Skip to main content

UMass Amherst Branch Closed May 20, 2022. Please note our UMass Amherst campus branch will be closed for the remainder of the week. Members are welcome to visit our Hadley Branch for any of your banking needs, and are encouraged to schedule an appointment in advance. As always, our online and mobile banking services remain available for your convenience, which includes the ability to deposit checks using our mobile banking app.

Term Deposit Savings


We've got your best interest in mind.

UMassFive Term Deposits are a safe, effective way to save for any occasion. Term Deposit allow you to lock in a higher interest rate for a specific period of time.

Hero Image Full

Terms up to five years

We have terms available ranging from 90 days up to five years for those who want to optimize dividends.

Low initial deposit

With minimum balances starting at just $500, you can begin earning a higher rate sooner.

Choose your dividend payment method

You have the option to roll the interest you've earned back into the certificate.

Or, if you prefer, you may request that all dividends be transferred into any basic savings account on either a quarterly basis, or at the certificate's maturity.

Did You Know?

Term Deposits are one of the products you can get even more out of with Co-op Points! 

 Learn More


Term Deposit Savings Rates

Duration Dividend Rate Annual Percentage Yield
90 Days 0.03% 0.03%
6 Month 0.10% 0.10%
9 Month 0.15% 0.15%
12 Month 0.20% 0.20%
15 Month 0.20% 0.20%
18 Month 0.25% 0.25%
22 Month 0.25% 0.25%
24 Month 0.30% 0.30%
29 Month 0.35% 0.35%
36 Month 0.40% 0.40%
48 Month 0.50% 0.50%
60 Month 0.60% 0.60%

*There is a $500 minimum balance required to open any Term Deposit.


For disclosures and additional details, please visit here.

Financial Knowledge: