Bank of Fall River is a full service bank that was chartered in 1888.  Bank of Fall River has four full service bank branch locations in Fall River, N. Dighton/Taunton and Fairhaven.  Bank of Fall River has assets of more than $150 million.

In order to meet different savings needs, Bank of Fall River also offers a number of savings accounts that can be used for a variety of purposes such as retirement or a child’s college education.  Other popular savings accounts such as Christmas Club accounts and money market accounts are also available.  All of the bank savings accounts offer competitive interest rates.

The bank’s Wall Street Checking Account ($2,500 minimum) earns a rate of 1.26% APY.  If the account balance falls below $2,500, the funds still earn competitive interest.  The interest rate for balances under $2,500 is .50% APY.  There is a monthly fee of just $8.00 if your minimum balance falls below $1,000.  There is no per check charge.  The account has unlimited check writing.  Debit card is also available for the account.

Bank of Fall River also offers a money market savings and checking account with a $1,000 minimum that earns a rate of .01% APY.  This money market account earns a competitive rate of interest without restricting the money to the terms of a certificate deposit.  Higher balances earn higher interest rates.  A minimum opening balance of $1,000 is required.  Account owners receive a statement each month with posted transactions.  There is no monthly service fee with a minimum balance of $250.

If you are looking to invest your money for a term ranging from 3 months to 5 years, Bank of Fall River offers some of the most competitive interest rates in the area.  An initial deposit of $500 is all that is required to open one of the bank certificates of deposit. Additional deposits can be made at the time of maturity.  Withdrawals of principal can be made at any time during the life of the C.D., however, a penalty will be incurred if the withdrawal is not made at maturity.  Withdrawals of CD interest may be made at any time with no penalty.

Standard CD rates and terms:

3 month CD rate is 1.51% APY
8 month CD earns a rate of 1.76% APY
One year CD yields a rate of 2.02% APY
2 year CD has an interest rate of 2.53% APY
3 year CD rate is 3.04% APY
4 year CD has a rate of 3.30% APY
5 year CD rate is 3.82% APY
18-month variable rate I.R.A. CD rate is 3.56% APY

Special promotions CDs:

5 month CD rate is 1.76% APY
6 month CD earns a rate of 1.77% APY
9 month CD has an interest rate of 2.02% APY
13 month CD /I.R.A. rate is 2.02% APY
30 month CD rate is 2.68% APY

The 13 Month certificate/I.R.A. requires a minimum deposit of $1,000; all other bank certificates of deposit require a minimum deposit of $500.  A penalty may be applied for early withdrawal.  All bank CD rates are subject to change without notice.  For recent CD rates and account details call Bank of Fall River directly at 508-678-7655.  The bank website also maintains up to date bank rates and CD rates, the web address is

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