JOURNAL ARTICLE

Northern Bank Direct review 2026: Great returns for your CD and MMA accounts.

  • Published In: Fortune.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hostetler, Joseph 3 of 3

Abstract

The article focuses on Northern Bank Direct, the online banking division of Northern Bank, a Massachusetts-based financial institution established in 1960. It offers limited financial products, including a money market account (MMA) with a top annual percentage yield (APY) of 3.40% and certificates of deposit (CDs) with rates up to 4.15%. While it provides competitive rates and no monthly fees, Northern Bank Direct lacks traditional checking and savings accounts, making it suitable for customers who prefer online banking without branch access. Additionally, it offers a health savings account and a 1031 exchange for tax deferral on property sales. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191332975
  • Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.