Northern Bank & Trust Company is having two deposit specials. The first is a 17-month CD with a 1.25% APY. Minimum deposit is $500, and the maximum is $500,000. This can be opened online and is available for personal and business accounts. The second special is just for business accounts. It's a business savings account with a 1.00% APY guaranteed for up to $250,000 until 6/30/2013. These specials and rates are listed in the bank's deposit specials page as of 1/11/2013. I was told by a bank CSR that these specials would probably not last past next week.
The CD can be opened online, and according to a bank's CSR, people in any state are eligible to open this account. Links to and information on the online application are available at this bank page.
The CDs can also be opened at one of the banks eleven branches. Northern Bank & Trust Company branches are located in Massachusetts north of Boston.
The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas ratio of 22.67% (average) based on September 2012 data. Please refer to our financial overview of Northern Bank & Trust Company for more details. The bank has been a FDIC member since 1960 (FDIC Certificate # 18266).
How This CD Rate Compares
The highest 18-month CD rate that's nationally available is 1.15% APY at Salem Five Direct and at NexBank. The best deal for a CD term close to 17 months is at Pentagon Federal Credit Union which has a 1.25% APY 1-year CD and a 1.60% APY 2-year CD. These rates are accurate as of 1/11/2013.
Searching for the Best 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.