Northfield Savings Bank invites consumers to take advantage of their high interest rate certificate of deposit. The bank is highlighting their 5 year CD special which earns you an interest rate of 3.00% APY. They are also pushing for the 15 month CD special that earns you an interest rate of 1.15% APY. The bank also offers a very competitive rate for their other money in the bank deals:

• 3 month        0.35% APY
• 6 month        0.50% APY
• 12 month      0.75% APY
• 24 month      1.10% APY
• 36 month      1.50% APY
• 48 month      1.50% APY

Northfield Savings Bank requires you to deposit a minimum balance of $1,000 to open an account and earn these high interest rate certificates of deposit. If you deside to make an early withdrawal, expect that there will be a penalty that you will need to pay. For less than 1 year term it is equivalent penalty of 3 months interest rate, for 15 month term it is equivalent penalty of 12 months interest rate, and for 18 months and above term the equivalent penalty will be 6 months interest rate. Take note that if your balance falls below $1,000 you will be required to close the account.

Individuals who are residents located in Northern and Central Vermont are qualified to open a certificate of deposit account with Northfield Savings Bank. You may visit their branches near you to apply. Their offices are located in the cities of Waterbury, Montpelier, Barre, and Burlington in the state of Vermont. You may also contact the banks customer service line regarding application and current certificate of deposit rates thru 800-672-2274, they are only open on weekdays between 8am to 5pm.

Northfield Savings Bank is a Federal Deposit Insurance Corporation member and has a certificate number of 14140.