Lily Jean Fund

BankGloucester is proud to be a trusted partner to collect funds for the FV Lily Jean Fund. Working with Cape Ann Savings Bank and the Gloucester Fishing Community Preservation Fund, all BankGloucester locations are accepting contributions benefiting the families of the F/V Lily Jean.

Click here to donate online.     |     Watch our video message.

 

 

Open a BankGloucester savings account today with just $10 and watch your money grow!

Our Statement Savings Account is a great choice for anyone looking to build their savings with no fees. For higher interest rates, consider our Elite Reward Savings Account, available exclusively to customers with an active Elite Reward Checking Account. We also offer a kid-friendly savings account for our younger customers to start their financial journey.

family-banking-parent
no-monthly-fees-icon-box
mobile-deposit-icon-box

START HERE

Statement Savings

Earn interest without fees or penalties, and get one free bank check or money order per day.

statement-savings-interest

Elite Companion Savings

Now you can pair your Elite Reward Checking Account with an Elite Companion Savings Account and earn even more.

Earn interest with no minimum balance and no monthly service charges. Just straight up savings!

Kid$ave Savings Account

The FUN way to teach children to save money.

Each time a child makes a deposit of $5 or more into their Kid$ave account, they may choose a prize from the Treasure Chest. Kid$ave is a basic, passbook savings account. It is an interest-bearing account and there are NO FEES associated with this account.

Stop by any branch to open an account!

Rates & Disclosures

Rates Effective: February 23, 2026

TypeMinimum Deposit to Open Account Minimum Balance to Earn APY* Interest Rate APY*Compounding Frequency
Statement Savings$10$0.010.10%0.10%Monthly
Elite Companion Savings$10$0.011.00%1.00%Monthly
Kid$ave Savings$1$0.010.10%0.10%Quarterly

*Rates may change after the account is opened. Fees could reduce earnings. Elite Reward Savings requires an Elite Reward Checking Account.

Have Questions or Need Assistance?