Hyde Park Savings Bank offers to MA Residents at 3.00% APY Best CD Rates on 9-month Term
The Hyde Park Savings Bank invites residents of Massachusetts to take advantage of their internet cd best rates special with earnings of 3.00% APY for a 9-month term.
Another good deal with the bank is their 18-month bump rate CD now with an APY of 3.25%. This is on a limited offer basis so call the bank first to verify. This certificate of deposit asks for a minimum deposit of $10000 and requires on a per statement cycle basis 3 withdrawals from the Triangle Interest Checking Account. Rates will fall to 0.50% if this requirement is not met.
The Triangle Interest Checking Account collects a $10 monthly fee. Consumers may opt to maintain a combined deposit of at least $5000 to avoid the monthly charges. It seems that it will be very easy to set up automatic withdrawals from the account on a monthly basis.
The offer is strictly for MA residents only and can be started by filling up an online application.
Hyde Park Savings Bank has branches in West Roxbury, Norwood, Hyde Park, Dedham,, and Brookline.
BauerFinancial gives the bank 5 stars and bankrate.com issued 3 stars after reviewing its financial soundness using their September 2008 data.
The bank is FDIC insured with certificate # 90160. They also have DIF insurance which will cover deposits above the limits of the FDIC.
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