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

Eagle Bank is offering a 10% 12-month certificate of deposit. The minimum is $100 and the maximum is $1K. It requires a new checking account with monthly direct deposit. A minimum $10 deposit is required to open the checking acocunt. The checking account has no monthly maintenance charges or minimum balance requirements.

This is offer is essentially a $45 checking account bonus offer. That's about the amount that you earn over a top nationally available CD on $1K for 1-year.

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

Credit for this find goes Boston Money Guy who mentioned it in the finding deals post.