bank rates

New England Savers: Earn 1.75% On 36-Month CDs

36-month CDs

Savers across New England’s three southern states can score a deal with a bank that’s triggering our rate radar for the first time: Home Loan Investment Bank.

The Rhode Island-based community bank is paying 1.75% APY on 36-month certificates, which tops the best nationally available yield of 1.67% APY from the banks on our CD Rates Leaderboard.

A search through Bankrate’s extensive database of the day’s best CD rates is always smart, and we suspect it will confirm how attractive this deal is.

Home Loan serves customers residing anywhere in Rhode Island, Massachusetts or Connecticut. For those who can’t get to one of its branches in Warwick or Providence, Home Loan allows savers to open a certificate of deposit by mail or even email.

A minimum $1,000 deposit is required, and cashing in early will cost you a 6-month interest penalty.

For dozens more local and regional chart-toppers like this one, be sure to visit our constantly updated roundup of the best credit union and community bank CDs from around the country.

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