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Thursday, October 14, 2010

Updates – Eastern Bank CD Rates

Highest CD rates is providing the latest Eastern Bank CD rates at customers service to help the American investor make the best possible informed decision on their investments as it pertains to CDs.

The source for these Eastern Bank certificate of deposit rates is the financial institution itself. This is a bank that has been serving the Boston, Massachusetts area since 1818.

The current CD rates are from two levels of accounts, the premier and the personal.
Rates of interest on CDs are as follows:

1. The 3 to 5 Month CD earns an APY of 0.40% and 0.30%, respectively.

2. The 6 to 11 Month CD earns 0.50% and 0.40% APY. Both of these selection terms of CDs earn simple interest and require a minimum deposit of $2,500.

3. The 12 to 23 Month CD earns an APY of 0.60% and 0.50%, respectively.

4. The 24 to 35 Month CD earns an APY of 0.75% and 0.60%.

5. The 36 to 47 Month CD earns an APY of 0.85% and 0.70%.

6. The 48 to 59 Month CD earns an APY of 1.00% and 0.80%.

The best CD rates from Eastern Bank are in the 60 plus Month CDs. These earn an APY of 1.40% and 1.00%, respectively. Each of the terms from 12 months to 60 plus have interest compounded monthly on the CDs. The minimum deposit for each of these CDs is $500.

These Eastern CD rates are subject to change without prior notice.

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