You don’t have to travel very far to get good rates on your savings. But you do have to make a choice.
At MutualOne Bank, every deposit is insured in full.
Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits over and above this amount are covered by the Share Insurance Fund (SIF), established by the legislature in 1934 to protect deposits in Massachusetts-chartered co-operative banks. There are no maximum account limitations or amount limitations.
*Annual Percentage Yield (APY) as of 11/28/2018. A penalty for early withdrawal will apply.
1. Maximum opening deposit $1,000,000