Logon to:
Select An Account Personal Business
Log In to Business Online Banking
Log In to Business Online Banking

Online Banking

Phone: 978-283-0246

Gloucester Massachusettes SailboatStatement Savings Account

A deposit of only $10 is required to open a Statement Savings Account. You need only to maintain a minimum daily balance of $10 to earn interest on the account. You may make up to six transfers from this account per month. You may also use this account for a sweep account to cover your checking account balance. You will receive a monthly statement by mail or electronically if desired.

  • No monthly fees
  • No withdrawal or deposit fees
  • Direct deposit available
  • eStatements available through Online Banking
Statement Savings Account Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
Statement Savings Account 0.25% 0.25% $10.00
This account is a variable rate account. The interest rate may change after the account is opened. You are limited to six third parties, automatic, telephone or computer transfers, per month.

Savings Estimator


Rates are applicable as of 4/20/2018.


NEW Feature - Online Banking Enhancement Pending Transactions

  • Customer's Account information will now include debit/credit card transactions that are pending on their account.
  • As depicted in the image below you will now see a pending transaction (see example below), the pending amount and a zero balance.
  • The zero balance to the right of the pending transaction will be updated once the transaction is posted, this does not mean that your balance is zero.
  • Customers can find their current balance and available balance under Account Information near the top of the page (see example below).
  • The Available balance reflects the Current balance minus the displayed pending transactions.
  • If you do not see a transaction pending that you expect, it most likely means that the transaction has not been initiated yet against the account.


        Pending Transactions