Bank · FDIC insured
Milford Federal Savings Rates
Milford Federal’s best savings rate is 0.10% APY on $10,000, with its Money Market Checking Accounts. Rates checked October 15, 2026.
How Milford Federal’s savings rates compare
Compared with banks and credit unions near Worcester, MA, where Milford Federal has the most branches. $10,000, best rate first.
This bank’s best
Milford Federal
0.75%APY
- Requires
- Another account
- Minimum
- $0.01
- Earns on $10,000 a year
- $75
EZ Choice Savings
Top rate
Clinton Savings Bank
3.85%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $385
2nd-highest rate
Country Bank for Savings
3.60%APY
- Requires
- Another account
- Minimum
- $10
- Earns on $10,000 a year
- $360
Milford Federal savings score
70
Savings score
Higher than 27% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.75%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Milford Federal ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
EZ Choice Savings
0.75%APY
Must have an active EZ Interest Checking Account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Must have an active EZ Interest Checking Account. $2,500 minimum balance to waive $10 monthly fee. | 0.75% | $75 | Must have an active EZ Interest Checking Account. $2,500 minimum balance to waive $10 monthly fee. |
| $25,000 and upMust have an active EZ Interest Checking Account. $2,500 minimum balance to waive $10 monthly fee. | 1.50% | — | Must have an active EZ Interest Checking Account. $2,500 minimum balance to waive $10 monthly fee. |
Sources (3)
- milfordfederal.com/deposits
- milfordfederal.com/ez-choice-savings-products
- milfordfederal.com/schedule-of-fees
All captured Oct 5, 2026
Money Market Checking Accounts
0.10%APY
With earnings rates at higher money market levels, this account is ideal for individuals with higher balances desiring to maintain a high level of liquidity. Minimum to open $10.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Minimum to avoid monthly service charge $2,500.00. | 0.05% | — | Minimum to avoid monthly service charge $2,500.00. |
| $10,000 – $25,000 | 0.10% | $10 | |
| $25,000 – $50,000 | 0.10% | — | |
| $50,000 – $75,000 | 0.10% | — | |
| $75,000 and up | 0.10% | — |
Sources (1)
- milfordfederal.com/deposits · captured Oct 5, 2026
Passbook Savings
0.05%APY
Must have passbook to make a withdrawal at the branch.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upMust have passbook to make a withdrawal at the branch.$10 and up | 0.05% | $5 | Must have passbook to make a withdrawal at the branch. |
Sources (3)
- milfordfederal.com/deposits
- milfordfederal.com/ez-choice-savings-products
- milfordfederal.com/schedule-of-fees
All captured Oct 5, 2026
Statement Savings
0.05%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upMinimum balance to open is $1.00; minimum balance to obtain disclosed APY is $10.00.$10 and up | 0.05% | $5 | Minimum balance to open is $1.00; minimum balance to obtain disclosed APY is $10.00. |
Special-purpose accounts
Smart STARt Savings Account
0.05%APY
Available to children 12 years of age or younger.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upAccount is available to children 12 years of age or younger. $10 deposit required to open account and earn APY.$10 and up | 0.05% | $5 | Account is available to children 12 years of age or younger. $10 deposit required to open account and earn APY. |
Sources (1)
- milfordfederal.com/smart-start-savings · captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.