CD Rates in PA
west Adams Savings is a helping savings bank headquartered in Adams, Massachusetts. The bank was founded in 1869 based on their best CD rates and has four bank locations in the area of Berkshire County including bank offices in Adams, Cheshire, Williamstown and Lee. southeastern Adams Savings Bank is a new savings bank and is a member of the FDIC insurance fund as well as the Depositors Insurance Fund.
southern Adams Savings offers a detailed range of products and services for common people and businesses. Consumer bank products and services offered by the bank include mortgage loans, home money loans, auto loans, online banking, savings accounts, free checking accounts, certificates of deposit, IRAs, money market accounts, best CD rates in Massachusetts and more.
Bank CDs at southeast Adams Savings have a variety of maturities ranging from three months to 5 years, are automatically renewed, have the option to be held in passbook or statement formats, the bank CD interest is compounded daily and offers the highest best CD rates, all earned interest can be withdrawn any time after it is posted and additional funds may be added at the maturity of the CDs. There is a minimum required deposit to open the bank CDs of $1,000.00.
Current best CD rates in Massachusetts promoted by western Adams Savings comprise the following terms and interest rates:
3 month best CD rates are at 1.00% 6 month CD interest rate 1.35% 12 month bank CD rate is 1.40% 18 month CD rate is 1.60% 24 month CD bank rate is 2.00% 36 month bank CD rate 2.50% 48 month CD interest rate is at 3.00% 60 month CD rate is 3.10%
The bank is also running a CD special for a brief term, 7 day certificate of deposit that has a yield of 1.50% and has a scarcely higher minimum deposit than the standard bank CDs of $2,500.00. These are some of the high CD rates around now.
As with most bank CDs there is a penalty for early withdrawal of principal before maturity. MA best CD rates and Bank rates promoted by South Adams Savings are subject to change at the bank’s discretion and associated conditions may apply. For timelier CD rate information as well as additional account details,southwest Adams Savings can be reached directly.
Certificate of deposit rates managed to shift even lower for the week ending Nov 6, 2009. Best CD rates with a six month maturity and CD rates with a two year maturity held steady while the one year rate contracted modestly and the five year fell a lot.
The average of the best six month CD rates available nationally was long-lived for the week. The average of the top ten best six month CD rates remained at 1.57%. Though the average of the top ten interest rates was intact, the highest six month CD rate was reduced rather dramatically. Ascencia Bank continues to offer the highest six month CD rate available nationally, however the bank lowered the rate from last week's APY of 1.76% to 1.63% this week.
The best one year CD rates average available nationally was down by two basis points or 2/100 of a percent for the week. The average yield on the top ten best one year CD rates reached down to 2.02% from the prior week’s average of 2.04%. The highest CD rate with a one year maturity, like the six month rates, was lower by a much more prominent amount. The best one year CD rate now stands at 2.10%, which is down from the previous week high yield of 2.20%. UmbrellaBank.com continues to offer the highest one year CD rate but now shares the top spot with Amboy Direct.
The average of the highest two year CD rates was frozen for the week. The top ten best two year CD rates continued to clock in an average interest rate of 2.31%. The highest two year CD rate along with the average also remainedunchanged. The best two year CD rate is a product of Atlantic Coast Bank which promotes a two year CD rate of 2.40%.
The average of the best five year CD rates available nationally took the biggest hit in yield for the week. The average of the top ten best five year CD rates was down by six basis points or 6/100 pf a percent to end the week. The average yield fell from the 3.40% in the previous week to 3.34% this week. The highest five year CD rate managed to hang on week over week, clinging to an interest rate of 3.50%. A 3.50% five year CD interest rate can be found at Acacia Federal Savings Bank as well as Flagstar Bank.