1. Personal Checking
  2. Money Market
  3. Savings/CDs
  4. Lending
  5. Services
Personal Services: Savings

Personal Savings and CDs

At First Commons Bank, we offer a variety of products to support your personal savings goals. Select from the savings accounts, and CD options listed below. For assistance or to learn more, contact our branch team today at 617-243-4400. For your convenience, you may also open or change an account online 24/7 with our Online Concierge. See the links below.

Type of Account What's In It For You Account Requirements

Plus Savings

For those looking for competitive interest with easy access

Open Account

  • One interest rate regardless of balance
  • Can be used as savings overdraft protection for a low transaction fee
  • No monthly maintenance fee

Premier Savings

A companion account for our Premier Checking clients

Open Account

  • One interest rate regardless of balance
  • Can be used as savings overdraft protection for a lower transaction fee
  • No monthly maintenance fee with combined relationship balance of $10,000 or greater; $10/month otherwise

CDs

See today’s rates

Open Account

  • Competitive terms and rates
 

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE 
FOR TRANSACTION ACCOUNTS

All funds in “noninterest-bearing transaction accounts” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction accounts” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

Online Concierge