10% 12-Month CD at a Massachusetts Bank ($1K Max)

Eagle Bank is offering a special 10% APY 12-month certificate of deposit. The maximum deposit is $1K and the minimum deposit is $100. This offer is only available to new checking account customers with direct deposit at least monthly into a new Eagle Bank checking account, which must be maintained. A $10 minimum deposit is required to open a checking account.

This special is essentially the same as a $50 checking account/direct deposit bonus. The 10% APY on $1K for one year results in about $50 over what you could get from a top 1-year CD.

The bank has branches in the Massachusetts cities of Everett, Medford and Lexington.

You may be able to use ACH transfers in place of direct deposit. Refer to this FW ACH/direct deposit thread.

Credit for this find goes to the commenter who mentioned it in the finding deals post.