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COVID-19 Updates - Important information regarding branch & service availability, remote banking options, resources for financial hardship, and more: Click Here

UMassFive has been approved to be a lender of the SBA's Payroll Protection Program (PPP) as a part of the recently passed 2020 CARES Act, and will be eligible to process PPP loans through the SBA's loan delivery system as soon as this system is made available to us. Please email our Commercial Services Division for additional information.

Business Savings


At UMassFive, we have a traditional Business Savings account with a low minimum balance (just $25 to open and $5 to keep open), as well as 24-hour online access.


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Saving for All Your Business Needs.

Your Business Savings account begins earning interest at a balance of only $10. You'll also enjoy 24-hour online access, eStatements, and great rates.


Business Savings Rates

Minimum Balance Dividend Rate Annual Percentage Yield
$5-$1,500 0.05% 0.05%
$1,501-$5,000 0.05% 0.05%
$5,001+ 0.05% 0.05%

Open an Account Today