Why save with Webster First?
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:
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 | APY1 | Min Balance3 |
|---|---|---|---|
| Money Market | .15% | .15% | $1,000.00 |
| .10% | .10% | $5.00 - $999.99 | |
| Money Market Plus⁴ | .20% | .20% | $100,000.00 |
| .15% | .15% | $50,000.00 - $99,999.99 | |
| .15% | .15% | $25,000.00 - $49,999.99 | |
| .15% | .15% | $1,000.00 - $24,999.99 | |
| .10% | .10% | $0.00 - $999.99 |
3:Minimum daily balance in your account each day to obtain the disclosed annual percentage yield.
4: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
Managing your savings shouldn’t be stressful. With a Webster First Money Market account, your funds are always at your fingertips. Whether it’s a planned expense or an unexpected need, we’re here to keep your money accessible.
- 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.
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, MA. $5 minimum balance to open a Money Market account. $1,000 minimum to open Money Market Plus.
Award-winning service
2024: Newsweek Best Regional Banks and Credit Unions
2024 Winner: Best of Central Mass
Rated 5 Stars by Bauer
2023 Winner: Best of Central Mass