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
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