Dedicated to Deposits: Deals, Data, and Discussion

2.50% 9-Month CD at Danvers Bank in Massachusetts


Danvers Bank is offering a special CD rate of 2.50% APY for terms of 9 and 12 months. Minimum deposit is $500. These rates are listed on the bank's rate table as of 5/03/09.

As of 5/3/09, Danver Bank continues to offer an online 4-month CD with a 2.50% APY and a 2.05% APY online savings account. As I described in this February post, these online accounts are available nationwide. The 9 and 12-month special CDs are not listed in the online application and may require a branch visit.

They also offer a high-yield reward checking account that can be opened online (see post).

Branches are located in several Massachusetts cities including Boston, Danvers, Salem and Wilmington.

The bank has been around since 1850 and has been FDIC insured since 1985 (Certificate # 90185).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.

  Tags: Massachusetts, Danversbank, CD rates

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