market account now
Must live, work, worship, or attend school in Essex, Middlesex, Suffolk, or Worcester County or be a current Webster First member to open. $5 minimum balance to open Money Market. $1,000 minimum balance to open Money Market Plus.
Award-winning service
2025: Newsweek Best Regional Banks and Credit Unions
2024 Winner: Best of Central Mass
2024: Newsweek Best Regional Banks and Credit Unions
2023 Winner: Best of Central Mass
Rated 5 Stars by Bauer
