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A survey of current CD rates and terms for Eastern Savings Bank.  View our latest survey of the APY interest rates paid for certificates of deposit by term for the major and minor banks and credit unions that includes but is not limited to: Citibank, BofA, Chase, Wachovia, Taunus, Wells Fargo, HSBC, US Bancorp, Suntrust, ABN, Citizens Financial, Capital One, National City, PenFed, World Savings, Countrywide,  and many more.      

Eastern Savings Bank CD Rates as of Jan. 25, 2008
Certificate
Plan		 APY Interest
Rate		 Minimum Balance Compounding Method
    3-Month 3.05 % 3.005 % $1,000 Daily
    6-Month 3.35 % 3.295 % $1,000 Daily
    12-Month 3.75 % 3.682 % $1,000 Daily
    18-Month 3.80 % 3.730 % $1,000 Daily
    24-Month 3.90 % 3.832 % $1,000 Monthly
    30-Month 4.00 % 3.928 % $1,000 Monthly
    36-Month 4.15 % 4.073 % $1,000 Monthly
    48-Month 4.30 % 4.218 % $1,000 Monthly
    60-Month 4.45 % 4.362 % $1,000 Monthly



Definition:  A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Article:  How to Get the Best CD Rates

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Updated 03/06/08
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