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Whether you're saving for a new home, college tuition, a new car or that dream vacation, we have a savings account that can help you achieve your goals and dreams.

Statement Savings

A convenient and easy way to save with a monthly statement that reflects all your deposits, withdrawals, and interest earnings in an easy-to-read format. With this account you can:

  • Access via Eastern Online, our easy-to-use online banking service
  • Sign up for an ATM card
  • Link to your checking account to cover that occasional overdraft

Passbook Savings

For the more traditional saver, this low-minimum savings account allows you to track your deposits and withdrawals in a passbook.

RewardsPlus Savings

Part of our premier personal account package and available only to RewardsPlus Checking customers. Link this account to your RewardsPlus Checking and enjoy variable, tiered rates of interest.

Money Market Savings

A savings account with limited check writing privileges that offers higher, tiered rates than regular savings - the more money you put in your account, the more money we'll put in your account.

Certificates of Deposit (CDs)

With terms that range from 14 days to 5 years, each of our CDs offer security and competitive interest rates.

Club Accounts

Save for vacations, the holidays, or for a rainy day with our 50-week Holiday and All Purpose Club accounts. At the end of the term, we'll mail you a check for the balance plus any interest earned on the account.




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Eastern Federal Bank 257 Main Street, P.O. Box 709 Norwich, CT 06360-0709 860.889.7381
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