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Reserve Savings

Pair this account with your Marblehead Bank checking account to cover the occasional overdraft.

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Peace of mind in the bank.

Funds from this savings account automatically transfer to your checking account to cover occasional overdrafts, up to the balance on deposit in your Reserve Savings Account.

Features & Benefits:

  • No minimum balance
  • No monthly fee
  • Earns a variable rate of interest, compounded and credited monthly
  • Transfers funds to your checking account to cover occasional overdrafts, up to the balance on deposit in your Reserve Savings Account
  • $5.00 fee per transfer
  • $10 minimum to open

RESERVE SAVINGS CURRENT INTEREST RATES

  • APY*
    0.10%
  • Interest Rate
    0.10%
  • Minimum Deposit to Open Account
    $10.00
  • Minimum Balance to Obtain APY
    $0.01

APY is accurate as of 12.19.2025
All rates and terms subject to change without notice.

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.

YOU’VE GOT IT COVERED WITH RESERVE SAVINGS.

Cover the occasional checking account overdraft, earn interest, and pay no monthly fee.

Open at a Branch Explore Savings Options 

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RESOURCES

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