Rockland Federal Credit Union offers attractive interest rates for their high yield savings account. They actually call it High Yield Reward Savings because they require some qualifications for you to enjoy the best interest rates:

• maintain a daily average balance of at least $5 on your savings account
• opt for electronic bank statements
• Be an active checking account holder of the credit union

This high interest savings account requires you to be an active checking account holder which means requiring you to meet one of the below conditions 45 days before the dividend period:

• have a recurring deposit of at least $100 into your checking account
• pay at least 3 bills online
• complete at least 3 purchases using the debit card.

The current interest rates are as high as 1.60% APY for low tier deposits ranging from $5,000 to $14,999, 1.60% APY for mid tier deposits of $15,000 to $100K, and 0.10% APY for deposits above $100,000.

Interested members can accomplish an online application form to open this high earning savings account.

Rockland FCU is open for individuals who work or live in the counties of Suffolk, Plymouth, Norfolk, Middlesex, Bristol, or Barnstable in Massachusetts. You can also get in through eligible family members. The credit union requires a minimum deposit of $5 into a share savings account. You can accomplish a membership application through their website. If you have questions with regard to membership or account opening, you may contact them through 1800-562-7328.

The credit union operates branches in Rockland, Marshfield, Hanover, Mansfield, North Attleboro, and Plymouth in the state of Massachusetts.

Rockland Federal Credit Union is indexed with the NCUA.