Hyde Park Savings Bank with 18-month CD Special with 4.1% APY and 5-month CD with 4% APY
The Hyde Park Savings Bank in MA is pushing for their best CD rates through their 5-month program which gains 4% APY and 18-month CD earning 4.1% APY. The CD special requires a minimum deposit of $10000.
The rates are subject to change according to the bank representatives so it will be best to check the on going on rates first before signing anything.
The top CD rates require at least 3 withdrawals from a Triangle Interest Checking Account every statement cycle. If this condition is not met, the yield will permanently fall to 0.50% APY. These withdrawals include online transfer, phone transfers, bills payment, via check, debit card, or ATM.
The Triangle Checking Account requires a $10 fee per month which can easily be waived if the account holder has a combined deposit of $5000.
Interested individuals may apply online but the program is limited to Massachusetts residents only.
The bank has branches in West Roxbury, Norwood, Hyde Park, Dedham, and Brookline in MA.
HydePark Savings Bank was given a 5-star and 3-star rating for financial soundness by the BauerFinancial and bankrate.com, respectively, using their September 30, 2008 collected data.
The bank is protected by the FDIC through their certificate # 90160. Consumer deposits above the FDIC limits are insured through their private DIF coverage.
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