For those of you who are interested in making a higher APY rate, the South Shore Bank is offering CDs with up to a 2.00% APY CD Rates. Headquartered in South Weymouth, South Shore Bank is the 36th largest bank in the state of Massachusetts and the 705th largest bank in the nation. Currently, South Shore Bank offers a 6 month CD that gives an above market average return of 0.25% on investment. The 6 month CD has surpassed the national 6 month CD market by around 0.15%.
South Shore Bank:
South Shore Bank was established in 1833. Since December of 2016, it had grown to 169 employees at 16 different locations. More so, South Shore Bank has an A+ health rating. They are a full service mutual savings bank in Massachusetts, located in eight communities throughout the South Shore. As a mutual savings bank, they are dedicated to the needs of the community rather than the demands of investors. If you’re interested in a surefire way to invest your money, then make sure to check out South Shore Bank’s CDs.
South Shore Bank’s 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! The South Shore Bank’s Best CD Offer pays the highest APY rate with a 2.00% APY for 44 months if you’re a personal customer, and a 1.10% APY for 60 months if you’re not. If you’re interested in making a higher rate than a traditional savings account then make sure to check out the South Shore Bank’s CDs. And remember, your CDs are FDIC insured so invest in a CD today!
Certificates of Deposit:
- 0.20% APY for 3-Month CD
- 0.25% APY for 6-Month CD
- 0.25% APY for 9-Month CD
- 0.40% APY for 12-Month CD
- 0.50% APY for 15-Month CD
- 0.60% APY for 18-Month CD
- 0.70% APY for 24-Month CD
- 0.75% APY for 36-Month CD
- 1.00% APY for 48-Month CD
- 1.10% APY for 60-Month CD
CDs for Personal Customers:
- 1.40% APY for 14-Month CD
- 1.40% APY for 22-Month CD
- 1.60% APY for 30-Month CD
- 2.00% APY for 44-Month CD
Bottom Line:
Whether you’re interested in a short term or long term CD, look no further as the South Shore Bank offers you an array of CDs from 3 months to 60 months. All you need is a minimum of $1,000 deposit to pick your CD term. Earn up to a 2.00% APY rate with the South Shore Bank. Sign up for a CD with the South Shore Bank today, and 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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