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CD Rates

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Term Interest Rate APY* Minimum to Open
9-month certificate 3.928% 4.00% $1,000
11-month certificate 4.169% 4.25% $1,000

Please visit any of our convenient branch locations to open the above CD Special.

Effective Date: Wednesday, Mar 29, 2023

Annual Percentage Yield (APYs) current as of  Wednesday, Mar 29, 2023. The stated APY assumes interest will remain on deposit until maturity. Minimum of $0.01 to earn stated APY. Fees may reduce earnings. Penalty may be imposed for early withdrawal. Account must be funded by new money to Bay State Savings Bank. Offer subject to change without notice. Additional terms and conditions apply

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Term Interest Rate APY* Minimum to Open
7-month certificate 3.688% 3.75% $1,000

Please visit any of our convenient branch locations to open the above CD Specials.

Effective Date: Wednesday, Mar 29, 2023

Annual Percentage Yield (APYs) current as of  Wednesday, Mar 29, 2023. The stated APY assumes interest will remain on deposit until maturity. Minimum balance to obtain disclosed APY is $0.01.  Fees can reduce earnings. A penalty will be imposed for early withdrawal. Additional terms and conditions apply. Offer subject to change without notice.

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Term Interest Rate APY*
3-month certificate 0.15% 0.15%
6-month certificate 0.20% 0.20%
12-month certificate 0.25% 0.25%
18-month certificate 0.30% 0.30%
24-month certificate 0.35% 0.35%
36-month certificate 0.40% 0.40%
48-month certificate 0.45% 0.45%

Effective Date: Wednesday, Mar 29, 2023

*Annual Percentage Yields (APY) and Interest Rates may change at any time without notice and at the Bank’s discretion. Minimum opening deposit of $1,000 is required for all CDs except the 3-month certificate. Minimum deposit to open a 3-month certificate is $5,000. Stated minimum opening deposits are the minimum balances required to receive the stated APYs. Fees may reduce earnings. A penalty may be imposed for early withdrawal. The Bank reserves the right to institute or change maximum balance limits on monies on deposit by a depositor or in any specific account at any time. If balances exceed a maximum limit, the Bank reserves the right not to pay interest on the balance exceeding the maximum or to transfer the exceeding amount into a non-interest bearing account. We use the daily balance computation method to calculate interest on your accounts, This method applies a daily periodic rate to the principal in the account each day.