Patriot Community Bank has one heck of a special on 24-month CD rates for Boston-area savers.
It pays 1.60% APY with a $1,000 minimum deposit of new money.
The top nationally available 2-year CD rate on our CD Rates Leaderboard pays just 1.30% APY.
You can grab that deal from Texas-based NexBank with a $10,000 minimum deposit.
Patriot Community Bank’s offer is more than a quarter of a percentage point better.
You have to be a Massachusetts resident to buy these certificates of deposit and do so in person.
Patriot Community Bank has a single office, at 237 Lexington St. in Woburn, a suburb north of Boston.
Learn more about Patriot Community Bank at www.patriotcb.com or call 781-935-3318.
You can find this deal on the bank’s website by clicking on “Specials” on the homepage.
See how these returns compare with the best CD rates from scores of banks in our extensive database.