Stoughton Co-op Bank (MA) Adds 40-Month CD Special


Deal Summary: 40-months CD Special (2.75% APY), $5k minimum deposit, new money.

Availability: Market area includes Bristol, Norfolk, and Plymouth Counties, Massachusetts.

Earlier this month, Stoughton Co-operative Bank added four CD Specials, which require new money to open. The most competitive is the 40-month, which earns 2.75% APY. Any of these CD Specials can be opened with a $5k minimum deposit. Maximum opening deposit is $250k.

According to CSR, the Early Withdrawal Penalty for any of the CD Specials is six months of interest.

Share Insurance Fund

In addition to being FDIC insured, Stoughton Co-operative Bank’s deposits are also covered by the Share Insurance Fund. According to the Bank’s website, “There are no maximum account limitations or amount limitations.”

The Share Insurance Fund (SIF) is a private fund owned by the member co-operative banks, which insures all deposits at co-operative banks in Massachusetts above Federal Deposit Insurance Corporation (FDIC) limits.

Since its inception, the Share Insurance Fund has preserved the enviable claim of member co-operative banks that “no depositor has ever lost a dollar in any Massachusetts co-operative bank.”


Headquartered in Stoughton, Massachusetts, Stoughton Co-operative Bank’s market area includes the eastern Massachusetts counties of Bristol, Norfolk, and Plymouth.

Opening any type of account at Stoughton Co-operative Bank must be done at either of the two Massachusetts branches, both located on Park Street in Stoughton. The Bank’s online platform is currently limited to account management and bill payment services.

Bank Overview

Stoughton Co-operative Bank has an overall health grade of "A" at, with a Texas Ratio of 2.57% (excellent) based on December 31, 2017 data. In the past year, the Bank has increased its total non-brokered deposits by $8.18 million, an excellent annual growth rate of 9.48%. Please refer to our financial overview of Stoughton Co-operative Bank (FDIC Certificate # 26513) for more details.

In 1886, a group of local businessmen founded the Stoughton Co-operative Bank; 132 years later, the Bank still considers itself to be “Stoughton’s Hometown Bank.” Last fall, the Bank celebrated hometown banking by sponsoring a special Checking for Charity campaign. For every new personal or business account opened, Stoughton Co-operative Bank donated $10 to be shared by five local charities (Stoughton Youth Athletic Club, Parents of Performing Students, Animal Protection Center of Southeastern MA, Brockton Coalition for the Homeless, and the Ilse Marks Food Pantry).

How the CD Special Compares

When compared to the similar length-of-term CDs tracked by, which require a similar minimum deposit and are available within the Bank’s market area, Stoughton Co-operative Bank's 40-months CD Special APY currently shares top standing with Cornerstone Bank’s 38-month CD APY.

The above rates are accurate as of 3/29/2018.

To search for the best CD rates, both nationwide and in your state, please refer to our CD Rates Table page.

Related Pages: Boston CD rates, 5-year CD rates

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.