UMassFive Term Deposits are a safe, effective way to save for any occasion. A Term Deposit allows you to lock in a higher interest rate for a specific period of time.
With minimum balances starting at just $500, you can begin earning a higher rate sooner. We have terms available ranging from 90 days up to five years for those who want to optimize dividends.
Our 24 and 60 month Bump-Up Term Deposits offer confidence that your savings will be earning its maximum potential—even in a changing rate environment—with the flexibility to adjust your rate up (or "bump up") one time during your term.^
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 savings account on either a quarterly basis, or at the certificate's maturity.
Term Deposits are one of the products you can get even more out of with Co-op Points!
| Duration | Dividend Rate | Dividend Rate with 2,500 Co-op Points | Annual Percentage Yield (APY) | APY with 2,500 Co-op Points |
|---|---|---|---|---|
| 90 Days | 1.00% | 1.25% | 1.00% | 1.25 % |
| 6 Month | 3.20% | 3.45% | 3.24% | 3.50% |
| 9 Month | 3.30% | 3.55% | 3.35% | 3.60% |
| 12 Month | 3.15% | 3.40% | 3.19% | 3.45% |
| 15 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 18 Month | 3.25% | 3.50% | 3.29% | 3.55% |
| 22 Month | 3.25% | 3.50% | 3.29% | 3.55 % |
| 24 Month "Bump-up"^ | 3.10% | 3.35% | 3.14% | 3.40% |
| 24 Month | 3.35% | 3.60% | 3.40% | 3.66% |
| 29 Month | 3.40% | 3.65% | 3.45% | 3.71% |
| 36 Month | 3.40% | 3.65% | 3.45% | 3.71% |
| 48 Month | 3.45% | 3.70% | 3.50% | 3.76% |
| 60 Month "Bump-up"^ | 3.25% | 3.50% | 3.29% | 3.55% |
| 60 Month | 3.50% | 3.75% | 3.55% | 3.81% |
| Rates subject to change at any time. Rates effective as of April 6, 2026. |
*There is a $500 minimum balance required to open any Term Deposit.
^ The rate for Bump-up Rate Term Deposits may be adjusted to the posted rate that is currently in effect, should the market rates rise to be more favorable. This bump-up adjustment can only be made once during your term, with a maximum increase up to 2.00% above your initial rate.
For disclosures and additional details, please visit here.