Yield is Accurate as of 2/22/12
(subject to change without notice; deposits accepted from residents of
Massachusetts, Rhode Island and Windham County Connecticut only)
Savings Accounts*
| Description | Minimum to Open & Earn APY |
Interest Rate |
Annual Percentage Rate (APY) |
| NOW Account | $10 | .10% | .10% |
| Regular Passbook | $50 | .15% | .15% |
Money Market Account*
| Balance to earn stated APY | Interest Rate | Annual Percentage Rate (APY) |
| Balance $50 – $9,999.99 | .15% | .15% |
| Balance $10,000 – 24,999.99 | .20% | .20% |
| Balance $25,000 – $49,999.99 | .25% | .25% |
| Balance $50,000 – $74,999.99 | .35% | .35% |
| Balance $75,000 – Plus | .40% | .40% |
Certificates of Deposit**
EZ Checking /EZ Checking Plus customers receive 20 basis points bonus with $10,000 on deposit at Milford Federal on deposit at Milford Federal. “Special Rate” CD’s excluded. Apply Now
| Balance to earn stated APY | Minimum to Open & Earn APY |
Interest Rate |
Annual Percentage Rate (APY) |
| 3 Month Certificate | $1,000 | .20% | .20% |
| 6 Month Certificate | $1,000 | .35% | .35% |
| 9 Month Certificate | $1,000 | .40% | .40% |
| 1 Year Certificate | $1,000 | .50% | .50% |
| 13 Month Certificate “Special” | $1,000 | .75% | .75% |
| 1-1/2 Year Certificate | $1,000 | .75% | .75% |
| 2 Year Certificate | $1,000 | .85% | .85% |
| 2 1/2 Year Certificate | $1,000 | .95% | .95% |
| 3 Year Certificate | $1,000 | 1.24% | 1.25% |
|
3 Year Certificate HOME BUYERS CD |
$500 | 1.24% | 1.25% |
| 3 Year Certificate EDUCATION CD | $500 | 1.24% | 1.25% |
| 4 Year Certificate | $1,000 | 1.44% | 1.45% |
| 5 Year Certificate | $1,000 | 1.74% | 1.75% |
| 1 1/2 Yr Floating IRA* | $25 | .35% | .35% |
*Rate may change after account is opened. Fees may reduce earning on account.
**Fees may reduce earning on account. Penalty for early withdrawal.
All CD types are available for IRA accounts.
For more information, or to speak with a customer service representative,
please call 508-634-2500 or 800-478-6990.