Comparison

Accounts Designed for You

We exist to help organizations like yours thrive. Check out our accounts - and pick the one (or more) that best fits your needs.

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Local Impact Cds

Description

Overview

Operating account for businesses.

Interest-bearing operating account for non-profits.

Interest-bearing savings account for organizations of all types.

Certificates of deposit with maturities ranging from 6 months to 100 years.

Interest Rates

Interest yield

1.9

APY²

BALANCES $0.01-$9,999.99

1.9

APY¹⁵

BALANCES $10,000-$249,999.99

2.9

APY

BALANCES $250,000+

1.9

APY

100

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APY³

Transactions

Debit card

Up to 4 free¹³

Mobile check deposit

Withdrawals

Unlimited

6 per month

Early withdrawal penalties apply. Penalties may reduce interest earnings.

Checks

¹⁸

Bill pay

ACH payments/ collections

Unlimited

ATM fee reimbursement

$15/statement cycle¹¹

Domestic wires

$25/wire⁵

Desktop check scanning¹²

Available through Enterprise Package¹⁹

Enhanced Fraud Prevention

Available through Enterprise Package¹⁹

Additional FDIC insurance⁴ (Up to $190M)

Available through Enterprise Package¹⁹

Details

Minimum initial deposit⁵

$1,000

Minimum daily balance

$0.01

Monthly maintenance fees

None

Checking

Spend Local Business

Description

Operating account for businesses.

Interest Rates

Interest yield

Transactions

Debit card

Up to 4 free¹³

Mobile check deposit

Withdrawals

Unlimited

Checks

¹⁸

Bill pay

ACH payments/collections

Unlimited

ATM fee reimbursement

$15/statement cycle¹¹

Domestic wires

$25/wire⁵

Desktop check scanning¹²

Available through Enterprise Package¹⁹

Enhanced Fraud Prevention

Available through Enterprise Package¹⁹

Additional FDIC insurance⁴(Up to $190M)

Available through Enterprise Package¹⁹

Details

Minimum initial deposit⁵

$1,000

Minimum daily balance

$0.01

Monthly maintenance fees

None

Checking

Spend Local Community

Description

Interest-bearing operating account for non-profits.

Interest Rates

1.9

APY²

Transactions

Debit card

Up to 4 free¹³

Mobile check deposit

Withdrawals

Unlimited

Checks

¹⁸

Bill pay

ACH payments/collections

Unlimited

ATM fee reimbursement¹¹

$15/statement cycle

Domestic wires

$25/wire⁵

Desktop check scanning¹²

Available through Enterprise Package¹⁹

Enhanced Fraud Prevention

Available through Enterprise Package¹⁹

Additional FDIC insurance⁴(Up to $190M)

Available through Enterprise Package¹⁹

Details

Minimum initial deposit⁵

$1,000

Minimum daily balance

$0.01

Monthly maintenance fees

None

SAVINGS

SAve Local Business

Description

Interest-bearing savings account for organizations of all types.

Interest Rates

BALANCES $0.01-$9,999.99

1.9

APY¹⁵

BALANCES $10,000-$249,999.99

2.9

APY

BALANCES $250,000+

1.9

APY

Transactions

Debit card¹³

Mobile check deposit

Withdrawals

6 per month

Checks

Bill pay

ACH payments/collections

Unlimited

ATM fee reimbursement¹¹

Domestic wires

Desktop check scanning¹²

Enhanced Fraud Prevention

Additional FDIC insurance⁴ (Up to $190M)

Available through Enterprise Package¹⁹

Details

Minimum initial deposit⁵

$1,000

Minimum daily balance

$0.01

Monthly maintenance fees

None

CDs

Local Impact Cds

Description

Certificates of deposit with maturities ranging from 6 months to 100 years.

Interest Rates

100

This is some text inside of a div block.

APY³

Transactions

Debit card¹³

Mobile check deposit

Withdrawals

Early withdrawal penalties apply. Penalties may reduce interest earnings.³

Checks

Bill pay

ACH payments/collections

ATM fee reimbursement¹¹

Domestic wires

Desktop check scanning¹²

Enhanced Fraud Prevention

Additional FDIC insurance⁴ (Up to $190M)

Available through Enterprise Package¹⁹

Details

Minimum initial deposit⁵

$1,000

Minimum daily balance

$.01

Monthly maintenance fees

None

Annual Percentage Yield. Grow Local account rates current as of June 17th, 2025. Interest is compounded daily, posted monthly. Rates are subject to change without notice. Tiered rates apply only to individual Grow Local accounts. Extra 1.00% (total of 2.75%) of annual percentage yield applies to balances $10,000-$99,999.99. Balances below ($9,999.99 and under) and above ($100,000 and more) do not qualify for the extra 1.00% of annual percentage yield (resulting in 1.75% APY). Fees could reduce the earnings on the account.

Annual Percentage Yield. Spend Local Community account rates current as of August 1st, 2025. Daily compounding, posted monthly. Rates are subject to change without notice. Fees could reduce the earnings on the account.

Annual Percentage Yield. Local Impact CD rates current as of August 1st, 2025. Rates are subject to change without notice. Interest is compounded daily and posted monthly. A penalty may be imposed for early withdrawal which may reduce the account's interest earnings.

Federal Deposit Insurance Corporation. Insurance coverage limited to $250,000. Additional insurance coverage available upon request.

Account charges & fees are listed at waldenmutual.com/fees.

Summer Farm Dividend Terms & Conditions apply.

Partner Perks Terms & Conditions apply.

Sustainability Certification Reimbursement Terms & Conditions apply.

Source: https://www.latimes.com/opinion/story/2023-01-18/fossil-fuel-expansion-bank-financed-emissions

As of May 8th, 2024; average across accounts offered by four largest U.S. banks; assumes location of Concord, NH and highest available savings rate.

We'll reimburse up to $15 per month in fees assessed by ATM providers. A full description of our account charges can be found at waldenmutual.com/fees.

Desktop check deposit also available, but requires purchase of a compatible scanner, and free enrollment and configuration of the service. Send us a note if you're interested!

Walden Mutual Partner Business Card is a Visa® Debit Card issued by Walden Mutual Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. First four business debit cards per business are free; refer to waldenmutual.com/fees for pricing information on additional cards.

Annual Percentage Yield. Assabet 12-month Local Impact CD rate current as of April 1, 2025. Interest is compounded daily, posted monthly. Subject to change without notice. $1,000 minimum to open. Penalties may apply for early withdrawals. Fees could reduce the earnings on the account. Signed pledge agreement required.

Annual Percentage Yield. Save Local Business account rates current as of August 12th, 2025. Interest is compounded daily, posted monthly. Rates are subject to change without notice. Extra 1.00% (total of 2.90%) of annual percentage yield applies to balances $10,000-$249,999.99. Balances below ($9,999.99 and under) and above ($250,000 and more) do not qualify for the extra 1.00% of annual percentage yield (resulting in 1.90% APY). Fees could reduce the earnings on the account.

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Annual Percentage Yield (APY) for the Spend Local Community account is current as of August 1st, 2025. Interest is compounded daily and posted monthly. A minimum opening deposit of $1,000 is required. Rates may change after the account is opened. Fees may reduce earnings.

Walden Mutual Partner Card is a Visa® Debit Card issued by Walden Mutual Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association.

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Checkbooks include 60 checks. Contact us for the latest prices. Business checks are priced separately.

The Enterprise Package is a bundle of services designed for more advanced organizations - available all for one low price. Services include desktop check scanning (scanner purchase price not included), Enhanced Fraud Prevention, and additional FDIC insurance coverage. Interested in learning more? Email us at hello@waldenmutual.com or call us at (603) 227-6801.