View the current rate and annual percentage yield (APY) for our interest-earning checking account option.

Ultimate Checking Account**

Effective Date: Wednesday, June 26, 2019

** The interest rate and annual percentage yields may change after account opening. Fees may reduce earnings. Minimum balance of $5,000 required to open account and minimum balance of $5,000 required to obtain stated APY. Monthly minimum daily balance of $5,000 and monthly payroll or benefit direct deposit into the account are required to avoid $25 monthly service fee and receive the unlimited ATM surcharge rebates.

Money Market (MMDA)**#^

Effective Date: Wednesday, June 26, 2019

Money Market (MMDA)**#^

APYInterest RateMinimum To OpenMinimum Daily Balance to Earn APY
0.10%0.10%$2,500($10 up to but not exceeding $2,499.99)
0.20%0.20%$2,500($2,500 and above but not exceeding $24,999.99)
0.25%0.25%$2,500($25,000 and above but not exceeding $99,999.99)
0.50%0.50%$2,500($100,000 and above)

** The interest rate and annual percentage yields may change after account opening. Fees may reduce earnings.

#There is a $2,500 minimum to open an MMDA Account. If the balance after opening drops below $2,500, see above for appropriate rates.

^Transaction Limits: Per Federal Regulations, the depositor is permitted to make no more than six transfers and/or withdrawals, per statement cycle, from this account to another account at Beverly Bank or to a third party by means of a preauthorized or automatic transfer, or telephonic agreement, order or instruction, or by check, draft, debit card, or similar order made by the depositor and payable to third parties, including online banking or bill payment services. A preauthorized transfer includes any arrangement by the Bank to pay a third party from your account upon your written or oral instruction (including an order received through an automated clearing house (ACH)) or any arrangement by the Bank to pay a third party from your account at a predetermined time or on a fixed schedule.  You may make an unlimited number of withdrawals or transfers from this account so long as they are made by mail, ATM, or in person at one of our branch locations.  Additionally, if you exceed your six (6) transaction limit on a regular basis, we may close your account, or change this type of account to a different deposit account you are eligible to maintain.  An excessive transaction fee of $10/transaction will apply.