bank rates

Boston-Area Deal On Long-Term CD Rates

Avon Co-operative Bank is offering these deals with a $1,000 minimum depositAvon Co-operative Bank’s long-term CD rates are worth checking out if you’re in the Boston area.

With a $1,000 minimum deposit, the Avon, Mass.-based co-operative bank is offering:

  • 2.27% for 36-month CDs
  • 2.78% for 48-month CDs
  • 2.94% for 60-month CDs

Those rates beat the top nationally available rates for their corresponding terms. The 36-month CD rate is a tenth of a percentage point higher; the 60-month CD rate, one basis point. (Check out our latest CD Rates Leaderboard).

Anyone can open an account and purchase certificates of deposit at this co-operative bank. But all transactions must be conducted in person.

Avon Co-operative Bank (www.avoncoopbank.com) has a single office, at 1 E. Main St. in the south Boston suburb of Avon, which can be reached by calling (508) 586-1355.

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

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  1. Dan said:
    on May 21st at 11:04 am

    Just opened a 3 yr CD there this morning (has to be in person). Thanks!