Dedicated to Deposits: Deals, Data, and Discussion

2.20% 12-Month CD in MA & 2.20% 18-Month CD in FL at Trustco Bank - Local Only


TrustCo Bank
Trustco Bank is offering a special CD rate of 2.20% APY at its Massachusetts and Florida branches. The best deal is in Massachusetts which only has a 12-month term. In Florida, it's an 18-month term. In Downstate New York and New Jersey, the special 12-month CD rate is 1.85% APY. In all three regions, there's a special 1.55% APY 6-month CD. The special CD rates are lower for the Capital Region New York and Vermont. Minimum deposit is $500, and a checking account is required. These specials are also available in an IRA. These rates are listed in the bank's rates page as of 9/22/09. Note, you must enter your zip code to see the rates for your region.

The free checking account will qualify you for this special, and it does not require direct deposit. So it's not too bad of a requirement. The free checking account has a minimum $25 opening deposit, has no monthly service charge and offers free checks for life.

Trustco Bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial (based on 6/30/09 data) and 3 stars (performing) at (based on 3/31/09 data). The bank has been a FDIC member since 1978 (FDIC Certificate # 31945).

Other Competitive Certificate of Deposit Rates

  Tags: Massachusetts, New York, CD rates, New Jersey, IRA rates, TrustCo Bank, Florida

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