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Danversbank CD Rates

February 2nd, 2010

Danversbank is offering a local Massachusetts CD rate and also some good national CD rates. The first you can get from their Cambridge branch at 485 Mass Ave. It’s a 2.5% 1 year CD with a minimum deposit of $500, and a maximum of $500,000. You need new money to open this account. This deal could end at any time so if you live in Boston I suggest getting over to that branch ASAP if you want that certificate of deposit.

Danversbank is also offering the following nationwide: a 1.75% 4 month CD, a 1.5% APY savings account, and a 4.01% reward checking account. There’s an online application available for each of these accounts and online banking is available.

Branches of Danversbank are located in several Boston, Danvers, Salem and Wilmington, Massachusetts.

Danversbank has a strong 4 out of 5 star soundness rating from bankrate and is FDIC insured. To visit their site click here.

CD Rates

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