Competitive 18-Month CD Special at Northern Bank & Trust Company in MA - Local Only

Northern Bank & Trust Company is advertising a 2.00% APY 18-month CD special. Minimum deposit is $500. This special doesn't seem to be listed at the bank's website. It was advertised in the 1/21/10 edition of the Wicked Local News. The ad is available online here.

It appears a branch visit is required to open an account. Branches are located in the Boston suburbs of Acton, Billerica, Burlington, Chelmsford, Littleton, Melrose, Woburn and Westford.

The bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/09 financial data. The bank has been a FDIC member since 1960 (FDIC Certificate # 18266).