Scroll down to view rates on our deposit and loan products. We offer a competitive return on our savings and CDs, and we’re committed to maintaining affordable loan rates for both our personal and business clients.
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Meet Your Team| Product | Minimum Balance to Open | Minimum Balance to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement Savings | $10 | $10 | 0.10% |
| Personal Money Market | $2,500 | $10 - $2,499 | 0.05% |
| $2,500 - $9,999 | 0.05% | ||
| $10,000 - $24,999 | 0.10% | ||
| $25,000 - $49,999 | 0.10% | ||
| $50,000 - $99,999 | 0.25% | ||
| $100,000 or more | 0.35% | ||
| Passbook Savings | $10 | $10 | 0.10% |
| Holiday Club | $5 | $10 | 0.10% |
| Interest is compounded monthly. Fees may reduce earnings. Rates are variable and subject to change after account opening. | |||
| Product | Minimum Balance to Open and Earn APY | Annual Percentage Yield (APY) |
|---|---|---|
| 91 Day CD | $2,500 | 0.20% |
| 6 Month CD | $2,500 | 0.25% |
| 1 Year CD | $1,000 | 1.00% |
| 2 Year CD | $1,000 | 1.50% |
| 3 Year CD | $1,000 | 1.75% |
| For CD terms of one year or more, interest is compounded daily. For terms of less than one year, interest is compounded monthly. A penalty may be imposed for early withdrawal. | ||
| Product | Minimum Balance to Open and Earn APY | Annual Percentage Yield (APY) |
|---|---|---|
| 1 Year IRA CD | $500 | 3.04% |
| 2 Year IRA CD | $500 | 0.75% |
| 3 Year IRA CD | $500 | 0.75% |
| For CD terms of one year or more, interest is compounded daily. For terms of less than one year, interest is compounded monthly. A penalty may be imposed for early withdrawal. Due to IRS regulations and minimum balance requirements, certain IRA products may only accept funds through rollovers or transfers. | ||
| Product | Minimum Balance to Open | Minimum Balance to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| Free Checking with Interest | $10 | $1,000 - $1,999 | 0.05% |
| $2,000 or more | 0.05% | ||
| Interest is compounded monthly. Fees may reduce earnings. Rates are variable and subject to change after account opening. | |||
| Product | Total Term | Annual Percentage Rate (APR) with Autopay Discount | APR without Autopay Discount | Monthly Payment Per $1,000 | Application Link |
|---|---|---|---|---|---|
| Home Equity Line of Credit (HELOC) | 20 Years | 6.25%1,2 | 6.75% | N/A | Apply Online |
| Home Equity Loan1,3 | 5 Years | N/A | 6.875% | $19.74 | Apply Online |
| 10 Years | N/A | 7.625% | $11.94 | Apply Online | |
| 15 Years | N/A | 8.125% | $9.63 | Apply Online | |
| 20 Years | N/A | 8.375% | $8.60 | Apply Online | |
| 1 - All loans subject to credit approval. Rates and terms subject to change without notice. Property insurance required. Flood insurance may be required. Consult tax advisor regarding deductibility of interest. Other rates, terms and programs available. For lines of credit, Annual Percentage Rate (APR) is variable monthly based on the Prime Rate published in the Wall Street Journal on the 4th day of each calendar month (or, if the 4th day is not a business day, as published on the prior business day), effective the 5th day of the month. Prime Rate as of 12/11/25 is 6.75%. If more than one Prime Rate is published, the higher rate shall be used. For lines of credit, establishing automatic monthly payment deduction from a Bank of Canton consumer checking or savings account ("autopay") at time of loan origination is required to receive 0.50% APR discount. If the account is closed or if autopay ceases, the APR could increase. 2 - For home equity lines of credit, APR will be as low as Prime minus 0.50% (but never lower than 4.50%) with autopay, and Prime without autopay. Maximum APR is 18%. 1-4 family owner-occupied or second homes in MA are eligible. Properties held in trust will require additional recording fees and legal review, at borrower’s expense. Maximum loan-to-value is 75%. Maximum line amount is $300,000. For condos, multi-unit properties, and loans over $250,000, borrower to pay an appraisal fee between $450 and $1,500 depending on property's complexity. 3 - For home equity loans, APR is fixed. 1-4 family owner-occupied or second homes in MA are eligible. Properties held in trust will require additional recording fees and legal review, at borrower’s expense. Maximum loan-to-value is 75%. Maximum loan amount is $300,000. For condos, multi-unit properties, and loans over $250,000, borrower to pay an appraisal fee between $450 and $1,500 depending on property's complexity. Payments reflected above do not include amounts for tax and insurance premiums, if applicable, and the actual payment may be greater. |
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| Product | Rate | Application Link |
|---|---|---|
| Home mortgage loans (including conforming, jumbo, MassHousing, FHA, and HomeReady/Home Possible loans) | Mortgage rates are updated continuously throughout the day. To ensure you receive an accurate quote that's tailored to your specific needs and circumstances, we invite you to contact one of our mortgage lenders directly or request a custom quote. Or, if you're ready, you can apply online. All loans subject to credit and underwriting approval. | Apply Online |
| Product | Term | Annual Percentage Rate (APR) | Monthly Payment Per $1,000 |
|---|---|---|---|
| Personal Loans | 24 Months | 18.00% | $49.92 |
| Auto - New | 12 Months | 12.50% | $89.08 |
| 24 Months | 12.50% | $47.31 | |
| 36 Months | 12.50% | $33.45 | |
| 48 Months | 12.50% | $26.58 | |
| 60 Months | 12.50% | $22.50 | |
| Auto - Used | 48 Months | 12.50% | $26.58 |
| Overdraft Protection (Advance Account) | Revolving | 16.00% | N/A |
| Savers Loans | Revolving | 2.50% plus collateral rate | N/A |
| All loans subject to credit approval. Rates and terms subject to change without notice. Installment loans are restricted to MA residents. Personal Loans may be used for any purpose except postsecondary education expenses. Savers Loan rates are variable and may increase after consummation. | |||
| Product | Minimum Balance to Open | Minimum Balance to Earn APY | Annual Percentage Yield (APY) |
|---|---|---|---|
| Business Savings | $10 | $10 | 0.10% |
| Business Money Market | $2,500 | $2,500 - $9,999 | 0.05% |
| $10,000 - $24,999 | 0.10% | ||
| $25,000 - $49,999 | 0.10% | ||
| $50,000 - $99,999 | 0.15% | ||
| $100,000 or more | 0.20% | ||
| Interest is compounded monthly. Fees may reduce earnings. Rates are variable and subject to change after account opening. | |||
| Product | Rate |
|---|---|
| Business & Commercial Loans | We customize rates and terms to suit our clients' needs. Have a conversation with our Senior Lender Michael Lindberg about your business goals, and learn about the range of credit options available at Bank of Canton. |