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 “Specialsâ€ on the homepage.
See how these returns compare with the best CD rates from scores of banks in our extensive database.