Please Note: the smart ATM machines at our Northampton and Northampton VA locations are currently unavailable due to maintenance. Please consider visiting a MoneyPass ATM, or one of our offsite ATMs, for your cash withdrawal needs outside of branch business hours. Also remember that our online and mobile banking services are available for your convenience, which includes the ability to deposit checks using our mobile banking app.
Term Deposit Savings
We've got your best interest in mind.
UMassFive Term Deposits are a safe, effective way to save for any occasion. A Term Deposit allows you to lock in a higher interest rate for a specific period of time.
Pick your term, up to five years, with low initial deposit
With minimum balances starting at just $500, you can begin earning a higher rate sooner. We have terms available ranging from 90 days up to five years for those who want to optimize dividends.
Bump up your rate in the future
Our 24 and 60 month Bump-Up Term Deposits offer confidence that your savings will be earning its maximum potential—even in a changing rate environment—with the flexibility to adjust your rate up (or "bump up") one time during your term.^
Choose your dividend payment method
You have the option to roll the interest you've earned back into the certificate.
Or, if you prefer, you may request that all dividends be transferred into any savings account on either a quarterly basis, or at the certificate's maturity.
Did You Know?
Term Deposits are one of the products you can get even more out of with Co-op Points!
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Term Deposit Savings Rates
| Duration | Dividend Rate | Dividend Rate with 2,500 Co-op Points | Annual Percentage Yield (APY) | APY with 2,500 Co-op Points |
|---|---|---|---|---|
| 90 Days | 1.00% | 1.25% | 1.00% | 1.25% |
| 6 Month | 3.75% | 4.00% | 3.81% | 4.07% |
| 9 Month | 3.75% | 4.00% | 3.81% | 4.07% |
| 12 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 15 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 18 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 22 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 24 Month "Bump-up"^ | 3.00% | 3.25% | 3.04% | 3.29% |
| 24 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 29 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 36 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 48 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 60 Month "Bump-up"^ | 3.00% | 3.25% | 3.04% | 3.29% |
| 60 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| Rates subject to change at any time. Rates effective as of June 17, 2025. |
*There is a $500 minimum balance required to open any Term Deposit.
^ The rate for Bump-up Rate Term Deposits may be adjusted to the posted rate that is currently in effect, should the market rates rise to be more favorable. This bump-up adjustment can only be made once during your term, with a maximum increase up to 2.00% above your initial rate.
Start Saving Today!
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For disclosures and additional details, please visit here.
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