bank rates

Boston Area Bank’s CD Deal Amazes

Cambridge Savings Bank has amazing 6-month CD rates for Massachusetts savers.

And, as you’ve probably noticed, we don’t throw around the word “amazing” all that often.

But given that this special pays 2.00% APY with a $1,000 minimum deposit of new money, we felt justified in pulling it out.

That beats the top nationally available 6-month CD rate on our CD Rates Leaderboard by more than a percentage point.

Heck, that even beats the top 60-month CD rate.

See, amazing.

You won’t find this CD special on the bank’s rates page.

It’s currently one of the rotating specials on the home page, as well as a static feature on the bottom right under “What’s New?” Clicking through from either will take you to a page with more details and a link for opening this certificate of deposit online.

A few items to note: You have to live or work in Massachusetts to take advantage of this special offer, you can buy these CDs online or at a branch, and the most you can invest is $50,000.

There are 16 branches in the metropolitan Boston area, in Acton, Arlington, Bedford, Belmont, Burlington, Cambridge, Concord, Lexington, Newton and Watertown.

Learn more about Cambridge Savings Bank at or call 888-418-5626.

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

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