EBSB Direct is offering an online 1.77% APY 10 month CD with a minimum deposit of just $1,000. To visit their site click here.
EBSB’s savings accounts are offering a decent rate of 1.57% APY but you need a $50,000 balance to get that rate. The CD deal is available nationally and can be funded via an ACH transfer. The rate locks when you submit your application and there’s a 10 day grace period at maturity.
EBSB Direct is an online banking site backed by East Boston Savings Bank based in Boston, Massachusetts. They have a 3 out of 5 star soundness rating from bankrate and are FDIC insured.
Category: CD Rates