The Danvers Bank in MA continues to offer the best cd rates for their special online 4-month certificate earning 3.00% APY. This certificate of deposit program can be availed of by residents of any state and it only takes $500 to open.

The application cannot be initiated on the rates table page but you can go to the free checking page and you will be walked through their online application powered by Andera.

Funding of the certificate of deposits can be made through ACH transfers from your existing bank accounts. Additional funding for the high interest certificate of deposit can be done upon maturity of the account.

There are also competitive regular and IRA cd rates offered by DBK. They have a 9 and 12 month certificate of deposit deal which gains 2.50% APY.

The rates are accurate as of April 1 and are expected to change any time. It will be best to call the bank for updated information prior to signing up for anything. Also ask for any fees or penalties which may affect the earnings of the certificates of deposit.

Danvers Bank has branches spread across Massachusetts. They have offices in Danvers, Boston, Wilmington, and Salem.

The bank has been in business since the mid 19th century and has been insured since 1985 with the FDIC through certificate # 90185.