Top 4-Year CD Rate at UniBank in Massachusetts - Local Only

UniBank is again offering a very competitive 4-year CD. It has a 3.00% APY with a maximum deposit of $250,000. The rate is subject to change at anytime. It's listed at the bank's rates page as of 6/27/2011.

I first reported on this special in March, but I just learned this special hasn't been available for that entire time. It just came back about a month ago. I was told the early withdrawal penalty is 6 months of interest.

I also learned that it's a branch-only special that is not available from their online application. That's a disappointment since their online application says anyone from MA, CT and RI can apply. In addition to being a branch-only special, this CD requires that you are in their market area. UniBank branches are located in south Worcester County, MA. If you're interested in this CD, make sure to call to verify both the rate and your eligibility before making a long drive.

The bank has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 5.90% (excellent) based on March 2011 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).

How It Compares

The best 4-year CD rate that's nationally available is only 2.45% APY at Alliant Credit Union and Fort Knox Federal Credit Union (as of 6/27/2011).

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.