… and at Canton Co-operative Bank your money insured 100% in full without limit by the FDIC & DIF
The Premium Money Market Account is perfect for “cash reserves” – money you just don’t want in the stock market. It’s also perfect for personal or business funds you want safely parked while you figure out your next step.
Unlike a Certificate of Deposit (CD), you are not locked in for a specific term with the Premium Money Market Account. And today’s money market accounts offer unlimited withdrawals and transfers, making it easy to manage your savings.
People love the Premium Money Market Account. It’s easy to see why!
Higher balances earn tiered higher rates. You have access to Online Banking and Mobile Banking. There are no minimum or maintenance fees. (It’s just $10 to open the account.)
Deposits can be made in person here at the Bank and via mobile deposit or direct deposit. Withdrawals can be made in a number of ways including in person, by automatic withdrawal, by online transfer to a Canton Co-operative Bank checking or savings account or at our 24/7 ATM.
A Premium Money Market Account can even be linked to your main Canton Co-operative checking account to use as a convenient back-up account.
A lot of people really like the idea of having a high-yield savings account at a trusted local brick & mortar bank with easy access - where they know their money is 100% insured in full without limit by the FDIC and DIF. That’s what you get at Canton Co-operative.
Premium Money Market Account high-yield tiers and rates as of October 6, 2026:
- Balances $.01 to $9,999.99 earn 1.98% with an APY of 2.00%
- Balances $10,000 to $99,999.99 earn 2.32% with an APY of 2.35%
- Balances $100,000 to $299,999.99 earn 3.00% with an APY of 3.05%
- Balances $300,000 to $999,999.99 earn 3.20% with an APY of 3.25%
- Balances $1,000,000 and over earn 1.00% with an APY of 1.01%
FYI - Personal Premium Money Market Accounts can be opened online 24/7 or in person.
To open a Business Premium Money Market Account, call 781-828-8811 x5 or stop by the Bank during business hours.
Account details and current rates & APYs are available 24/7 on our web site. Questions? Come see us or call 781-828-8811x5.
Some additional information: Premium Money Market Account is eligible for a Visa® debit card.