Secure your savings with a Money Market account

Boost your savings while staying flexible and secure Earn more with a Webster First Money Market account. 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.

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Benefits of a Money Market Account

Earn higher rates

Outperform traditional savings accounts with our competitive Money Market and Money Market Plus rates.

Easy accessibility

Stay in control of your money. Access your funds with ease.

Full deposit insurance

Feel confident knowing your deposits are insured. NCUA covers up to $250,000, and all additional amounts are insured by MSIC – because protecting your money is our priority.

Freedom to save your way

After opening your account, there are no restrictions on deposit amounts or totals. Save as much as you’d like, whenever you’d like!

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 criteria4 to qualify:

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1

Have a Webster First checking account

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2

At least 1 direct deposit into your checking account per month

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3

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
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply. Annual Percentage Yield accurate as of May 5, 2025.

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.
Find an ATM

Start growing your savings today

Take the first step toward smarter savings. Open your Webster First Money Market account and watch your money grow – securely and flexibly. Must live, work, worship, or attend school in Essex, Middlesex, Suffolk, or Worcester County. $5 minimum balance to open a Money Market account. $1,000 minimum to open Money Market Plus.


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Award-winning service

America's Best Regional Banks and Credit Unions Newsweek 2025. Plant-A Insights Group.

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

Webster First Rated 5 Stars by Bauer June 2023

Rated 5 Stars by Bauer