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Savings Accounts

Planning for retirement? Saving for college? Starting your nest egg? Turn to Pilgrim Bank for the great rates and flexible terms you need to get started.

Statement Savings
We make savings easy with a Statement Savings Account. Use your Pilgrim Bank ATM or debit card to access your account from ATMs around the country. Open a checking account and track all your checking and savings activity in one consolidated statement.

Passbook Savings
If you prefer a permanent record of your transactions, you should choose our traditional Passbook Savings Account.

Christmas Club
Do the Holidays strain your budget? A Christmas Club is the perfect savings account to save up for the holiday season.

Money Market Accounts
With a Pilgrim Bank Money Market Account you will enjoy a high return with easy access to your money. We've designed the account with several balance tiers to meet your needs.

Certificates of Deposit
Looking for a higher rate of return? A Certificate of Deposit offers a guaranteed rate for a set period of time – choose from a few months to a few years.

Individual Retirement Accounts
It’s never too early to start thinking about retirement. Our Individual Retirement Accounts offer a guaranteed return without the market risk. We also can tailor an IRA to fit your specific investment needs.

Deposit Insurance
At Pilgrim Bank your deposits are insured in full. The Federal Deposit Insurance Corporation (FDIC) insures your Savings, NOW Checking, Money Market Deposit accounts, IRA's, and Certificates of Deposit up to $250,000 until December 31, 2009, when it will revert to $100,000.  ("Self-Directed" IRA's will continue to be covered up to $250,000.) The Share Insurance Fund of Massachusetts (SIF) insures deposits above that level. There are no maximum account limitations or amount limitations.

Discover the Difference!
For more information about our products and services, please use our information request form, visit one of our offices, or give us a call at (781) 383-0541, and Discover the Pilgrim Difference.