Randolph Savings Bank is offering several good deals on its CDs and IRA CDs. The most competitive is a 3.15% APY 60-month CD. The other ones include a 2.00% APY 30-month CD special and a 2.50% APY 48-month CD special with a bump option. For the bank's Rhode Island customers, there's a very competitive 10-month CD with a 1.50% APY. Minimum deposit is $1,000. These rates are listed in the bank's Rhode Island rate sheet and the Massachusetts rate sheet as of 7/23/2010.
The bank has an online application, but it states that "new Accounts are opened for existing customers and those who live or work within our defined market area."
Branches are located in the Massachusetts cities of Randolph, Stoughton, Holbrook and in the Rhode Island cities of Coventry and Cranston.
The bank's ratings for safety and soundness are above average: 5 stars (superior) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 3 out of 5 at DepositAccounts.com (see our financial overview for Randolph Savings Bank). The bank has been a FDIC member since 1986 (FDIC Certificate # 90270).
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.