Interest Rates

At Melrose Cooperative Bank, you’ll find the great, competitive interest rates you’re looking for as you manage your financial affairs. The rates posted here are current.

Deposit Rates
Deposit Rates list the rates we currently pay on Certificates of Deposit, as well as Basic Savings, Money Market and NOW Checking Accounts. It also lists the minimum daily balance for each account and rate.

View Deposit Rates

Consumer Loan Rates
Consumer Loan Rates list the rates for Automobile Loans as well as the monthly payments for different loan terms.

View Consumer Loan Rates

Mortgage Rates
Mortgage Rates include the rates for Fixed Rate Mortgages, and Home Equity Loans and Lines of Credit, as well as the rates and conditions for our different Adjustable Rate Mortgages.

View Mortgage Rates

You may find it useful to work with our Calculators, where you can enter current rates to give you different scenarios including mortgage payments, a Mortgage Qualifier, savings calculators and a comparison of a Roth IRA with a traditional one.