RateAPY

North Middlesex Savings Bank Simply Save Account at 2.75% APY

Posted by: RateAPY Bank Rates News
April 8th, 2010

Every individual knows they should have a savings account, but not everyone can manage to save each month. Banks and credit unions are establishing accounts with incentives which encourage their customers to save, and some are automatically transferring small amounts from a checking to a savings account.

Residents of Ayer, Massachusetts and nearby towns can sign up for the Simply Save account with North Middlesex Savings Bank. As long as the accountholders make a deposit of $50 or more in person at a bank branch during each interest cycle, the savings will earn 2.75% APY. No monthly fees are charged. To earn the APY, the account balance must be between $10 and $10,000. Balances under or over that amount will earn 0.25% APY.

Comparing savings account plans online can be the best way to find an account with terms and conditions which meet your needs.