Premier Interest Checking

Earn a higher rate of interest with a balance of $1,500 or more and competitive interest if your balance falls below $1,500.

Earn the highest rate of interest we offer on checking. Simply maintain a $1,500 minimum balance, and you’ll get our best rate plus the special benefits of Premier Checking.

Features & Benefits:

  • Free personalized checks for life1
  • Free unlimited ATM Transactions2
  • Free debit card
  • Free Online Banking and Bill Payment
  • Free Mobile Banking
  • Free return of check images
  • Free easy-to-balance monthly statement
  • Free Thank You gift3
  • Buy back of your old checks and debit card from another financial institution4
  • Higher interest rate with a balance of $1,500 or more
  • Competitive interest if balance falls below $1,500
  • No per check charge
  • Only $6 monthly charge if minimum balance falls below $1,500

1Pre-selected check style.

2Marblehead Bank will not charge a fee for using another institution’s ATM for up to five transactions per month. Other institutions may impose a surcharge fee for using their ATMs. Marblehead Bank will refund up to three surcharges per month, with receipts, from other banks. Premier Interest Checking has unlimited FREE foreign ATM transactions.

3Free gift provided at time of in-person account opening. Online account opening free gift available for pickup at any of our three convenient offices. We reserve the right to substitute a gift of similar value. The value of the free gift may be reported on Form 1099-INT.

4Up to $10 for debit cards and unused checks from another financial institution given at the time the checks/debit cards are presented.

PREMIER INTEREST CHECKING CURRENT RATES

With a minimum balance of $1,500:

APY is accurate as of 12/19/2025. All rates and terms subject to change without notice.

APY*Interest RateMinimum Deposit to Open AccountMinimum Balance to Obtain APY
APY* 0.10%Interest Rate 0.10%Minimum Deposit to Open Account $10.00Minimum Balance to Obtain APY $1,500
With a minimum balance of $1,499.99 or less:

APY is accurate as of 12/19/2025. All rates and terms subject to change without notice.

APY*Interest RateMinimum Deposit to Open AccountMinimum Balance to Obtain APY
APY* 0.05%Interest Rate 0.05%Minimum Deposit to Open Account $10.00Minimum Balance to Obtain APY $0.01 to $1499.99

APY= Annual Percentage Yield

MONTHLY COMPOUNDING
Interest is paid monthly and is available on the first business day of each month. Certain assumptions apply. Please ask for details.
Fees could reduce the earnings of the account.
* Variable rate accounts – rates may change after the account is opened.

START EARNING OUR HIGHEST CHECKING INTEREST RATE.

Enjoy time- and money-saving premier checking benefits. Plus our highest checking interest rate with a balance of $1,500 or more. Open your account online in just minutes.

SWITCH TO MARBLEHEAD BANK TODAY.

We’ve been helping our neighbors succeed since 1871. Switch today and experience true local banking.

RESOURCES

SEE WHAT YOUR NEIGHBORS HAVE TO SAY

“This bank is the epitome of a small town local bank. They greet you by name and are very attentive to your needs.”

Charley C.

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