5.40% 15-Month / 5.20% 9-Month CD at a Massachusetts Bank
May 10, 2006 - 8:30 AM by Ken Tumin
Eastern Bank has a certificate of deposit special with two nice rates: 5.40% APY 15-month CD and a 5.20% APY 9-month CD. Both have a minimum deposit of $500. Personal accounts and Massachusetts residents only.
Eastern Bank is headquartered in Boston and has branches throughout Massachusetts.
Last September I posted about this bank's 4% money market account. The 4% was guaranteed through 3/31/06. That was the time when EmigrantDirect did their major rate hike to 4%. Like Emigrant, Eastern Bank money market rate hasn't changed much. Currently it's paying 4.25% APY and is guaranteed through 9/30/06. For more details refer to their promotional page.
Eastern Bank is headquartered in Boston and has branches throughout Massachusetts.
Last September I posted about this bank's 4% money market account. The 4% was guaranteed through 3/31/06. That was the time when EmigrantDirect did their major rate hike to 4%. Like Emigrant, Eastern Bank money market rate hasn't changed much. Currently it's paying 4.25% APY and is guaranteed through 9/30/06. For more details refer to their promotional page.
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