Main Street Bank (MA)

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

bankmainstreet.com

508-460-4100

81 Granger Boulevard
Marlborough, MA 01752

Main Street Bank (MA) is headquartered in MARLBOROUGH and is the 34^th largest bank in the state of Massachusetts. It is also the 694^th largest bank in the nation. It was established in 1860 and as of March of 2025, it had grown to 142 employees at 6 locations. Main Street Bank (MA)'s money market rates are 4X the national average, and it has a B+ health rating.

Reviews (1)

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A Bank With The Slowest Zelle, Rediculous Limits And Just Bad The Business Accounts.

Posted by: Theend | Jun 6, 2022

I started a business account with main street. The biggest issue is the horrible limitations imposed by this back. A business and you can only deposit 5k a week? Or month? I forgot which one it was but it's insane. My last business account was 40k a WEEK! so they force you to go into the bank to deposit checks... Not all of us have the liberty of extra time in our hectic bussiness schedules. Also, they give you a business stamp for checks, but when I tried to deposit it on mobile, 2 days later it was canceled with an email saying I needed to endorse the bank of the check.. Which was endorsed by the big stamp they gave me! There bank is still in the stone age sadly. Not a good bank for business or loans. I tried to apply for a vehicle loan and was denied! I have a personal and business account with them! Personal account since I was 18! So 20 years with them plus started a business account, 80k salary credit score of 702 and no loan because of a single collections to Verizon wireless who incorrectly changed me for a phone that was returned in the first 14 days. I'm currently in the process of having the mistake cleared and even with the proof in hand of the return and talking to mainstreet in person about it, DENIED! Rate was 5.99%.... I went to DCU who also brought up the Verizon issues, but i explained and she faxed the proof along with a phone call to the underwriter and was approved instantly and given 1.99% at 60 months! They actual work surg there customers and go above and beyond, and I'm brand new at their bank! So I now have an account there and will be closing both my mainstreet accounts indefinitely. 20 years and they can't over ride the denile even with proof of the mistake in hand. They told me sorry, nothing they can do and to come back after it's removed....what a joke of a bank. Very sad indeed. Also the atm limits are also a big joke at 800 max out per day!? Dcu is $1800! Do disappointed in myself for being with this bank for so long. A true waste of time.

Comment

Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	90235
Year Established	1860
Employees	142
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.71%
Return on Equity - YTD	7.41%
Annual Interest Income	$20.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$1.63B$1.66B
Loans	Q1 2025vs Q1 2024	$1.33B$1.33B
Deposits	Q1 2025vs Q1 2024	$1.37B$1.38B
Equity Capital	Q1 2025vs Q1 2024	$157.2MM$145.4MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$11.7MM$13.8MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$11.2MM$7.5MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Main Street Bank (MA); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Main Street Bank (MA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.80%^*	$250k^*	-	Regular Savings Account
OTHER TIERS: 0.10% → $0 - $25k \| 0.20% → $25k - $50k \| 0.40% → $50k - $100k \| 0.60% → $100k - $250k
0.80%^*	$250k^*	-	Business Savings Account
OTHER TIERS: 0.10% → $0 - $25k \| 0.20% → $25k - $50k \| 0.40% → $50k - $100k \| 0.60% → $100k - $250k
0.05%	$0	-	Holiday Savings Account

Main Street Bank (MA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.90%^*	$1m^*	-	Money Market
OTHER TIERS: 0.15% → $0 - $25k \| 0.25% → $25k - $50k \| 0.45% → $50k - $100k \| 0.80% → $100k - $250k \| 1.15% → $250k - $500k \| 1.50% → $500k - $1m
1.90%^*	$1m^*	-	Business Money Market
OTHER TIERS: 0.15% → $0 - $25k \| 0.25% → $25k - $50k \| 0.45% → $50k - $100k \| 0.80% → $100k - $250k \| 1.15% → $250k - $500k \| 1.50% → $500k - $1m
1.90%^*	$1m^*	-	Money Market IRA
OTHER TIERS: 0.15% → $0 - $25k \| 0.25% → $25k - $50k \| 0.45% → $50k - $100k \| 0.80% → $100k - $250k \| 1.15% → $250k - $500k \| 1.50% → $500k - $1m

Main Street Bank (MA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.51%	$10	-	IOLTA
0.75%^*	$250k^*	-	Business Interest Checking
OTHER TIERS: 0.10% → $0 - $50k \| 0.25% → $50k - $100k \| 0.50% → $100k - $250k
0.10%	$0	-	Interest Checking

Main Street Bank (MA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$0	$2m	9 Month CD Special
4.00%	$0	$2m	Business 9 Month CD Special
3.00%	$0	-	12 Month CD
3.00%	$0	-	18 Month CD
3.00%	$0	-	Business 12 Month CD
3.00%	$0	-	Business 18 Month CD
2.75%	$0	-	24 Month CD
2.75%	$0	-	Business 24 Month CD
2.50%	$0	-	6 Month CD
2.50%	$0	-	36 Month CD
2.50%	$0	-	48 Month CD
2.50%	$0	-	Business 6 Month CD
2.50%	$0	-	Business 36 Month CD
2.50%	$0	-	Business 48 Month CD
0.60%	$0	-	60 Month CD
0.60%	$0	-	Business 60 Month CD
0.15%	$0	-	3 Month CD
0.15%	$0	-	Business 3 Month CD

Main Street Bank (MA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$0	$2m	9 Month IRA Special
3.00%	$0	-	12 Month IRA
3.00%	$0	-	18 Month IRA
2.75%	$0	-	24 Month IRA
2.50%	$0	-	36 Month IRA
2.50%	$0	-	48 Month IRA
2.50%	$0	-	6 Month IRA
0.60%	$0	-	60 Month IRA
0.15%	$0	-	3 Month IRA

Locations

Cities: Ayer, Hudson, Littleton, Lunenburg, Marlborough, Northborough, Pepperell, Southborough, Sudbury

Ayer Branches
North Middlesex Svgs Br	7 Main Street	Ayer, MA 01432

Hudson Branches
Hudson Branch	186 Main Street	Hudson, MA 01749

Littleton Branches
Littleton Branch	220 Great Road	Littleton, MA 01460

Lunenburg Branches
Lunenburg Branch	947 Massachusetts Avenue Branch	Lunenburg, MA 01462

Marlborough Branches
Boston Post Road Branch	71 Boston Post Road	Marlborough, MA 01752
Main Street Bank	81 Granger Blvd	Marlborough, MA 01752

Northborough Branches
Northborough Branch	101 West Main Street	Northborough, MA 01532

Pepperell Branches
Pepperell Branch	80 Main Street	Pepperell, MA 01463

Southborough Branches
Southborough Branch	6 East Main Street	Southborough, MA 01772

Sudbury Branches
Sudbury Branch	439 Boston Post Road	Sudbury, MA 01776

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