With a minimum daily balance between $100,000 and $10,000,000 when you open a Private Banking Money Market Special Account and a Private Banking Checking account or other consumer checking accounts.*
Balance | APY* | Interest Rate | Method of Compounding |
|---|---|---|---|
$10-$9,999 | 0.10% | 0.10% | Monthly |
$10,000-$99,999 | 0.30% | 0.30% | Monthly |
$100,000-$10,000,000 | 4.00% | 3.93% | Monthly |
| $10,000,000.01+ | 0.10% | 0.10% | Monthly |
*The annual percentage yield (APY) disclosed above is accurate as of October 31, 2025. The conditions are to open a Private Bank Money Market Special with new money not currently on deposit at Eastern Bank and open a Private Banking checking account or other consumer checking. This offer, interest rates, or APY may change at any time at the discretion of the Bank. Fees may reduce earnings. Please refer to the Personal Deposit Account Agreement for details.
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What You Can Expect
A Relationship That’s Personal
A Private Banker who gets to know you, not just your accounts—backed by specialists across banking, wealth, and lending.
A Plan That’s Holistic
From investments to business strategy, we bring your full financial picture into view.
Access That’s Elevated
From onboarding to ongoing support, you’ll enjoy direct access to decision-makers, exclusive content, and events tailored to you.
A Legacy That’s Trusted
With 130+ years of experience we’re built to support your goals for generations.
A Seamless Start
We make it easy to move your relationship with support at every step. No stress. No surprises.