S-Bank is having a grand opening 9-month CD special with a very competitive rate of 2.33% APY. Minimum deposit is $1,000, and the maximum is $250,000. It's only available on February 12 and 13, 2010. This special doesn't appear to be listed at the bank's website. It was recently advertised in a Boston newspaper. The ad is available online here.
Even though it's a grand opening special, the special CD is available at all three of the bank's branches which are located in Weymouth, Quincy and East Bridgewater.
The bank also has a competitive yield on the top tier of its money market account: 2.00% APY on balances from $75K to $2M as of 2/07/2010.
S-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 1986 (FDIC Certificate # 26575).