RateAPY

CD Rates from EBSBdirect Up to 2.75% APY

Posted by: RateAPY Bank Rates News
May 19th, 2010

If you’re looking for an outstanding rate on certificates of deposit for personal investment, EBSBdirect–the online division of East Boston Savings Bank–is currently offering 10-month certificates of deposit with the very attractive annual percentage yield (APY) of 1.77%. And if you are willing and able to put your money away for 3 years, you can earn 2.75% APY on one of their 36-month CDs!

High Interest CD Rates Are Great Way to Save

To take advantage of these superb CD rates, open an EBSBdirect certificate of deposit with a minimum of $1,000, using money new to East Boston Savings Bank. But as you probably know, rates can change daily, and offers are here one day and gone the next–so if you like this deal, today is the day to research whether it’s the right investment choice for you.

CDs are a phenomenal way to save, if you don’t need to dip into the balance before the certificates mature. If you do, you’ll pay a stiff penalty for early withdrawal, so compare CD rates and terms first to find the deal that best suits your timeframe and financial goals.