CD Rates

Open CD Now

 

Term Interest Rate APY* Minimum to Open
7-month certificate 4.64% 4.75% $1,000
15-month certificate 4.40% 4.50% $1,000
23-month certificate 3.93% 4.00% $1,000

You may also visit any of our convenient branch locations to open the above CD Special.

Effective Date: Tuesday, Oct 8, 2024

*APY is Annual Percentage Yield and accurate as of  Tuesday, Oct 8, 2024. $1,000 minimum to open. This account must be funded only by New Money. “New Money” means money used to fund this account that comes from a source other than a Bay State Savings Bank account. New Money does not include money that is temporarily routed from a Bay State Savings Bank account to one or more other destinations or mediums that are then used to fund the account. Minimum $0.01 to earn stated APY. Fees may reduce earnings. Penalty may be imposed for early withdrawal. Limited time offer and subject to change without notice. Additional terms and conditions apply.

Open CD Now

Term Interest Rate APY*
3-month certificate 0.499% 0.50%
6-month certificate 0.747% 0.75%
12-month certificate 0.995% 1.00%
18-month certificate 1.490% 1.50%
24-month certificate 1.982% 2.00%
36-month certificate 2.472% 2.50%
48-month certificate 2.716% 2.75%
60-month certificate 2.960% 3.00%

Effective Date: Tuesday, Oct 8, 2024

*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.