Weymouth Bank Rates & Review

  • CD Rates
    Updated: 2012-05-16
  • Regular CD - South Shore Massachusetts market area.
  • Term
  • APY
  • Min. To Earn APY
  • Compounding Method
  •  
    • 1 year
    • 0.30%
    • $5,000
    • Compounding Daily
    •  

Weymouth Bank review

Weymouth Bank provides personal banking, business banking, lending services and investment services in East Weymouth, South Weymouth and Kingston, Massachusetts.

Personal banking

Weymouth Bank offers a variety of personal savings and checking account choices such as the Basic No Frills Checking account. This checking account requires no minimum balance and offers free online banking and bill payment, 24-hour telephone banking, unlimited check writing and basic line checks for the life of the account at no monthly maintenance fee for customers who meet certain requirements. Weymouth also offers CD, IRA, and money market accounts and personal banking services such as the Debit MasterCard Program and the Medallion STAMP Program. Customers can choose between options like automatic transfers, money orders, savings bonds purchase and redemption, treasurer's checks and notary public service at no extra cost.

Business banking

Business customers can choose between a variety of bank savings account and checking account options. The Business Gold Checking Account is for business customers who maintain a minimum balance in all deposit and loan accounts. Customers who meet requirements receive higher interest rates on certain certificates of deposit, no account activity charges and free foreign ATM transactions up to a certain limit.

Lending and investment services

Customers looking for lending and investment services will find these financial products at Weymouth Bank. The bank provides auto and truck loans, carbon reduction loans, home equity lines of credit, home equity loans, business lines of credit, and commercial, industrial, residential and SBA loans. Investment products include mutual funds, annuities, life insurance and college savings plans.

FDIC insurance

Deposits at Weymouth Bank are FDIC-insured to a maximum of $250,000 per depositor.


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