bank rates

4-Year CD Pays 2% In Massachusetts

flipping through a stack of $100 billsBridgewater Savings’ special 48-month CD rates is the latest in a string of good deals we’ve found for Boston-area savers.

It pays 2.00% APY with a $2,000 minimum deposit.

That’s nearly as good as the top nationally available 60-month CD rate on our CD Rates Leaderboard, which recently dropped slightly to 2.05% APY.

You have to be a resident of Massachusetts to buy these certificates of deposit and do so in person.

Bridgeport Savings typically allows anyone to buy CDs of a year or longer but requires a $5,000 minimum deposit for customers who live outside Massachusetts. The website doesn’t say it, but this certificate of deposit is considered a CD special and is not open to outside residents.

Bridgewater Savings has eight branches around the Metro South area of Boston, in Bridgewater, East Bridgewater and West Bridgewater, as well as Lakeville, Pembroke, Raynham and Taunton.

Learn more about Bridgewater Savings at www.bridgewatersavings.com or call 800-356-8622.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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