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EBSB Direct 1.77% 10 Month CD

December 14th, 2009

EBSB Direct is offering an online 1.77% APY 10 month CD with a minimum deposit of just $1,000. To visit their site click here.

EBSB’s savings accounts are offering a decent rate of 1.57% APY but you need a $50,000 balance to get that rate. The CD deal is available nationally and can be funded via an ACH transfer. The rate locks when you submit your application and there’s a 10 day grace period at maturity.

EBSB Direct is an online banking site backed by East Boston Savings Bank based in Boston, Massachusetts. They have a 3 out of 5 star soundness rating from bankrate and are FDIC insured.

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