If you are a resident of Massachusetts and currently looking for great savings rates, then make sure you keep reading. Colonial Federal Savings Bank has a wide array of products to meet your individual needs and are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met.
They currently offer standard CD rates from 3-months to 42-months with 0.20% to 3.00% APY Rates but are currently promoting a 48-month CD term with 3.25% APY on $1,000 balances or more. By joining Colonial Federal Savings Bank, you get to enjoy earning higher rate of interest than regular savings account.If you are interested, make sure to read on to learn more about Colonial Federal Savings Bank’s wide array of CDs or visit any branch now and open your CD today!
Colonial Federal Savings Bank CDs
CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is – the higher APY rate you make! Colonial Federal Savings Bank’s Best CD Offer pays the highest APY rate with a 3.25% APY rate on their 48-Month term. Colonial Federal Savings Bank wants to make you feel supported and helps gain control of your hard earned funds. If you’re interested in earning a higher rate than a traditional savings account than make sure to check out the CD rates below.
CD Special
| Term | APY Rate | Minimum Deposit | How They Compare |
| 48-Month CD | 3.25% | $1,000 | Best 48-Month CD Rates |
Standard CD Rates
| Term | APY Rate | Minimum Deposit |
| 3-Month | 0.20% | $1,000 |
| 6-Month | 0.30% | $1,000 |
| 9-Month | 0.30% | $1,000 |
| 11-Month | 0.35% | $1,000 |
| 12-Month | 0.50% | $1,000 |
| 17-Month | 2.75% | $1,000 |
| 24-Month | 0.80% | $1,000 |
| 30-Month | 0.85% | $1,000 |
| 36-Month | 0.95% | $1,000 |
| 42-Month | 1.15% | $1,000 |
*Rates Effective As Of 05/09/2019
CD Features
- 24/7 access to your account online
- No monthly maintenance fee
- A low $1,000 minimum deposit to open
- FDIC Insured up to $250,000
Bottom Line
Looking for a short term or long term CD? Then look no further as Colonial Federal Savings Bank offers you various CD terms from 3 to 48 months but be sure to take advantage of their current promotion of 48-Month CD Special of 3.25%.
You will be able to fully take control of your funds through their products and services and also maximize your saving potential. Sign up for a CD with Colonial Federal Savings Bank and the enjoy their high APY rates today. Check out our Best CD Rates at HMB!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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