Personal
Set your goals and get started.
Your savings form the bedrock of your personal finances. Create a solid foundation for future growth with these savings accounts, all featuring competitive interest rates. Whether you're saving for a specific short-term goal or you're creating a cushion for the long term, there's a savings account to fit your needs.
Click here to view Personal Deposit Rates.
EZ $ave
Saving is as simple as possible with this hard-working account. You focus on your goals, and this account does all the work. When you open a personal checking account with Florence Bank, you automatically have access to an EZ $ave account.
- No monthly service fee
- $10 minimum opening deposit
- Variable interest rate on balances over $10
- Includes a Debit Card for easy access to your money
- Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage
- Set up Direct Deposit to make saving easy!
Statement Savings
What are you saving for? Whether it's a special purchase or peace of mind, this account puts you in control with a competitive rate.
- $10 minimum opening deposit
- $200 minimum balance
- Variable interest rate on balances over $10
- Includes a Debit Card for easy access to your money
- Track your growth and manage your account through Online Banking
- Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage
- Set up Direct Deposit to make saving easy!
Money Market
When you want flexibility and a higher rate from your savings account, here's the answer. The more money you have in this Money Market Account, the higher your interest rate to drive your savings. Plus, you can access your money by writing a limited number of checks each month.
- $1,000 minimum opening deposit
- $1,000 minimum balance
- Tiered interest rates reward you for maintaining a higher balance
- Track your growth and manage your account through Online Banking
- Unlimited withdrawals in person or with a Florence Bank Debit Card
- Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage
- Set up Direct Deposit to make saving easy!
Certificate of Deposit (CD)
Maximize your savings by keeping it deposited for a specific amount of time, anywhere from three months to five years. Enjoy guaranteed growth from a fixed interest rate during that time. When your CD matures, you can withdraw your money or reinvest in another CD to continue your momentum.
- $500 minimum opening deposit (in most cases)
- No monthly service fee
- Terms range from 3 to 60 months
- Track your growth through Online Banking
- Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverage
Florence Bank is a full-service bank with branches conveniently located throughout Western Massachusetts.
Personal savings Accounts
It's Never Too Early To Start Saving
While saving for the future might not come naturally to you or might feel daunting when you have many other expenses, setting attainable savings habits now will set you up for a stable future.
