East Boston Savings Bank is advertising a competitive 19-month CD for two of its Boston area branches. It's a special 1.27% APY 19-month CD with a minimum deposit of $1,000 ($500 for the IRA CD). New money is required. The special is only available at the bank's Everett and Medford branches. The offer was advertised in Boston newspapers last Friday (11/2/2012). The ad is available online here. It's a limited time special.
Last month the bank was advertising a $100 checking account bonus. This promotion should still be available. I have more details in my EBSB checking promotion review.East Boston Savings Bank branches are located throughout the Boston metro area.
The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas ratio of 21.38% (average) based on June 2012 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).
How This CD Rate Compares
The highest 18-month CD rate that's nationally available is 1.15% APY at Salem Five Direct and NexBank. For a shorter 12-month term, PenFed has the best nationwide deal with a 1.26% APY. These rates are accurate as of 11/05/2012.
Searching for Top CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.