bank rates

Massachusetts Deal: 4-Year CD Pays 2%

massachusetts quarterPilgrim Bank has special 48-month CD rates for savers in Massachusetts.

It pays 2.00% APY with a $1,000 minimum deposit.

That beats the top nationally available 36-month CD rate on our CD Rates Leaderboard – a term that has really struggled to rebound – by more than half of a percentage point.

It’s much closer to the lead 60-month CD rate. Two banks are currently offering that 2.15% APY.

You don’t have to be a Massachusetts resident to buy these certificates of deposit, but you need to do so in person.

Pilgrim Bank has two branches in Cohasset and a third in Marion.

Learn more about Pilgrim Bank at www.bankpilgrim.com or call 781-383-0541.

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

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