| Bank or Credit Union | Apy | Min | Max | Product | |
| East Boston Savings Bank | 1.76% | $1k | - | 60 Month CD |
Competitive 5-Year CD at East Boston Savings Bank - Local Only
East Boston Savings Bank is offering a special 5-year CD and IRA CD with a 3.02% APY. It's also advertising two other CD specials, but the rates are not quite as competitive. These include a 1.55% APY 18-month CD and a 1.35% APY 12-month CD. Minimum deposit is $1,000. These rates are listed in the bank's rates page and on its home page as of 10/04/2010.
East Boston Savings Bank started an internet bank last year called EBSB Direct which offers an online savings account and CDs. There's an online application, but it's limited to New England and New York State (see review).
It appears that a branch visit is required to open these special CDs. Branches are located in Boston and in surrounding areas.
The bank has an overall health score of 3 out of 5 with a Texas Ratio of 20.98% (above average) based on 6/30/2010 data. Please refer to our financial overview of East Boston Savings Bank for more details. The bank has been a FDIC member since 1991 (FDIC Certificate # 33510).
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.
Banks Mentioned in this Post:
| East Boston Savings Bank Locations: 22 Health Rating:  |   |
| Recent Posts: 19-Month CD Special at Mt. Washington ... | Special 19-Month CD at East Boston Sav... | |
scottj - #1, Monday, October 4, 2010 - 4:08 PM
Looks like they need deposits. The CDs they did on the 14 month 2.55% promo they ran last year recently hit maturity, I got them to renew mine to a 3% 36 month one last week
Anonymous - #2, Monday, October 4, 2010 - 5:41 PM
Anyone know what the early withdrawal penalty is on the 5 year CD? It doesn't seem to be listed on the website.
Anonymous - #3, Thursday, March 1, 2012 - 12:35 PM
as of 2010 EBS will charge you to remove your IRA even though you have to take out the money at 70 1/2
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