Savings & CDs

Watch your savings grow!

We make it easy to make your money grow, with a variety of savings plans tailored to your goals.

Savings Accounts

Having trouble saving? We make it easy with interest-earning accounts that don't require large balances.

  • Premium Statement Savings — Structured with five balance tiers and preferred rates, this account is only available as a companion to Merrimack Premium Checking. Earn interest on a daily balance of $100 or more and waive the $2 monthly service charge with a minimum average daily balance of just $100.
  • Regular Statement Savings — Earn interest on a daily balance of $100 or more and waive the $2 monthly service charge with a minimum average daily balance of just $100

Maximizer Money Market Account

For more aggressive savers. The Merrimack Maximizer Account offers five balance tiers, so you can earn progressively higher rates the more you save. Plus, this account comes with the option of limited check writing (three or fewer checks per statement period).

Choose Direct Deposit or Automatic Payment to fund your Maximizer Account on a regular basis for hassle-free savings. The monthly service charge of $6 is waived if you maintain a minimum average daily balance of $1000.

Youth Savings

For savers under 18 years of age. Earn interest on daily balances of $1.00 or more and pay no monthly service charge.

Certificates of Deposit

Better rates for the serious saver. If immediate access to your funds is not necessary, a CD can offer higher returns as well as stability, balance, and a "safe haven" for your investing. CD terms range from 3 months to 5 years and carry certain restrictions. Our popular 18-month variable rate "add-on" CD lets you add funds as many times as you wish during the term. Ask us for more details to find out how a CD from The Merrimack can fit into your savings plans.

Club Accounts

Want to save for a special occasion, but need a little "added discipline?" With a club account, you set your savings goal and then make 50 payments of $5, $10, $15, $20, $25, or $50. Choose from two club accounts:

  • Christmas Club - opens in October
  • Vacation Club - opens in April