Business Savings
Free online BillPay, mobile check deposits, and e-statements available with all New Valley savings accounts; your bank for small businesses in Massachusetts.
Business Savings Accounts
Business APEX Money Market
$10 - $99,999.99
Interest Rate
2.47%
APY2
2.50%
Minimum Balance to Earn APY
$10
Monthly Maintenance Charge
$0
$100,000 - $499,999.99
Interest Rate
2.71%
APY2
2.75%
Minimum Balance to Earn APY<
$100,000
Monthly Maintenance Charge
$0
$500,000 + above
Interest Rate
3.20%
APY2
3.25%
Minimum Balance to Earn APY
$500,000
Monthly Maintenance Charge
$0
Disclosures
2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. This is a tiered account. Stated APY for each tier will apply to the entire balance in your account. Tier levels and APYs are subject to change without notice. Interest is compounded daily and credited monthly. Customer must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. Business checking account is required. E-statements required to avoid a $3.00 paper statement fee. See Business Schedule of Fees for product and service fee information.
Commercial Money Market
$10 - $99,999.99
Interest Rate
0.01%
APY2
0.01%
Minimum Balance to Earn APY
$10
Monthly Maintenance Charge4
$20
$100,000 - $499,999.99
Interest Rate
0.20%
APY2
0.20%
Minimum Balance to Earn APY
$100,000
Monthly Maintenance Charge
$0
$500,000 + above
Interest Rate
0.35%
APY2
0.35%
Minimum Balance to Earn APY
$500,000
Monthly Maintenance Charge
$0
Disclosures
2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. This is a tiered account. Stated APY for each tier will apply to the entire balance in your account. Tier levels and APYs are subject to change without notice. Interest is compounded daily and credited monthly. Customer must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.
4 Monthly maintenance charge easily waived with $10,000 daily balance minimum.
Business Savings
Interest Rate
0.01%
APY2
0.01%
Minimum Balance to Earn APY
$10
Monthly Maintenance Charge4
$5
Disclosures
2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. Rates may change without notice and may change after the account is opened. Interest is compounded daily and credited monthly. You must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.
4 Monthly maintenance charge easily waived with $500 daily balance minimum.
Municipal Money Market
Interest Rate
2.71%
APY2
2.75%
Minimum Balance to Earn APY
$10
Monthly Maintenance Charge4
$20
Disclosures
2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. Rates may change without notice and may change after the account is opened. Interest is compounded daily and credited monthly. You must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.
4 Monthly maintenance charge easily waived with $10,000 daily balance minimum.
Not for Profit Savings
Interest Rate
2.47%
APY2
2.50%
Minimum Balance to Earn APY
$10
Monthly Maintenance Charge4
$5
Disclosures
2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. Rates may change without notice and may change after the account is opened. Interest is compounded daily and credited monthly. You must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.
4 Monthly maintenance charge easily waived with $500 daily balance minimum.
Digital Banking
Go mobile with New Valley Bank. Our app and digital banking tools are easy-to-use and give you 24/7 access, but when it’s time to talk to a person, we’re a text or phone call away.
We’re here to help you access all of your online banking needs 24/7 right from the palm of your hand. Our mobile banking app allows you to deposit checks, transfer funds, and make simple transactions from the comfort of your house, office, or anywhere you happen to be. With mobile banking, managing your finances with a personal bank account is more convenient than ever before.
Business Accounts
Our accounts have competitive rates and terms placing us among the best banks for small business in Massachusetts—and our high-touch customer service makes banking one less thing to worry about.