bank rates

A 2-Year CD That Pays 2.02%? Indeed.

$100 bills fanned outCape Ann Savings Bank has special 24-month CD rates for savers in Massachusetts’ Cape Ann area, northeast of Boston.

It pays 2.02% APY with a $500 minimum deposit. Increase your minimum deposit to $50,000, and you can add a quarter of a percentage point to that. Wow.

The 2.02% yield is more than three-quarters of a percentage point higher than the top nationally available 24-month CD rate on our CD Rates Leaderboard.

You have to be a Massachusetts resident and live in the area Cape Ann Savings Bank serves – Gloucester, Manchester-by-the-Sea, Rockport, Essex and the surrounding communities – to buy these special certificates of deposit.

You also have to visit a branch in person. There are two, on Rogers Street in Gloucester and on Beach Street in Manchester-by-the-Sea.

Learn more about Cape Ann Savings Bank at or 978-283-0246.

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

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (4 votes, average: 4.25 out of 5)
No Existing Comments

Comments are closed.