Top 4-Year CD Special at UniBank in MA - Local Only
UniBank is offering a very competitive rate of 3.00% APY on a 4-year CD special. Minimum deposit is $500. The CD specials with shorter terms are not nearly as competitive. These include a 1.50% APY 2-year CD and a 1.00% APY 1-year CD. On the plus side, these two shorter term CDs give you the option to step up to a higher rate once during the life of the account. These rates are listed in the bank's deposit rates page as of the morning of 3/14/2011.
As a comparison to CDs available nationwide, the best 4-year CD rate at a bank is 2.50% APY at OneWest Bank, and the best 4-year CD rate at a credit union is 2.55% APY at Fort Knox Federal Credit Union. These rates are accurate as of 3/14/2011.
At the top of UniBank's deposit rates page, there's a link to an online application. At the top of the first page of the application, it states:
We welcome all residents of Massachusetts, Rhode Island and Connecticut to apply.
Update 6/27/2011: This 4-year CD is a branch-only special, and requires that you reside in their market area. UniBank branches are located in south Worcester County, Massachusetts.
The bank has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 6.81% (excellent) based on December 2010 data. Please refer to our financial overview of UniBank for Savings for more details. The bank has been a FDIC member since 1985 (FDIC Certificate # 90290).
Searching for the Best CD and IRA CD Rates
To search for the best nationwide rates and the best rates in your state, please refer to the following sections of DepositAccounts.com:
Banks Mentioned in this Post:
|UniBank for Savings|
Locations: 7 Health Rating:
|Recent Posts: New Reward Checking Account at UniBank... | Top 4-Year CD Rate at UniBank in Massa...|