Somerville’s CU has the competitive rates you’re looking for.


Rates effective October 3, 2023.

All Rates Subject to Change.

Regular Accounts
Type Interest Rate APY*
Regular Shares 0.05% 0.05%
Special Purpose 0.05% 0.05%
Super Saver Club 0.25%* 0.25%*
IRA/Coverdell 0.75% 0.75%

Compounded Quarterly
* up to $2,500 balance then reduces to .05%

Money Market Accounts
Amount Interest Rate APY*
$2500 – $10,000 0.15% 0.15%
$10,001 – $25,000 0.15% 0.15%
$25,001 – $50,000 0.15% 0.15%
$50,001 + 0.15% 0.15%

Compounded Quarterly

Term Certificates**
Type Interest Rate APY*
6 Months Please contact the Credit Union for current rates
7 Months SPECIAL OFFER 4.45% 4.54%
9 Months Please contact the Credit Union for current rates
12 Months Please contact the Credit Union for current rates
15 Months SPECIAL OFFER 4.45% 4.54%
18 Months Please contact the Credit Union for current rates
24 Months SPECIAL OFFER 5.00% 5.11%
30 Months Please contact the Credit Union for current rates
36 Months Please contact the Credit Union for current rates
60 Months Please contact the Credit Union for current rates

*APY = Annual Percentage Yield

**Early withdrawal penalties may be imposed. The Annual Percentage Yield assumes principal and interest would remain on deposit for the full term. A withdrawal and/or fees may reduce earnings.

Checking
Checking Accounts
Checking Accounts earn no interest, and have a minimum balance requirement of $0.01.

*APY = Annual Percentage Yield

Dividends are earned on the average daily balance for the dividend period.