Certificate of Deposit Features Guide
| Interest Rate |
| APY |
4.25% |
| Term Length |
24 Month |
| Minimum deposit amount |
$500.00 |
| Maximum deposit amount |
N/A |
| Balance Requirements |
| Minimum Opening Deposit |
$500.00 |
| Minimum Balance to Avoid Fees |
- |
| Minimum Required Balance |
- |
| Fees |
| Early withdrawal penalty |
6 months interest |
| Monthly Maintenance Fee |
N/A |
| Foreign ATM Fees |
N/A |
| Insufficient Funds Fee |
$15.00 |
| Incoming Wires |
N/A
|
| Account Opening |
| Open Online |
Yes |
| Insured by |
F.D.I.C.
|
| Statements |
| Paper Statements |
Yes |
| Online Statements |
Yes |
| Online and Telephone Banking |
| Online Banking |
Yes |
| Telephone Banking |
Yes |
| Mobile Banking |
Yes |
| Deposit Checks with Mobile Device |
Yes |
| Free Bill Pay |
Yes |
| Online Bill Payments Required |
Yes |
Account Description
• Unlimited Protection – Deposits are insured by FDIC and Massachusetts' DIF insurance.
• Low Minimums – Earn interest on balances as low as $500.
• No Maintenance Fees
• Flexibility – Deposit additional funds throughout the term with the special 24-Month Investment CD.
• 500.00 minimum deposit needed to open the account and obtain the APY.
• Interest will be compounded monthly.
• Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity): The penalty will equal three months interest on the amount withdrawn subject to penalty.
Rate History
|
Date
|
APY
|
|
March 20, 2025 |
4.25%
|
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