Credit union · NCUA insured
Somerville's Credit Union Savings Rates
Somerville's Credit Union’s best savings rate is 0.15% APY on $10,000, with its Money Market Accounts. Rates checked October 15, 2026.
How Somerville's Credit Union’s savings rates compare
Compared with banks and credit unions near Boston, MA-NH, where Somerville's Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Somerville's Credit Union
0.15%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $15
Money Market Accounts
Top rate
Leader Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $10
- Earns on $10,000 a year
- $500
2nd-highest rate
Albright Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $500
Somerville's Credit Union savings score
66
Savings score
Higher than 16% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.15%
- QualifiedQualified0.15%
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 Somerville's Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Accounts
0.15%APY
Compounded Quarterly
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,500 – $10,000 | 0.15% | $15 |
| $10,001 – $25,000 | 0.15% | — |
| $25,001 – $50,000 | 0.15% | — |
| $50,000 and up | 0.15% | — |
Regular Shares
0.05%APY
Compounded quarterly. Minimum $25 in savings to open account/join credit union.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceCompounded Quarterly.Any balance | 0.05% | $5 | Compounded Quarterly. |
Sources (4)
All captured Sep 18, 2026
Special-purpose accounts
IRA/Coverdell
0.75%APY
Compounded quarterly. Covers Traditional IRA, Roth IRA, and Coverdell Education Savings accounts.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceCompounded quarterly.Any balance | 0.75% | $75 | Compounded quarterly. |
Sources (3)
All captured Oct 15, 2026
Super Saver Club
0.06%APY on $10,000
Tiered rates based on balance. Earn extra dividends on the first $2,500 with one penalty-free withdrawal a year. Compounded quarterly. General membership requires minimum $25 in savings.
| Part of the balance | Rate on that part |
|---|---|
| Up to $2,500 | 0.25% |
On $10,000 the tiers blend to about 0.06% APY, earning $6 a year.
Special Purpose
0.05%APY
Compounded quarterly. Open multiple accounts for different goals like holidays or vacation.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceCompounded quarterly.Any balance | 0.05% | $5 | Compounded quarterly. |
Who can join Somerville's Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Cambridge Elder Services, or individuals related to past or present employees of Cambridge Elder Services, are eligible to join.
- Members of the Somerville Garden Club are eligible to join.
- Employees of UNITE HERE NEJB, or individuals related to past or present employees of UNITE HERE NEJB, are eligible to join.
Military, government and schools
- Employees of The City of Somerville, as well as individuals related to past or present employees of The City of Somerville, are eligible to join.
- Employees of Somerville Housing Authority, or individuals related to past or present employees of Somerville Housing Authority, are eligible to join.
Family and household
- Immediate family members of eligible members are eligible to join.
Cost to join
- A minimum deposit of $25 in savings is required to open an account.
Membership information collected October 5, 2026.