bank rates

Mass. Deal: 30-Month CD Pays 1.61%

hand catching coins falling from aboveAvon Co-operative Bank has special 30-month CD rates for Boston-area savers.

It pays 1.61% APY with a $1,000 minimum deposit.

That easily beats the top nationally available 36-month offer on our CD Rates Leaderboard, which pays 1.46% APY.

It’s not quite as good as some nationally available credit union offers we’ve found, though.

How 3-year credit union rates compare

Institution APY Min. Deposit
Connexus Credit Union 1.75% $10,000 / Checking account required
Melrose Credit Union 1.66% $5,000
First Tech Federal Credit Union 1.60% $500

While you don’t have to be a Massachusetts resident to purchase these special certificates of deposit, you do need to buy them in person.

Avon Co-operative Bank has a single office, at 1 E. Main St. in Avon, located about an hour south of Boston.

Learn more about Avon Co-operative Bank at or call 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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