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Business Certificates of Deposit

You want a short-term or long-term insured, no risk investment to earn the highest rate available.

What it offers:

 

Fixed Rate CDs
  • Guaranteed return
  • Competitive rates
  • Terms from 6 to 60 months
  • Automatic renewal
Variable Rate CDs
  • Fluctuates with market conditions
  • Terms from 24 to 60 months

 

What it costs:

 

Minimum to open:

Fixed Rate CDs
  • $2,500 for 6 month CDs
  • $1,000 for 9, 12-23, 18, 19**, 24-35, 36-59 & 60 month CDs
Variable Rate CDs
  • $500 for 24 to 60 months*

Certificate of Deposit as of May 7, 2008
    
  Minimum to Open and Earn APY Interest Rate* Annual Percentage Yield (APY)*
6 Month $2,500 1.88% 1.90%
9 Month $1,000 2.33% 2.35%
12-23 Month $1,000 2.37% 2.40%
18 Month $1,000 2.47% 2.50%
19 Month** $1,000 2.47% 2.50%
24-35 Month $1,000 2.72% 2.75%
30 Month*** Step-Up $1,000 2.76% 2.80%
36-59 Month $1,000 2.76% 2.80%
60 Month $1,000 2.76% 2.80%
24-60 Month
Variable*
$500 2.72% 2.75%

Penalty for early withdrawal.
*Rates may change after account opening without notice. Fees may reduce earnings and are subject to change without notice.
**Upon maturity 19 month CD will renew to the then current 18 month CD interest rate.
***Special rate and "step-up" offer vaild for a limited time only. One Step-Up is to the then 30 month CD interest rate. Program subject to change without notice. Substantial penalty for early withdrawal.

If you have any questions about East Boston Savings Bank's business deposit products or services, please contact our Call Center at (800) 657-EBSB, or click "Contact Us" to e:mail our Retail Support Services.


Member FDIC. Member DIF. Equal Housing Lender. Equal Opportunity Lender.

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